[stockstradr]

esmith,

YES, I can understand your pumping and pimping your “miners” to get suckers to buy ’em and push up the price.

After all, you have a LOTTA ground to make up.

You were buying them back in Oct 2008 and advising us do the same:

http://piggington.com/undervalued_stocks

And now your RTP has fallen from your purchase price of $139 down to $86. That’s -38%! Nice call on that one.

If you want to get some suckers to buy and push your tanked mining stocks up, maybe you should try a wider audience like make some videos for youtube.com?

Now I suppose I should finish on a positive note.

I have further tortured my mind by looking at a good number of your previous posts, and have concluded you frequently have given VERY GOOD advice on financial markets and investing (with exception of your stinking mining stocks)

However, now, yes NOW maybe MAYBE getting close to a good time to buy those general commodity mining stocks. Even a broken clock tells the correct time twice a day.

You have to remember that the commodities crash has really screwed the general commodity miners. They will go bankrupt if mined commodities continue to stay this low…additionally, mining requires continual and substantial re-investment but the credit markets are frozen, esp. for the miners.

Yet, the gold (and silver) miners are making plenty of money because precious metals never fell nearly as much in price as did other mined commodities.

[stockstradr]

esmith,

YES, I can understand your pumping and pimping your “miners” to get suckers to buy ’em and push up the price.

After all, you have a LOTTA ground to make up.

You were buying them back in Oct 2008 and advising us do the same:

http://piggington.com/undervalued_stocks

And now your RTP has fallen from your purchase price of $139 down to $86. That’s -38%! Nice call on that one.

If you want to get some suckers to buy and push your tanked mining stocks up, maybe you should try a wider audience like make some videos for youtube.com?

Now I suppose I should finish on a positive note.

I have further tortured my mind by looking at a good number of your previous posts, and have concluded you frequently have given VERY GOOD advice on financial markets and investing (with exception of your stinking mining stocks)

However, now, yes NOW maybe MAYBE getting close to a good time to buy those general commodity mining stocks. Even a broken clock tells the correct time twice a day.

You have to remember that the commodities crash has really screwed the general commodity miners. They will go bankrupt if mined commodities continue to stay this low…additionally, mining requires continual and substantial re-investment but the credit markets are frozen, esp. for the miners.

Yet, the gold (and silver) miners are making plenty of money because precious metals never fell nearly as much in price as did other mined commodities.

[stockstradr]

esmith,

YES, I can understand your pumping and pimping your “miners” to get suckers to buy ’em and push up the price.

After all, you have a LOTTA ground to make up.

You were buying them back in Oct 2008 and advising us do the same:

http://piggington.com/undervalued_stocks

And now your RTP has fallen from your purchase price of $139 down to $86. That’s -38%! Nice call on that one.

If you want to get some suckers to buy and push your tanked mining stocks up, maybe you should try a wider audience like make some videos for youtube.com?

Now I suppose I should finish on a positive note.

I have further tortured my mind by looking at a good number of your previous posts, and have concluded you frequently have given VERY GOOD advice on financial markets and investing (with exception of your stinking mining stocks)

However, now, yes NOW maybe MAYBE getting close to a good time to buy those general commodity mining stocks. Even a broken clock tells the correct time twice a day.

You have to remember that the commodities crash has really screwed the general commodity miners. They will go bankrupt if mined commodities continue to stay this low…additionally, mining requires continual and substantial re-investment but the credit markets are frozen, esp. for the miners.

Yet, the gold (and silver) miners are making plenty of money because precious metals never fell nearly as much in price as did other mined commodities.

[stockstradr]

Piggington.com is an evil addiction that has me in its grip.

🙂

I do need to go cold turkey from this place, yes.

[stockstradr]

Piggington.com is an evil addiction that has me in its grip.

🙂

I do need to go cold turkey from this place, yes.

[stockstradr]

Piggington.com is an evil addiction that has me in its grip.

🙂

I do need to go cold turkey from this place, yes.

[stockstradr]

Piggington.com is an evil addiction that has me in its grip.

🙂

I do need to go cold turkey from this place, yes.

[stockstradr]

Piggington.com is an evil addiction that has me in its grip.

🙂

I do need to go cold turkey from this place, yes.

[stockstradr]

Realtors who are knowledgeable on CV, your kind and valuable opinion please:

http://www.sdlookup.com/MLS-090004696-12166_Carmel_Park_San_Diego_Ca_92130

What do you think this active listing will likely sell for in this market?

I’m kinda curious how an ex-coworker’s house value is holding up. I’m using the above home as a proxy. My friend’s home is similar size to above active listing, and similar size. This is his home:

http://www.sdlookup.com/Property-3CFE84CC-3935_Del_Mar_Gln_San_Diego_CA_92130

HOWEVER, I think my friend’s home interior is more like this link below (so not nearly showing as well as the first link) and probably has no pool:

http://www.sdlookup.com/Pictures-080080438

My friend paid about $373/sq ft (including needed renovation costs)

It seems that area has held its value well into last year. Starting this year with the accelerating job layoffs hitting even the economic brackets of these homeowners, I think home values in these areas will start to take a hit.

[stockstradr]

Realtors who are knowledgeable on CV, your kind and valuable opinion please:

http://www.sdlookup.com/MLS-090004696-12166_Carmel_Park_San_Diego_Ca_92130

What do you think this active listing will likely sell for in this market?

I’m kinda curious how an ex-coworker’s house value is holding up. I’m using the above home as a proxy. My friend’s home is similar size to above active listing, and similar size. This is his home:

http://www.sdlookup.com/Property-3CFE84CC-3935_Del_Mar_Gln_San_Diego_CA_92130

HOWEVER, I think my friend’s home interior is more like this link below (so not nearly showing as well as the first link) and probably has no pool:

http://www.sdlookup.com/Pictures-080080438

My friend paid about $373/sq ft (including needed renovation costs)

It seems that area has held its value well into last year. Starting this year with the accelerating job layoffs hitting even the economic brackets of these homeowners, I think home values in these areas will start to take a hit.

[stockstradr]

Realtors who are knowledgeable on CV, your kind and valuable opinion please:

http://www.sdlookup.com/MLS-090004696-12166_Carmel_Park_San_Diego_Ca_92130

What do you think this active listing will likely sell for in this market?

I’m kinda curious how an ex-coworker’s house value is holding up. I’m using the above home as a proxy. My friend’s home is similar size to above active listing, and similar size. This is his home:

http://www.sdlookup.com/Property-3CFE84CC-3935_Del_Mar_Gln_San_Diego_CA_92130

HOWEVER, I think my friend’s home interior is more like this link below (so not nearly showing as well as the first link) and probably has no pool:

http://www.sdlookup.com/Pictures-080080438

My friend paid about $373/sq ft (including needed renovation costs)

It seems that area has held its value well into last year. Starting this year with the accelerating job layoffs hitting even the economic brackets of these homeowners, I think home values in these areas will start to take a hit.

[stockstradr]

Realtors who are knowledgeable on CV, your kind and valuable opinion please:

http://www.sdlookup.com/MLS-090004696-12166_Carmel_Park_San_Diego_Ca_92130

What do you think this active listing will likely sell for in this market?

I’m kinda curious how an ex-coworker’s house value is holding up. I’m using the above home as a proxy. My friend’s home is similar size to above active listing, and similar size. This is his home:

http://www.sdlookup.com/Property-3CFE84CC-3935_Del_Mar_Gln_San_Diego_CA_92130

HOWEVER, I think my friend’s home interior is more like this link below (so not nearly showing as well as the first link) and probably has no pool:

http://www.sdlookup.com/Pictures-080080438

My friend paid about $373/sq ft (including needed renovation costs)

It seems that area has held its value well into last year. Starting this year with the accelerating job layoffs hitting even the economic brackets of these homeowners, I think home values in these areas will start to take a hit.

[stockstradr]

Realtors who are knowledgeable on CV, your kind and valuable opinion please:

http://www.sdlookup.com/MLS-090004696-12166_Carmel_Park_San_Diego_Ca_92130

What do you think this active listing will likely sell for in this market?

I’m kinda curious how an ex-coworker’s house value is holding up. I’m using the above home as a proxy. My friend’s home is similar size to above active listing, and similar size. This is his home:

http://www.sdlookup.com/Property-3CFE84CC-3935_Del_Mar_Gln_San_Diego_CA_92130

HOWEVER, I think my friend’s home interior is more like this link below (so not nearly showing as well as the first link) and probably has no pool:

http://www.sdlookup.com/Pictures-080080438

My friend paid about $373/sq ft (including needed renovation costs)

It seems that area has held its value well into last year. Starting this year with the accelerating job layoffs hitting even the economic brackets of these homeowners, I think home values in these areas will start to take a hit.

[stockstradr]

As for making money on treasuries..

Told ya so. US treasuries peaked (yields bottomed) seven days after my initial post of this thread.

My first bet lost me a few percent. Later, I re-shorted with lots more money the ETF “TBT” when yields had climbed from 2.5% up to 2.7% on the 30-year.

That has been quite a money-maker for me.

I’ll bet either NOBODY or maybe one person out of all the members on this entire blog site managed to even make one thin dime on these easy-money bets:

1) long the 20+ year treasuries from mid-Nov to end of Dec (typical gain +30%, example TLT)

2) Short the 20+ year bonds from late Dec until now. (typical gain, so far, +12%, example TBT)

30-year long bond yield chart
10-yr treasury note yield chart
iShares Barclays 20+ Year Treas Bond
ProShares UltraShort Lehman Brothers 20+ Year U.S. Treasury index

[stockstradr]

As for making money on treasuries..

Told ya so. US treasuries peaked (yields bottomed) seven days after my initial post of this thread.

My first bet lost me a few percent. Later, I re-shorted with lots more money the ETF “TBT” when yields had climbed from 2.5% up to 2.7% on the 30-year.

That has been quite a money-maker for me.

I’ll bet either NOBODY or maybe one person out of all the members on this entire blog site managed to even make one thin dime on these easy-money bets:

1) long the 20+ year treasuries from mid-Nov to end of Dec (typical gain +30%, example TLT)

2) Short the 20+ year bonds from late Dec until now. (typical gain, so far, +12%, example TBT)

30-year long bond yield chart
10-yr treasury note yield chart
iShares Barclays 20+ Year Treas Bond
ProShares UltraShort Lehman Brothers 20+ Year U.S. Treasury index

[Author]

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