Comments on: WHY COMSTOCK REMAINS BEARISH

By: Doug Terpstra

Doug Terpstra — Sat, 19 Dec 2009 01:11:53 +0000

So basically, we’re screwed or at least most of us not attached to the public teat. Declines in value, 30-50% across the board here and abroad, coinciding with double digit declines in spending, are scary enough. But what about side wagers and dark pools of overleveraged bets? They must be multiples of ‘actual’ values, hence losses multipied beyond ‘reality’—tens of trillions, hundreds of trillions, a quadrillion or two? No wonder the Fed is terrified of an audit and is simply shoveling inked toilet paper into bankster vaults and hedgehog dens.

By: TPC

TPC — Fri, 18 Dec 2009 21:06:20 +0000

That’s very kind of you. Have a good one. We’ll chat again next week.

By: prescient11

prescient11 — Fri, 18 Dec 2009 20:42:52 +0000

No worries, just wanted to draw it to your attention and let you know that sometimes you have a tendency to do that.

In other words, I always look at this website and look forward when you put up original content like “I think I think”. Those are must reads. I just remember getting disappointed several times when I open it up and it’s a link to somebody else’s work.

Nothing but a compliment to you friend. Have a good weekend.

By: TPC

TPC — Fri, 18 Dec 2009 19:11:40 +0000

Stupid mistake on my part. I changed the title to what it should have been originally. Sorry everybody. No intention to mislead.

By: prescient11

prescient11 — Fri, 18 Dec 2009 18:13:31 +0000

TPC, just throwing this out there, but I think you’ve got to add some type of a disclaimer on these posts such as they are coming from Comstock. When I saw the headline, I thought this was your analysis, which I respect GREATLY, and thus was excited to read what you had to say.

Good info overall, but it was not the analysis of the master. You like that FedEx sandbag buddy, SNP’s will see 1200 I think before all is said and done. Peace.

By: TPC

TPC — Fri, 18 Dec 2009 17:22:17 +0000

Perhaps I should have changed the original title. Please keep in mind this is a GUEST contribution from Comstock….

By: TPC

TPC — Fri, 18 Dec 2009 17:20:54 +0000

I think we’re going into year-end sideways. As of now I don’t see how we won’t rally into Q1 earnings. It’s looking like another positive quarter.

By: boatman

boatman — Fri, 18 Dec 2009 12:47:45 +0000

ahhh yes,……makes me feel better about my gold position.actually going to put this on archaic paper……a copy under my pillow….

nice to get jerked back to reality on this rainy morning.

i was almost starting to pay too much attention to the sunshine pumping stock brockers on CNBC and BLOOMBERG with the toothy grins….like that guy in that white house…..

the same people that in the recent past would have me remortgage my paid off house and buy their mutuals…….

By: Brad Feasel

Brad Feasel — Fri, 18 Dec 2009 11:41:22 +0000

You didn’t say anything about inflation? We all know that’s the biggest force facing us with the money printing, not sure if you’ve seen the EXPONENTIAL increase in the money supply lately

By: Octopus

Octopus — Fri, 18 Dec 2009 11:30:45 +0000

TPC, I share all these thoughts. Did you change your attitude vs. the mkt short term (i.e. do you still think it’s too risky to be short eqty?)