patrick.net

AAPL

Short Netflixs and GroupOn and buy a house in Cupertino for 400K in 2013. Then after 2014 short Apple to death and watch it collapse before your eyes. Once you are up to millions then start buying up the distressed homes in the BA and retire as a genius and a BA icon. How the hell did you predict all them events to that degree of accuracy. Incredible.

tdeloco says

That's very good news for our exports.

tdeloco says

2) Balance of Trade (surplus vs deficit)

Is your proposition that by devaluing the dollar, we are going to narrow the trade deficit?

I'm not so sure.

Please consider:
http://fofoa.blogspot.com/2011/11/moneyness.html

The USG had endured 30 years of foreign-supported trade deficit and developed an addiction to free stuff. To make matters worse, much of its productive capacity had been shipped overseas during this time period. The US private sector could not possibly support the USG’s addiction to real goods.

The nation’s productive capacity was not even sufficient to satisfy domestic demand, much less to support USG demand. Government knew that it was not only economically impossible but also politically impossible to impose taxes at a sufficient level to move resources to the public sector to satisfy the USG’s insatiable addiction. So instead, it relied on deficit spending through raw base money creation. This meant government competed with global demand for a limited supply of importable goods—driving prices up. At the same time, the US private sector had to pay the same higher prices without the benefit of issuing its own currency to buy needed imports. Rising import prices forced the US economy to consume more of its own domestic goods, which increased USG’s reliance on imports, and since foreign imports cost more in terms of the domestic currency, this increased the cost of the USG’s addiction in terms of domestic currency.

tdeloco says

Basically, China is diversifying away from its $3.2T Reserves.

Saw this link today related to this diversification.

“If your Congress passes a bill labelling us as currency manipulators, we will crush you. And because we find your government rather difficult to deal with, please convey that message on our behalf.”

Thanks uomo_senza_nome.

uomo_senza_nome says

Is your proposition that by devaluing the dollar, we are going to narrow the trade deficit?

Competitive devaluation is just one of the factors. The other is production efficiency (comparative advantage). At this point in time, I can't imagine what we can offer that the rest of the world cannot (in the required quantities).

uomo_senza_nome says

If your Congress passes a bill labeling us as currency manipulators, we will crush you

I give up. "If you can't beat 'em, join 'em". I'm gonna start studying Chinese, ha ha.

uomo_senza_nome says

http://fofoa.blogspot.com/2011/11/moneyness.html

That's odd. I've always thought USG was intertwined with a good chunk of the US private sector. One example: big private corporations that research/manufacture for the military. The article is saying is that they're pretty much competing.

You're right. Should be focusing on ROK.

Dividends: $0.43 total per share for the past 3 quarters (paid out quarterly).
P/E: 16.05
Forward PE: 13.51

They're a global provider of industrial automation. Competitors: ABB, EMR, SI. SI (Siemens) is more focused on electronics and electrical engineering. I'd say it's a value stock with good growth potential.