Alan von Altendorf

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264 Comments

    • Tue Dec 2nd 10:19 AM
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      Ivanhoe Mines is a Bargain, But...
      Out again at $2.27. I think we need a signed deal with Mongolian govt for IVN to rally. My other concern is Rio Tinto and copper price.
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    • Tue Dec 2nd 05:55 AM
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      Ivanhoe Mines is a Bargain, But...
      Dow Jones reported that Oyu Tolgoi, copper-gold joint venture between Ivanhoe Mines, Ltd. and Rio Tinto Limited in Mongolia, has cut about 250 jobs, representing around 40% of its staff because of the global financial crisis and collapse in metal prices.
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    • Mon Dec 1st 18:51 PM
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      Investment Ideas for an Inflationary Environment
      Re PBR (via Dow Jones this morning):

      "I want to vehemently deny the insinuations that we are in a financial crisis. What is important to make clear is that Petrobras is not in any cash-flow crisis," CEO Gabrielli said.

      Oh good. Always positive when something is vehemently denied.
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    • Mon Dec 1st 11:42 AM
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      Ivanhoe Mines is a Bargain, But...
      Lora, maybe so. I watched it climb a notch, said ho-hum. But a funny thing happened this morning. Ivanhoe slid less than GLD. Decided to buy again at $2.22.
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    • Wed Nov 26th 08:08 AM
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      What Obama Needs to Know about Tim Geithner, the AIG Fiasco and Citigroup
      Great writer, great info. Thank you.
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    • Tue Nov 25th 09:48 AM
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      Ivanhoe Mines is a Bargain, But...
      Right or wrong I sold the last of my IVN shares this morning.
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    • Thu Nov 20th 08:53 AM
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      Futures, which earlier rose on news of Prince Alwaleed's increased Citigroup (C) stake, dive on worse-than-expected jobless number. Dow -1.35% to 7920. S&P -1.66% to 799. Nasdaq -1.5% to 1076.
      9920 ??
      7920 ??
      View news story »
    • Thu Nov 20th 03:54 AM
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      Fed Watch: Policy Totally Adrift; Be Afraid, Be Very Afraid
      "they started with a determination to throw money at the financial industry, and everything else is just an excuse"

      Of course. TARP without buying troubled assets. Pretty funny, as in 100% transparently fraud. Who got the money? A few friends in high places. Did it kickstart lending and velocity? No.

      I don't think it matters who replaces Mr. Bernanke.
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    • Tue Nov 18th 08:36 AM
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      Why Gold Will Decline More than the Markets
      Didn't look back far enough, to 1934, when FDR devalued the dollar vs gold. Bernanke is actively considering it. See today's FT Alphaville for current info and Bernanke's published comments on devaluation:
      ftalphaville.ft.com/bl.../ on devaluation.
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    • Tue Nov 18th 07:09 AM
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      Rating: +3 -4
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      General Electric: Genuine Risk of Collapse?
      Excellent work. Thank you. Got me thinking.
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    • Mon Nov 17th 14:06 PM
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      Commented on:
      Ivanhoe Mines is a Bargain, But...
      Thank you for catching the error. Rio Tinto RTP backed Ivanhoe.
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    • Mon Nov 17th 09:28 AM
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      Ivanhoe Mines is a Bargain, But...
      MineWeb has picked up the story about Ivanhoe threatening to cut spending at its Mongolia mineshafts, roadbuilding, etc: "Vancouver's Ivanhoe Mines has threatened to cut pre-construction spending and 'act decisively' to curtail further spending on the Oyu Tolgoi complex 'if sufficient progress is not made toward the timely conclusion of an investment agreement with the Mongolian Government'."

      www.mineweb.net/minewe...
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    • Mon Nov 17th 06:37 AM
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      Buffett Increases Stake in COP - Smart Move!
      Can't comment on Conoco, client confidentiality. Always appreciate reading your articles, Fitz. Any thoughts on Lukoil political risk?
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    • Mon Nov 17th 06:15 AM
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      Rating: +1 -1
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      Will Obama's Economic Policies Drag the U.S. Down?
      I appreciated your insight on the yield curve, especially Wicksell's theory. It is inexplicable to me why Paulson and Bernanke blew $2 trillion, except fear of change. Your remark about Peron made sense. Eager for change, no one asked Obama to explain what he would change to into what.
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    • Sat Nov 8th 03:10 AM
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      The One-Word Topic of the Day, and Week: Obama
      "Obama broke no real news but gave a steady and sober performance."

      Lather, rinse, repeat. Calms uncertainty, panic, itchy scandal and FOIA. Suitable for the whole family. Do not swallow.
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