India Fund, Inc. (IFN)

All Comments on IFN

  • commenter
    buckmaker
    Oct 07 11:48 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Some of you are not wearing your thinking caps. Truly the Fed is flooding the market with paper. That is why the dollar will tank not the opposite. The only reason it is seeing temporary strength is the mass exodus of commercial paper and repatriation by scared homies that still believe that the US is the wealthiest nation and that stocks always go up. The markets are experiencing their balancing act between fear and greed. The problem is that the WTO aka Trilateral Commission won't let it work against the big boys. It's do as we say, not as we do. FAX and FXA look to be great buys here. I might just buy more. Reply
  • commenter
    syndicat
    Oct 07 08:05 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    If you want to think about what could make the nightmare worse, watch the relationship between the ETFs and their net asset value. For instance if you start to see the SPY trade consistantly below its NAV (SXV), you will know disaster is coming.

    I sold all my SPY, MDY and QQQQ yesterday and replaced them with an equal dollar amount to approximate the same S&P industry weightings.

    Sounds crazy? My brokers are telling me that customers are afraid of
    FDIC insured bank deposit sweeps and are buying Treasury Bills at a much lower yield.     Reply
  • commenter
    mr.g
    Oct 07 06:40 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    there wont be capitulation for all those waiting for one - the fed and the treasury can literally inject 100 billion into seven banks if it like right now or 1 billion to 700 banks and can get more money if they want - this isnt the 1930's where they have to find more gold to back their dollars it is fiat currency and can literally be printed out of thin air (there is an unlimited supply ) - all the CB's around the world will be forced to do the same so- the dollar wont crash - In the last 2 weeks alone (before the new 900 billion auction and the bailout) has been printing at 200% increase - the assets or credit derivatives will be so diluted by the amount of dollars flowing they will just an a small expense rather than an insurmountable problem that you see today - this crises will be drowned in a dollar or whatever currency your central bank happen to print -with maybe the exception being iceland Reply
  • commenter
    ericinNE
    Oct 07 04:57 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    royial: Not to be facetious, but, Duuhh! ;-)
    Wonder if I'll pick the right reentry point for EEV, EFU, SDS, QID, SRS, SKF. Sold today in anticipation of typical big dip - follow up rally. Looking forward to recouping some losses between now and election day.     Reply
  • commenter
    Nikola
    Oct 07 04:49 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Royial, yes, that is exactly what Dave means, and he is not the only one who holds that opinion.

    But, seems like to me, Dave has capitulated. He thinks the world has ended. Even an upturn is not gonna be a real upturn.

    Hm.... and he is not the only one.


     Reply
  • commenter
    royial
    Oct 07 03:39 AM
    Tuesday Outlook: Commodities, Emerging Markets [view article]
    Hi,

    First of all - thanks for your great article and graphs.
    I have a question regarding the section "Who was buying? That squeeze may have been the opening act of your tax dollars at work. Nothing would surprise me and generating short squeezes has been the government’s primary objective. Reverse Repos from the Fed have been running around $25 billion per day as the Fed “drains” reserves from the system.".
    What do you mean by this? that someone involved in the market and buy stocks at the last hour to prevent another black monday day?

    Thanks.     Reply
  • commenter
    X-15
    Oct 05 01:02 PM
    Global Liquidity Crisis: What Now? [view article]
    Iran -Israel war. The weird thing there is it would bolster the dollar. Reply
  • commenter
    nevket240
    Oct 04 11:32 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    China has, as we know, enormous finacial reserves to put into play to keep their restless minions employed. They will continue to suck in whatever commodities they can afford. Either keep the minions happy or have their throats cut. literally. Other Asian nations are in the same boat.
    The US will inflate by Infrastucture spending. the US minions are too far under to borrow so printing is useless.
    Sth America, now nearly as Socialist as the US, will do the same as China. They will go the economic war path against the US and store commodities for their own use forcing a bankrupt US to raise the bid.
    Now, go read your own tea-leaves.
    regards
    Reply
  • commenter
    johnthebear
    Oct 04 11:32 PM
    Global Liquidity Crisis: What Now? [view article]
    The problem with your analysis as I see it, is that you have not factored in the major correction coming in commercial real estate, world wide. Regional and local Banks will be failing with 60% of their loans in commercial real estate.

    Capitalization rates were two low, based on expected appreciation and low interest rates. They will begin to rise with the interest rates and added risk premium due to rising vacancy. Prices of commercial real estate will be falling, as will industrial property with rising unemployment.

    This means, that while residential property values may bottom in 2010, there will be a longer delay before commercial real estate will show signs of recovery. New construction might be expected in a more normal recession sponsored by government, but with lower property taxes and failing state governments (CA and NY etc) there is no source of wealth to back up the economy. Then if you really want to get depressed, what will happen as social security tax revenues fall and the system breaks down sooner than expected?

    A long bitter road is ahead, better tread carefully.

    Might be a that WW III will be needed to end the mess. This could all happen much sooner than you expect. What happens if there is an Iran-Israel war between the time of the election and inaguration? Get right with GOD?     Reply
  • commenter
    bhakta
    Oct 04 11:16 PM
    My Website
    Friday Outlook: Commodities, Emerging Markets [view article]
    I sent my absentee ballot in already and voted for Green or Libertarian and for only my Democrat Congressman Mr. Earl Blumenaurer who has consistently voted against the wars, against the bail outs, etc. My own gut sense is we are in for a very long and deep depression situation, and there is no government or combination of governments that can prevent this from happening. The lows we see now, will look high in another six months as more businesses fail, jobs become scarce worldwide, and trade slows. Reply
  • commenter
    nevket240
    Oct 04 09:46 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Everyone forgets the HUGE amount of panic deleveraging taking place. margin calls must be keeping the Telcos profitable.
    What is going to happen in 6-12 months?? Collapsing employment means Govt spending on Infrastructure. HUGE amounts are required. The commodities are not going to be down for long!!
    The BULL RAGES ......
    regards     Reply
  • commenter
    Marc
    Courtenay
    Oct 04 08:51 PM
    My Website
    Global Liquidity Crisis: What Now? [view article]
    What's your opinion on short-term deflation as a result of an imploding economy already in recession? I want to believe you are right about commodities if there is a concerted worldwide effort by central banks to lower interest rates and add lots of liquidity. Thanks for your article. May all this lead to a more civilized world with less corruption...I know...I'm dreaming again. Reply
  • commenter
    David Fry
    Oct 04 08:08 AM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Good points YR Dog. Thanks everyone. Reply
  • commenter
    YR Dog
    Oct 03 08:29 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    I have read another reason for the strong dollar. This comes from Chuck Butler from Everbank who writes a daily blog called "The Daily Pfennig"

    "One of the things we've learned this week is that the European banks are not getting to go Ollie, Ollie Oxen Free, on the holding of toxic waste debt... And since they are U.S. issued mortgage bonds, the trader that called tells me that they need to have capital reserved in U.S. dollars. Well, usually, these banks use LIBOR for this funding... But with the credit crunch going on all over, LIBOR rates have gone through the roof. So... Looking for alternative means of raising capital, the European banks have turned to the euro / dollar swap market... Selling their euro reserves and buying dollars"

    The libor rate does not seem to be coming down any time soon, so Uncle Bucky could be strong for a while. Not good for all the foreign currency ETFs I hold.     Reply
  • commenter
    old fogey
    Oct 03 12:15 PM
    Friday Outlook: Commodities, Emerging Markets [view article]
    Mr. Fry, It is getting to be a case of looking forward to your annotated charts. Thank You Reply
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