Ainsworth Lumber Co Ltd ANSBF

Where are you !

[whitewood]

A small drop and everyone is gone.. disappeared :-(

[estebancaballo]

not everyone....the huge QE in Japan should result in more investment in real estate in Japan which should be good news for ANS imho.....

[PAGODA5]

It could also end up having the YEN fall off a cliff in a downslide that the BOJ can't stop!  George Soros thinks it is dangerous given that Japan has been doing this is in lesser size for the past 20 years and has accumulated massive debt with no success.  

[PAGODA5]

It does have nice support at $3.85.  

[estebancaballo]

First of all I think it has been noted in various media that Soros is shorting the Yen so anything he says needs to be considered in that light....secondly the Japanese debt is mainly held by Japanese so it is not as dangerous as the debt situation in other countries where the debt is held largely by foreigners.....they owe a lot of money to themselves. This said yes this is

[PAGODA5]

Sequestration in the States kiboshed the jobs number.  I have no doubt about that.  I tend to agree with Jim Cramer on that one - Obama made a big deal of the cuts and next thing you know, businesses reeled in their hiring.  That is definietely what torpedoed the job figures.   Whether he is shorting the Yen or not, he makes a valid point.  The size and scale of the money

[estebancaballo]

Totally agree P! That is why I am long a bunch of gold stocks (and suffering :)). I think the short to medium term should be ok for Japan as they boost exports and increase employment at home....of course this will all end very badly, imho, as you cannot borrow your way out of a debt problem......the fact that they are doing that shows their desperation imho and shows that there may be things

[PAGODA5]

I wouldn't touch gold stocks yet.  As long as the money machine is printing on all cylinders, I am going to ride the wave.  I think gold will fall over the summer.  It will seem like things are improving but they really aren't.  I also believe the US federal reserve is purposely manipulating the gold etf market and until that stops, gold will stay flat to lower.  

[estebancaballo]

You may very well be entirely correct, P. My thesis is that gold will eventually head much higher due to all the QE going on worldwide....this could be delayed by CB's and the Fed messing with the markets and/or by a sense that 'all is well' and that the US economy is recovering........as for ANS, I think that the US housing market will continue to recover as people need a place

[PAGODA5]

We are agree on gold.  Gold will have its's day in the sun and it will be bright and profitable.   It is inevitable that inflation rears its ugly head when everyone is adding currency to the world economy.  There will be bubbles and plenty of them but eventually, inflation will be beast not even the fed can tame.   The US housing market is a conundrum.  There are

[PAGODA5]

  One of Wall Street's biggest money managers has called on the Federal Reserve to rein in its program of quantitative easing, saying its bond-buying tactics are a "large and dull hammer" that have distorted markets and risk stoking inflation. Rick Rieder, who oversees $763 billion in fixed income investments for BlackRock, spoke out as the Fed debates how long to persist