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potatohead

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potatohead last won the day on July 4

potatohead had the most liked content!

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About potatohead

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    Professor of Stock Proctology
  1. This Republic Metals bankruptcy is a real problem. $174 million in assets and $265 in liabilities. $177 million in senior debt. Potential for a lot of fallout. [RMC] discovered a significant discrepancy in its inventory accounting as part of its preparation of 2017 year end financials and quarterly financials for the first quarter, 2018 … a final report that confirmed inventory discrepancies in the Debtors’ books and records.”
  2. I have a lot of respect for Harald. Very seasoned and has a lot of knowledge to offer on many important financial and political topics.
  3. strong jobs report showing in the month of October 250,000 jobs were added. Wall Street had expected an increase of about 195,000. Unemployment now at 3.7 percent and anal cysts claim that there are now more job openings than trained people to fill them. Only in America and only before the elections would this kind of over the top BS come out......3.7% unemployment? does anyone actually think this is a real number? Feels more like a debt binging party in the 11th hour.
  4. Treasury Sees 2018 Borrowing Needs Surging to $1.34 Trillion https://www.bloomberg.com/news/articles/2018-10-29/treasury-sees-2018-borrowing-needs-surging-to-1-34-trillion Wait till we have a recession.......that number will go to $2 Trillion
  5. Are we looking at funding and ability to finance deficit issues going forward for the US government? which could effect DOD spending?
  6. Whats the old saying, Once you go back you never go black?🙄
  7. gold and silver climbing a wall of worry......
  8. excellent presentation by Grant Williams. https://www.realvision.com/grant-william-keynote-speech
  9. Even Gartman Is Calling For A Bounce https://www.zerohedge.com/news/2018-10-24/even-gartman-calling-bounce
  10. I have to tell you all. Reading through these comments during the trading day is a lot of fun. From a outsiders perspective, one would think this is a support group for bi-polar or manic depressive people. 😀😯🙄
  11. excellent article. Paul Volcker, at 91, Sees ‘a Hell of a Mess in Every Direction’ https://www.nytimes.com/2018/10/23/business/dealbook/paul-volcker-federal-reserve.html
  12. I hear you. Its a fruitless exercise trying to help people understand how the markets work and its risks when were in a bull market. I now own one of the largest private vaults in North America. I think people are really underestimating counterparty and systemic risk. I try to educate people on these topics and it seems like no one really cares and believe nothing bad can happen.
  13. A good interview with David Brady. Been following him for some time and have a lot of respect. He also follows Lee Adler's analysis. https://www.tfmetalsreport.com/podcast/9273/thursday-conversation-david-brady

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