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potatohead

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potatohead last won the day on July 4 2018

potatohead had the most liked content!

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About potatohead

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    Professor of Stock Proctology
  1. After that speech, Cleveland Fed President Loretta Mester mentioned the following. No evidence that Fed's balance sheet is behind market swings: Mester https://www.reuters.com/article/us-usa-fed-mester-balancesheet/no-evidence-that-feds-balance-sheet-is-behind-market-swings-mester-idUSKCN1Q203Z
  2. retail investor continues to not believe the rally. This is the best thing that could happen for gold on a contraian basis. Climbing the wall of worry. Many long term bulls continue to call for larger pullbacks ever since the summer selloff. Amount of gold ounces bought last year were equivalent to the low in 2000.
  3. The modern day version of "let them eat cake"....... Wilbur Ross says he doesn't understand why federal workers are turning to food banks in shutdown https://www.yahoo.com/news/wilbur-ross-says-doesnt-understand-federal-workers-turning-food-banks-shutdown-154529250.html Ross, whose net worth in 2016 was estimated to be $2.9 billion, said those workers should seek loans because “the banks and the credit unions should be making credit available to them.”
  4. I wonder, did the mother have Penyz envy?
  5. Prison for Kudlow would be gong back to CNBC
  6. interesting article. The retail crowd is no where to be seen in the metals market. Billionaire Sam Zell Buys Gold for First Time in Bet on Tight Supply https://finance.yahoo.com/news/billionaire-sam-zell-buys-gold-180902644.html
  7. So much for Utility stocks being a safehaven…..
  8. Being from Idaho......for some reason this came to mind.
  9. Would like to wish everyone here a healthy and happy New Year. Really appreciate Lee's work, analysis, and commentary. Not to mention I find many of his comments entertaining and colorful as well. Being in the financial business since 1992, I certainly can relate to his candor.
  10. Since Republic Metals filed bankruptcy in November, Silver bars and rounds have seen much tighter supply. The remaining brand name refiners are at least 2-3 weeks out for delivery. Premiums have also been rising since November
  11. Actually margin clerks will determine that one....If they were Santa's helpers....they would be handing out coal by the truck load
  12. 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.”
  13. 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.
  14. 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.

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