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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. Lee, Read the following article from the IMF. Wondering what your thoughts are on this idea. Put chills down my spine. Feels like the walls are continually closing in for savers. Cashing In: How to Make Negative Interest Rates Work
  2. great article. One question, China's central bank has become a bigger player of money printing and balance sheet expansion. Why wouldn't you group them in with the other three Musketeers (FED, ECB, BOJ). Could PBOC be the next fourth Musketeer, d'Artagnan?
  3. I learned very early in my career, can not go broke by taking a profit. However, "trader's remorse" is another story.
  4. Didn't you mean "astrologers". Astronomy implies these people actually have intelligence and common sense.
  5. 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
  6. 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.
  7. 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.”
  8. 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
  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
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