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potatohead

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potatohead last won the day on March 18

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About potatohead

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    Professor of Stock Proctology

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  1. I really appreciate your views and candor. Your brutal analysis is right to the point and needs to be heard. Here is my latest interview.
  2. From Bberg.... “The consumer has so much money they’re paying down their credit card loan -- which is good,” JPMorgan Chief Executive Officer Jamie Dimon said Wednesday. “So the consumers have $2 trillion more cash in their checking accounts than they had before Covid. That’s also true on the business side, where businesses took advantage of huge financing in the marketplace to raise a lot of cash.” This has to be the first recession in the history of mankind that everyone had more cash at the end of the recession than when it began. My god, not sure which part of the business cycle
  3. He certainly has an understanding of the banks. However, constantly quoting regulatory rules as a way of explaining market operations is truly not the same thing and becomes very confusing. This is where your analysis shines. It pokes through the BS correlates actual market conditions to why the Fed is doing what it does.
  4. Lee appreciate the comments. to gameblazer on twitter. I would like him to engage the conversation because his view is banks are in a great position and there is no liquidity concerns.
  5. So now that the banks are reducing loan loss reserves, everything is great again? Are people actually paying down debt or has the relief from the government only kicked the can down the road?
  6. Ah yes....the minor details. first..last....only..... Oy Vey!
  7. I have to say. The negative sentiment at the end of March could have been be cut with a knife. Very negative readings. And this is in front of an orgy of deficit spending that the US government is about to release. As you have said so well, the Fed is the buyer of last resort.
  8. Lee, Have you been following Ukraine? Is anyone in Europe seeing any concern over Ukraine? https://thehill.com/policy/defense/545842-top-us-military-officer-calls-russia-ukraine-over-concerning-troop-buildup Been watching videos of serious hardware being moved into the region from both sides.
  9. long story short....Most have been playing on paper. The leverage and leasing game is adding more ounces into the market to act like a sponge during rising times. The physical market is small compared to paper. I have to say that at least bitcoin not having a deep derivatives market, acts like a cleaner market compared to the metals. However, we are seeing deleveraging going on in the metals space. Physical is now being demanded. I am trying to educate people to the reality that physical metal provides versus the risk in everything else. The silver movement is having an impact. I think the end
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