Seeking Alpha

Interesting Times'  Instablog

Interesting Times
Send Message
I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
My blog:
Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! Chapter 63.......  128 comments
    May 15, 2014 8:22 PM

    I will be listing those that participate their blogs to expand the horizon for us. We will have the blogs already running. But we now will have a few more..

    What started out as a small group discussing anything related to investing has grown extremely educational over the last few years !!

    We have Authors, Financial Advisors, Seasoned investors, Experts in specific fields, and just the average Joe pitching in...

    Folks.. we are growing and posters like it. If you are new to investing then this site is for you.

    HERE IS THE LINK TO READING MATERIAL !!seekingalpha.com/instablog/5038891-inter...-material

    HERE IS THE LINK TO THE CONSPIRACY CHAPTER #2!

    http://seekingalpha.com/instablog/5038891-interesting-times/2075322-interesting-times-for-all-commodities-and-investments-the-conspiracy-2

    HERE IS THE LINK TO THE PORTFOLIO CHALLENGE!!

    https://docs.google.com/spreadsheet/ccc?key=0Ak_sJAJpK7J4dHg3TkpoQW9pWVpDWlk3c0FHM2VzbHc&usp=sharing#gid=0

    HERE ARE LINKS FROM OUR PARTICIAPANTS. THEY TAKE THE TIME TO WRITE THEM AND ARE VERY KNOWLEDGEABLE

    John Wilson...
    Two part blog on Healthcare: First installment,
    The Healthcare Fallacy. I will take a critical and challenging look at the system we refer to as "Healthcare. "Here is a sentence from it:

    The US "healthcare" system does nothing to prevent disease or create personal health. The primary emphasis is on treating symptoms without understanding what caused the symptoms in the first place.

    Join me in questioning the established order. http://seekingalpha.com/instablog/776251-john-wilson/2380302-the-healthcare-fallacy?source=kizur_seekingalpha

    ADAM GALAS......I'm running an interesting experiment of which is better long term, high yield/low dividend growth vs low yield/fast dividend growth. It's a long term, multi year project, covering 50 amazing companies and I'd like to invite your readers to take a look. Here is the Dividend Growth portfolio:

    seekingalpha.co...

    Found some amazing hidden gems in there. Most are small-mid cap, under followed, but for patient investors will crush the market.

    Then here's my high yield portfolio. I think you're readers will find it interesting. Yield is 8.8% and average dividend growth rate is 7.74% so still beating inflation.

    http://seekingalpha.co...

    OLD WARRIOR

    My Blog is about a method of maximizing yield above and beyond traditional "Buy and Hold" investing by using Market Makers hedging activities to ascertain the opinions of the people who have the most up-to-date information, and the deepest pockets; and need to use it to protect their 7 figure salaries. With the information gleaned, the active investor learns a new way of investing, that of building your own "ETF", and looking at it as a whole rather than at individual stocks. Disciplined investing that involves precise sell Price and Time Targets. This is a demonstration of the available Tools for the active investor. seekingalpha.com/instablog/1723621-oldwa...

    FOCAL POINT....Medical and overseas commentary.. a MUST look! His blogs have been around way longer then mine has. EVERYONE should take a peek and see how much information is supplied.

    http://seekingalpha.com/author/focalpoint-analytics/instablog

    Disclosure: I am long PSEC.

Back To Interesting Times' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (128)
Track new comments
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** Econ. Analyst $79,886.86 $179,886.86 79.89%
    ** 2nd ** JohnBinTN $16,954.80 $116,954.80 16.95%
    * 3rd * FearandGreed $15,699.82 $115,699.82 15.70%
    4th User7415481 $12,366.09 $112,366.09 12.37%
    5th ExtremeBanker $9,993.57 $109,993.57 9.99%
    6th CWinn $7,092.27 $107,092.27 7.09%
    7th CoinsK $6,337.98 $106,337.98 6.34%
    8th Rinascimento $6,319.66 $106,319.66 6.32%
    9th John Wilson $5,351.67 $105,351.67 5.35%
    10th tommyinexile $3,519.45 $103,519.45 3.52%

     

    OK, HOW LOW ARE WE GOING ??
    15 May, 08:24 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Analyst: Wal-Mart's problems are more than just the weather

     

    Wal-Mart's (WMT) problems are deeper than just the weather, Belus Capital's Brian Sozzi says, as WMT continues to have trouble getting people into the U.S. stores in non-holiday periods, which should alarm investors because the company has invested aggressively to lower prices on consumables.

     

    Sozzi says he's not buying the weather excuse, since WMT also forecast poor earnings for the current quarter, which is free from weather-related headaches; WMT's U.S. sales have been in a "structural decline," as evidenced by a fifth consecutive quarter of below-consensus guidance.

     

    While overall foot traffic and sales fell in Q1, there was one bright spot: WMT's Neighborhood Markets, whose stores average ~20% the size of a Supercenter and where sales rose 5%.
    15 May, 08:27 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    They were talking WMT on MSNBC when I dropped in to check markets, The guy was badmouthing WMT bigtime for not stocking shelves on weekends, the shortage of Checkers, etc. They are saying that Sam would be horrified at the appearance of their stores now.
    16 May, 12:18 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    OW,

     

    I think it's store specific (they have a lot of stores). The one we shop at is always fully stocked, clean, and the people who work there are great (very many of them have been there for as long as we've lived here - 7 years).

     

    The "bad" (WMT)'s I've been to have generally been in 'less desirable' neighborhoods. But that also applies to stores like Lowe's and Home Depot, too.

     

    Why that is is likely the result of a combination of more than a few factors...
    16 May, 12:47 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JBT

     

    You may be partially right. The (WMT) near me has half it's shelves empty most of the time. I specifically asked an employee why and they said they do not have enough employees to do it.

     

    I don't think I live in a less desirable area. HOWVER the one (WMT) that I believe is in that area was rat infested. They were eating food right from the bakery section at night !

     

    It was in our local papers and less then 2 weeks later it passed inspection?
    16 May, 12:52 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Sounds like an unmotivated store manager. The biggest draw for most retail management is the possibility of bonusing on performance metrics. They can be big and juicy in retail, if you hit your numbers.

     

    As for the rats - 2 weeks doesn't seem unreasonable if they got an exterminator in to deal with it. One of the (HD)'s I worked at had a rat problem (they would come inside and eat the bird seed). A couple of days after the Orkin guy came in, there were no more rats.

     

    If more people would take those stupid store surveys on their receipts, problems would be addressed much quicker. Those are taken very, very seriously. (Not kidding).
    16 May, 01:22 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Why is Tepper nervous,?
    15 May, 08:46 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Good Friday morning.I'm worried about tepper.I hope he knows it will probably be alright.
    16 May, 06:00 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » I THINK THIS ARTICLE SUMS IT UP THE BEST !

     

    http://bloom.bg/1gaYl5P
    16 May, 12:45 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT we need a systemic overhaul.
    16 May, 01:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » ARE ROUGH WATERS AHEAD ?

     

    http://seekingalpha.co...

     

    Appreciate comments from all !!
    16 May, 01:18 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    $17,466,359,022,192.19 public debt alone.
    Degradation in infrastructure.
    Spiraling health care cost.
    Energy cost.
    A directionless administration.
    nuff said.
    16 May, 01:27 PM Reply Like
  • WMARKW
    , contributor
    Comments (10251) | Send Message
     
    Al....that's the whole intent of this and all administrations (recent anyway) to bring the USA down from position of dominant economy and military power to "just another country in the community of countries" known as the NWO. The USA cannot have a position of economic and military dominance while the elitists wish to make all alike.
    22 May, 12:35 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Running a nation like your still in Sunday School and Church(nice thought) is going to drag us all to Hades.
    22 May, 12:43 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    We strive in life with the mechanisms we have evolved as a race and we done alright IT.
    16 May, 05:49 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Running debt up like that is just plain arrogant and like pigs.
    17 May, 07:50 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Sure theirs rough waters ahead what's the worse thing that can happen ? Good times are ahead too.
    18 May, 07:17 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (134) | Send Message
     
    Right now we are having a rally back to last Monday's highs for SPY & DJI. Then we will have bigger correction. Best deal in the money call options in Apple and get out before June 2.
    18 May, 11:25 AM Reply Like
  • John Wilson
    , contributor
    Comments (1093) | Send Message
     
    DR Ken

     

    Rally back to Monday's high'? Think there is good chance for new highs? And then a bigger correction? Sounds like something to watch carefully.
    18 May, 05:35 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Any one know what a 1909 VDB penny goes for now a days ?
    18 May, 02:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    About $600, for the S mint mark. Depends on grade. Regular 1909 vdb, about $5.00.
    18 May, 02:54 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    How bout steel Korean war era & WWII hey thank you john,had more high quality silver OZ. than i though real old stamps too,a lot of silver foreign.
    Still not the same as a Divvy with long term share appreciation.Looks like the Real strengthened to the dollar.
    18 May, 03:00 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    The steel pennies are not much more than common wheat cents. Under $1.00/each, I'm sure. I have like 5 rolls of them.
    18 May, 03:04 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Like to see ya have 5 rolls of ui ! tks ! As always JBT invaluable.
    18 May, 03:09 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    And don't forget the 1909 S (No VDB). It's in the $100.oo range in circulated(worn) condition grade G-4

     

    That's about the grade the 1909S VDB is in @ about $600.00
    I just sold a 1909S Indian for $ 550.00 last week.That's just another valuable coin from the same year.
    18 May, 04:43 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Do much with foreign currency & Stamps.
    18 May, 04:45 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Buy my wheat pennies, Coins. ;)
    18 May, 04:51 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    Sure John, I pay $3.50 a pound :) if they are unsearched.
    18 May, 06:46 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Is that a common price @ coin stores? I might drag my collection to one, if so. Too heavy to ship economically - I would guess the box I have them in is 75-100 pounds.
    18 May, 06:56 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    Yes John ,anywhere from about 2 to 3 cents per wheat cent. There are about 150 in a pound (3 Rolls )

     

    BTW,That's Avoirdupois weight
    http://bit.ly/QXCGSS
    18 May, 07:05 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Thanks for my new word of the day. :)
    18 May, 07:19 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » 5 rolls that weigh 100 pounds?? Those are big rolls:)
    18 May, 11:17 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    150 coins in a pound IT. What part of that is confusing?
    19 May, 06:54 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Silly IT.... I have 5 rolls of steel wheat cents... The remainder of the weight is in the copper variety. :)
    19 May, 07:08 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Always carry a dollar in change and you'll never need to break a bill.
    19 May, 07:12 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » I was joking with JBT... Please read his comment..
    19 May, 01:21 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    How are you doing this afternoon.
    19 May, 01:36 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    OK .
    21 May, 08:16 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    That brightens up my day !
    21 May, 08:20 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    About the other thing every body and everything is hooked up,ng is stable and we are coming to another head.I hope the nets don't burst.
    18 May, 03:40 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Also posted on the portfolio blog:

     

    I am testing out the MarketWatch virtual portfolio simulation for challenge #2. If anyone would like to help test it out to see if it will work for us, I'd appreciate it. The link is:

     

    http://on.mktw.net/QXi2Cj

     

    Password: winner

     

    I think you need a MW account. For those who it bothers, your real name might be displayed along with your portfolio, so you might have to set up an anonymous account to play.

     

    Thanks in advance for helping to test it out.
    18 May, 05:03 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    I'll not be able to help anytime soon. My wife had a stroke on Friday. She should be home from the hospital Tuesday or Wed, but will require much care. Maybe in a month or 2....
    18 May, 05:28 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Sorry to hear that. I hope it was of the minor variety. Either way, best of luck to you and her.
    18 May, 05:35 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Just stick with us guys just hang out.With a stroke got to keep moving,it comes back somewhat even better.
    18 May, 06:44 PM Reply Like
  • WMARKW
    , contributor
    Comments (10251) | Send Message
     
    OW - best to you wife.
    22 May, 12:37 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    Hope she gets better soon OW !
    18 May, 06:48 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    Showed considerable improvement early today, but as the day wears on she gets tired and deteriorates some. Minimal physical damage, but considerable memory loss.
    Looking better overall, they will test her ability to swallow tomorrow, and determine if she needs Carotid surgery.
    Can't do MRI due to severe claustrophobia (she was in a fire as a child).
    18 May, 07:17 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » OW

     

    My prayers are with you. Please keep us updated..
    18 May, 07:42 PM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    OW

     

    Sounds like it could have been worse. Best wishes to both of you.
    18 May, 08:22 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » So I guess we will see another week of rocking back and forth ?

     

    JBT....You buy the Redbook annually :) You silent stacker !!
    18 May, 11:14 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Yes. I stacked the pennies back in the day. ;)
    18 May, 11:19 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    It's getting rough.
    19 May, 02:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » IS THIS GOOD OR BAD ?

     

    With borrowing costs about the lowest on record, and investors lending first and asking questions later, corporate finance officers are busy taking out loans. "My treasurer tells me always borrow when you can, not when you have to," says Shell CFO Simon Henry. "There are huge liquid pools at whatever tenor we need ... There's more capital out there than we can consume."

     

    The average yield on corporate debt has fallen 61 basis points this year to 4.4%, nearing last year's pre-bond bear market low of 4.1%.

     

    “The market is pretty hot,” says George Dessing, treasurer of Dutch business-to-business publisher Wolters Kluwer NV which raised 10-year money this month. “We have a preference for longer maturity and especially right now at these low costs it was a no-brainer.”
    20 May, 12:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Looks like Bonds are the place to be...Deflation ????
    20 May, 04:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » FOMC minutes: Early returns point to spring rebound in economy......chuckle...

     

    The Fed is examining "several approaches" for tightening monetary policy, but made no decisions on how to proceed, according to the minutes of the FOMC meeting in late April.

     

    Meeting participants blamed the weather on the "sharp slowdown" in the economy in Q1, but recent indications point to a rebound. "Most participants" took note of the continuing weakness in housing.

     

    On inflation, most expect the rate to return to the 2% target within a few years, but a number expressed concern the return to 2% could be "even more gradual."

     

    WHERE DID EVERYONE GO ???

     

    I know JBT is counting his physical metals but the others ??
    21 May, 03:34 PM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    IT,

     

    WHERE DID YOU GO???

     

    Seriously. You basically disappeared for a week or something.
    21 May, 04:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » USER

     

    I have been working my officiating schedule, which because of the early spring wet weather has caused the high schools to play double headers.

     

    Additionally I am the Treasurer of our condo association and caught some , let's say irregularities ??

     

    So I have been meeting with the auditor, lawyers, and the board for many hours..

     

    Hopefully next week I can back to a regular schedule. The playoffs start after Memorial day , and they are single games...

     

    Now we need to get the gang back !!
    21 May, 08:27 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Today was rough.Good evening.
    21 May, 08:32 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Evening Al...
    21 May, 09:30 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    The Russian China deal is a problem,sob's really want blood.At least they finally got it the dollar is mightier than the Sword,nothing like getting hit in the wallet.
    21 May, 09:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Well see how long those two stay pals..

     

    My guess ,,,,not too long.
    21 May, 10:01 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Those Brothers do have a History.
    21 May, 10:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Well if they succeed in staying friends then I would keep an eye on gold.

     

    It might break out to the upside if the dollar starts to become a non necessity to buy oil..

     

    The ole petrodollar >>.
    21 May, 10:08 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT These Bothers have us in a Pincer.Coming from an ex Soviet background I still fear them.
    21 May, 10:24 PM Reply Like
  • CoinsK
    , contributor
    Comments (2743) | Send Message
     
    JBT is counting pennies . You screwed up the simple timesaving formula I gave him :)
    21 May, 03:41 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    So how much does 50 pennies weigh in grams? I need to get a scales rather than roll up a 5th of pennies. I'll let the Bank roll them, I'll just carry the bag in, hanging from the back of my Wheel-Chair.
    Wife has been discharged to an inpatient Rehab hospital. Minimal rt leg weakness, significant Rt arm issues (but she is a converted "Lefty" so writing left-handed will come back fast). Very significant verbal issues. She knows things; but the link between the Hard Drive and the Output device is hosed. Speech is pretty clear, can answer "Multiple Choice" questions, but sh can only answer most questions if given choices of the correct answers. Cannot tell you the year, but if asked if it's 2013 "no", 2014 "yes" .
    I believe therapy will reconnect most of the wiring eventually.
    Thanks all for your concern. Right now, I'm awaiting VA to get me a caregiver, as I am 100% Combat Disabled, and now my wife/caregiver is sidelined. Presumably the VA will step up just as if I had no caregiver at all.
    21 May, 07:21 PM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    OW,

     

    Granddad had a stroke in the mid/late 90's. He lived out in the country and at the time they had no 911 service. Myself and mother drove out there in the rain after grandma called up and told us "he fell down". Grandma was a bit freaked out herself, so I can't blame her.

     

    So maybe thirty minutes to get there. Thirty minutes for an ambulance to show up even though I flipped the bird to a sheriff whilst freaking out in the driveway. Who briefly slowed down, probably wondering why some 19 year old was flipping them the bird, but then drove off. (In retrospect, it's not like they could have did anything)

     

    During all of that? I don't know how long it was. Let's say it was less than 30 minutes for an ambulance to show up. I don't remember because I was freaking out.

     

    Blah, blah. Granddad lived for two more years. He would get better and then would have another stroke. I am not sure if grandma gave him the coumadin or whatever they put him on correctly. I would visit one week and then when I visited the next week he would be in worse shape.

     

    I deal with a more bizaare group of patients than what a med-surg floor would deal with. Not to say I'm better or deal with more complicated cases. I've had two people that had strokes right in front of me. One collapsed and banged her head on the hardwood floor - I was informed the next day that the clot was loosened by the impact and she died from a brain bleed.

     

    I suppose this might be cathartic for me, but on reviewing what I wrote, it's really not.

     

    Please take care of your wife. And take care of yourself.
    21 May, 07:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » COINS

     

    He isn't fooling anyone. Not only can he pick stocks rumor has it he is nicknamed the Southern Stacker !!!
    21 May, 08:28 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » OW

     

    Thanks for the update. You know you have friends here if you ever need to vent.

     

    Godspeed...
    21 May, 09:32 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » SO WHY DO THE MARKETS REACT TO THE FEDS COMMENTS? I DON'T GET IT ...
    22 May, 06:22 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » WHAT A JOKE..

     

    Fed to allow Credit Suisse to remain a primary dealer !!!!

     

    The Swiss lender will be able to continue to serve as a counterparty to the Federal Reserve after pleading guilty to tax evasion earlier this year, says the FRBNY.

     

    A New York Fed spokesman noted Credit Suisse's (CS) criminal activities didn't involve its broker-dealer business, and the bank has taken steps to address compliance issues. What he didn't note was that the Fed got a piece of the $2.6B settlement, receiving $100M.

     

    Credit Suisse being allowed to keep its primary dealer status is another sign the criminal plea was for "showin', not blowin'."
    22 May, 08:11 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    If it is a Joke it's on yours truly.
    22 May, 08:20 AM Reply Like
  • indianamark
    , contributor
    Comments (2025) | Send Message
     
    A year after Germany asked for their 1,530 tons of gold and received 5 tons, the German media is telling us there is manipulation of the gold market. What a revelation.

     

    BaFin, their chief regulator, said the manipulation of the metals market is a greater scandal than LIBOR, and the largest holder of derivatives in the world, Deutsche Bank, prompty dropped out of the gold fix.

     

    Then last week came the news that after 117 years the silver fix would end 8/14/14. Deutsche Bank had dropped out of the silver fix in April but decided to stay on to help the two lame duck banks. The MSM didn't pick up on this. Another surprise.

     

    Does it seem like bank robbers fleeing the scene of a crime before the police arrive?

     

    But we shall continue as before and set the price of gold and silver by a private club of paper traders.
    22 May, 10:42 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Indian who long would it take one of us to notice 1530 tons of gold missing,I think before sunset.
    22 May, 10:46 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    In re: Germany... A fool and his gold are soon parted. ;)
    22 May, 11:39 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » INDIANA

     

    I wonder if the supposedly non manipulated silver and gold commodities will ever happen..
    23 May, 09:59 AM Reply Like
  • indianamark
    , contributor
    Comments (2025) | Send Message
     
    We may be seeing the cracks in the wall.

     

    Barclays admitted to placing 40,000 to 60,000 ounces of gold orders to break the price. One 2,000 contract sell order, on no news, as usual, took the price down almost $10.00. It took out the bid stack and halted the market for 20 seconds. (Those guys are good)

     

    Does that sound familiar? And some still say there is no manipulation.

     

    Anyway they blamed some patsy named Plunkett, who had already left Barclays two years ago.

     

    The man that fixed the gold price has also left Barclays. The end of the silver fix. Jill Summers, Bart Chilton, Gary Gensler and the chief enforcement officer have all left the CFTC.

     

    All these people getting out of Dodge together with J P Morgan's largest stash ever of physical silver seems to indicate the end may be in sight.
    23 May, 10:39 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » INDIANA

     

    I tend to agree , will be interesting to see what the real price of each levels out to be..
    23 May, 01:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » THE CRACK IS WIDENING !!!

     

    More on the Barclays gold-fixing fine

     

    Needing a "mini puke to $1,558 for fixing," Barclays trader (now ex-trader) Daniel Plunkett got it, nailing a bank client for $3.9M on a derivatives contract. Thus started the investigation into the bank's manipulation of the gold fix for which it was fined $44M today. The former trader also was handed down a fine and a banning from the industry.

     

    Plunkett's actions that in 2012 came only one day after Barclays was fined a £290M over Libor manipulation which eventually led to the exit of CEO Bob Diamond.

     

    Today's action brings further questions over the future of the decades-old gold fix. Deutsche has already resigned from the small group of lenders involved in the process.

     

    "If [the gold-fixing banks] want to continue to operate the fix in any way like they're doing they will need to be a lot more transparent about what's going on," says finance professor Brian Lucey.
    24 May, 05:15 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT it's about following the numbers respectively.
    Gold will avenge,it always has.On to the order of the day.
    25 May, 08:58 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    They want to drop then get as much as they can,around 1100 they will start to want to buy and try to get it to even 900,then gobble it all up on a holiday at 3:00am.
    25 May, 01:28 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Credits is due for long term financial strategies, thought out two years ago-even the overseer's could lose control and what a Bull rush that would be,but i doubt it.
    Syndication is exponential.
    That was the mistake JD made he was Teflon anyway he didn't have to keep bearing chest to Gov, "I Dear YOU !" Don't work long even for Teflon.
    IT we do need to see where Gov.,Corp, & Bank how to say one for all and all for one,believe me.
    Janet will keep this inflation in check.
    25 May, 01:39 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2376) | Send Message
     
    SITREP ALPHA, Thursday, May 22nd, 2014.

     

    Latest analysis shows that market will be moving one or more of three major directions, up down or sideways over the prognosticatable horizon.

     

    Meanwhile, earlybirds continue to enjoy their well deserved afternoon nap, and there are profits taken daily over at Jellystone Park.

     

    Here are some fresh links from the Daily Ragsheets.

     

    http://bit.ly/1toZUQb

     

    http://buswk.co/1toZWHT

     

    http://reut.rs/1toZWHV
    22 May, 11:49 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Out of the Blue.
    22 May, 11:53 AM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    I like the second article's graphic showing only Alabama is to drown. There is good news, though! Montgomery would finally be wiped from the face of the earth!
    22 May, 11:55 AM Reply Like
  • jhooper
    , contributor
    Comments (5343) | Send Message
     
    Interesting.

     

    One story telling us not to listen to doom and gloomers and then another story telling us to listent to doom and gloomers.
    22 May, 12:23 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Looks like it will make for some prime Alabama real estate... Doesn't look like it'll make it to Birmingham, though, which is too bad.
    22 May, 12:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JBT

     

    I know on the WSB link we were talking "gravy vs sauce". You placed a link for a great recipe. My wife said to use sugar to kill the acid from the tomato and a piece of pepperoni for the taste..

     

    I am sure most have no clue what we are talking about but you might want to try her secret !!
    23 May, 01:34 PM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    Hang tight! Please re-post. I use some balsamic vinegar when making a tomato sauce, but reflux can be a problem.
    23 May, 01:56 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    User,

     

    Here you go, if this is the repost you were requesting:

     

    http://bit.ly/1obmiwC

     

    IT,

     

    I like a like bit of tangy in my sauce, so I only use a little bit of sugar. Will try with the pepperoni next time. Italian meals are few and far between, because it's usually an all day adventure in the kitchen.
    23 May, 02:18 PM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    JBT,

     

    I am not sure if it's what IT alluded to, but I am reading it.

     

    What I know from driving a semi back in the day:

     

    Tomatos you buy in the store are crap. I drove a truck full of them from San Diego to an Indianapolis Kroger distributer around the turn of the century. That took a few days. I don't know how long they were sitting before I picked them up. I don't know how long they were in the warehouse before they got shipped to the stores.

     

    What I did learn is that these are the "low-juice" varieties that you find in your local supermarket because they last longer in storage. And that's why they are awful tasting.

     

    Now. Aside from having a garden to grow good tomatos (mine was ruined last summer by too many clouds and too much rain), what do you do when you want a good tomato sauce when it's not the season?

     

    Another thing I know is that the juicy tomatos are used in canning. Because that way they can keep.

     

    As good as fresh?

     

    No. But if it's January and you want some decent tomato sauce, you deal.

     

    This is something that evolved from what my mother gave me and probably from what her mother gave her.

     

    Two cans of tomatos. One can of paste. Mix. And then mix in your favorite seasonings. I happen to like red-pepper and garlic and oregano. I cook the meat in olive oil and drain and then add.

     

    A tablespoon or two of balsamic vinegar - should be enough to darken the sauce a bit.

     

    Veggies of preference. I also like to add one red onion that's chopped up because they're always tasty.

     

    Cook for thirty minutes to one hour.

     

    Okay. I do not buy canned sauce because I hate the sweet taste. As I've gotten older, I notice I'm more prone to reflux. So, one piece of pepperoni and a bit of sugar will neutralize the sugar and still taste nicely?
    23 May, 04:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » wife puts in 5 or 6 pieces about a 1/2 inch thick...Tablespoon of sugar...

     

    She makes great meatball to boot. (drooling right now )
    23 May, 04:51 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    User,

     

    On tomatoes, if we want fresh, some of the best tomatoes in the US come from Ripley, TN - not too far from us. There's usually roadside 'stands' (back of pickup trucks, etc.) that sell 'em fresh picked.

     

    I don't really measure when I cook - more of a taste as I go type... For a 5-qt saucepan, I'll add about half-handful of sugar. I've never used pepperoni in my sauce, so can't speak to that (I'll take IT's words on it, though).

     

    Over-ripe tomatoes will get acidic (leading to the 'tang' I like a bit of). Sugar will mellow it out (taste-wise), but I don't know if that neutralizes the acids so as to not cause reflux. I don't suffer from that, so I don't know what to do to avoid it.

     

    If you were to ever have dinner here, you'd probably need to take some Prevacid, or something. :)
    23 May, 05:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » JBT

     

    Fresh tomatoes are only around for a few months a year up here. Boy do I miss those juicy ones!!
    23 May, 05:15 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    They've been for sale for awhile now already, and are usually available into October. :) I'm hoping our tomatoes do better this year than they did last year... Last year was too wet., and we got a low yield.

     

    Finally got my corn seeds sowed yesterday. Five 20-foot rows of peaches & cream. :) Last year our corn was destroyed by wind storms. :( Hopefully planting later will avoid the volatile spring weather.
    23 May, 05:22 PM Reply Like
  • User 7415181
    , contributor
    Comments (566) | Send Message
     
    Argh! Not doing tomatos this year due to afforementioned weather issues, but now I want some as well.

     

    Have a good weekend!
    23 May, 06:15 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Futures flat as a pancake... Wither goes the 'morrow? I need some good days to close out the month green...
    22 May, 09:18 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Stick with the poles and wires that heads rolling around,besides SA says Utilities are good in bed.
    22 May, 09:20 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    Futures now up ~.1% Gold minimally down. Buy early, sell before noon.
    22 May, 10:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » You guys expecting much the day before a 3 day weekend ?
    22 May, 11:02 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    I predict flat to down a li'l.
    22 May, 11:03 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    expect big boys to lock box until tuesday,what do you think JBT,think we'll be millionaire's for 3 days ?
    ON PAPER!!!
    22 May, 11:43 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Thousandaires, at least. :)
    23 May, 07:15 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Sometimes especially on holidays i'm almost their.
    Good Morning Mr. Bin.
    23 May, 07:21 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » BDC SECTOR IS ON SALE !!!

     

    The selloff in BDCs is a buying opportunity, writes BDC reporter, noting the opportunity today to invest in a basket of BDCs (using BDCS as a proxy) at an 11% higher yield than just three months ago. The sector is yielding 43% more than high yield bonds (HYG) and nearly double floating rate loans (BKLN).

     

    The higher yield, of course, reflects market concern distributions are set to fall (and BKCC and MCGC cut in Q1), but for the sector as a whole, distributions have been fairly stable over the last three years.

     

    Further, a number of players are under-leveraged or in growth phase, and occasionally have realized gains which are paid out as special distributions.

     

    Keep this list around, says BDC Reporter, musing on those who may boost payouts over the next year: ACAS, ARCC, ACRE, ACSF, CPTA, FDUS, FSFR, FULL, HCAP, HTGC, MAIN, MVC, TAXI, PSEC, TCPC, TSLX

     

    Any opinions for the lurkers which ones to buy ? I am long (PSEC)...
    23 May, 09:58 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3585) | Send Message
     
    Happy to be wrong in my prediction. Today was a pretty good day.
    23 May, 03:58 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Big Boyz didn't lock box they conjured a Derivative to shake a 100 years of U.S high quality bonds now that golds a little flat on it's back.
    Thata boy get out the derivative sycle on mow um down!!
    24 May, 08:15 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Putin just became something.A melt up into corporate mergers when we all will be owning shares in only 10 Global companies.I think we're having another melt up...
    25 May, 07:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » Moring AL.

     

    I just posted on WSB an invitation for those to join us. Hopefully some will come aboard !!

     

    Have a great Holiday weekend all. I should be around to see if anyone gets bored or rained on to chat >>>>
    23 May, 09:01 AM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Looks like you have it covered.
    23 May, 10:04 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (134) | Send Message
     
    My blog has been changed
    http://bit.ly/1ibQaSd

     

    You will find it interesting
    23 May, 02:19 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (134) | Send Message
     
    If you bought call options on Apple that I recommended two weeks ago, take short term profits around $611

     

    You can buy it back next week hopefully on any market pull back
    23 May, 02:29 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    IT the people want something real go check it out.
    We all have gotten the living snot beaten out of us out here.
    23 May, 06:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » BDC'S ARE A GONER !!

     

    The May 15 deadline for the SEC to change BDC's fee-reporting standards has come and gone with no action, meaning the sector's stocks will be removed from Russell's indices on June 27. A tick higher in the struggling sector since May 15 suggests maybe investors have discounted the news.

     

    Looking for what to buy now, the team at Wells has put together an Adjusted Cash Flow Coverage metric. From Wells: "It is important for investors to discern which BDCs are overly reliant on fee income as a percentage of total revenues, which BDCs are not covering their dividend and which BDCs book meaningful non-cash income such as PIK."
    The sector adjusted cash flow coverage average is 81%.

     

    Among those coming in above: (GLAD), (HRZN), (TCAP), (TCPC), (HTGC), (GBDC), (ARCC). Among those below: (TPVG), (BKCC),(PNNT), (MCC),(FSC). Struggling the most of late, Prospect Capital (PSEC) is pretty close to the sector average at 79%.

     

    SO ANY RECOMMENDATIONS ???
    24 May, 01:51 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Have them move to Hawaii and move east with solar - storage unit's,sell before the big heel comes down.
    The money is going to move where the majority converge to keep ahead of cost and availability.
    Cash Flow 79%
    Dividend over 6%.
    24 May, 02:00 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Monopolies will swallow up competition and then make them pay.Corporate right syndicate.
    24 May, 03:28 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    Barc's got fined 44mil yesterday for avoiding payment on a gold deal.?
    24 May, 03:52 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » AL

     

    Read a comment I left above !!

     

    Libor, silver, and now gold ...What will happen is anyone's guess. I still think manipulation will continue..
    24 May, 05:16 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    The manipulation and "call's" are becoming obviously anti-social,where's are government,collecting fines.
    24 May, 05:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » WHAT IF THE FED IS JUST PLAIN WRONG ???

     

    http://aol.it/1p5AtUc

     

    Thoughts ??
    24 May, 05:49 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    How does one unwind these unprecedented policy depended on easy money and low rates ? You don't, and Putin and his detractors know this-Rates go up and every one of us are going to be tightening the belt.The mechanics of rates going up is staying ahead of INFLATIONBen's #1 worry.
    24 May, 07:38 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    On the Soviet Unions Tomb Stone it reads

     

    Went Bankrupt

     

    Idiots
    24 May, 07:56 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » I have to say I went into our Lowes yesterday and I have never seen it so crowded. Even the employees made a comment.

     

    Wonder what it means??
    25 May, 05:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » MEANWHILE BOOOMBERG HAS AN ARTICLE ABOUT THE MANIPULATION OF GOLD!!

     

    http://bv.ms/1r6RKhF

     

    Sounds like those in charge just don't care !!
    25 May, 05:37 PM Reply Like
  • al roman
    , contributor
    Comments (4613) | Send Message
     
    I think Putin has slapped my face off.
    25 May, 08:40 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2284) | Send Message
     
    From Zacks

     

    The Danger of Low VIX

     

    Last week, the VIX index reached its lowest level since before the eve of turmoil in 2007 that preceded the crash of ’08. Should we be cheering? Doesn’t this indicate that market participants view the S&P 500 as being less risky – or less volatile going forward? Doesn’t the low VIX level indicate that investors do not expect the S&P 500 to bounce around that much in the future?

     

    The answer is yes, that is exactly what the option markets are telling us. The problem is that what has historically happened is the opposite.

     

    You see if you track the VIX over time you find that the index is very definitely mean-reverting. Statistical analysis clearly shows the VIX follows a mean-reverting time series.

     

    So periods of low expected volatility are often followed by periods of high realized volatility and vice versa. Looking at the VIX over the past ten years, I see that when the VIX gets too low it often shoots up in the future. Similarly, when the VIX gets too high it often falls.

     

    My conclusion is that we are overdue for a spike like we saw in’08, ’10 , and ’11. It comes back to the belief that things have been too calm for too long in the equity markets. We are due for a spike in volatility which almost always accompanies selling in the market.

     

    Now, when the VIX is very high and fear is very high the correct course of action is of course to sell options as you are betting that the fear will subside, the VIX will fall, and option prices will decline in value.

     

    Similarly, when the VIX is at all time-lows the correct course of action is to buy options as the realized volatility of the stock index will likely be higher than the expected volatility. When the VIX gets low you bet that there will be a spike, when the VIX spikes, you bet it will return to normal.

     

    Where Are We Today?

     

    It now makes sense to be buying rather than selling options on stock indexes. The reason is that most likely the VIX and volatility is going to increase greater than current expectations. The fact that options on the S&P 500 are trading without a lot of implied volatility indicates to me it is time to become somewhat defensive in terms of positioning.
    (the next paragraph is pure BS)
    Now is not the time to be chasing high-beta stocks. It is better to be buying Wal-Mart( WMT
    ) than Facebook(FB) as Wal-Mart is going to hold up much better when volatility spikes than Facebook. As I have always said I do not believe in market timing. It is a fool’s game that results in underperformance. You may time the market correctly one or two times but over long periods you underperform the indexes.

     

    (I consistantly outperform the indexes, not so much by "Market Timing"; but rather by buying well chosen stocks, and Wal-Mart is NOT one.)

     

    It is important to recognize that the VIX can be low and remain low for several years. Yes, we know that a spike in volatility will eventually happen but it the timing is not clear. We don’t know when the spike will occur or how long it will last. For this reason, I do not think that equity allocations should be changed based on the low VIX reading.

     

    In the long run, it is a fact that the more you allocate to equities the better your returns. The key is to stay constant in terms of equity exposure over long periods of time.

     

    Individuals who were 70% in equities and 30% in fixed income prior to the ’08 crash and maintained that exposure did fine as the market recovered. Similarly, individuals who were allocated to 30% equities and 70% fixed income prior to the crash also did fine over time if the equity allocation was not changed after the market collapse of ’08.

     

    The individuals whose portfolios were damaged and who never recovered from the ’08 crash were those that switched from a 70% equities 30% fixed income to a 30% equities 70% fixed income following the market collapse.

     

    Just as oversold or overbought stocks revert to averages, the VIX is bound to rebound.
    I'm just gambler enough to be ready to short it.
    26 May, 12:07 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » OW

     

    Not so sure shorting is a bad idea... Other indicators are also showing signs that the markets are getting tired. Volume is very light.

     

    BTW. How is the wife?
    26 May, 12:14 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10165) | Send Message
     
    Author’s reply » MEMORIAL DAY !! So lets move on !!

     

    http://seekingalpha.co...
    26 May, 12:31 AM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.