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Interesting Times
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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 67...... 160 comments
    Jun 21, 2014 2:36 AM

    THIS IS A UNIQUE BLOG. WE ARE DIFFERENT !!

    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 A LINK TO THE TRADING CHAPTER !!

    http://seekingalpha.com/instablog/5038891-interesting-times/2881683-interesting-times-for-all-commodities-and-investments-portfolio-17

    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 AUGUST RESET PORTFOLIO CHALLENGE #2. SIGN UP SOON ! PASSWORD. besmart

    http://www.marketwatch.com/game/it-challenge-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: The author is long PSEC.

    Additional disclosure: OWN SOME PHYICAL METALS!!

Back To Interesting Times' Instablog HomePage »

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Comments (160)
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  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Rankings Name Gain/Loss Portfolio Value Percent gain/loss
    *** 1st *** Econ. Analyst $86,669.70 $186,669.70 86.67%
    ** 2nd ** FearandGreed $29,065.62 $129,065.62 29.07%
    * 3rd * JohnBinTN $23,002.33 $123,002.33 23.00%
    4th User7415481 $18,570.21 $118,570.21 18.57%
    5th ExtremeBanker $15,314.57 $115,314.57 15.31%
    6th John Wilson $15,057.49 $115,057.49 15.06%
    7th CoinsK $10,390.63 $110,390.63 10.39%
    8th Windwood $9,885.91 $109,885.91 9.89%
    9th CWinn $8,590.19 $108,590.19 8.59%
    10th Rinascimento $8,565.95 $108,565.95 8.57%

     

    WHAT DO WE EXPECT THIS WEEK ?
    BDC'S...ANY OPINIONS ?
    POTUS...DOES NOTHING IN IRAQ ?
    GOLD AND SILVER.....IS THE RUN OVER ?

     

    I am sitting here late because I had surgery on a torn meniscus in my knee. Happened after my officiating softball season was over. So I have to decide whether to listen to the surgeon and retire, or push the envelope.

     

    It is the second time in the same knee. Had no pain all season, yet got off the couch a few weeks ago and crumbled to the floor. Others have it worse but this is why I am posting at almost 3 am NY time..

     

    DON'T FORGET TO SIGN UP FOR THE RESET CHALLENGE. WE NOW HAVE 7 !!!

     

    Thoughts???
    21 Jun, 02:43 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    If your over 50 don't forget your not 18.
    I had a five digit day last week and it blew my mind,made me think of the young people in this nation that resent all this,the day may come if your not doing 5 digit days your not.

     

    just want to thank all those teachers that pounded a little mathematics & Law into my peanut brain over the years.
    21 Jun, 07:21 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    BTW do any of you Brother's & Sisters have any analysis on SDRL and where we are going or should go with this deep sea Brent friend and partner ?

     

    I am confident Citi will pass their stress test.
    21 Jun, 09:10 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » I have asked a poster from another link to share some information about (PSEC) and the BDC'S..

     

    I hope he takes me up on my invitation. So look for it . I found it very interesting ..
    21 Jun, 11:03 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Somebody likes them...
    21 Jun, 12:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » any opinions as to why I should not invest in (BDCL) ?

     

    I think you are getting around 16% ???
    21 Jun, 12:34 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    maybe 10 or less with a stop loss,i'll say it again (UIL) & (SDRL) for the big blocks on the dip.Convert trades to the blocks and let rev pay for trades and keep building into those 2008 survivor power houses who are piped and wired right into you bedroom.
    21 Jun, 12:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » AR

     

    YOU need to sign up for the challenge soon !!
    21 Jun, 12:40 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    I know,got to wrap it up,waiting for the break out,at least some resistance has crumbled.
    Feel like i've been in the lab just focused and quiet and aware of the no leak policy,i have my depends on !
    21 Jun, 12:44 PM Reply Like
  • User 7415181
    , contributor
    Comments (576) | Send Message
     
    Hi IT,

     

    Read over the prospectus carefully for BDCL or any of those leveraged UBS notes -

     

    http://bit.ly/1rtP8uq

     

    Pretty much if any of them close at $5 or below or drop 30% in value in a month's time, UBS can call them away from you at whatever that market value is. Being that they're 2X leveraged, that 30% could happen in a month's time if things turn ugly for bdc's in general (or the underlying index of any of the other notes).

     

    I've been tempted to buy into some of them, but keep holding off to buy somewhat safer yield.
    21 Jun, 04:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » USER

     

    Thanks for the homework. Seems not worth the risk.. Finding another BDC other then (PSEC) might be the smarter move..
    21 Jun, 04:56 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    On Sea bit possible dilution and next record date isn't until Sep.
    23 Jun, 06:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » THINK WE HAVE STRESS ??

     

    Passing next stress test is job #1 at Citi.......

     

    "I'll put my jacket on and walk out the door," Citigroup (C) CEO Michael Corbat has told Chairman Michael O'Neill should the bank flunk the Fed's stress test next year. In a WSJ "inside baseball" account of the failure and Citi's efforts since, Corbat is described as having turned his attention away from moving the business forward for instead a laser focus on proving to bureaucrats at the Fed that Citi's global business model is one that can survive the next crisis.

     

    "Are you targeting our business model? Our strategy," asked Corbat point-blank to Fed officials in a person-to-person meeting shortly after the stress test failure. For Citi to continue to operate all over the world, replied the Fed group, the bank needed to significantly improve its ability to operate and assess risk.

     

    Corbat returned from the meeting with an urgency to simplify operations and overhaul aspects of the bank's risk apparatus, and Citi has since sold its Greek consumer unit and put its Spanish one on the block. "The federal government's overreach is excessive over these big banks, particularly of Citi," says longtime investor William Smith of SAM Advisors, urging Corbat to instead push back against regulators.

     

    Becoming more clear is that a stress test failure next year will mean not just Corbat's job, but also a likely break-up of the bank. "Two extremes, from agitated investors to tough-minded regulators, will unite to break up Citigroup as too big to manage," says Mike Mayo.
    21 Jun, 11:01 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Dogs of war are sniffing around the bottom pages of wsb,you know what our brother means to us.
    21 Jun, 01:27 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    All the BP"ers are sleeping late today,must be the Diesel.
    21 Jun, 02:22 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » I AM BORROWING ANOTHER POST !!

     

    "The Dollar has already been replaced for many aspects of trade in Asia. Russia and China use to peg a myriad of trades and commodities to the Dollar. This is no longer the case.

     

    Anyone who thinks the trend is in favor of the Dollar expanding its presence as the Global Currency of trade and finance... you are living in the past.

     

    Change is inevitable. Re-evaluate, be flexible and adapt."

     

    Thoughts ?
    21 Jun, 02:45 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    John Wilson would be best to differentiate on currency issues,Doug E.Evetually a one world currency is a reality so if the dollar is your denomination uphold it's efficacy in the transition.
    21 Jun, 03:15 PM Reply Like
  • Jack Foley
    , contributor
    Comments (169) | Send Message
     
    Hi guys,

     

    here is my long term view for my portfolio

     

    Commodities - Long ( Don't think Oil has bottomed yet ), when it does I believe the rest of the commodity sector will be off to the races

     

    Bonds : short ( Got caught on this one, they may rally more from here but one day when interest rates rise - bonds will come crumbling down..)

     

    Stocks ( same thing, they can't go up for ever, if we enter a bubble phase the s&p could easily go to 2500 but ultimately values should be much lower in the future..)

     

    Precious metals - long - I believed they have bottomed
    21 Jun, 03:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » @JACK

     

    Thanks for stopping by. He is writing articles and I will update a link in the next chapter to include him as well.

     

    Hope he sticks around for some questions next week..
    21 Jun, 03:55 PM Reply Like
  • mbkelly75
    , contributor
    Comments (4545) | Send Message
     
    Here is another reason to own PMs and hard commodities:

     

    http://bit.ly/1t5vVze

     

    And another:

     

    http://bit.ly/1t5wfxI
    25 Jul, 05:20 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    mb:

     

    The U.S. is now the world's largest energy producer and exporter. How do you think those transactions will be paid?

     

    These persistent claims that the dollar is going by-bye are almost hilarious.
    25 Jul, 05:23 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    More and more i am playing the sector allocation game based on the Crown jewels, Boston,NYC,Phildelphia...
    21 Jun, 03:41 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    IT i have been advised that in the next two years the market is going to clean out the dead wood,seems to be whats going on.

     

    You'd be surprised who i have been advised to go with and who not,the only one they where wrong about was CHK and pushed the issue.On BDC's what i was told not a lot and stop loss.
    21 Jun, 06:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » AL

     

    OK, Thanks !
    21 Jun, 08:35 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    John Wayne,yo !
    21 Jun, 09:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Next week should be interesting for the metals. Will they get beat down??
    21 Jun, 09:09 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Should be interesting. I am in the camp that believes gold will hold support above $1300. I don't know if they are ready to run but last Thursday was sure a great day for the metals unlike anything that we have seen for awhile.

     

    http://bit.ly/1jGtOZJ
    21 Jun, 09:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » TO ALL THOSE WHO JUST READ ALONG. PLEASE FEEL COMFORTBLE IN JOING THE MOCK PORTFOLIO CHALLENGE. WE ARE ALL HERE TO LEARN . EVERYONE PARTICIPATING SO FAR WOULD CHERISH THE THOUGHT TO EXPLAIN ANYTHING..

     

    WE ARE BECOMING A SMALL FAMILY OVER THE YEARS AND I PROMISE YOU NO ONE IS GOING TO BE ALLOWED TO INSULT ANY QUESTION. I STILL HAVE PLENTY AND ASK ALONG THE WAY !!

     

    SO JOIN US AND IT !!
    22 Jun, 08:19 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Thanks Pops.
    22 Jun, 09:04 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Hey, I feel like one :)
    22 Jun, 09:08 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Ya Family,better hurry up busting my next move.
    22 Jun, 09:09 AM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    IRS testimony about crashed hard-drives to Congress are "in you face" outright lies.

     

    The hard-drives are immaterial and of no consequence. These people (Lerner) had email ACCOUNTS that in no way rely on a desk top hard drive. It is coming out that their email system was hosted on several server systems archived in three locations in the US.

     

    What this means is if you have a computer on your desk and the hard-drive crashed, you can just go to another desk, or get another computer, ANY COMPUTER, and set up your email account on the new computer, log into your account, and "Presto," guess what, all your emails are there.

     

    AND EVERYONE KNOW THIS.

     

    I work for a government contractor and this is how it works. I can move to any station and log into my email and everything is there.

     

    A criminal investigation is more than warranted. The lies they are telling are outrageously unbelievable.

     

    Paul Ryan should have looked John Koskinen (IRS Chief) in the face and said: "Sir, you are a liar"

     

    Once again you have to go somewhere else like the UK to get this in print
    http://dailym.ai/1nWpABB

     

    The government definitely will not invesigate itself here. I hope the House can get a criminal investigation. Even if the FBI investigates, remember they are under the US Justice Department, (Eric Holder)
    http://bit.ly/1p67sca

     

    Above comment is in regard to 6/22 Sunday Fox News story:
    "IRS commissioner John Koskinen testified before members of the House Ways and Means Committee this week, defending his agency over the loss of more than 2 years’ worth of Lois Lerner emails,"
    22 Jun, 10:16 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » JW

     

    I think Paul Ryan did call him a liar !!

     

    Funny, I am an Officer on our Condo board and our computers are set up that we can use anyone one of them to do our work.

     

    We have close to 700 homeowners, but if we have it I can't believe that the IRS doesn't.. John Koskinen (IRS Chief) had some nerve tying to bully the committee. I don't think it worked. Not sure what will come out of it.

     

    But I am sure the Hillary bus is being fueled as we speak!
    22 Jun, 11:06 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Just one more example of a high ranking government official, in this case, John Koskinen, being pressured by the House Ways and Means Committee, into making illogical testimony in the midst of another one of the continuous White House scandals.

     

    I think the time has come that a brand new White House Executive Cabinet Department (new position), Secretary, and staff is created to manage all of the scandals and better prepare those testifying or making public statements in an effort to defend these scandals.

     

    Therefore, I submit for request the new, "Department of Deception" be created. This department Secretary & staff could brief all individuals that are questioned, or in anyway make public statements in an attempt to defend each scandal, as they unfold. In the past few years under the current administration, there have been numerous ongoing scandals. In most of these cases, and in several instances, the defense of these scandals has produced some pretty incredible whoppers, which has been a big embarrassment to the administration. Simply pathetic!

     

    The Secretary of Deception could concoct more effective bullet-proof testimony & statements for the Administration and its allies, so that all of the incredible information provided by these folks, could be properly fact checked in advance, so that the story at least sounds like it could have some credibility.

     

    I don't know any prominent political allies of this current administration that would make a good appointee for this new post, as Secretary. No one from the left so far, stands out to be potentially effective and believable to assume this position. Maybe this would be a good opportunity for this administration to reach across the aisle and select someone from the other side with some credibility to serve as the first official Secretary of Deception.
    22 Jun, 12:16 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    OAG

     

    That need is now truly evident. The plight of this administration cries for the establishment of the department you describe. The Department of Deception that you have suggested is a fitting name for this department. However, they would probably call it the Department of Truth (reminds me of Ministry of Truth from Orwell's 1984).

     

    Since the Congress won't create it legislatively, it will have to be created by Executive Order or he could create a new administrative branch Czar for deception, I mean truth. So he could have a "Truth Czar." I realize that the need is for "deception," but deception now means "truth."

     

    Since these "fake scandals" do not seem to be going away, and people have not taken the subliminal suggestion from Hillary to respond to them by shrieking, "What difference does it make?" It does seem like the administration should implement this suggestion.
    22 Jun, 02:16 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    JW, You are taking this in the right direction. How about, "Department of Integrity"?
    22 Jun, 02:23 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » I am an entrepreneur.. anyone want to buy a bumper sticker that says..

     

    "What difference does it make?"

     

    Or big black glasses ? Or a fake DR report that says "you had a concussion " ?

     

    T shirts are being processed as we speak ! Wasn't tough getting the patent for it either

     

    The "IT FIB" made the suggestion to capitalize on the products. Said the rest of the economy is heading down the sh@tter anyway !!
    22 Jun, 03:16 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    I would buy a "What difference does it make" bumper sticker. The T shirt is a really good idea too.

     

    The T shirt could also show her with bad hair.
    22 Jun, 03:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » JW

     

    If I got 100 orders I swear I would get them made !!

     

    What is good about these T shirts is that are called "break away" shirts. So if you get attacked like they did in Bendgazi the sleeves come off and they become TANK tops! Get it TANK tops ??

     

    On the back would be the hair>>> Color of hair changes like hers does.

     

    Now I read this !!!

     

    Militants Seize Iraqi Town Near Border With Jordan >>>

     

    http://bloom.bg/1wjdsy6

     

    This is getting worse by the day !! Gold has to react to all of this >>>
    22 Jun, 03:39 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Before the year is out, she will be wearing those BIG glasses out to Wrigley Field leading the seventh inning stretch crowd to her rendition of, "Take me out to the ballgame"

     

    Root, Root, Root, for the Cubbies.
    If they don't win...
    What difference does it make?
    For it's one, two.........
    22 Jun, 07:14 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    And sign me up for a few shirts and bumper snickers as well, too.
    22 Jun, 07:28 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    I would buy 10 bumper stickers and a couple of T-shirts

     

    Additional thought on lost IRS emails:

     

    "My hard drive crashed and I lost my emails, (and I plead the 5th)"
    --is going to replace the phrase,

     

    "I've fallen and I can't get up" :-)
    22 Jun, 08:18 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    OAG-
    Yes, The "Department of Integrity" would be a good one for the "MOST TRANSPARENT" administration ever.

     

    BHO could have a Truth and Integrity Czar.

     

    (Truth & integrity - our version or else!)
    22 Jun, 08:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Oh, the "IT FIB" said gold will hit $1350 and silver $22 within a 3 week window. Conservative time period. Could be faster !!

     

    LOOK for the manipulation to start real soon as well..
    22 Jun, 03:24 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Start smacking the LIKE button. I know AL does it all the time. I am starting to do it all though the chapter.

     

    Too much valuable info going unappreciated here...
    22 Jun, 03:27 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Pax IT,stamp it.Breaking the bundle is hard and not advisable.
    22 Jun, 04:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » We have another sign up! Wish I knew who Shawn Brady was but welcome !!

     

    Good luck trading ...
    22 Jun, 05:51 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5160) | Send Message
     
    Greetings to IT and commenters,

     

    I hope to chime in more regularly after taking a break from WSB, I have plenty of comments to catch up on.

     

    Added (PQ) recently and have enjoyed quick gains. More oil and gas stocks showing up in my portfolios. (CDZI) was a speculative play that has the faucet running.

     

    (HAL) breaks the $70 mark. Has it climbed too quickly? May take some money off the table with that one.

     

    New York jumped into medicinal marijuana the other day. Not sure how buying a 32 oz. soft drink is against the law, but marijuana gets the green light? Those patients who will benefit from marijuana passing will have to wait almost 18 months for NY to set up regulations. Always red tape involved.

     

    Off to root on the US Soccer team. Down 1-0.

     

    Have a great evening everyone.
    22 Jun, 07:04 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Why not a 32oz green drink,kill two birds with one stone.
    Have the ex mayors picture on it.
    22 Jun, 07:12 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5160) | Send Message
     
    32 oz drink = Bloomberg Special

     

    2-2 final US vs. Portugal
    Apologies if anyone was t-vo-ing the game. Portugal scored with under a min. of added time to pull out a tie.
    Great game. The beautiful game.
    22 Jun, 07:58 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    You've done well with BP,spent a few hours looking at them last night,continued Bread & Butter is their objective.Got to give them credit.
    22 Jun, 08:11 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5160) | Send Message
     
    Plenty of upside to (BP), in my opinion.

     

    World-wide operations in over 80 countries. Just signed agreement in Russia. US operations are only a fraction of what (BP) brings to the table.

     

    Considered cutting shares and looked at Chevron and some others. Stayed with BP.
    22 Jun, 08:17 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    DC in the end it's the financial security we leave behind,in that if successful we move on blameless.
    A not easy lifetimes discipline.
    22 Jun, 08:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » DEER

     

    I was t-vo-ing until my daughter got here. As a soccer ref USA blew it big time. No way should that player been left unmarked at that point in the game.

     

    USA does not impress me one bit !!

     

    That is why I am now responding since your first post..lol
    22 Jun, 11:31 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » DEER

     

    (GM) is looking for some investors. Know anything about ignition switches ? They don't seem to know..
    22 Jun, 11:34 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    deercr
    Oil companies had done very good lately. How much upside do you think there is now?
    23 Jun, 12:09 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » DEER

     

    Sign ups have started for the reset in August ...Info above in blog's description..
    22 Jun, 11:33 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    I think he feel asleep.
    23 Jun, 01:31 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » With increasing Iraqi violence, Brent crude rose 62 cents to $115.43 by 6:35 a.m. GMT, and may break its Thursday record of $115.71 - the highest price since September 9. Militants yesterday took control of three towns, two crossings on the Iraq-Syrian border, and stopped traffic on the main highway from Jordan to Baghdad. U.S. crude for August delivery also gained, soaring 50 cents to $107.33. The July contract expired on Friday.

     

    Thoughts ???
    23 Jun, 08:27 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    It's not accidental,going back to the British template.
    Forevermore stay out of the Bushes,the silver foot thang !!
    23 Jun, 08:54 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5160) | Send Message
     
    Wide awake and reporting for duty.

     

    US soccer played pretty well, from what I know. No excuse leaving player unmarked for last goal. It's like not defending the Hail Mary in football. (US football, not international football)

     

    BP and other companies have huge upside, from what I can see. Plenty of partnerships forming for exploration purposes. If US would push forward with exporting Nat Gas, some companies would benefit greatly. Russia and China reaching a 40 year agreement with Gazprom shows people want to do business. (RSX) is a nice play on volitality in Russia. (NORW) and (STO) are my plays out of Norway. Yes, Norway. Money to made from investing in that country.

     

    RE: GM and ignition switches
    I know nothing about switches. My Buick Enclave has been a great vehicle, however. My oldest son does his own work on his Subaru and I only wish I had that ability.

     

    Have a great morning. Sun is out and sky is blue in WNY.
    23 Jun, 09:07 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    You are honed in.
    The Philly hub is still not at a premium.
    It's kicking up,still have some thoughts on FTR & FCEL.
    23 Jun, 09:17 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » DEER

     

    I own a Subaru and they are a great car at a great price..

     

    Now as far as soccer goes Germany will play with the USA like a toy .They just aren't playing like a team for some reason. Their triangle play is way too close.

     

    Looking closely to see what gold and silver do this week. Oil might still have some legs as the Middle East is just warming up !
    23 Jun, 09:19 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (484) | Send Message
     
    IT; I do enjoy dropping in from time to time, and your commenters are top notch.
    Anyway, still slowly adding to the physical silver, another 20 rounds a week & 1/2 ago. Small IRA was like 98% miners, AUY, EXK & GPL. Lightened up on EXK last Friday, added to AUY, and bought very small stake in food guys BGS for diversification & dividend. Took a quick look at our old friend PSEC, but with all the M&A in food, I chose BGS.
    Whew, now my PM miners only represent about 90% of that IRA.
    23 Jun, 09:18 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » NOC

     

    Great to hear from you. Silver will have it's day !!
    23 Jun, 09:57 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » UPDATE !! ADAM GALASNO LONGER PARTICIPATES ON SA..HE IS WRITING FOR THE MOLEY FOOL.. I WILL REMOVE HIS LINK IN THE NEXT CHAPTER !!
    23 Jun, 10:01 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    IT these number's hear are just not changing tactically.
    Keep us informed on the metals please.
    23 Jun, 10:11 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » May Existing Home Sales: 4.89M vs. consensus 4.75M, 4.66M previous (revised from 4.65M).

     

    The median existing-home price for all housing types in May was $213,400.

     

    THOUGHTS???
    23 Jun, 10:14 AM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT:

     

    Those looking for some new housing collapse have been wandering in the dark. It's just another behavioral symptom of the post-2008 PTSD effect. Ever since 2008, many have concluded that history will repeat itself -- stock market and housing -- just a few years later, when that's not how it goes. Any new problem will reside in new issues.
    23 Jun, 12:47 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    It sure seems like housing is not moving in the right direction despite positive numbers for May. This is an interesting article from last Friday, prior to today's May housing numbers release.

     

    http://nws.mx/1yFKsCQ

     

    We are still running behind last years numbers on existing home sales. I did not review specific info on the direction of the median home pricing, but will refer to the article that is stating home prices are moving up, ahead of stagnant wages.

     

    Housing forecasts have been changed from 10% growth in 2014, to flat. It is also interesting to see the average credit score for borrowers of mortgages today is quite a bit higher than it was in 10-years ago. Simply, those with credit scores between what they were 10-years ago, and now, are not buying in this market.

     

    Even though 30-year mortgages are in the 4.25% range, up from recent lows over the past couple years, this is still a smoking hot rate that should attract a lot of activity in a growing or recovering market.
    23 Jun, 01:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Any opinions why the BDC'S are up this morning ??
    23 Jun, 11:18 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Transitioning to new uses and adaptations.
    23 Jun, 11:29 AM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT:

     

    Because the months-long process of index holding being jettisoned is nearing its end. BDC's, as a group, undervalued.
    23 Jun, 12:42 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    Thanks, as I have added to my position in (PSEC) and was considering opening a new one with (FSC).

     

    That Russell Index issue imo has nothing to do with the BDC'S being a buy right now. Do you agree ?
    23 Jun, 12:49 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT:

     

    Agree.

     

    Value always lies in individual issues and sector pockets, independent of broad measures, like Dow, NASDAQ, SPX or Russell.
    23 Jun, 12:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    Have you looked at any BDC'S recently for value ?
    23 Jun, 02:40 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT

     

    Not really because I already hold a large basket of BDCs. I have added to my (AINV) position, sold puts on recent drop in (FULL) and started a speculative buy in (MCGC).
    23 Jun, 05:55 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    Thanks for the input. Do you have anything negative against (FSC) ?

     

    From what I read it seems like a solid company ..Am I missing anything ?
    23 Jun, 06:10 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT

     

    One of my holdings.
    23 Jun, 06:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    Good enough for me !!
    23 Jun, 07:24 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT:

     

    All BDC's in which I have current positions:

     

    (BDCL) (2X BDC ETF)
    (MCGC)
    (PSEC)
    (KCAP)
    (TICC)
    (MCC)
    (FSC)
    (FULL)
    (TCRD)
    (AINV)
    (BKCC)
    (ARCC)
    (TCAP)
    23 Jun, 07:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    Are they in any special order ??
    23 Jun, 07:32 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    That's some allocation discipline,IT those 13 are kinda how it it really should be done.Not too heavy individually, spread out.
    23 Jun, 07:35 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT

     

    Listed from high to low yield. Position sizes vary.
    23 Jun, 07:41 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    T,
    Which do you consider your crown Jewell ?
    23 Jun, 08:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    Interesting question.. Good one Al..
    23 Jun, 08:22 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    al:

     

    I don't invest that way. I always pick of basket of issues in sectors where i want positions, rather than attempting to cherrypick winners. Often, I tend to favor the higher yielders, and for BDC's I try to avoid ones where the price/book is substantially above 1.0, unless there's something indicative in their earnings performance that suggests exceptional management.
    23 Jun, 08:35 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    T:
    I agree a combination and synergy do seem to work best.
    13 good picks that support the overall portfolio value at different time is an art.
    23 Jun, 09:34 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    al:

     

    Let's just say that the "art" in selection and balancing comes from experience.

     

    What I have learned, generally, is the enormous power of compounding, as applied to yields. One can sit and debate the price movements of issues and markets, but the outflow of yield, compounded, has it own inexorably powerful effect. The current aggregate yield of my BDC portfolio is 11.2%. Here's the compounded return from that measure alone, independent of price movements of the portfolio:

     

    Year 1 - 11.2%
    Year 2 - 23.7%
    Year 3 - 37.5%
    Year 4 - 52.9%
    Year 5 - 70.0%
    Year 6 - 89.1%
    Year 7 - 110.2%
    23 Jun, 10:38 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    The knowledge of compound the discipline over years is the engine that produces a Bank grade Cap and rev engine.

     

    Well done Sir ! I'm sitting here cheering T,that's strength.
    23 Jun, 10:56 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    IT & AL & whoever:

     

    IT asked above [June 21] about the dollar:
    "Anyone who thinks the trend is in favor of the Dollar expanding its presence as the Global Currency of trade and finance... you are living in the past."

     

    I had commentary on this question twice previously. June 9 in Chapt 65 I provided what I saw as turning points and opportunities:
    http://seekingalpha.co...

     

    ... and May 6, Chapt 62

     

    http://seekingalpha.co...

     

    I have said before that I went into the Australian and Canadian dollars two months ago. Now the financial news is recognizing that these two have been doing really good:
    (FXA) and Loonie (FXC). I probably have 3% to 4% gains in these two in two months. Not too bad for unleveraged currency holdings. I look for more upside in them relative to the dollar.
    23 Jun, 12:58 PM Reply Like
  • Kyle10
    , contributor
    Comments (424) | Send Message
     
    JW,

     

    Have you listened to the most recent interview with Jim Willie? It was on USA Watchdog. Good stuff, but I'm wondering if you believe his talk of all these gold-backed currencies coming in the near future? It sounds far-fetched to me...not because it's not a great idea...but because what government would willingly handcuff itself to gold? I'm not sure any would do such a thing.
    23 Jun, 09:09 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    The current news story
    Aussie, Kiwi up after China survey, Canadian dollar at 5-month high
    is at:
    http://cnb.cx/1wnJOI0

     

    When I tried to add this link by editing it into my comment above SA would delete half of my original comment. Any one else have problems with SA deleting part of your comment when you try to edit it?
    23 Jun, 01:03 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    John all of us here are on the same side,guys are just looking out for their children,seriously.
    23 Jun, 02:51 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    Al
    ???
    23 Jun, 03:48 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Most deletions seem to be done for the edification of the commentator.
    SA must really really like you John,i get your drift, kinda mean street out here.
    911 and that mishandled Gulf war and the melt down still haunt us.Where's Dick & Rumy when you need them.
    23 Jun, 04:00 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    Al: I meant is is a technical issue with SA editing.
    23 Jun, 05:03 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    That's even better.You have a lot of knowledge John.
    Thank you.
    23 Jun, 05:06 PM Reply Like
  • mbkelly75
    , contributor
    Comments (4545) | Send Message
     
    Hello All: There is an interesting discussion going on in this article that you will probably find informative:

     

    http://seekingalpha.co...

     

    Look for my comments for some outstanding PDFs on the subject at hand..........
    23 Jun, 06:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » MB

     

    Thanks... Interesting thoughts about inflation...

     

    Opinions????
    23 Jun, 06:11 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    This just came to my attention. DHS solicited for "Escort Services for Unaccompanied Alien Children" back in January this year. They were planning for C. Amer mothers & children to come across the border this spring and summer.

     

    Planned.

     

    "...DHS, has a continuing and mission critical responsibility for accepting custody of Unaccompanied Alien Children [UAC] from U.S. Border Patrol and other Federal agencies and transporting these juveniles to Office of Refugee Resettlement [ORR] shelters located throughout the continental United States..."

     

    http://1.usa.gov/1yGOYkG;

     

    Allow them to come and then put them in camps. What is this about? Seems like the BHO Admin enticed them by stating that they would not be deported. That's like an invitation.

     

    Check the link. Incredible.

     

    Heard about it here.
    http://bit.ly/1yGOYAV
    23 Jun, 06:53 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » JW

     

    I saw a story about this on some show. Sad that the kids are now being doubled up in cramped quarters.

     

    Not sure what the right answer is...

     

    Do we send them back ?
    23 Jun, 07:27 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    Trademark of Obama's foreign policy: No good options. Chaos and suffering.
    23 Jun, 08:17 PM Reply Like
  • mbkelly75
    , contributor
    Comments (4545) | Send Message
     
    Unfortunately, it is pretty much the trademark of his domestic policy also..........
    23 Jun, 08:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Hear his golf game is pretty good though !!

     

    Practices enough...
    23 Jun, 08:21 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Here's a good question.

     

    Is the VIX a good indicator of anything. Some say when it is this low, and complacency sets in, watch out for a correction.
    Truth or a fallacy ??
    23 Jun, 08:25 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT:

     

    I always love how the more bearish of mind characterize low volatility as "complacency" (derogation intended), but, if things are volatile, that's somehow and "improvement" or "normal." The VIX can't forecast anything. It measures an existing state of affairs. It's just another form of market timing.

     

    Yep, when we get some wrinkle that send the markets down, the VIX will jump, reflecting nervousness. As a forecast tool to what' going to occur and when, it's useless.
    23 Jun, 08:40 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    I felt the same way from what I have read. I have also stopped looking for any sizeable correction as well. I now admit I have been wrong.

     

    I do have a % in metals as you know but am looking for some value stocks. It seems that the pickings are slim right now. I am not a chart reader as you know.

     

    But I feel that what you have been saying for a few years now might be right. Honestly I wish I had your 20 years of experience behind me. I might have to just pick some Vanguard funds and add a slice of some BDC'S for the dividend stream..

     

    Might even unload some of my metals if the price spikes at some point ..
    23 Jun, 08:56 PM Reply Like
  • Broken Clock
    , contributor
    Comments (126) | Send Message
     
    If Republicans take both houses can they push through anything against 2nd term Obama?

     

    Also, what do you all think about down the road for politics? 2016? Am I getting too far ahead of things?
    23 Jun, 11:13 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    The sector graphs with the Dow,naz & S&P really reveal intent,Sometimes really beautiful geometry's, the fundamentals still rule,they are the resilence and defense.
    23 Jun, 11:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » BC......welcome

     

    Never too far ahead.. Please don't say Hillary "what difference does it make " Clinton !!

     

    BTW ..Look above as I am selling bumper stickers, Shirts, and Mr MaGoo glasses >>

     

    How many do you want !! A package deal ?
    23 Jun, 11:23 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    Broken

     

    I like that a Tea Party guy won a primary (against Eric Cantor). I would like to see defections from parties. I would be healthy if people were so disgusted that they demanded a real alternative. I would like to see the two party system break apart and never rise again.

     

    George Washington did not belong to a political party. Unfortunately he was the last such president.

     

    A Clinton vs Bush ticket in 2016 would be proof that the system is corrupt beyond salvaging.
    23 Jun, 11:27 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Maybe Hillary won't run due to a bad ticker and other health problems.

     

    http://bit.ly/V94IO5

     

    Chelsea Rodham Clinton, will be President eligible in time for the 2016 race. She will be 36.
    24 Jun, 09:30 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Broken Clock, The GOP may indeed control both houses after the fall election, but it just means you will see more and more Executive Order via BHO.

     

    http://bit.ly/1jcPiO7

     

    How confident do you feel having tough guys like Mitch McConnell & John Boehner standing up to BHO to push anything through in the next two years?

     

    This is all starting to look like a bad remake of the Wizard of Oz, as HRC, Joe Biden, and McConnell/Boehner, take a walk down that yellow brick road, to meet the wizard, BHO.

     

    Hillary looking for a heart, Biden looking for a brain, and McConnell/Boehner seeking courage.
    24 Jun, 09:38 AM Reply Like
  • Kyle10
    , contributor
    Comments (424) | Send Message
     
    If Republicans take both houses, it will mean absolutely nothing unless we have 100 Eric Cantors go down. So we basically need to defeat all the leftists as well as the leftist-lites in the GOP. And then of course 0bama can still rule via executive fiat.

     

    But the GOP won't do anything constructive anyway bc they'll be afraid of ruining their 2016 chances. It's funny because by keeping the status quo alive, it just makes the problems much, much worse...to the point that I would question the sanity of anyone who would even want to preside over this horror show by the time 2016 is here.
    24 Jun, 10:39 AM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    Don't want to get in any long political diatribe, but will offer one opinion:

     

    My own view is that the nation's demographics have crossed the center line and are now decidedly more socialistic in the majority. Consequently, Republicans will have a very difficult, if not impossible, time winning many broad-based elections, like state-wide senatorial contests and will have even less chance to again win the presidency, barring some major calamity that sees voters throw out Democrats, rather than voting in Republicans. Republican power will be limited to House seats in favorable districts, and even that majority will be increasingly tenuous.

     

    The bottom line is that, as investors, one should plan on dealing with a continuation of liberal socialistic policies
    24 Jun, 10:49 AM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    I would disagree that the nation's demographics have crossed the center line to become more socialistic, however in the big cities and densely populated areas, I would concede that support for socialist government continues to strengthen. On the executive level, and GOP leadership in both houses, the GOP has selected leaders or candidates that have been moderate at best. Should any conservatives break through into these positions, they will recieve strong national public support, along with the press, democrats, and left of center Republicans, taking every effort possible to destroy the character of the conservative making a run.

     

    One major problem blocking some sort of conservative reform is that despite the democrat party moving far left at the Federal level, the party is united and even more moderate democrats or independents continue to support these politicians, despite their radical way of governing.

     

    As for the GOP, there is definite divide between conservatives and progressives within the party. In order to have any conservative reform, conservatives will have to win control of the GOP. If they do not succeed in this effort, yes, the socialist agenda will continue to dominate.

     

    What would really help move this country away from the socialist leaders expanding their policies, and gaining greater control, would be if the moderates within the democrat party were to stand up and oppose the far left agenda of their party. As I mentioned earlier, the democrat party is more unified than ever in support of their far left radicals that have taken control of the party. Prior to the 1990's, there was some balance within the democrat party of liberals and moderates. Not any more.

     

    I am amazed that moderate democrats have not organized and rebelled against their party and acknowledged that the executive and legislative leaders are destroying this country with their far left radical agenda. C'mon you moderates! Take a stand, and try to take your party back.

     

    And yes, the actions and laws that this government proceeds with most definitely has an impact on the economy and the investment community.
    24 Jun, 12:23 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    "The change it had to come,Meet the new Boss same as the old Boss"-The Who

     

    "We don't get fooled again" ya right !
    24 Jun, 12:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    You must be feeling comfortable. I know you don't like talking politics ...Having said that how do you invest feeling that the DEMS will win the White House ?

     

    I agree with you , and I am a Republican... Free money does get votes easily !!
    24 Jun, 03:23 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Greening up again got to get to work on the Compounded theory,I think that's a good party to vote for.
    24 Jun, 03:40 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    IT:

     

    First off, not sure what your "feeling comfortable" comment implies. I'm a life-long Republican, but a realist foremost.

     

    I believe that Democratic policies will tend to be on the inflationary side, versus Republicans, who would over-correct to austerity, if they were given their druthers. Even speaking as a Republican, I don't think many Republicans understand our Federal-Reserve monetary system very well and tend to look at sovereign debt, as do, mistakenly, many individuals, as similar to household debt. They are not remotely similar.

     

    So, being very broad brush, I'd look for inflationary conditions with Democrats and deflationary conditions with Republicans.
    24 Jun, 03:41 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Demographics,think your on to something their ?
    24 Jun, 03:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » T

     

    I was joking !!! I know you don't usually talk politics so I just dropped a little humor. Nothing else..
    24 Jun, 03:56 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Gold & Silver are up ? Energy's down, Bio tech lifted the Nasdaq.Somebody sold 250,000 shares of NU at a pop.
    Still traded .56% up at close.
    What's the next move ?
    24 Jun, 04:02 PM Reply Like
  • CoinsK
    , contributor
    Comments (2775) | Send Message
     
    OAG, it's the Soro's dream come true "Complete control of one party and control at least 1/2 of the other". We are moving at a lightning pace toward Global governance.
    24 Jun, 04:04 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    OAG
    In the OZ story wouldn't HRC be the Wicked Witch of the West? I would say Biden would be a flying monkey.
    24 Jun, 06:30 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    Tack
    Didn't Ron Paul understand the Federal Reserve?
    24 Jun, 06:35 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    JW:

     

    In a word, no.
    24 Jun, 06:41 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    JW, I was kind of thinking we should select Nancy Pelosi to play the Wicked Witch of the West, but for some strange reason, she does not feel that she or anyone else should even read the script, until AFTER the movie is released. Strange...
    24 Jun, 07:38 PM Reply Like
  • Broken Clock
    , contributor
    Comments (126) | Send Message
     
    Boehner is going after Obama on Executive Orders according to the news headlines. I think that's a sign of courage, no?

     

    Also, let's think about it, many Republicans have been forced to be smarter and more cooperative purely as a function of the balance of power, but if the tide shifts, then presumably they could press their advantage. It's not always about courage, but being smart and adapting to the situation at hand.
    25 Jun, 03:53 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    BC, During the last Bush administration, GOP controlled Exec branch and both houses for a portion of Bush's term. Were they smarter and more cooperative with... the media then? Or timed in fear that if they pursued a conservative agenda that they might lose all three branches of Fed Gov't? That worked out well.

     

    Bottom line is conservatives do not hold any power in Federal politics, nor have they since the great depression. Possible exceptions, Reagan was President with most of his term having a Dem House/Senate. Gingrich was House Speaker for awhile with Clinton as President. I struggle to come up with any other conservatives in power other than those two during that period, and some may argue that those two examples I give were not conservatives. I think Reagan was, and Gingrich is.

     

    BHO has also performed many impeachable offenses during his terms, but Boehner, McConnell, and the other progressives will not push for impeachment, fearing being accused of doing so for political reasons. I guess that is just playing it smart and adapting to the situation at hand. In reality, they are not pursuing the correct legal process for political reasons. Pretty sad.
    25 Jun, 04:32 PM Reply Like
  • Broken Clock
    , contributor
    Comments (126) | Send Message
     
    So you don't think the Bush tax cuts were a positive outcome? I'm not really interested in the social conservative issues, just the fiscal side.
    25 Jun, 04:44 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Yes, the Bush tax cuts or any tax cuts are generally a positive move. The GOP was wobbly on doing any spending cuts during the Bush era, as they only moved to cut the rate of spending increases on spending, and they also caved on Social Security reform to give private citizens some ability to manage investment of some of their SS contributions.

     

    Were we better off 2001-09 than now? Absolutely.
    25 Jun, 07:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » New York sues Barclays for fraud over dark pool....

     

    "The facts alleged in our complaint show that Barclays (BCS) demonstrated a disturbing disregard for its investors in a systematic pattern of fraud and deceit,” says NY AG Eric Schneiderman. "“Barclays grew its dark pool by telling investors they were diving into safe waters. According to the lawsuit, Barclays’ dark pool was full of predators – there at Barclays’ invitation.”

     

    Contrary to promises made by Barclays to clients, according to the complaint, Barclays never stopped any trader - no matter how predatory - from participating in its dark pool, did not regularly update the ratings of HFT firms monitored by Liquidity Profiling, and "overrode" certain Liquidity Profiling ratings by assigning safe ratings to traders otherwise known to be toxic.

     

    A lurker wants to know what a dark pool is!!!! Someone want to take this?
    25 Jun, 08:44 PM Reply Like
  • CoinsK
    , contributor
    Comments (2775) | Send Message
     
    In a word ,YES he knows their real function.
    25 Jul, 06:51 PM Reply Like
  • CoinsK
    , contributor
    Comments (2775) | Send Message
     
    Here's an interesting thing going on with a well known Coin collection.
    http://bit.ly/1jchX5Z
    24 Jun, 07:59 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » COINS

     

    Is this the couple who found it in their backyard ?

     

    I also saw that the Coin Vault was selling some as well...
    24 Jun, 03:21 PM Reply Like
  • CoinsK
    , contributor
    Comments (2775) | Send Message
     
    That's the deal. http://bit.ly/Vl5Tu3
    24 Jun, 04:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Uh, don't you remember ME telling YOU about this??
    24 Jun, 05:26 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    Bought 100 sh (UHT) today. 5.8% yield. Has the base formation I like to see. Slowly and gradually climbing, soon to accelerate.

     

    "Universal Health Realty Income Trust is a publicly owned real estate investment trust. The firm invests in the real estate markets of United States. It invests in the health care and human service related facilities..."
    25 Jun, 12:30 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » HERE WE GO !!!

     

    The MSCI Asia Pacific Index (MXAP) dropped 0.3 percent to 144.35 as of 12:32 p.m. in Tokyo, with eight of its 10 industry groups declining. The gauge has slid since reaching a six-year high on June 19. U.S. stocks closed lower after the Wall Street Journal reported that Syrian warplanes struck targets in western Iraq, killing at least 50 people.

     

    Looks like planes are starting to drop things huh ?
    25 Jun, 12:39 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    When i was in the office with the Brass and money machine,Guys looked at me and said it's our undoing.
    Guys just shook their head.
    25 Jun, 07:15 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » GDP REVISED DOWN..

     

    Any effect it will have ?

     

    The disappointing April durable goods print combines with yet another big revision downward in Q1 GDP to send the 10-year Treasury yield lower by four basis points to 2.54%. The short end parties as well, with December 2016 Eurodollar futures up 7 basis points to 97.96 (higher Eurodollar futures mean lower rates), still pricing in about 200 bps of rate hikes between now and then.

     

    In addition to the headline miss in durable goods (-1% vs. +0.4% expected), core durable goods fell 0.1% vs. an expected 0.4% gain.

     

    Before doing too much buying or selling on these numbers, do note they're both old news. The durable goods number is from May and GDP is from Q1, and we're about to enter Q3.

     

    THAT POLAR VORTEX IS STILL HANGING AROUND I GUESS !!
    25 Jun, 11:37 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » I see that OW and AR are now in the green at this moment in the challenge..

     

    I am climbing up that red ladder !! Hopefully I can at least end up in the green myself. Got a month left..

     

    ONLY 8 HAVE SIGNED UP SO FAR !!
    25 Jun, 11:55 AM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    The dividends have not been accrued.Their over a G.
    25 Jun, 12:45 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » Nice !!!
    25 Jun, 12:48 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    The Boyz rarely shove something down the throat...
    25 Jun, 12:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » The "IT FIB" states that the analysis of gold at $1350 and silver at $22 are still on target.

     

    Getting ready to give the Avi comment.. " I NAILED IT "

     

    But states expectations still exist of the FED stepping in to knock it down ..

     

    Meanwhile the "does it really matter" comment was followed up by Nancy Pelosi stating that "you must have a murder before you should consider it a possible hostile scenario"

     

    Things you just can't make up.. I shudder to think these are our leaders !!

     

    Seems the market is shrugging off the downgrade of the first quarter GDP.

     

    Why ????
    25 Jun, 01:13 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    I have had some good wins with SA.
    I think within the Blog it is at the point of position & potential.

     

    IT a lot has been proven and trust established.
    got scheduled for a maintenance ,crippling a bit.
    25 Jun, 01:17 PM Reply Like
  • Kyle10
    , contributor
    Comments (424) | Send Message
     
    "Seems the market is shrugging off the downgrade of the first quarter GDP.

     

    Why ????"

     

    This has been going on for years now. The market is broken. Bad is good, good is bad, up is down, down is up. Bad news means ZIRP and QE forever. Liquidity is what drives equities, not genuine economic growth. For now anyway...this will change eventually. The markets, especially the bond market, will come to fear liquidity in the near future...whereby more printing will cause yields to rise, the opposite of the intended effect. This day is coming.
    25 Jun, 03:17 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (719) | Send Message
     
    Bullseye Kyle10!
    As we have seen for quite some time now, the news stories and the reaction by the bond/stock/commodities markets are a disconnect. Liquidity has created this reverse in polarity.
    25 Jun, 03:22 PM Reply Like
  • Tack
    , contributor
    Comments (12809) | Send Message
     
    K:

     

    S&P500 earnings are now 40% higher than 2007. Oh, and they're 500% higher than the 2008 year.

     

    That shouldn't drive markets higher?
    25 Jun, 03:47 PM Reply Like
  • Kyle10
    , contributor
    Comments (424) | Send Message
     
    Tack - Sure, but it's driven by liquidity aka the printing of currency. How are earnings so much higher? Well, let's see...the Fed prints $ and pushes down interest rates. Do lower borrowing costs increase EPS? Yes. Companies borrow cheaply and use debt to buy back stock...does this increase EPS? Yes.
    25 Jun, 05:08 PM Reply Like
  • al roman
    , contributor
    Comments (4614) | Send Message
     
    Take a look at this (MDCI).
    25 Jun, 01:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » YOU CAN'T TRUST THOSE TURKIES...

     

    Turkey Sells 200 Tons of Secret Gold to Iran .....

     

    http://bloom.bg/1sG9TDK

     

    Yet I keep reading gold isn't important ???
    25 Jun, 08:13 PM Reply Like
  • John Wilson
    , contributor
    Comments (1102) | Send Message
     
    US "T-Men" try to control gold trade between Turkey, Iran, Dubai, China.

     

    "Getting gold into sanctions-encircled Iran"
    and
    "What was the purpose of the gold trade with Iran? We’ve never gotten an explanation.”

     

    LISTEN TO THIS TREASURY GUY:
    “The Istanbul prosecutor’s report leaked on March 14 is a damning document that reveals one of the most complex illicit finance schemes I have seen,” said Jonathan Schanzer, a former terrorism finance analyst at the Treasury and now research director at Foundation for Defense of Democracies, a Washington policy institute focused on national security. “The networks spanned Turkey, China, Dubai and Iran. It included the classic money-laundering techniques of over-invoicing and false invoicing.”

     

    The "T-Men" have gone international to try to kill gold trade between sovereign nations.

     

    (I know these Turks accepted bribes etc, but...)

     

    Notice the terminology:
    "former terrorism finance analyst at the Treasury"
    "Foundation for Defense of Democracies, a Washington policy institute focused on national security. “
    Gold trade = "money laundering"

     

    The US Treasury considers "gold trade" between nations like Turkey, Iran and China" to be "financial terrorism"

     

    Financial terrorism = international trade that does not use US Dollars.

     

    Gold is the enemy of the US Treasury. They even have an "NGO" Think tank to fight the war.

     

    This is why there is international polarization against the US and the dollar. US will also lose control. Too many larger countries that aren't afraid to "dis" the US: they will continue to trade in gold and also accumulate more.
    25 Jun, 10:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » JW

     

    Planning on reading BLOOD FUED ?? Looks like a good one to me !!
    25 Jun, 10:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » LOIS, Lois, lois....No wonder emails went missing !!

     

    Emails reveal IRS official Lois Lerner sought audit of GOP senator Charles Grassley

     

    http://aol.it/1o4Sbor
    25 Jun, 08:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10203) | Send Message
     
    Author’s reply » MOVING ON !!!!

     

    http://seekingalpha.co...
    25 Jun, 10:16 PM Reply Like
  • mbkelly75
    , contributor
    Comments (4545) | Send Message
     
    Okay - the case for having Gold in your portfolio has been made stronger this morning by none other than Bill Gross. Be sure and follow ALL the links to both of Bill Gross's articles AND to the FBER paper:

     

    http://seekingalpha.co...

     

    For those who have not gone and read the paper on how much gold / gold and silver / gold, silver and platinum do you need in your portfolio to protect against inflation......that link is here:

     

    http://bit.ly/18Q6WVi
    29 Jun, 09:34 AM Reply Like
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