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fatcat

fatcat
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  • Gold: Bubble or No Bubble? [View article]
    One of the most comprehensive gold article ever.

    Lots of food for thought for anyone who follows gold.
    Oct 27 07:00 AM | 6 Likes Like |Link to Comment
  • When Is a Contract a Contract? [View article]
    Doesn't surprise me...I'm seeing things happening in the last 2 years that upends all I've learned in 40yrs of business.

    Thanks for the warnings,Mr Shaw...thats why you are on my favorites list..
    Mar 20 01:05 PM | 3 Likes Like |Link to Comment
  • Bailing Out the Homebuilders [View article]
    Unbelievable...along with 7k refunds for single moms,tax collections will be in the red at this rate...

    We are truly living in the land of make believe...
    Mar 19 06:30 AM | 5 Likes Like |Link to Comment
  • The U.S. No Longer Controls the Price of Oil [View article]
    Any discussion of oil pricing in the US must center around the Dollar and gov. fiscal irresponsibility...

    I don't see that in this article..
    Mar 19 03:43 AM | 5 Likes Like |Link to Comment
  • Some Very Interesting Things Are Happening With the Markets [View article]
    DFS is up a little near the close and look at the VIX....there is no fear..
    Mar 12 03:45 PM | Likes Like |Link to Comment
  • Retail Sales Numbers Surprise, In a Good Way [View article]
    Tax refunds indeed...10s of millions received 6k or more fed refunds

    Many more qualified for the EIC,since incomes were down,than last year.
    Mar 12 03:22 PM | 2 Likes Like |Link to Comment
  • Retail Sales Results Hint at Economic Strength [View article]
    Hate to tell ya....this is a tax refund stimulus effect.

    Single women with children and lower income families received 6-7k refunds, in some cases,more than their years income....most of it spent immediately...

    The difference this time,many more families qualified for the Earned Income Credit,due to job stress in the economy.
    Mar 12 03:17 PM | 4 Likes Like |Link to Comment
  • CNBC and Fox Business are constantly building up their Warren Buffett appearances, including live coverage of today's charity-auctioned $1.7M lunch. And each time Buffett still loves Dairy Queen, still owns Wells Fargo (WFC) and Amex (AXP), still says not to bet against America; we get it, so enough Oracle already, says John Shipman.  [View news story]
    Nothing wrong with having a positive attitude.

    Now is the time to help the disadvantaged and those down on their luck,due to the downturn.It's incredible how good it makes you feel..
    Feb 22 06:52 PM | Likes Like |Link to Comment
  • IMF Gold Sales vs. Alchemy of Gold Futures: What’s the Impact on Future Gold Prices? [View article]
    There are countless tons of scrap gold being cycled every month in the US,alone.Gold parties,TV ads,pawnshops,jewelry stores,weekend hotel buyers,etc.

    This gold is not recycled into new jewelry...there is very little retail demand.Where is it going?

    I've tried to find out,with no success..I only know it makes it to one of many refiners...but where from there?
    Feb 18 04:21 AM | 4 Likes Like |Link to Comment
  • Four More Years of Ben Bernanke [View article]
    The beatings will continue....
    Feb 4 06:56 AM | Likes Like |Link to Comment
  • U.S. Home Prices: Essentially Flat for Over a Century [View article]
    I've owned and sold seven homes in the last 35yrs...for that effort,I have about 100k directly related to that activity.

    If I had bought a couple of shares of Berkshire with a small portion of the profits with each sale,where would I be?

    Ah,and if a frog had wings...
    Jan 27 04:42 AM | Likes Like |Link to Comment
  • FDIC Friday Lotto: Another Reason Why Banks Are Not Lending [View article]
    "Healthy bank" is a relative term...All banks that have loans on the street,are at risk for losses they cannot possibly reserve for.

    Just some are "healthier" than others...
    Jan 27 04:22 AM | 1 Like Like |Link to Comment
  • Wal-Mart Job Cuts: Signs of Apocalypse or Just Job Shuffling [View article]
    The ones I have encountered at Sam's have zero personality or sales skills.Just old women heating and cutting unhealthy junk food.

    They would be better off deep sixing that whole approach...
    Jan 25 03:09 PM | 1 Like Like |Link to Comment
  • Lumber Prices Forecast Housing Stability [View article]
    In the past,lumber prices were inverse to interest rates...higher rates=lower lumber....lower interest rates=higher prices for lumber and other materials.It may be different this time,with QE as far as the eye can see....

    Hell,I remember when a 2x4 stud was .80 cents....
    Jan 2 12:16 PM | Likes Like |Link to Comment
  • STEC Up Ten Sessions in a Row [View article]
    I'm really gun-shy now,after getting my butt handed to me trying to short these kinds of run-ups.

    Remember the adage...where there's smoke,there is fire...takeovers sometimes happen unexpectedly...someone always knows in advance(read Squid)..
    Dec 28 05:54 PM | Likes Like |Link to Comment
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