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fatcat

fatcat
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  • So, Jim, It Is (Has Been) a Depression After All? [View article]
    You're calling Cramer a journalist??....he is just another Wall St shill and I seriously doubt politicians pay much attention to him.

    I know I don't....
    Apr 3 05:40 AM | 19 Likes Like |Link to Comment
  • Obama Placing the Economic Cart Before the Horse [View article]
    A simple,but concise explanation,even a dummy could understand.

    The powers in DC know how it works...they are just waiting for hyper-inflation to level the playing field...so they think..
    Mar 2 10:34 AM | 19 Likes Like |Link to Comment
  • 8 Reasons the Obama Administration Will Not Solve This Crisis by the End of 2009 [View article]
    Mr.Kim is on my watchlist for the exact reason he stated in his last paragraph....he tells it like it is.
    Mar 17 08:09 AM | 18 Likes Like |Link to Comment
  • Gold and Economic Freedom: Reinterpreted for the 21st Century [View article]
    Retail demand for gold jewelry is the worst ever seen.We operate a jewelry and pawn business in a small city of 25,000.We probably sell twice as much as the next biggest competitor,in a average year.

    Yesterday,the day before Mother's Day,we had Zero sales...nothing,notta.... day long...

    Sales are down 75% in 12 months.The only saving grace is scrap gold buys,which are up over 300% for the year.

    I don't know how to interpret what the lack of retail demand has on gold prices,but I can assure you that high gold prices is killing demand.

    A number of jewelers will be closing their doors this year..
    May 10 07:23 AM | 17 Likes Like |Link to Comment
  • Mark-to-Market: The Bogeyman of the 1930s Is Back [View article]
    Mr. Sunshine...I usually agree with you,but not this time.

    No amount of mark-to-magic accounting can save many of these banks with home values down 50% in some parts of the country.Add to that HELOCs and credit card losses,with profitable lines of business shrinking at the banks...and lending down.

    This just creates zombie banks for years to come,helped along by the Government.
    Mar 13 12:20 PM | 16 Likes Like |Link to Comment
  • Wells Fargo: Whatever Happened to Bank Bears? [View article]
    Reggie,apparently you and I are the only remaining bank bears.

    Only a fool would fail to see that the banks are years away from shedding their massive problems..
    Aug 13 11:01 AM | 14 Likes Like |Link to Comment
  • A Trend-Follower Positions for 2009 [View article]
    David has been very right for a long time....the last 3 months were treacherous for anyone but the pro traders.I have 35yrs experience,including 10yrs as a broker,and I got stopped out and whipsawed so many times,I finally went to the sidelines to wait it out.It was maddening to see good trades go by,but better opportunities will come...
    Jan 4 10:24 AM | 13 Likes Like |Link to Comment
  • Thursday Outlook: Commodities, Global Markets [View article]
    Dave,keep your chin up...my prayers are with you and your family.

    Alan.
    May 7 04:30 AM | 12 Likes Like |Link to Comment
  • The Federal Reserve Can Not Account for $9 Trillion in Off-Balance Sheet Transactions? [View article]
    Wow....I'm not sure that woman can manage her grocery list...

    We are so screwed....
    May 11 07:49 PM | 11 Likes Like |Link to Comment
  • Wednesday Outlook: Commodities, Global Markets [View article]
    @Cetin....I don't think Mr.Fry gives advice to the casual reader of SA...just the facts...
    Jul 1 06:36 AM | 10 Likes Like |Link to Comment
  • Friday's Relief Rally [View article]
    Fridays late recovery was just short covering into the weekend.

    After a big down week,who wants to be short with a shoot-from-the-hip administration,mark to market,GM rescue,and who knows what announcement,on Sunday or before the market opens Monday...
    Mar 8 08:59 AM | 10 Likes Like |Link to Comment
  • There's No Lying in Government Statistics: The Labor Market Is Still Down [View article]
    Good analysis,but with some holes...how does several million illegals or legal temps,who live 5 or 6 to the house and send half of their earnings back to a foreign country,change the equation?They consume very little ,but displace other "discouraged workers"

    This was not the case in the 83 recession....so maybe it truly is different this time..
    Jul 2 04:25 PM | 9 Likes Like |Link to Comment
  • Sell in May? Not This Time [View article]
    Your article is a contradiction...you say not this time,but yet you go on to say why you think the rally is overdone.

    Yesterday afternoon was a good time to go away for the average investor....
    May 30 07:30 AM | 9 Likes Like |Link to Comment
  • Has Gold Been Manipulated? [View article]
    Gold prices have held pretty well for awhile now...I don't see any more manipulation here than any other market....just look at what JPM and GS are doing in the stock market.

    With so much gubmint money sloshing around in the system,and much more coming,inflation will be the driver that gold needs...and no amount of manipulation will be able to stop the upward move...
    May 20 05:13 AM | 9 Likes Like |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    Welcome to the GSSE...(Goldman Sachs Stock Exchange)
    Apr 24 05:37 AM | 9 Likes Like |Link to Comment
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740 Comments
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