Seeking Alpha

JohnLocke

JohnLocke
Send Message
View as an RSS Feed
View JohnLocke's Comments BY TICKER:
ANGI, BBK, FXE, GM, GME, GS, KWT, S, SPY
Latest comments  |  Highest rated
  • Never mind what's happening in Europe, a Giants victory over the Patriots in the Super Bowl this Sunday may be all we need for these markets to really take off. The Super Bowl Indicator - which has an 80% predictive success rate - says that if an NFC team wins, the stock market will post significant gains for the year. Meanwhile, an AFC win signals a negative year for the markets.  [View news story]
    I will stick to casting chicken bones and tea dregs.
    Jan 31 10:02 PM | 3 Likes Like |Link to Comment
  • 25% Of The World Economy Is Fake? Imagine The Alternative [View article]
    The FED and Centralized banking are both the cause and the solution to our problems, We should all have a problem with that...

    A PRIVATE Group of bankers (THE FED) should not have this kind of control.
    Jan 8 03:53 PM | 3 Likes Like |Link to Comment
  • Just days before its collapse, MF Global unloaded hundreds of millions of dollars of securities to Goldman Sachs, but was unable to get its hands on at least part of the cash as its clearing firm, JPMorgan, withheld the funds, according to sources. It's possible these transactions and the withheld money could explain some of the unaccounted funds at the firm.  [View news story]
    Didn't we all know deep down that GS was involved in this as well...LOL
    Jan 3 10:33 PM | 3 Likes Like |Link to Comment
  • Four months after S&P stripped the U.S. of its AAA credit rating and said the U.S. was no longer the safest of borrowers, investors flocking to dollar-denominated assets highlight the S&P's absurdity. Long-term Treasurys are the world's best performing government bonds in 2011, returning ~30%. Why did the S&P overlook the ability - unlike European countries - to print one's own currency?  [View news story]
    So the assumption is that since the world is scared and we are seeing an influx of capitol that somehow makes the S&P's decision wrong?

    Where else would you place your money but with the great and powerful OZ... I mean the US FED System.
    Dec 19 05:47 PM | 3 Likes Like |Link to Comment
  • Printing money can't solve global debt problems, says legendary hedge fund investor Julian Robertson. Sadly, it's the overwhelming strategy being used today by global leaders, but it creates tremendous volatility in the market and doesn't get us any closer to fixing our problems. Unfortunately, as long as the printing presses around the world keep running, politicians will avoid the difficult decisions - like necessary cuts in spending - and take the easy way out rather than risk losing votes. (video)  [View news story]
    It started with Dumb democrats who don't make an effort to learn history so they try berate any counterpoint to make themselves feel better...

    Better look back to the war of 1812 (Democratic Republican James Madison)

    The Deficit ballooned during a little skirmish (WWII) started by Democrat FDR and continued under his Democrat Vice President then President Harry Truman lets not forget that cheap little explosion of Social engineering called "The New Deal"

    The point is don't close your mind and think Deficit spending is a recent problem, It's not... It is also not strictly a Democrat or Republican Issue so don't be petty:-)
    Dec 15 10:37 PM | 3 Likes Like |Link to Comment
  • The Federal Reserve reports foreign banks tapped the dollar swap facility for $52.4B of loans in the week ended December 14, substantially more than the $2.3B borrowed the previous week.  [View news story]
    Any chance we will see the terms of these "LOANS"?
    If we are swapping currencies of equal value why the need for a swap? The answer is we are not swapping for equal value, we are swapping our strength to curb their weakness.
    The term "Swap" is used to make people believe there is no risk involved...
    Remember under terms of these swaps the FED believes it has NO exposure to risk because they are not actually lending these swap dollars on the European secondary markets the European banks the fed is lending to are...

    The analogy is simple: I loan (Swap) you 20 bucks and you then loan out the 20 bucks I loaned you. I have no risk because I loaned it to you but you carry all of the risk because you actually loaned it out...Comedy
    Dec 15 05:48 PM | 3 Likes Like |Link to Comment
  • First Solar's (FSLR +7.1%) agreement to sell its 550-megawatt Topaz Solar Farm power plant removes an overhang on FSLR shares, but Auriga sees broader implications: The deal is proof that "high quality projects will get financing even in a dislocated macro environment... and will have a positive perception effect" on SPWRA, WFR and others in downstream projects.  [View news story]
    I can only imagine the kind of Income Streams / Government Cheese Loans Buffets boys will have access to.

    Since the Topaz Solar Farm Power Plant is not built yet kinda funny that it has been sold, If this project does not have any DOE Green loans tied to it you can bet Buffet will get them.

    Talk about a shakedown...
    Dec 7 10:08 PM | 3 Likes Like |Link to Comment
  • Market recap: Stocks surged to their best day since March 2009, driven by three major events: aggressive intervention by world central banks, China’s monetary easing and a strong U.S. hiring report. But when the dust settles, investors may realize the first two of those drivers actually underscore the fragile state of the global economy. Advancing stocks on the NYSE led decliners five to one.  [View news story]
    This action was actually an offer of "Loans" that required collateral..

    Until we know the FEDS / taxpayer exposure and exactly what collateral was taken in return for this deal it is a bailout plain and simple...

    Spin it any way you want but the FED and the US taxpayer are now on the hook for PIIGS debts (Even if they are on our TBTF banks balance sheets)
    Nov 30 10:00 PM | 3 Likes Like |Link to Comment
  • Bernanke urges US to learn from emerging nations [View article]
    Helicopter Ben you are a tool...

    Third world growth is based on businesses greed and countries that are willing to let there people be slaves and there environments destroyed...

    P.S. BEN if you get the USA wrapped up in the 2T EU bailout without bringing it to the people, you should be brought up on charges.
    Sep 28 09:21 PM | 3 Likes Like |Link to Comment
  • The low yields on U.S. Treasurys send a "clear and unequivocal" message, asserts Cazenove's Robin Griffiths: The U.S. is in a depression, not just a recession. To fix it, we need to be on a different course than the one we're on right now, he says. "We need small government, low taxes, and low regulation, but what we have is big government, big taxes, and big regulation, which is not going to work." (Video).  [View news story]
    Chinas success has nothing to do with Keynes and everything to do with a Communist state that is willing to sacrifice it's people and its environment for $$$

    Go 15 miles outside of Beijing and marvel at the barefoot half naked children moving bags of rice on the backs of donkeys down dirt roads, China is a facade built on the backs of slave labor.
    Sep 19 07:05 PM | 3 Likes Like |Link to Comment
  • In an interview with Der Spiegel, George Soros thinks the market's decline guarantees a double-dip recession. Soros also believes Angela Merkel helped cause the EU's debt crisis by stating financial support should be granted by member states individually, rather than through a joint EU effort. (previously)  [View news story]
    Could not have said it better...
    Aug 22 08:28 PM | 3 Likes Like |Link to Comment
  • "The markets want to force us into doing certain things - and that we won't do," says Angela Merkel in an interview to be aired tonight. "Eurobonds are not the answer" to solving the current crisis ... "This is a hard and arduous path, which we will not be able to avoid by means of some magic bullet."  [View news story]
    "Solving the current crisis will not be possible with eurobonds, and so eurobonds are not the answer," Merkel said in an interview with ZDF television.
    Aug 21 05:01 PM | 3 Likes Like |Link to Comment
  • High frequency traders are likely to find themselves facing even greater scrutiny after this week's market turmoil. HFT volumes have exploded lately, asserts Wedbush Securities. "Some of their algorithms and automated systems are trading two, three or five times as many shares as they would have in a more normalized volatility environment.”  [View news story]
    HFT & Front Running go hand in hand and are fraud plain and simple.

    Black Pools are another area where once the average investor learns about them they realize they are just shills for the shell game.

    HFT provides market liquidity that's a laugh! The liquidity is trapped in the thousands of transactions per second and is untouchable by mere mortals...
    Aug 12 08:00 PM | 3 Likes Like |Link to Comment
  • Platinum Cheaper Than Gold: A Rare Opportunity [View article]
    I notice this EXACT same advice being Pushed on a few other websites without even changing the format (cut and paste job)...

    www.elitetrader.com/vb...

    www.reuters.com/articl...

    Care to elaborate??? I'm gonna go ahead and bet against this one:-)
    Aug 10 11:15 PM | 3 Likes Like |Link to Comment
  • The FDIC approves subjecting big banks to the same minimum capital standards as community banks, doing away with big banks' ability to substitute "internal management assumptions" about how much capital they need around. It won't require new capital, Sheila Bair says, but will act as insurance "when the crisis is forgotten" that levels will be safe.  [View news story]
    Do the Big banks get to count the Taxpayer dollars they have received as part of their minimum capitol standard (sarcasm).

    I'm curious about the timing of this announcement and why TBTF banks were being held to a different standard in the first place, I wonder if it has to do with the fact that the TBTF are the Feds Primary Dealers?
    Jun 14 11:09 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
381 Comments
648 Likes