Seeking Alpha

John Leszar

John Leszar
Send Message
View as an RSS Feed
View John Leszar's Comments BY TICKER:
Latest comments  |  Highest rated
  • A Once In A Generation Change For Stocks [View article]
    Well, that just depends to which church you are talking about. How many clergy live like the examples shown? Mine doesn't. Most don't.
    Our little church of 300 people doesn't even have a church building. We rent space in a public school gym every Sunday. Our little church contributed over $2 million to worthy causes in the past 8 years.
    That's why I "tithe to the church."
    Oct 31, 2014. 12:22 AM | 12 Likes Like |Link to Comment
  • Precious metals and miners slammed by interest rate fears [View news story]
    Back that up with proof, Billionaire888. Show me the stats comparing CNN viewers with Fox viewers. If you can't, get off your political soapbox. This is a financial website.
    Mar 6, 2015. 09:48 PM | 10 Likes Like |Link to Comment
  • Precious metals and miners slammed by interest rate fears [View news story]
    I agree with Abigsoxfan. There were trillions of dollars added to the Fed's balance sheet, created out of nowhere. That IS printing money. The phrase "printing money" doesn't necessarily mean printing greenbacks.

    As far as his comment about the employment numbers possibly being BS, that is not the case. But if you understand that one of the reasons that the unemployment rate went down was because 175,000 people left the job market in February, then that is why those numbers can't be trusted. Plus we have nearly 93 million people who have left the job market. The real unemployment rate (U6) is 11%.

    This so called "recovery" is a complete farce. Don't hold your breath waiting for the Fed to repay GOV bonds purchased with make believe money. It is all a big fairy tale.
    Mar 6, 2015. 09:36 PM | 10 Likes Like |Link to Comment
  • Victory For The Bears [View article]
    "Many people are looking at participation rates and saying that many people have given up looking for work. I suggest that it's just more people retiring."

    There are nearly 10 million people out of the labor force and it is NOT because of retirement....unless you want to count forced retirement.
    Oct 25, 2014. 02:28 PM | 8 Likes Like |Link to Comment
  • Long-Term Treasury Bonds Are My Largest Position, Should It Be Yours? [View article]
    About 5 months ago I started reading your comments about where you thought TLT and long dated Treasuries were headed. Your comments about deflation and the outlook for equities got my attention. About 4 months ago I took the plunge and invested heavily in TLT, probably a lot more than you would have recommended. My paper capital gains have been enormous.

    Could I lose it all tomorrow? Sure but I don't think so for many of the reasons pointed out in this article. Mostly I believe that TLT and long dated Treasuries are in high demand now and will be in the near future. It is not just American investors, the whole world wants these kinds of investments.

    It was not so long ago that people were criticizing your call for $40 per barrel oil. Now you are within 8 bucks and the snickering has subsided. Nobody can make exact calls, but you've come pretty darn close since I've been following you.

    My wife and I are going to build a new house soon. The budget was getting awfully tight. Now we can add an extra wing to the place!

    I want to publicly thank you for expressing your point of view. You got me thinking about things that had never crossed my mind. And I'm much better for it.

    Thank you,
    Jan 6, 2015. 07:13 PM | 7 Likes Like |Link to Comment
  • A Once In A Generation Change For Stocks [View article]
    Probably because they don't like anything about churches to begin with and they want to blame religion.
    Oct 31, 2014. 12:27 AM | 7 Likes Like |Link to Comment
  • A Once In A Generation Change For Stocks [View article]
    Oh my, stockdunn. Are you really advocating killing an unborn baby as a consideration given for financial success? How about people just keeping their pants or panties on! Or taking responsibility for theirt actions. Let's start making moral decisions and leave the politics out of it.
    Oct 31, 2014. 12:47 AM | 6 Likes Like |Link to Comment
  • Futures slip, gold gains after Ukraine vote [View news story]
    California was historically part of Mexico and over 50% of the entire state population are now Hispanic. Even far more Hispanics live in the in southern half of California. I don't think it would be a good idea for part of California to succeed from our country.

    The Ukraine is not much different. In addition to Crimea (which is geographically and economically strategic, the eastern half of Ukraine is Russian speaking too. Should we let the Russians have that too?

    The are other countries that were part of Russia and are now happy not to fall under the the brutal power of the Russians. This is a lot more serious than is being suggested. Although it certainly fits with the amateurish foreign policy of the current administration.
    Mar 16, 2014. 10:28 PM | 6 Likes Like |Link to Comment
  • Still Holding Short-Term Treasuries? Lose The Risk And Choose This Instead [View article]
    If you really are in Paris, it would explain why you are so out of touch with the real economy here in America. Most everyone that I know are hanging on by a thread. The only people doing "better" are the ones that are getting all of the government handouts courtesy of the few that are still working via the Obama administration. Wait until the "Affordable" Care Act really kicks in. That ought to deliver this nation in a hand basket to it's final destination.
    Oct 29, 2013. 02:13 PM | 6 Likes Like |Link to Comment
  • Silver Trading Range Ready To Change [View article]
    Mark Thomas,
    I have been on a slow learning curve with precious metals for the past couple of months. I've been reading everything I can so that I could be in a position to invest wisely. Your article was excellent! Thank you for such an in depth analysis. It really helped me understand why I need to get into this segment of the market. I jumped in today in a small way and will follow with more shortly. (My wife doesn't know it yet but she'll be investing in silver pretty soon too!)
    Oct 31, 2012. 03:11 PM | 6 Likes Like |Link to Comment
  • What You Need In Order To Retire Before Age 65 [View article]
    Mostserene1, I think you are a little confused about SS "excess funds". Since the Social Security program began, the contributions have exceeded the monthly payouts. Of course they did, because there were more people paying into the fund than who were receiving the benefits. In theory, all of those funds should be sitting in a huge multi-Trillion dollar Trust fund.

    But the "trust fund" was raided and spent by the government. Sure they gave us Treasury notes in exchange. Would you like to collect on that? Good luck, because it is part of the $15.5 Trillion National Debt. To make matters worse, it appears the only way out of this mess is for the taxpayer to be taxed again for the SS taxes that were 'borrowed'.

    Social Security is the biggest Ponzi scheme that has ever been perpetuated on our citizens. You may believe there are surplus monies in the Social Security program, but I don't.
    Apr 5, 2012. 06:26 PM | 6 Likes Like |Link to Comment
  • What You Need In Order To Retire Before Age 65 [View article]
    I've checked the facts:
    "(CBS News) The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency.
    The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office."
    Worse yet, there is no relief in sight and the national debt is expected to hit $16.3 trillion during 2012.

    I do like your retirement portfolio suggestion though........

    Apr 5, 2012. 03:59 PM | 6 Likes Like |Link to Comment
  • Gold Is Not In A Bear Market [View article]
    I just click the "like" button if I agree with someone's question. Saves everybody time and still makes a point.
    Oct 2, 2014. 04:52 PM | 5 Likes Like |Link to Comment
  • Silver: Breakout Or Breakdown? [View article]
    I know what you are trying to suggest to Avi and I agree. Avi has fallen into the trap of responding with arrogance. It would be better to explain what he is talking about instead of making mocking remarks to those that disagree with him.

    One other thing. Avi should try to "educate the ignorant." Ignorance is just lacking knowledge about a subject: uninformed. Ignorance is okay; stupid is not. Avi seems to treat detractors as if they are all the latter.
    Aug 2, 2013. 04:08 PM | 5 Likes Like |Link to Comment
  • Annaly: Buy This High-Yielder After The Next Capital Raise [View article]
    And if they own the stock, people accuse them of trying to manipulate the price. Damned if they do and damned if they don't.
    Apr 27, 2012. 09:16 PM | 5 Likes Like |Link to Comment