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John Leszar

John Leszar
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  • Cullen/Frost Bankers: A Safer Way To Trade Oil Prices [View article]
    I hope you aren't suggesting plagiarism. Not even close.
    Nov 24, 2015. 04:38 PM | 1 Like Like |Link to Comment
  • Gold takes out new multi-year low [View news story]

    "the banks could purposely bankrupt each and every gold miner and snatch them up for pennies on the dollar."

    That is so far from reality. Banks NEVER want to take over a company or its assets in return for a loan. When a bank forecloses or calls a loan due, they ALWAYS lose money.

    "Banksters...What a joke.
    Nov 17, 2015. 02:31 PM | Likes Like |Link to Comment
  • Is It Finally Time To Buy Financials? [View article]
    Are you saying that bank loans that are out of the bank's normal lending area do not show up on their balance sheet as assets? They just disappear because they purchased derivative contracts?

    I don't think that is correct. I think the loans still show up. But the banks believe that they have reduced their risk with the derivatives.

    Correct me if you think I'm wrong.
    But I agree with you that bank lending practices need to be better regulated.
    Nov 14, 2015. 10:02 PM | Likes Like |Link to Comment
  • Breaking Down The Bull [View article]
    I'm in the same position as you. Investments can make or break someone in retirement mode. It's a lot easier to take risks (and brag about it) when there is enough time left to make up a big loss.
    Nov 6, 2015. 03:45 PM | 5 Likes Like |Link to Comment
  • Commodities and the dollar on the move as China cuts rates [View news story]
    Your last two posts on SA have ended with "go Bernie."
    Bernie is not going anywhere. Why anyone would want an avowed socialist for President is beyond me.
    Oct 23, 2015. 01:38 PM | 3 Likes Like |Link to Comment
  • Goldman on gold: Sell the rip [View news story]
    Peter Palms,
    Interesting comments. When you say: "Again, all deposits are debts to the account holders that are to be paid in cash upon request. But all the money on deposit was also created by people going into debt when they took a loan.", are you referring to Assets and liabilities on the the bank's balance sheet?

    Deposits are liabilities to banks and loans are assets. Is that what you are saying?

    And where is this "part 2" that you refer to?
    Oct 22, 2015. 04:59 PM | Likes Like |Link to Comment
  • Deflation Warning: The Next Wave [View article]
    I don't think Fulton is saying exactly that. He goes on to explain that the money supply must go into the real economy before money is really "printed".
    I can accept that. But I understand your reservations.
    Oct 18, 2015. 10:49 PM | Likes Like |Link to Comment
  • Resist The Urge To Chase This Market [View article]
    Isnt it just money,
    I like your Forest Service and Federal Reserve analogy. Both agencies are causing more problems by not making good, long-term decisions.

    Now, if the USFS would just allow some of those trees to be cut and sold before the next major conflagration, we'd all be better off.

    Perhaps someone could suggest something similar for the FED before our whole economy goes up in flames.
    Oct 18, 2015. 10:16 PM | 1 Like Like |Link to Comment
  • Fed's Tarullo: No rate hike this year [View news story]
    Yawn, wake me up when you stop ranting about conservatives and start worrying about how we get out of this fiscal mess and floundering economy.
    Oct 13, 2015. 03:07 PM | 12 Likes Like |Link to Comment
  • Treasurys to the moon after lame jobs report [View news story]
    Ha! The economy is on the ropes, the current administration's "plan" hasn't worked, and you want to blame it on some future "wacko conservative."
    Oct 2, 2015. 12:06 PM | Likes Like |Link to Comment
  • Deflation Warning: The Next Wave [View article]
    You don't have to listen. But you might note that his forecasts are not about what will happen tomorrow but are long-term projections. I'm not even sure Contrarian would call them "projections." But he was one of the few that spoke of buying long-term treasuries because the rates were going to drop. Most everybody else were saying rates would rise.

    It is not "this time around." These things won't happen tomorrow or next week.
    Oct 1, 2015. 12:14 PM | 7 Likes Like |Link to Comment
  • Oil continues surge; gold on the move as well [View news story]
    Unlike you, SA deleted a comment that I had made in response to an outrageous post that someone else made, whose comment they had deleted.

    Then they sent me a warning because they had deleted my comment, even thought there was nothing offensive about it. I complained, but I've now got a mark against me for a "deleted comment."

    Either way, SA is not treating their customers fairly.
    Aug 28, 2015. 02:50 PM | 2 Likes Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    Let's hear it for MrStoner2udude, who has a sense of humor and didn't respond with vitriol. Kept it civil. A real stand-up man!

    And a good example for all of us on Seeking Alpha.
    Aug 26, 2015. 11:48 AM | 1 Like Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]

    "You're entitled to your own opinions, but not your own facts."
    That is a worn out cliche' that people use when they can't refute the facts they are presented with. So which of my facts do you want to refute?

    I'm not spewing "anti-Obama rhetoric" if I just repeat what he said. Actually you are missing my whole point that started with a "do-nothing Congress" comment. The President proposed it and the Congress passed it. Most of them are idiots and have made our country worse off.

    You can defend this administration all you want. I'm beyond defending individual parties or individuals.
    Aug 25, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • Stocks: Perspectives On The Selloff [View article]
    The "facts" are that this administration indebted our nation to over $750 billion on what they said were "shovel ready" jobs. Obama later joked that 'I guess the jobs weren't all shovel ready'.

    I don't think that is funny. If, as you say, only $46 billion went into infrastructure, do you ever wonder where the rest of it went? $700 billion was paid out to union/government jobs. That is not "sensible fiscal policy."
    Aug 24, 2015. 11:52 AM | 2 Likes Like |Link to Comment