Canadian investor, retired Chemical Engineer with wide International experience in marketing and management of multinational science-based companies; presently a member of PDAC and ACS.
Options trader with roughly 20 years experience in the financial markets. BA in History and MBA in Finance from the University of Connecticut. I have also written for CNBC.com, TheStreet.com, the Motley Fool, and NASDAQ.com. Advanced options strategies are used but priority is limiting risk rather than chasing upside.
There's an old adage : Teach a man to fish and he will eat for life. Updated version: The rule has become : Give a man someone else's fish and he will vote for you ! ..................................................................................................................... Capital is fungible,when used properly it goes where it is best employed. Fiat money in America is created solely as a result of the Federal Reserve system. Therefore it is totally accurate to say that the Federal Reserve system generates our most unfair tax. Both the tax and the system that makes it possible should be abolished. The political scientist who authorized this process of monetizing the national debt and the monetary scientist who carry it out know that it is not true debt. It is not true debt because no one in Washington really expects to repay it, ever. The dual purpose of this magic show is simply to create free spending money for the politicians without the inconvenience of raising direct taxes and also to create a perpetual river of gold flowing into the banking cartel. ........................................................................................................................ Each year since 1969, Congress has spent more money than its income. The Treasury Department has to borrow money to meet Congress's appropriations.The Congressional Budget Office web site's deficit analysis will show this . We have to pay interest* on that huge, growing debt; and it dramatically cuts into our budget.
Forget who wrote this but I liked it.
Some people refer to a "dollar" when actually they mean a Federal Reserve Note? In spite of what is written on the Special Linen Paper with special Ink: in the middle of the bottom "One Dollar". Please do yourself a favor and do not be fooled, it is, as is spelled out across the middle top: "Federal Reserve Note" (NOT a United States Dollar).
Genuine United States Dollars are a thing of the past. They existed long long ago when each and every genuine United States Dollar was backed by three quarters ounce of (very) genuine silver. Repeat: each and every United States Dollar was backed by three quarters of one ounce of genuine United States Silver. No More. Quoth the Raven: "Nevermore" (too expensive, our currency to cheap).
These are Federal Reserve Notes, backed by (hot) air. Beware of them, they are in decline now and there is nothing to stop their further slide, even acceleration in the rate that they slide. They will NOT be stopped, in their decline, by the value of three quarters of one Troy Ounce of Silver. That support/guarantee ended long ago. Back then you could visit any U.S. Bank, during business hours, and exchange paper for genuine silver dollars (real silver). Try exchanging any Federal Reserve Note for a (90% Silver U.S. Morgan or Peace) Dollar TODAY and you might find yourself good for a laugh-out-loud. What you will not get is, in exchange for these Federal Reserve Notes which pretend to be U.S. Dollars (after all it says "Dollar" right there in special ink written on the special linen paper!), a Genuine Silver Morgan, Peace or even an 'Ike' (less Silver but some Eisenhower Dollars have Silver in them) United States Dollar.
In Winter the media and leftist call it "Climate Change" in the Summer they make sure to refer to "Global Warming"
It's always a psychological warfare with the anti-logical left. They need to demoralize those that believe in truth.As a matter of fact they must demoralize their own followers in the democrat party to gain traction. They can't be for good ,they lose power if they are.
Quoting 18th century Scottish historian Alexander Fraser Tytler:
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the result that a democracy always collapses over loose fiscal policy followed by a dictatorship. The average age of the world's great civilizations has been two hundred years. These nations have progressed through the following sequence: from bondage to spiritual faith, from spiritual faith to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependency, from dependency back to bondage."
For I am convinced that neither death nor life, neither angels nor demons, neither the present nor the future, nor any powers, neither height nor depth, nor anything else in all creation, will be able to separate us from the love of God that is in Christ Jesus our Lord.
Romans 8:38-39 (NIV)
This market is a booby trap. I never voted for Trump until it was down to voting for the end of America ala 44 (Hillary), or Trump. I stated at the time of the election in 2016 that if a pro American won watch out they will pump and dump the markets that they have set a time bomb in. And so it goes,the sell out id already baked in the cake,we have been auctioned between a globalist and an individualist. Thank God the CCF has met their match politically. No one could ever out lie the Clinton Crime Family.We will see how much the corruption that Trump is battling turns him into one of them or a warrior for Americans . At least he drew a line in the sand ,even if you don't like the way he fights dirty against the most corrupt people on the planet like Soros etc. The markets will go through the floorboards if they have their way . February 2018
When Buffett started buying silver, it was just under $6 an ounce (silver now trades at over $13). It wasn’t until 2006 that Berkshire made its move to cash in on its hefty investment in silver; however, that move is still considered controversial.
Buffett to the rescue? In 2006, the first Silver Exchange Traded Fund (SLV) owned by Barclays was trying to get approval from the SEC by promising that it would hold silver to back up its shares.
"At that time, the newly proposed fund could only take delivery on a portion of the needed amount of silver because of tight supplies and Barclays was rumored to have borrowed or purchased over 130 million ounces of silver-about the total amount held by Berkshire Hathaway at the time.So about the same time that the new fund (SLV) was looking for physical deliveries of silver, Berkshire Hathaway sold out its entire stock. Buffett said he sold at about $ 7.50.
Subsequently, the new fund (SLV) was approved and went active on the American stock exchange on August 28, 2006.
But the genius of Buffett was called into questions as it appeared that he sold way too early; the price of silver has more than doubled from Buffett’s average purchase price of around $6 per ounce. Many-including Buffett himself- felt he sold out too soon."
This was written by a 21 yr old female who gets it. It's her future she's worried about and this is how she feels about the social welfare big government state that she's being forced to live in! These solutions are just common sense in her opinion.
This was in the Waco Tribune Herald, Waco , TX , Nov 18, 2011
PUT ME IN CHARGE . . .
Put me in charge of food stamps. I'd get rid of Lone Star cards; no cash for Ding Dongs or Ho Ho's, just money for 50-pound bags of rice and beans, blocks of cheese and all the powdered milk you can haul away. If you want steak and frozen pizza, then get a job.
Put me in charge of Medicaid. The first thing I'd do is to get women Norplant birth control implants or tubal legations. Then, we'll test recipients for drugs, alcohol, and nicotine. If you want to reproduce or use drugs, alcohol, or smoke, then get a job.
Put me in charge of government housing. Ever live in a military barracks? You will maintain our property in a clean and good state of repair. Your home" will be subject to inspections anytime and possessions will be inventoried. If you want a plasma TV or Xbox 360, then get a job and your own place.
In addition, you will either present a check stub from a job each week or you will report to a "government" job. It may be cleaning the roadways of trash, painting and repairing public housing, whatever we find for you. We will sell your 22 inch rims and low profile tires and your blasting stereo and speakers and put that money toward the "common good.."
Before you write that I've violated someone's rights, realize that all of the above is voluntary. If you want our money, accept our rules. Before you say that this would be "demeaning" and ruin their "self esteem," consider that it wasn't that long ago that taking someone else's money for doing absolutely nothing was demeaning and lowered self esteem.
If we are expected to pay for other people's mistakes we should at least attempt to make them learn from their bad choices. The current system rewards them for continuing to make bad choices.
AND While you are on Gov't subsistence, you no longer can VOTE! Yes, that is correct. For you to vote would be a conflict of interest. You will voluntarily remove yourself from voting while you are receiving a Gov't welfare check. If you want to vote, then get a job
David J. Waldron is a Seeking Alpha award-winning author.
David actively conducts research and manages investments for his family portfolio in real-time, then publishes the results for his Marketplace subscribers as the Main Street Value Investor Large-Cap Total Return (MSVI-LC), Small-Cap Total Return (MSVI-SC), Dividend Income (MSVI-DI), and Passive Index ETF (MSVI-PI) model portfolios. MSVI is for everyday investors seeking value-oriented strategies designed to help them grow and preserve wealth or income to finance the significant milestones in life.
David was awarded a B.S. in Business Studies from Stockton University and completed the Practice of Management Program at Brown University. He and his wife, Suzan, live near Harrisburg, Pennsylvania USA.
Fund Manager of Peachtree Capital Management, LLC.
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All comments or posts are explicitly the opinion of Peachtree Capital Management ("PCM") and is not investment advice. PCM may or may not hold positions in discussed securities. PCM, and all directors of PCM are in no way liable for any statement that may influence a reader to purchase or sell any given security. Any investment may go up or down in value. No statement by PCM shall constitute an offer or solicitation to invest in any Fund managed by PCM. No statement by PCM shall constitute an offer to engage in any form of business transaction with PCM, subsidiary entities of PCM, or directors of PCM. PCM is the administrator to the Peachtree Capital Long/Short Value Fund.
Retired 77 year old that still has some of his mental facilities. Worked for large corporation and , along with my family, started 3 profitable businesses. Likes Southern food, conservative thinking people, Las Vegas and enjoying my wife and family.
Still believe I can beat the market by playing options (did I say I like to gamble?). I don't waste my time with empty headed liberals. Despise crooked politicians that may destroy our country. Ronald Reagan, second after my dad, was my hero.
Been doing this for about 5 years now and starting to get the hang of it a little bit thanks to great people and sites like this one. I am focusing mostly on Video game stocks in particular the Japanese ones which have been overlooked. I like to short stocks as well which has been rough in the market. Fan of Andrew Left even though I should have covered CC much earlier!! Biggest short AVXS biggest long NTDOY. Message me with any thoughts or ideas. I'm working on an article for the Japanese video game developers...
carefully investing but more often investigating; have had 6 decades of remembered losses in both public markets and private placements. Still a board member of a newsworthy nonprofit; still holding shares in companies seeded long ago but not yet having reached their investor exits. Trying to be thoughtful about investments and enjoying the experience. Becoming less current all the time, likely you can only be finding me a doddering old fuddy duddy for what I post here.
Novice investor just getting started like the idea of owning gold but find silver more affordable and a better use for bartering. Looking to move 457 contributions to a investment vehicle that will keep up with hyper-inflation. Not sure of timetables but feel the sooner the better. Looking for ways to keep uncle sugar from taxing our hard earned cash that has taken over 30 years to accumulate. Need some help in determining which way is best? thanks
I am a Special Situations/Value Investor, I invest in Relative value arbitrage situations, Bankrupt and Distressed situations, I have 20 years Experience as a bankruptcy/ legal consultant, Financial/ White Collar Fraud Investigator. I am also a Strategic Inflection Point manager/consultant
Best investments include (GGP) General Growth Properties (HPY) Heartland Payment Systems (WMIH) Washington Mutual Inc. (NFLX) Netflix. I am currently Long Fannie Mae (FNMA) (FNMAS) (FNMAT) Sears Holdings Inc. (SHLD) Sears Holdings Inc/Warrants (SHLD.WS) Sears Canada (SRSC) Seritage Growth Properties (SRG) FIAT Chrysler, (FCAU) SYNCORA (SYCRF) Pershing Square (PSHZ) Fairholme Funds (FAIRX) I am short Herbalife (HLF)
I am a value investor to the greatest extent possible. I also favor dividend stocks. I try to be a buy-and-hold investor, but sometimes I can't avoid the tempation to ring the register or to accumulate the inevitable tax loss. The main thing I have learned is that I have lost more money by selling too soon than for any other reason. I reside in Henderson, NV.
Interest in long term stock ideas. Large positions in Nestle, CL, ABT, JNJ, FNV, RDS-A, PG, DEO, BDX, DHR, HD, 3M, NKE. Currently building up positions in BF, CSCO, XOM, PFZ, and gold miners. I believe gold mining companies are historically undervalued and will be revalued when gold catches a big.