Archive for August, 2011

• Sprott Picks up the Pace of His PSLV Sales
  Posted by kid dynamite on August 31st, 2011 at 9:32 am, Comments: 0

  The latest 13-D is out, and Eric Sprott has picked up the pace of his $PSLV sales, selling 1,261,500 shares from 8/12/11 to 8/25/11. Date [...]

• Should I Become a Ugandan Gold Broker?
  Posted by kid dynamite on August 31st, 2011 at 8:53 am, Comments: 0

  I received this in my SPAM folder today.  I’m pretty interested, obviously, as $25,000/KG is a pretty sweet price: Hello Goodday, I am Mr. Paul [...]

• Price “Smackdowns” Do Not Deter Futures Longs From Standing For Physical Delivery
  Posted by kid dynamite on August 30th, 2011 at 8:54 am, Comments: 0

  A few weeks ago I debunked a silly misconception – that exchanges raise margin to deter longs from standing for physical delivery (they don’t – [...]

• Either Sino Forest Is Completely Full of Crap, or I Am Missing Something
  Posted by kid dynamite on August 28th, 2011 at 10:04 pm, Comments: 0

  I was actually short Sino-Forest ($SNOFF) coming into Friday.  I remarked to a few friends of mine that I guessed it was probably a once [...]

• Eggplant & Peppers: Bumper Crop
  Posted by kid dynamite on August 27th, 2011 at 12:58 pm, Comments: 0

  Since I went and harvested almost everything that was ripe or remotely ripe ahead of Hurricane Irene, I figured it’s time for another garden update.  [...]

• The Scariest Gold Data Point I Have Seen
  Posted by kid dynamite on August 26th, 2011 at 5:41 pm, Comments: 0

  For anyone with even the most basic understanding of the contrarian nature of crowds in market psychology*, this data point should at least cause you [...]

• Qaddafi’s Condi Rice Crush: Real? Or From The Onion?
  Posted by kid dynamite on August 25th, 2011 at 7:31 pm, Comments: 0

  It’s time once again for everyone’s second favorite blog game: Is it real? Or is it from The Onion? (the favorite game, of course, is [...]

• You Might Find This Post Offensive
  Posted by kid dynamite on August 25th, 2011 at 12:50 pm, Comments: 0

  Consider yourself warned… Seriously – I’m going to talk about Warren Buffett’s scrotum…  If this offends you, click away now.     Now, on to [...]

• BankOfAmerica: If You Don’t Need Capital, Then Why Did You Raise Capital?
  Posted by kid dynamite on August 25th, 2011 at 11:19 am, Comments: 0

  A scant two weeks ago, Bank of America’s CEO, Brian Moynihan, repeated multiple times that his bank didn’t need to raise capital.   There were a [...]

• The Wire
  Posted by kid dynamite on August 24th, 2011 at 8:47 pm, Comments: 0

  The Wire is probably the most raved about show in television history that I have never seen.  Amazon.com has the entire series on 23 DVDs [...]

• Risk Management is for “Pu$$ies” – The Temple Inland Lawsuit
  Posted by kid dynamite on August 23rd, 2011 at 1:51 pm, Comments: 0

  This is an interesting read. Cliff notes:  Temple Inland ($TIN) is being sued by the liquidation group of GFG – Guaranty Financial Group – which [...]

• GLD Passes SPY as Largest ETF (Assets)
  Posted by kid dynamite on August 22nd, 2011 at 3:20 pm, Comments: 0

  As I type this, a little after 3pm, $GLD has surpassed $SPY to become the largest ETF.  Now, there is clearly more money “indexed” to [...]

• Point, Counterpoint (aka: He Said, He Said)
  Posted by kid dynamite on August 22nd, 2011 at 11:20 am, Comments: 0

  Last week, most of you probably read Warren Buffett’s op-ed in the NY Times, “Stop Coddling the Super-Rich.” “Last year my federal tax bill — [...]

• Readings From Last Week
  Posted by kid dynamite on August 21st, 2011 at 7:14 pm, Comments: 0

  I’m back from Chicago, and have a few pieces that are worth your time to read. 1) David Streitfeld, NYT – “In a race to [...]

• Ben Bernanke’s Ipod: Price Tag, Make it Rain, etc.
  Posted by kid dynamite on August 17th, 2011 at 12:19 pm, Comments: 0

  I heard Jesse J’s “Price Tag” on the radio recently and had the epiphany that I could see Ben Bernanke listening to this song on [...]

• Margin Hikes Do Not Deter Longs From Standing For Physical Delivery
  Posted by kid dynamite on August 15th, 2011 at 1:04 pm, Comments: 0

  I just wanted to take a minute to give another quick correction for those poor souls who are still being fed a steady stream of [...]

• Back To Work
  Posted by kid dynamite on August 14th, 2011 at 8:51 pm, Comments: 0

  The day has come: Kid Dynamite is rejoining the workforce.  That’s right: I will be the Assistant Boys Varsity Soccer Coach in town.  We start [...]

• Jon Stewart, Megyn Kelly & Hypocrisy
  Posted by kid dynamite on August 14th, 2011 at 4:49 pm, Comments: 0

  This one speaks for itself (if you can’t see the vid, click here):   The Daily Show – Lactate Intolerance Get More: Daily Show Full [...]

• “Worthy of a Sicilian Grandmother’s Backslap To Your Face”
  Posted by kid dynamite on August 12th, 2011 at 9:05 pm, Comments: 0

  In an email yesterday, my authentic Sicilian buddy, The Dude, wrote the above line to me: “That’s worthy of a Sicilian grandmother’s backslap to your [...]

• S&P 500 Yield Exceeds 10 Year US Treasury Yield
  Posted by kid dynamite on August 12th, 2011 at 9:00 am, Comments: 0

  This is probably something that a lot of people are going to be talking about over the next few days. I’d be shocked if Barrons [...]