Archive for August, 2011

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

    Share on StockTwits 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 […]

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

    Share on StockTwits 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 […]

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

    Share on StockTwits A few weeks ago I debunked a silly misconception – that exchanges raise margin to deter longs from standing for physical delivery […]

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

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

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

    Share on StockTwits Since I went and harvested almost everything that was ripe or remotely ripe ahead of Hurricane Irene, I figured it’s time for […]

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

    Share on StockTwits For anyone with even the most basic understanding of the contrarian nature of crowds in market psychology*, this data point should at […]

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

    Share on StockTwits It’s time once again for everyone’s second favorite blog game: Is it real? Or is it from The Onion? (the favorite game, […]

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

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

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

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

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

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

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

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

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

    Share on StockTwits As I type this, a little after 3pm, $GLD has surpassed $SPY to become the largest ETF.  Now, there is clearly more […]

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

    Share on StockTwits 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 […]

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

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

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

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

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

    Share on StockTwits I just wanted to take a minute to give another quick correction for those poor souls who are still being fed a […]

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

    Share on StockTwits The day has come: Kid Dynamite is rejoining the workforce.  That’s right: I will be the Assistant Boys Varsity Soccer Coach in […]

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

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

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

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

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

    Share on StockTwits This is probably something that a lot of people are going to be talking about over the next few days. I’d be […]