Archive for February, 2013

• No, GLD Shares May Not Be Used to Settle COMEX Contracts
  Posted by kid dynamite on February 22nd, 2013 at 3:23 pm, Comments: 0

  As a public service to metal-heads who continue to be misinformed by not only by those writing blogs, but also by others cluttering blog comments [...]

• Don’t Expect Follow On Offerings From Sprott Any Time Soon (PHYS, PSLV)
  Posted by kid dynamite on February 22nd, 2013 at 10:06 am, Comments: 0

  One of the main problems with the closed end trust structure (as opposed to the ETF structure) revolves around secondary offerings.   While ETFs allow authorized [...]

• Groovin’ Golden Retriever: Friday Fun
  Posted by kid dynamite on February 22nd, 2013 at 9:23 am, Comments: 0

  This is perfect for a Friday – sound is required. -KD Share on StockTwits

• Colbert: Arizona’s Gun Posse (With Steven Seagal)
  Posted by kid dynamite on February 21st, 2013 at 8:38 am, Comments: 0

  Presented without comment:   The Colbert Report Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive -KD Share on StockTwits

• Legal Money “Laundering” With Herbalife in Venezuela
  Posted by kid dynamite on February 19th, 2013 at 6:43 pm, Comments: 0

  An interesting item in Herbalife’s ($HLF – no positions) 10-k filed this evening is their discussion of their cash positions in Venezuela. Let’s let the [...]

• Gold, Platinum, and Miners: Oh My
  Posted by kid dynamite on February 17th, 2013 at 5:29 pm, Comments: 0

  People are kinda talkin’ about gold a lot lately.   I wanted to write this post to stress the importance of perspective in terms of the [...]

• Carl Icahn’s Valentine’s Day Massacre of Bill Ackman’s Herbalife Short
  Posted by kid dynamite on February 14th, 2013 at 8:16 pm, Comments: 0

  You know the Herbalife story by now, right? Cliff notes:  Well known hedge fund manager (Bill Ackman) announces a monstrous short position in $HLF (no [...]

• Idiocy Reaching Peak Levels – State Street / Berkshire Reporting Error
  Posted by kid dynamite on February 11th, 2013 at 8:17 pm, Comments: 0

  At least I HOPE that idiocy is reaching peak levels… No sooner do I publish this post about gross ignorance from the Associated Press than [...]

• The Dumbest Thing I Read Today – AP’s Diamond Foods Story
  Posted by kid dynamite on February 11th, 2013 at 12:08 pm, Comments: 0

  From the AP: “NEW YORK (AP) — Shares of Diamond Foods Inc. rose Monday after investment firm BlackRock disclosed that it purchased a stake in [...]

• DELL: “Do As I Say, Not As I Do” – Pzena Edition
  Posted by kid dynamite on February 11th, 2013 at 10:42 am, Comments: 0

  I’m going to try to keep the opinions out of this post, and just lay out some facts. 1) In their 13F from the end-of [...]

• Herbalife Updates and Clarifies Its Statement of Compensation
  Posted by kid dynamite on February 7th, 2013 at 9:44 am, Comments: 0

  Herbalife ($HLF – NO POSITIONS) has updated its Statement of Compensation which gives a quick 2 page summary of their business opportunities, and how much [...]

• “But It Was Too Complicated” Is NEVER An Excuse
  Posted by kid dynamite on February 6th, 2013 at 5:52 pm, Comments: 0

  A commenter on my recent post about the role of the ratings agencies in the financial crisis came close to (if not outright) suggesting that [...]

• About The Role of the Ratings Agencies In the Financial Crisis
  Posted by kid dynamite on February 4th, 2013 at 5:33 pm, Comments: 0

  I’ve mentioned a number of times, most recently here, that I think that if you don’t want to blame the buyers of crappy financial products [...]

• Homebrew Batch #26 – Belgian Blonde
  Posted by kid dynamite on February 2nd, 2013 at 5:23 pm, Comments: 0

  I cobbed together this Belgian Blonde Ale recipe and brewed a 2.5 gallon batch of it this morning: Mash:  60 minutes at 156 degrees: 5lbs [...]

• WYNN Q4 2012 Conference Call Tidbits
  Posted by kid dynamite on February 1st, 2013 at 9:52 am, Comments: 0

  It’s no secret that I loves me some Steve $WYNN (no positions) conference calls.  Wynn is the best in the business at clearly elucidating the [...]