patrick.net

 
  forgot password?   register

#housing #investing #politics more»
736,488 comments in 75,765 posts by 10,911 registered users, 8 online now: errc, Kepi, marcus, Patrick, Strategist, Straw Man, tovarichpeter, TwoScoopsMcGee

new post

smaulgld's comments

1   smaulgld   9/9 = 100% civil   May 20, 2:11pm  ↑ like   ↓ dislike   quote    

CBOEtrader says

Why do their reported holdings fluctuate so much? This is probably just routine petro-dollar transactions. Will be interesting to watch this trend though

Russia's overall reserves have fluctuated wildly the past few years as they sold their treasuries when sanctions were instituted. Then they ramped up gold purchases. Seems now as they are rebuilding reserves they are replacing some of their treasuries holdings that they sold a few years back

2   smaulgld   9/9 = 100% civil   May 6, 5:32pm  ↑ like (1)   ↓ dislike   quote    

The Original Bankster says

hi im porter stansbury

You didnt read or listen- there is nothing in the content that has anything to do with a collapse of the economy, the dollar or other wise- it is a discussion of an historic episode around the mid 19th century..
But the sacasm would have been appreciated if it was relevant

3   smaulgld   9/9 = 100% civil   May 6, 4:31pm  ↑ like (1)   ↓ dislike (1)   quote    

The Original Bankster says

not this fucking shit again

A repeat of the story you have heard 100 times about how the US Mint suffered a silver shortage because of the gold rush of 1849- that one?

4   smaulgld   9/9 = 100% civil   Mar 19, 1:49pm  ↑ like (1)   ↓ dislike   quote    

Patrick says

It's true, the US economy is clearly accelerating.

http://themiddleground.sg/2017/03/19/q1-economy-signals-brightening-outlook/

That article cited NO data to support the contention that the economy is accelerating!

5   smaulgld   9/9 = 100% civil   Mar 19, 1:48pm  ↑ like   ↓ dislike   quote    

Patrick says

Employment and stock market for sure.

Stock market now has highest P/E ratios - Stock market is not an indicator of the economy, but rather Fed policy.
Growth over the past five years has been tepid but the stock market roared

6   smaulgld   9/9 = 100% civil   Mar 19, 1:43pm  ↑ like (1)   ↓ dislike   quote    

Patrick says

She raised rates because the economy was accelerating.

Not sure that is the case-
Helen Hayes from CNBC asked her why she was raising rates into a tired expansion- she had no good answer
Recent Data
Retail Sales 0.1%, Exp. 0.1% (poor)
Industrial Production Feb. 0.0%, Exp. 0.2% (poor)
Wholesale Sales -0.1%, Exp. 0.5% (poor)
Wholesale Inventories -0.2%, Exp. -0.1% (poor)
Average Hourly Earnings 0.2%, Exp. 0.3% (ok)

Atlanta Fed shows this:
https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1

7   smaulgld   9/9 = 100% civil   Mar 19, 9:07am  ↑ like   ↓ dislike   quote    

APOCALYPSEFUCK_is_ADORABLE says

LONG: YAMS!

The one safe assets- Yams, Canned or cold storage

8   smaulgld   9/9 = 100% civil   Feb 27, 1:33pm  ↑ like   ↓ dislike   quote    

I marked this as ad hominem to test the new feature.

9   smaulgld   9/9 = 100% civil   Feb 27, 1:13pm  ↑ like (1)   ↓ dislike   quote    

Patrick says

It's not so much fake as in false, but selective and partisan.

Some of it is partisan and some of it IS FALSE.

Stories like this are FALSE http://fakenews.news/2017/02/03/ap-reports-fake-news-trumps-intention-invade-mexico/

I keep hearing that Donald Trump called the media the enemy of the people. This is also FALSE when he said FAKE NEWS MEDIA was the enemy of the people, not the media.

10   smaulgld   9/9 = 100% civil   Jan 29, 5:36pm  ↑ like   ↓ dislike   quote    

Tenpoundbass says

Hey I saw a Link on Gab to your live video Blog the other day, an amature investors club or something.

I guess I attract amateurs!

11   smaulgld   9/9 = 100% civil   Jan 18, 4:32pm  ↑ like   ↓ dislike   quote    

HEY YOU says

Who would even think about gold?

The CIA's seemingly pedestrian discussion of the gold market was labeled SECRET for decades

12   smaulgld   9/9 = 100% civil   Jan 18, 1:40pm  ↑ like   ↓ dislike   quote    

CIA appears miffed that the Swiss were manipulating the gold price

13   smaulgld   9/9 = 100% civil   Jan 17, 7:23am  ↑ like   ↓ dislike   quote    

The rosy scenario of economic wonders from a Trump administration that predominated after his election. Now as his inauguration approaches the uncertainty is weighing on the markets.

14   smaulgld   9/9 = 100% civil   Jan 17, 1:52am  ↑ like   ↓ dislike   quote    

Fucking White Male says

smaulgld says

BayAreaObserver says

Actually it's pretty clever on his part as well since if things don't go according to plan, Trumpligula can claim he wasn't correctly quoted etc. over and over and over louder and louder until it's believable and further discredit WaPo more than they have done to themselves.

The WAPO, NY TIMES CNN FB opened this can of worms- if they had just stuck to reporting the news they could have held readership and the journalistic higher ground. the contrast would have been clear.
Instead they went on an offensive, and it blew up on them because they publish a fair amount of fake news themselves

This is what's true. By taking sides and determining that the fate of a so called democracy is within their preview, not only did these main stream organizations un...

The issue is that govt grants the broadcast licenses so the media outlets are less likely to criticize

15   smaulgld   9/9 = 100% civil   Jan 17, 1:50am  ↑ like   ↓ dislike   quote    

MMR says

HEY YOU says

Why do you hate Patnet?

free speech vs not so free speech, but patnet is 'fake' news.

Patnet is news links with comments

16   smaulgld   9/9 = 100% civil   Jan 16, 9:51am  ↑ like (1)   ↓ dislike   quote    

HEY YOU says

OMG! WTF!

Retire fake news!

Why do you hate Patnet?

Ask the WAPO- they are the ones who want to eliminate the term

17   smaulgld   9/9 = 100% civil   Jan 16, 9:50am  ↑ like   ↓ dislike   quote    

MMR says

First mistake with WaPo is selling to bezos, who has ax to grind with trump.

They had to sell to someone with deep pockets who would support continued losses other wise they would have gone out of business with their current propaganda approach

18   smaulgld   9/9 = 100% civil   Jan 16, 9:34am  ↑ like   ↓ dislike   quote    

"russian agent" is the new "racist"

19   smaulgld   9/9 = 100% civil   Jan 16, 9:20am  ↑ like (1)   ↓ dislike   quote    

BayAreaObserver says

Actually it's pretty clever on his part as well since if things don't go according to plan, Trumpligula can claim he wasn't correctly quoted etc. over and over and over louder and louder until it's believable and further discredit WaPo more than they have done to themselves.

The WAPO, NY TIMES CNN FB opened this can of worms- if they had just stuck to reporting the news they could have held readership and the journalistic higher ground. the contrast would have been clear.
Instead they went on an offensive, and it blew up on them because they publish a fair amount of fake news themselves

20   smaulgld   9/9 = 100% civil   Jan 16, 9:17am  ↑ like   ↓ dislike   quote    

T L Lipsovich says

Because it backfired royally.

What ever happened to all those sex assault victims? hhahahahahah.

So like anything they don't like BAN IT!

users   about   suggestions   contact  
topics   random post   best comments   comment jail  
patrick's 40 proposals  
10 reasons it's a terrible time to buy  
8 groups who lie about the housing market  
37 bogus arguments about housing  
get a free bumper sticker:

top   bottom   home