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I would like to see an analysis of how much of Mr. Musk's wealth is derived from taxpayer subsidies. When J.D. Rockefeller was working on his second fortune (his first fortune came from selling kerosine) he never said governments should have programs to build gas stations. Rockefeller paid for...

Just wondering - is that (peak inflation) some kind of newly accepted concept? It kind of flies in the face of Austrian ECO "Inflation is always and everywhere a monetary phenomon." In that context, it's like saying the money supply has reached its peak. I don't think our current crop of BS...

Yup, just like the old maxim (I think it's in one of the Jack Schwager books) "Do you want to be right or do you want to make money?" It sounds like a riddle until you see it in this context.

i don't see that either. The best in the finance arena are investors like: * Warren Buffett * Paul Tudor Jones * Ray Dalio There are no day traders/scalpers in there. One of the obvious features is that investors try to pay the long term gain tax rate, much less than the day traders and...

I think very few investors have a plan of what to do if $WTIC goes over $100 and stays there. Scalpers don't care about it, but they don't ever really make any money anyway.

Current portfolio of producing wells is very depleted. Fracking sources are very short term. The new large oil fields are in the Arctic Ocean. The oil is there, but it will be expensive to get it.

This is ridiculous. Executive Orders were traditionally for timely gaps in funding, or personnel. "The State Department has been missing the Deputy Head of such and such and cannot proceed. Congress is due to adjourn for Holiday. So President So and So signed an Executive Order to temporarily...

Yes, these criticisms are accurate, but it must be acknowledged that American manufacturing was hollowed out as a result of the U.S. Dollar being the reserve currency. Back in the day of Bretton Woods, it was extremely helpful to get all these countries back to manufacturing. Dollars were...

And this is why, if you have CNBC on, you should always keep the sound off.

Right. Whatever ... Point is, Corn chart(s) are looking a whole lot better than what most people are looking at.

I'm in Southeat Delaware. Just a couple of miles west of the beach, cornfields (and soubean) fields everywhere. Feed the chickens with this stuff. Chicken ranches everywhere. Most local. Perdue is a short drive into Maryland. Protein. They are making protein for humans. Chart is excellent (both...

That's the truth. I talk to almost no one about my trades. Few people want to hear it. I used to see one guy at cocktail parties who owned 2 NYSE seats. He loved to exchange stories about trades. And my wife wants to hear once in a while (but not that often). For most people, trading is like...

$Silver is making a very respectable attempt to break out. But there are forces holding it down, not the least of which are sovereigns who do not want to see this proxy for inflation going up.The problem is, it is clinging to the support at $22 for over 15 months now. If it can't make more...

Nobody has to focus on "elected officials". FDR and LBJ are in the same Pantheon of ex-Government officials. Now their combined election gimickry (SocSec. and Medicare) is set to bankrupt the country. And everybody who has a job can see that deduction in their pay-stub. What a legacy that is...

Good read. I used to be Registered Ser. 7. I got registered when I was 30. Years ago. My impression is that most people who manage these funds couldn't care less about the investors. They just care about annual returns, fees, etc. This cap gains and taxable divs problem are just footnotes in a...

I beg to differ on that. The U.S. Treasury has mountains of obligations that fall into three categories. and these are giant promises made by elected Washington officials (past and present) who would have a ton of explaining to do if these failed: 1) Social Security 2) Medicare 3) Department of...

Just because most participants in the market have never seen inflation before, doesn't mean it never happened before. The index that tracks the commodities is called the Commodity Research Bureau Index ($CRB)

Here's the twin headed monster the FED is now looking at. $WTIC closed at a new high (Stockcharts is not showing it). Oil is going up, and rates are going up at the same time. Meaning ... even if the FED raises rates, what good would it do. It's called Stagflation.

Not that it's any of my business, but why do you think it's a major sell above $87.00 ?? Should oil producers be compelled to sell it to you at the old prices?

$WTIC closed new recovery high today - $85.54. And $TNX strong close to $1.865 A very clear message to the FED, as in the old Chinese Proverb/Curse: "May you have an interesting day."