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Whenever you see annual rent/home price yields of 30, 40 or 50 on residential real estate then you know that either the rent is too low or the home price is too high. With a $13,000 rent I assume the sale price of $4.4m could be cut by another 30-35%+ before buying this house makes any...

Excellent post. This is IMO the #1 reason why most traders are psychologically not prepared to trade a LT TF system. It takes a lot of discipline to grind your account for 20 months just going sideways while there are big (but choppy) moves in many markets. I have found that running...

You may argue this is a matter of patriotism and nationalistic pride. I argue it is a matter of (self-centered) personal, financial security of our families. Delving in conspiracy theories and "fighting for the greater good" does not guarantee much beyond satisfaction of your patriotic senses...

I don't dispute any of these allegations, but I am asking: why does this make things any different from 10, 50 or 500 years ago? For all we know those with money and power have aggressively lobbied for their own well-being with governments/kings/central banks for hundreds of years. The family of...

Is there any way to make money spinning/following conspiracy theories? At best they're a source of entertainment, at worst a terrible waste of precious time.

Like Soros was betting on Lehman?

Why is that laughable? Markets/Stocks gap down overnight without any prior movement or change in volatility.

There used to be an Excel plugin called "Spooztoolz" that allowed exactly this. Autoupdating charts with real time data, from Excel. I am not sure if it's offered anymore. Here's an older thread: http://www.elitetrader.com/vb/showthread.php?threadid=97255

The 30 year chart is much more instructive. Today the DX is around 78. The US Dollar was grossly overvalued in 2000/2001/2002. It is somewhat undervalued now against the major currencies on a PPP basis and that will either resolve itself by other currencies weakening or US consumer price...

Look at the SP500 chart 1991-1994. Hundreds of small banks failed and it had little effect on the big cap market. As long as the big banks (KBW bank index) go unharmed the market will ignore this.

Taxes will rise. Drastically. Not just the US, Europe too. Especially for high incomes. 70% marginal income tax anyone? I don't think one can't rule it out.

http://www.ftportfolios.com/Retail/etf/etfsummary.aspx?Ticker=FCG FCG is a natural gas equity ETF of "exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas".

Gold vs. short term bonds (1-5y), log chart, 20 years:

So... why did you reply to my original comment again? Just so you can tell me about the gold standard? I said all the quasi-fundamental "USA is broke, Bernanke printing 24/7" noise does not guarantee the USD will go down in a straight line without sharp counter rallies, otherwise it would...

In Nazi Germany Lockhart would have disappeared overnight and tortured to death for treason in the Gestapo chambers :cool:

Any trader would have to say Keynes. Possibly the first global macro trader ever.

Understand what? Money supply, budget and trade deficit? You're telling me I should actually trade currencies off of that? Please, spare me. If you followed your own advice you'd very likely blow up in record time.

So the Dollar can't ever stage a rally simply because the fundamentals are bad? This is getting better by the minute. I had no idea trading was this simple!

Are you a child? What's this obsession with insults? Oh and no surprise you're not trading. It was obvious from your posts, you have no clue about markets.

If it's all so easy then post a screenshot of your USD short position. What currencies are you long vs. the greenback? What position size? Oh wait, you don't trade. Big shocker!