Understanding Debt in Today's World....

It seems whenever there is a sudden surge of debt and market turmoil the talking heads emerge from their underground lairs to talk up the next great depression or market catastrophe. I have said it for a long time but I will say it again as I think…

Do You Understand Candles?

In reality, the long term picture of a particular market is determined in most part (when the markets were free) by fundamentals. It really is that simple. However, a lot of people use candles as a means to enter into a position. While Candles can …

Why We Place Our Faith In Fiat....

It's not really a secret that we value our currency. After all, it is what we use to conduct exchanges and to barter with. We put faith in our dollar that it will last through the ages and allow us to retire after working hard for decades. We l…

Why Paying Attention to the New Normal Makes Sense...

I thought that I would blog about this because this is a prime example of the market doing the opposite of what most traders expected. You can see that it is in WTI which is crude. No surprises really here as this market trades an inordinate amount…