Merry Christmas and Happy Holidays to You and Yours....

Alright. Another year has come and gone. It seems like it was just yesterday that it turned 2019.
Are you better off?
Are you enjoying your life?
Are you staying as positive as you can in a rather negative environment?
Are you cultivating more good…

Repo Market Talk and Commodities.....

Alright, the Repo market is what is on everyone's mind. In case you don't know what this market is it is the overnight loan market where banks lend each other money. Lately, it hasn't been functioning very well because of liquidity issu…

Bitcoin Direction....

Bitcoin Direction....

I posted the chart below so that you can see the small position I took in Bitcoin a while back when I was telling you that it was likely headed further down. It did fall to my target and bounced. You can see that this is a very big volume area.
Do …

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...

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…