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Article Commentary: Everyone Is Fleeing Oil's Biggest Fund

May 29, 2015 by Matt McCracken
This morning, Yahoo!Finance reports that Bloomberg reported that almost $1B has been withdrawn from USO, the biggest U.S. exchange-traded fund that tracks the price of oil, over the past couple of months . The article makes two points that are both...Read more

Bill Gross' "Trade of a Lifetime"

May 19, 2015 by Matt McCracken
Bill Gross has made a call to short the German Bund and in doing so has called up memories of the greatest trade of all-time - Soros' Breaking the Bank of England. I largely agree with Gross' fundamental outlook on the Bund. But what really...Read more

Review of Ron Paul's Interview by Porter Stansberry's The Crux

May 13, 2015 by Matt McCracken
I reluctantly watched Ron Paul’s interview on Porter Stansberry’s site. For years I’ve mistakenly hit on links to Stansberry’s site with some irresistible teaser just to be terribly disappointed when it became clear that whatever information was...Read more

The Bizarro Rule of 72

April 17, 2015 by Matt McCracken
For quite some time, I have argued that the stock market is relatively expensive by historical standards and will therefore experience below average returns for the next decade. Recently, I developed a new and very simplistic means of calculating...Read more

USD gets curb-stomped after the FED

March 19, 2015 by Matt McCracken
The USD is declining precipitously against marjor trading partners after the FED said something or didn't say something. Maybe they added a word or took out a word and somehow with a flick of a butterfly's wings, the USD is acting like the US is a...Read more

Habakkuk 2:6

March 19, 2015 by Matt McCracken
Each morning, I recieve the Daily Texts from the Moravian Church . I thought one of the versus' quoted today was apropos in light of Janet Yellen's testimony this week: "Woe to him who piles up stolen goods and makes himself wealthy by extortion!...Read more

In yellen we trust...

February 23, 2015 by Matt McCracken
The headline story on Bloomberg yesterday was titled, "In yellen we trust is Bond Mantra as Inflation Dismissed.” This story line is obviously a play on the American patriotic motto “In God we Trust”. So in the minds of investors, has the FED...Read more

Moscow-led trade bloc and the Uranium market

January 2, 2015 by Matt McCracken
Armenia joined the Russian-led trade bloc that previously included Belarus and Kazakhstan. While these countries may seem insignficant in most sectors of the worldwide economy, Kazakhstan is actually very signfigant in one small but important market...Read more

Is the a commodity backed Ruble coming?

December 22, 2014 by Matt McCracken
The crashing Russian Ruble has been the big story line from the past couple of weeks. From here, there are only two options for the currency. Continue to crash on its way to zero or breakout out of the parabolic downtrend and rebound. While the...Read more