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However, there will be no poor among you...

July 20, 2016 by Matt McCracken
However, there will be no poor among you, since the LORD will surely bless you in the land which the LORD your God is giving you as an inheritance to possess, if only you listen obediently to the voice of the LORD your God, to observe carefully all...Read more

Salient verse for today's investing environment...

March 14, 2016 by Matt McCracken
From the Moravian Texts today, an incredibly appropriate verse for anyone putting their trust and faith in the FED and Wall St. to provide themselves a safe and secure retirement: It is better to take refuge in the Lord than to put confidence in...Read more

Fracking, earthquakes and the outlook for natural gas

March 14, 2016 by Matt McCracken
I came across two disturbing stories this morning on Bloomberg on how the link between fracking and earthquake activity is now undeniable. Finally, the scientific community is acknowledging what so many outside the scientific community have known...Read more

Live Cattle prices hit new all-time high

March 14, 2016 by Matt McCracken
Live cattle prices climbed to a new all-time high yesterday hitting just over 1.54/lb. This is not good news as football season is approaching and this may cut into tailgating budgets. Cattle prices are one commodity which have done a whole lot of...Read more

Banks to pay large fine for FOREX market rigging

March 14, 2016 by Matt McCracken
It was just announced that several large banks will pay fines and plead guilty to marketing rigging in the currency and bond markets. Isn't rigging currency and bond markets not what the Federal Reserve and practically every oether central bank does...Read more

ESPN Story: Barkley Rips Rockets GM, Use of Stats

March 9, 2016 by Matt McCracken
I am sure Charles Barkley has a bunch of detractors – but the guy is funny. And entertaining. If I ever watched NBA basketball, I’d be sure to take in his commentary. ESPN reported a story last night about how Barkley denounced the use of stats in...Read more

Great day to buy oil?

January 13, 2016 by Matt McCracken
The following commentary is not a recommendation to buy or sell commodity futures. Please review our disclosure statement found on the right side of this webpage. Last week I wrote about a bullish sign in the crude oil (CL) market as the commodity...Read more

Great day to buy oil...again?

December 18, 2015 by Matt McCracken
On January 13th of this year, I wrote a post called Great Day to Buy Oil? It wasn't the lowest close in oil in Q1 but darn close to it. And it turned out to be a great day to "trade" oil on the long side as it shot up over 31% in the next five...Read more

The Truth about Oil Prices

November 9, 2015 by Matt McCracken
There has been much made about the crash in oil prices the past 18 months. It has served to send energy stocks (IYE) into a significant bear market and could bankrupt many small players as they are burdened with debt based on $60 oil. (After all, it...Read more

CNBC Story: Divers dig up 300-year-old Gold coins worth $4.5M

August 20, 2015 by Matt McCracken
http://www.cnbc.com/2015/08/19/divers-dig-up-300-year-old-gold-coins-worth-4m.html Divers dig up gold that went down on ships in the early 18th century. I'm wondering, do you think 300 years from now, people will risk life and limb to scour the...Read more