March 26, 2021 by Matt McCracken
The above picture is one I took personally from our local gas station right in Horseshoe Bay. Since I took this picture a couple of weeks ago, the price of a gallon of gas has already risen 20c. I have no idea why the picture appears sideways but I...Read more
March 26, 2021 by Matt McCracken
I just read the best article I have read thus far on the issue of Bitcoin. Thus far, my take on Bitcoin and cryptocurrencies, in general, is that I assume my children will one day buy a car or a house with a cryptocurrency, but I am doubtful that it...Read more
Silver bars
March 10, 2021 by Matt McCracken
Disclosure statement: We are long CEF, SGOL, SIVR, AEM, GDX & FNV in our various client portfolios and maybe adding additional exposure in the near future. Calling market inflection points is a tricky business at best. When I called a bottom in...Read more
Arsenio Hall meme
March 4, 2021 by Matt McCracken
Today, capital markets were "rocked" by comments from Fed Chairman Jerome Powell that were somehow deemed to be hawkish. The most confusing reaction to his comments was the simultaneous sell-off in both precious metals and Treasuries. In theory,...Read more
Nuclear Reactors
February 25, 2021 by Matt McCracken
For disclosure purposes, we are long Uranium Participation Company (, Cameco (CCJ), BWX Technologies (BWXT) and Denison Mining (DNN) as of the date of this post. CNBC posted excerpts of an interview today with Bill Gates talking about how he is...Read more
February 23, 2021 by Matt McCracken
There is considerable chatter about inflation coming home to roost over the next several months to years. And we have addressed the inevitabilty of price inflation for some time on this site. When the media talks inflation, what they are talking...Read more
January 12, 2021 by Matt McCracken
Corn, wheat and soybeans all experienced a considerable move higher today, with corn trading limit up, as the USDA reported much lower inventories than expected. The USDA is saying several grains saw a record drop in yields. For quite some time, I...Read more
Grandpa carrying his grandson on his shoulders
October 29, 2020 by Matt McCracken
If Biden wins on Tuesday, it could have a big impact on the Estate Tax issue. Making headlines is his promise to roll back the lifetime gift exemption from its current $11.58M to $5M per individual. Granted, while this may impact the Treasury’s...Read more
October 20, 2020 by Matt McCracken
This morning, CNBC posted an article titled, "Why Russia - and Putin - might be worried about a Biden presidency?" The article points out several events that have not endeared Russia to the Democratic party. I think we may need to consider flipping...Read more