Blog

August 27, 2020 by Matt McCracken
BAD NEWS FOR RETIREES!...especially those living on a fixed income. Fed Chairman Jerome Powell made a highly anticipated announcement this morning the FED will make a significant shift in their approach to keeping a lid on inflation. In practice,...Read more
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August 19, 2020 by Matt McCracken
In the most recent issue of our local newspaper, The Horseshoe Bay Beacon, an article was printed from Edward Jones titled, " How Can You Help Lower Your Longevity Risk? ". I thought I may weigh in on the topic since "making your nest egg last a...Read more
August 15, 2020 by Matt McCracken
The following is one of the scriptures quoted in the Moravian Text today... "Do not oppress the widow, the orphan, the alien, or the poor. " Zechariah 7:10 Oops! I guess if it doesn't appear in "Two" Corinthians, the boys in Washington don't take it...Read more
July 24, 2020 by Matt McCracken
Disclosure: Our firm is long CEF, SGOL, SIVR, PAAS, AU and NEM as of the day of this article's publication. Gold and silver prices have gone straight vertical the past week. We have precious metal exposure for our clients through three different...Read more
July 22, 2020 by Matt McCracken
Disclosure: Our firm is short AGO. Why The Fed can’t bailout the US Muni bond market (i.e. why cities, counties and states are not like Greece and Puerto Rico.) Fragmentation The Muni bond market is terribly fragmented. You have hundreds of large...Read more
July 8, 2020 by Matt McCracken
Many years ago, I had a meeting with a rep from Altegris Investments. ( Altegris Investments is one of the foremost authorities on Managed Futures strategies and other kinds of alternative investments.) In the meeting, he proposed a thought...Read more
May 6, 2020 by Matt McCracken
Ten years ago today, the Dow Jones Industrial Index fell several hundred points in a matter of minutes and a few stocks like Accenture traded below $1 for a split second. It took a while but eventually, the US Justice Department unveiled the culprit...Read more
May 2, 2020 by Matt McCracken
This past month, the near-dated WTIC contract (CL) went negative, which I assume is a first for any commodity contract. The May CL contract didn't just go negative but it went very negative. Now, this is not suppose to happen but at the height of...Read more