We are 1% from new highs. The panic that was two weeks ago is over and it’s time to start thinking greedily again. But don’t risk your hide on earnings dice rolls. Stocks aren’t to be trusted, only pimped out and managed from a position of strength.
Let’s discuss inflation.
Here are some YTD returns for some of the more popular commodities
Coffee +27%
Natural Gas +22%
Cocoa +8%
Gold +8%
Silver +5.5%
Livestock +5.3%
Uranium +5%
Cotton +5%
Palladium +2.6%
Corn +2.1%
Oil +1.6%
For whatever reason, this is the over-arching trend of 2014. We can be stubborn and ignore it, investing in low brow real estate websites and the like. Or, we can obey.
The dollar was down another 0.4% today. I finished the day with just 5% cash, fully invested with a machine gun firing off rounds indiscriminatelty into space. Details are furnished inside of The PPT.
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yep,
“only pimped out.”
I pimped out some gold tasseled, leopard print cape with faux-fur collared FEYE and Z today for some nice coin. Rented ’em out for only half a day and turned ’em loose.
Getcha livestock while ’em still cheap!
Bear market market bounces in commods IMO. But coin is coin, better get some. Gold may work best>slow economy>QE Infinity(forever)>inflationistas buy gold, even if there is no inflation. Coin is coin.
does the Fly listen to house music? Perhaps the market will fool us all and collapse now? But maybe it will wait for you to get a full position on.
I’m more concerned with the price of chicken.
Yen rolling over. Time to try for a higher low.
You are right. My worst plays this year were earnings plays.
+1
Uranium? I barely know ‘um!
Grandma, it looks like, is getting tested. How the old lady gets out of the box, should be interesting.
le Flea is getting his inner JakeGint on
Will stocks, commodities and real estate move higher together for a while, or is a divergence impending?
Food and real estate prices make me sick. My personality is such that I cannot mentally think of my residence as “a trade”. For me, a house is not a game.
Some of the food price increases appear to be nothing but shameless profiteering by vendors, food sharks preying on the masses who come along.
Very strange how a 15 percent price increase in an ingredient that is 10 percent of a product produces a 30 percent increase in retail price.
Rhetorically- what is the underlying cause of inflation?
I’m not part of the guns and ammo subculture, but are not things like dollar debasement the real reason American people have a deep seated need to own guns? Fighting back against tyranny is what started this country.
But enough of my rant. You are here to make money trading price changes. Carry on…
Plug your nose and buy that bungalow MX.
A company responds to SA hit piece
http://www.investorvillage.com/uploads/6103/files/SERVER-AL1CTIP5_Exchange_02-13-2014_13-10-03.pdf
einhorn sues seeking alpha