Still Long Oil — Getting Beaten Up About the Brow — Eagerly Awaiting a Posh Close

The American Dynasty will persist, uninterrupted, for the next thousand years. Our armies will control your countries and relegate your men and women and children to slavery, inside Chinese electronic foundries. Dark times are always just around the bend and the ease of decadence is often far out of reach for anyone punching a Chinese made clock. There are ways, methods even, to accumulate wealth, most of which runs counter to the prevailing culture of wanton consumerism and depravity. If you’re too stoned to understand your balance sheet, you’re also too dumb to accumulate any meaningful amount of money.

As time goes on, the more you’ll come to realize the winners have already been chosen, and only a select few, mostly designated at your local Ivy League school, will determine the fate of your children — whether or not to engage evil enemies overseas through military conflagration.

We have no cause for concern today, lads. The only thing to fear is fear itself. If markets rally into the bell, expect shorts to be discarded like cheap trash during tomorrow’s opening tick. If, by chance, we close at the lows — there is a strong chance we will gap lower.

With my money, formerly a professional investor and manager of other people’s money, I am astutely long NUGT, a variety of this or that — and GUSH — a seemingly ill fated invested — taken during a bad tape, in an obnoxious care-free “nothing can go wrong” demeanor.

By 3:45pm, we’ll know for sure what tomorrow will bring. Stay tuned.