Weekly Links

I sometimes wonder how long the human race will continue to inhabit the earth.  If you look at the amount of time that humans have walked upright and were, well, human-like, and draw a timeline equivalent to a day, the amount of time that we’ve been “industrialized” (last couple hundred years) would only comprise the [...]

So, a few weeks ago, I publicized my crusade against US Treasuries whereby I was shorting naked call options on the 3X Leveraged ETF for long duration government debt.  That’s a mouthful. In essence, with rates at record lows, driving mortgage rates to never-before seen levels, I figured that was it.  With our debt problems [...]

In the latest moronic attempt to grab headlines, another batshit crazy candidate has made the outrageous claim that she’ll “bring us $2 gas“.  See, the thing that’s so annoying about US politics is that any candidate can say anything they want to rally their base, no matter how idiotic the statement is.  So, how does [...]

We’re now less than 2 weeks from when Uncle Sam apparently runs out of money to spend if the debt ceiling isn’t increased (here was my prediction on the debt ceiling vote from 6 months ago – to too far off, huh?).  Anyway, equities continue to basically shrug off a potential disaster, figuring there will [...]