Financial Sense Blog

A previous WrapUp on October 10th looked at a potential rebound for refinery stocks based upon historical price relationships between crude oil prices and refinery margins, 3-2-1 crack spread.

Just sit right back and you'll hear a tale, a tale of an inflating Fed, that helped congressional budgets go deeper in the red.

In the Chinese classic, The Art of War, Sun Tzu says: “one who is good at martial arts overcomes others’ forces without battle, conquers others’ cities without siege, destroys others’ nations without taking a long time.” This is accomplished by a process the ancient Chinese strategists called “strategic siege.”

This will likely be the shortest WrapUp I'll do for the year and by shortest I mean by length of text. A well known maxim is that a picture is worth a thousand words and with that being the case, I will put forth two arguments for why gold should remain strong despite short-term price swings.

I made the case in August of 2004 for a housing bubble in my newsletter, and mentioned signs of this bubble bursting in a 2005 essay on this website.

There are two types of economic whiners in the USA. One type of whiner thinks that the government should impose affordability rules. The other type thinks that the government should have no rules. Both types of economic whiners damage our economy by polluting political discourse.

National intelligence and grand strategy are not subjects for the weak-willed or the weak-minded. And yet, choosing its intelligence analysts from the academic groves of our left-professors, setting them up as cloistered bureaucrats, the U.S. government has brought us intelligence analysis as pandering and a national grand strategy based on wishful thinking.

Highlighted in last Wednesday's WrapUp was a broad-based deterioration in both business and consumer confidence that poses a significant threat to the economy's growth going forward.

The Danielcode is an ancient and mystic sequence of numbers stretching from zero to infinity. It predates the Fibonacci sequence by 18 centuries. I first came upon it 10 years ago while testing the market significance of squares and roots of historic numbers.

The state is a necessary evil. Society cannot maintain liberty without the state’s war-making powers. That being admitted, the state is dangerous. It can be used to destroy liberty. History tells of the many generals who became masters of the state, from Julius Caesar to Napoleon Bonaparte.