ETF STER

Not All Inflation Is Created Equal

What if the woodsman decides to only collect 12 bundles of wood, when he could collect much more because there is more wood in the forest and the forest floor has more dead wood than they need.

If the other two pirates have no access to the forest and only the woodsman does, doesn't he control the price of the wood?

This seems to be the current state of supply and demand in the energy market. There is more supply than is needed, but the price of energy is still rising. (ie oil prices)

Trend Reversal in Oil

Looking at the first chart, you can see a wedge formation, if oil breaks below that wedge...look out below.

Oil is oversupplied right now, and yes, there will be a time in the future (who knows how far in the future) when oil will be in shorter supply, however, inventory is still building and demand is flat or falling.

I believe there will be a breakout lower from the wedge formation................
but hey, that's just my opinion.

RJ

Portfolio Preservation in a Down Market

It is amazing to me how many "Experts" there are about what to do AFTER the fact.

Once the bubble pops, all of the experts have the advantage of hindsight to spout the obvious and tell us what to do after the market tanks.

A good idea about how to keep liquid during deflation would be a big help NOW, before the deflationary cycle begins.

Do you have any "insight" on that?

It's Getting Harder to Keep on Truckin'

Truckers like myself are business owners. If you don't pass the increased costs on to the customer, then you go out of business. I know it sounds cruel, but you are in business to make money. If you don't make money, you go out of business, and are replaced with another business owner that can make money.
I have worked in the transportation industry since 1976 and have seen recession and inflation. There is nothing new here, there are good business owners and lousy business owners. The free market system weeds out the poor business owners and replaces them with better business owners.
It is an efficient, though unfeeling system, deal with it!