Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label Speculation. Show all posts
Showing posts with label Speculation. Show all posts
27 January 2010

US Cattle Herd Drops to 1958 Levels

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Ranchers are culling the herds as corn prices soar and wholesale prices for beef and milk drop. My personal view is that this is a manifesta...
05 June 2009

Natural Gas and Crude Oil: An Interesting Spread to Watch

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The spread between Natural Gas and Crude Oil is now at an 18 year record low. Nat gas has fallen from $13 to $3 while Crude Oil soared to $7...
19 February 2009

The SP 500 and Short Term Indicators

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The short term indicators are getting stretched to the downside, and the other narrower indices are approaching their own support levels. Pe...
20 December 2008

Speculation Nation Part 2

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Our national priorities favor financial engineering, financial speculation, consumption on credit. They penalize manufacturing, savings, and...
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