Brokers, placement agents, middle men, promoters, consultants, financial intermediaries…call them whatever you wish. They have existed in the financial space since man invented a way to exchange one thing of value for another. Some do a fine job, provide a valuable service and deserve every penny they earn. In my experience however, and that of [...]
May 14, 2013 By 1 Comment
The Financial System is Completely Corrupt and Broken. Buy this ETF!
Some anecdotal evidence first… I recently corresponded with a friend in Europe who consults to a number of hedge funds managing predominantly European and British money. He mentioned that across the board his clients are increasingly concerned about equities and are seeking to hold more cash. I asked him if there was a fear of [...]
May 9, 2013 By 1 Comment
Agricultural Streaming
In a bull market one of the most profitable businesses to be in is that of financing. This is largely due to the leverage available, not only financial leverage, but equally important are the leverage of skills and technology. Financial services, banking, insurance, brokerage, investment and merchant banking all fit the bill. These aren’t the [...]
May 3, 2013 By 2 Comments
No More “Happy Dancing Road”
The intense heat burns your eyes and the fine red dust sticks to the sweat pouring out of your pores, creating a thick paste. “Maybe it’ll protect me from sunburn..?” The sun lotion I generously applied sure as Hell won’t be doing any good, having disappeared in a river of sweat ending in my socks. [...]
April 30, 2013 By 9 Comments
McDonald’s Could do a Better Job!
In 1945, after WWII ended the United Nations was formed. Its mandated purpose was to: “promote and facilitate cooperation in international law, international security, economic development, social progress, human rights, civil rights, civil liberties, political freedoms, democracy, and achievement of lasting world peace.” Now those are noble goals, to be sure, and admittedly they set [...]
April 16, 2013 By 7 Comments
Carnage!
I woke this morning to gale force winds and sideways rain slapping my bedroom window. Yuk I thought, as I crawled out of bed to check the markets, the same way I start every week day. What I could not have known was the shock and awe about to greet me! The weather outside was [...]
