Gentlemen, we have freedom candles. On news of everlasting peace in the Middle East, SPY futs have mooned +220bps, oil COLLAPSES by 15.8%, gold +2.3%. This is the one of 10 sessions of the year needing to be long and we did it. We did it Joe!Albeit cash remains inexorably at 16% ish, I am...Read More

I’ve traded all environs since the 90s, entailing crisis of many different varietals. CIVILIZATION ENDING crisis is a new one for me. I must admit to being completely stoic about it, for it seems obvious the likely outcome. I know the Mad King theory is jarring; but barring that — perhaps the most likely outcome...Read More