patrick.net

diesel vs. gold, 1980=100

Here is a good read about the interest rates:

http://aswathdamodaran.blogspot.com/2013/06/the-fed-and-interest-rates-lessons-from.html

FP says

Here is a good read about the interest rates:

I didn't have time to finish reading it. But he doesn't appear to state that the money supply causes inflation. He also implies that there was not really a Bernanke Put.

Is it a requirement for Trump to produce his taxes?

Anyone concerned about the upcoming debt ceiling deadline?

just any guy says

Is it a requirement for Trump to produce his taxes?

There should be. Transparency in all things government. Total informational awareness of what politicians are doing.

The palmer report....was that written by rosy palmer or harry palmer ?

whatever Peter Schiff recommends, you do the opposite.

zzyzzx says

If you spent $300 a night to stay in AC,

I spent 300/night at the hard rock in Orlando FL. I went short notice for a conference as the Rosen hotel was booked.

I'm just saying that it's an overrated property and any initial bump in business it brings is likely to be just a blip on radar, as AC is fucked. Without gambling, AC doesn't have anything else to draw

Like you, I don't really enjoy gambling all that much, but I could find something to do in Vegas that is entertaining and doesn't involve booze. It's hard to say same in AC.

zzyzzx says

How did the Hooters in Trump Marina compare to the Hooters in the Tropicana? Quite frankly, I'd rather go to Adam Good Sports Bar if I am at the Trop.

It's jersey where the hooters girls are slightly younger and better this cocktail waitresses on floor. Plus it was 12 years ago. I've been to harrah's, trump plaza, trump taj mahal, trump marina, borgata and mostly caesars...I'm sure Vegas would be much better for anything eye candy related and nightlife...what happens in Vegas stays in Vegas, as the saying goes.

Good wings at sports bar are cool(I can clean up on wings like no tomorrow) but I like the range of food by highly rated chefs in Vegas much more if I'm on a vacation

Have never set foot in Tropicana, claridge and the other sands property whose name I cannot recall

Don't worry. Republicans have a plan. They already sent seal team six to kidnap Elsa.

Ironman says

Nice deal. Way to go. Why pay more?

Bellingham Bill says

we had fiat 1980-2000, and teh glod wasn't that great a return.

That's the gold fixing price. Yes, that's right, some market rigging is so obvious you can find it in a chart.

So who invested in gold? 1250 failed and now it is likely to test 1200 and if price fails to hold, which is highly
probable then it's look out below and has probability of not breaching much above 1200 until that coveted discount
of less then $1000 is at hand.

"“Because once again, the needs of our infrastructure are so great that the federal government cannot and should not be the only source of funding to repair our bridges, our roads, and our energy grids." --- Elaine Chao, US Secretary of Transportation.

Elaine Chao as Labor Secretary oversaw the second worst record of jobs growth in US history, second only to that of Herbert Hoover's administration.

Ironman says

The CIA deep staters have turned their guns on the people they serve -- using third world banana republic tactics to silence opposition, take down regimes not beholden to their world view, using advanced technology to both spy and monitor on American citizens -- infringing on our civil rights like nothing we've ever seen before.

So far, the CIA has kept us safe from:
Communism
Religions
Dictators
Invasions
And now, and the most important, radical Islamic terrorists.
Thank You CIA, we love you.

Strategist says

Communism

Religions

Dictators

Invasions

CIA is usually behind those too.

CBOEtrader says

Strategist says

Communism


Religions


Dictators


Invasions

CIA is usually behind those too.

Good. It's all towards an eventual goal of turning the whole into a democracy.
Domocracies don't attack each other. They solve their problems peacefully.

Strategist says

Domocracies don't attack each other. They solve their problems peacefully.

Are we a democracy? We've been at war since 2003.

CBOEtrader says

Strategist says

Domocracies don't attack each other. They solve their problems peacefully.

Are we a democracy? We've been at war since 2003.

Not against other democracies.

Strategist says

Not against other democracies.

Only against those who hate us because of our freedom. Go team.

http://www.zerohedge.com/news/2017-03-07/snowden-what-cia-revelations-show-reckless-beyond-words

Julian Assange has revealed is more relevant to the US population, than constant and so far unconfirmed speculation that Trump is a puppet of Putin - the fallout from the Wikileaks' "Vault 7" release this morning of thousands of documents demonstrating the extent to which the CIA uses backdoors to hack smartphones, computer operating systems, messenger applications and internet-connected televisions, will be profound.

Ironman says

Fox New sources inside the CIA said the agency was running around like headless chickens, saying 'there is heavy shit coming down.'

The hackers did such a good job at end running computers and firewalls, that we are all bare-naked in the Cyber sense. Like a good tool that gets too good, it can be used against anyone.

Luckily, the Russians did not alter the election, because this happened before Nov 8th. The AG at the time would have done something with actionable data. This will be like Watergate^^21, but the capability was there, Obama did not know how far it would go.

Wikileaks is the Cyber soothsayer - it get the hacking detail that the media journalists dont understand - and they dont understand anything much - because after all they got degrees in humanities and journalism.

Not only will it be eternal, the fees on consumers will be much higher than any rational system would determine, and the rent charged to the private companies will be a tiny fraction of the true value of the land. A small fraction of the private windfall will go back to a few lawmakers.

This is not the system that people imagined when Trump said he would invest in infrastructure.

Pictures aren't loading. Maybe later.

Thanks for the report, Bob! Very interesting.

What do you think accounts for the lack of crime and begging?

bob2356 says

Pictures aren't loading. Maybe later.

Also, what happens when you try to load pictures?

rando says

What do you think accounts for the lack of crime and begging?

I really don't know. Most likely that people have a not very high but consistent standard of living vs very rich and very poor combined with massive government corruption in most of latin america. Everyone was working and women are very accommodated if they want to work. Children come home for lunch unless the mother works, then the school feeds them. If the mother works the school provides after school care. That kind of thing. People complained about the police being diligent about giving out tickets and such, but no one complained once that they were dishonest or corrupt. I get the feeling that corruption under castro was kept pretty well under control. There is real health care for everyone. The government does step in and assist. Everyone talks about how after the last major hurricane, I forgot the name, the government stepped in and paid for half of all materials for rebuilding destroyed houses.

Wow 3100 for four people over seven days. Impressive, good work.

You have my wheels spinning now. Was this a recent trip? Wondering what the weather is like in the summer. We did a week on the cliffs in Negril last July. All i got was people saying it's going to be too hot, rainy season etc. We had perfect weather, there was a heat wave back home and when i landed in BWI i about vomited.

3100 is a good deal, I feel like Jamaica cost 7k+ for seven days.

next stop 21.50...

errc says

You have my wheels spinning now. Was this a recent trip? Wondering what the weather is like in the summer. We did a week on the cliffs in Negril last July. All i got was people saying it's going to be too hot, rainy season etc. We had perfect weather, there was a heat wave back home and when i landed in BWI i about vomited.

I got back 6:00am saturday. Negril Jamaica man. I like Jamaica. Guardalavaca is on the NE coast so the trades are side onshore. I did caberete DR for a summer years ago which is also NE coast and about 400 miles further east. I had a room without air conditioning and didn't have much trouble. Days were about 90 and humid. The trades kicked in mid day and made it pleasantly hot instead of DC/Baltimore oppressive beyond belief hot. Nights cooled off into the low 70's sometimes high 60's and the trades blew well into the night. With the trades blowing through the plantation shutters and a big ceiling fan I was never uncomfortable sleeping.

Rainy season in the northern Caribbean usually means sunny most of the day with a big thunderstorm most afternoons,

errc says

3100 is a good deal, I feel like Jamaica cost 7k+ for seven days.

Actually 3500. $1600 air, $400 room, $1500 spending. Plus of driving to the airport, airport parking and such. I looked at club amiga all inclusive and I believe it was $150 a night or so for a standard room 2 people. That's still not bad considering it's beachfront all inclusive. The bitch would be getting there from BWI.

NAC vs 10 Year Chart

rando says

bob2356 says

Pictures aren't loading. Maybe later.

Also, what happens when you try to load pictures?

I browse it, select it, the name comes up next to browse, hit include image, the browser does the circle thing for a few seconds then stops, but nothing comes into the comment.

Firefox 51.0.1 32 bit
ubuntu linux 16.04.2 lts 32 bit

jazz music says

his is not just roads and bridges, but internet

What? Internet is free? How come I'm still paying for it?

YesYNot says

Not only will it be eternal, the fees on consumers will be much higher than any rational system would determine,

Like the $15 toll on the Outerbridge / Verizanno Bridge in New York. Soon to be higher too. It's one reason I pretty much refuse to go there anymore.

zzyzzx says

I think if you check the US for locations of toll roads, they happen to be mostly in blue states

They are tolling 520 in the Seattle area to pay for the new bridge. They left 90 free.

PCGyver says

How can one invest in something they are giving away.

A country invests in infrastructure, because of the intangible payoff of happier citizens and a boost to the economy as transportation gets cheaper in both time and money. It also results in less maintenance or tragedies down the road. It's a reasonable way to spend money and is more likely to result in GDP increase than cutting top tax rates.

I heard a Norquist tax promising republican talking about issuing bonds to pay for infrastructure and then issuing a gasoline tax hike in the future pegged to inflation to pay for the bonds. They said it was tax neutral - hahaha. The tax hike pegged to inflation should happen anyway, and that revenue would go to pay for infrastructure cost increases in the future. Spending tomorrows nominal increase in revenue today is not a sane way to pay for things.

Looks like 10yrs rate is about to continue toward 3%. If so NAC and gold will probably get a new downdraft.

Heraclitusstudent says

Looks like 10yrs rate is about to continue toward 3%. If so NAC and gold will probably get a new downdraft.

Has to break through 2.6 first. If 10 year goes to 3, NAC goes below 13.