A quiet Sunday around the ranch:  Working on the ongoing list of projects so that as we sink deeper into Economic Depression, we will be as best prepared – as much as anyone can be – for such events.  3-million cases this week, over 200,000 dead. One of the reasons I have maintained a “bug-out” … Read More

Short for “Time To Re-Think Texas?” Don’t get me wrong, we love this place beyond belief.  It has almost everything we could want. More than a million square feet of land.  Since there are 43,560 square fee, and there are 28.82 of them (more/or less) then 1.256 million square feet, or a square 1,120 feet … Read More

A simple snip from the (not so) Federal Reserve on what we’ve been telling you was Making Up Money (MUM) policy.    See 3-months M1…and think about buying a wheelbarrow… All of which exposes the key economic question: If the stock market was to drop 30%, but you threw in an offsetting amount of cash … Read More

Hard choice this morning, trying to “call it right” in terms of what will impact people’s lives most.  We remain on the cusp of economic Depression, the main driver of this – the virus – is still rolling with some areas reporting upticks now. As a consequence, the food situation is getting dicey – with … Read More

We’ve probably all heard the old saying “When Fortune hands you Lemons, make Lemonade.” Old sayings like that become old sayings because there’s an element of Truth to them.  And so, I got to thinking about how Elaine and I could turn Covid-19 into a positive thing in our lives. Surprisingly, the answer was simple:  … Read More

A cryptic graphic related to this morning’s discussion in the ChartPack: As always, we shall see…just remember 1.7% and we hit it within 20 minutes of the open. g

Two items matter this morning:  Understanding dynamics of serialized news will satisfy our “news junkies.” While “Trading channels with expectation ranges” may help those transitioning from Vegas to Wall Street. After the usual doses of news and this morning’s Charts… More for Subscribers      |||   Not a Subscriber?  SUBSCRIBE NOW!       |||   Subscriber Help Center

With the Price of Oil crashing to lifetime lows, it has become apparent that the Fed has seriously screwed-up and does not understand what happens when hyper-deflation (here at the bottom of the economic long wave cycle) runs into hyper-inflation as demanded by compounding effects of interest on the federal debt.  And egged further into … Read More

I made a promise to myself this weekend:  I would try to write “tighter and brighter” columns.  That decision was reinforced when Elaine and I listened to the presidents press conference Sunday. Getting to the point matters: Over the course of 50+ years as a news/management/operations geek, old man Ure  (moi) has been to a … Read More

It’s never hard to pack for a trip – just so long as you know  where you will eventually end up.  Then, it’s easy to see – amongst all your present gear – what will work when you get to the new destination. You don’t pack too many sweaters for a trip to the Sahara.  … Read More

Wherein we “look ahead in the rearview” with a unique historical guidepost system most people don’t think about. Not saying that we are going back to the “past-Ure” but if you’re wondering what will need doing in the “Post-Tech world” business ideas abound. Which will be grist for the brain after an assortment of headlines … Read More

A group of investors ought to be formed to sue the hell out of the Federal Reserve for price-fixing.  Because, near as we can figure it, that’s just what they’re engaged in.  Making up money and distorting markets. I can’t think of a single provision under the Constitution law that permiting goverment a right to … Read More

To the point this morning because much work remains to be done in  the garden today.  And we were busy as hell yesterday – more on that toward the end of this morning’s note. First Up:  Housing Starts Is there an economy left?  Well, sure…especially in big “coop-dweller” markets: Building Permits  Privately?owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,353,000.   This is 6.8 percent (±1.1 percent) below the revised February rate of 1,452,000, but is 5.0 percent (±2.4 percent) above the  March 2019 rate of 1,288,000. Housing Starts  Privately?owned housing starts in March were at a seasonally adjusted annual rate of 1,216,000.  This is 22.3 percent (±12.2  … Read More