Our Government Making Rain on America Parade
We’re back from our Ag Tour to report we could have record 2010 crops if higher fertilizer and fuel prices, government programs or torrential rains and floods do not derail it.
As the 136th Kentucky Derby gets ready for an 80% chance of rain, with favourite leading horses dropping out [...]

After 13 months of rally, many stunned market participants are either still out of the game since the 2008 Crash, when Jim Cramer recommended getting out of the market for 5 years, or buying born-again dips with abandon, greed and hope.
http://today.msnbc.msn.com/id/27045699/

Relying on the kindness of strangers may be hazardous to our wealth.
The Standard and Poors [...]

The popular Dow hit a new high today:
http://stockcharts.com/charts/gallery.html?indu

We all know about the boy who cried wolf and was not believed. Not to be confused with Chicken Little.
By the end of this trend, we may all have to think and act for ourselves.
This is a short epistle, perhaps the last for a while.
It is ultimately hard [...]

We can tell by viewers it is now unpopular to be a realist.
But that’s the way it seems, just as the fool on the hill saw the sun going down and understood the world spinning round.
No offense to W + 0 = W0e…
http://www.youtube.com/watch?v=RYA8wHC5Ebg 3:02

At serious turning points, it is easy to get emotional or think [...]

The mass media did a real disservice reporting modest declines in new unemployment claims as Corporate Government Progress and reason to jump in after a 70% romp in the Dow.
http://stockcharts.com/charts/gallery.html?s=%24indu

Maybe the lack of real media growth got to their heads?
They lost a little on each broadcast, but made up for it with volume?

http://www.cnbc.com/id/15840232?video=1463714869&play=1 5:29
We [...]

This one’s for you, Bob.
Only met Bob Prechter once briefly at a San Francisco Seminar. Knew his work after 1975, when he joined All American Bob Farrell at Merrill’s top rated technical analysis department. Subscribed to his Mensa quality well-writ Georgia letters after he graduated from Merrill.
We both graduated the same year from college in [...]

Hindsight and contrary opinion may be most clear when it comes to money.
In 1981, A Gary Shilling, Chief Economist for Merrill Lynch, recommended Treasury Bonds yielding 14.7%.
He took a zero coupon compounded ride that outperformed most other asset allocations, 20.1% a year for 28 years.
This compared to the 11.8% S&P500 with dividends reinvested.
Gold over the [...]

The US Treasury is about to introduce new Ben Franklins on 21 April 2010 because counterfeiting is a $200 Billion a year problem. No kidding.
CNBC just ran an Easter weekend show on American Greed with a guy who used his inkjet printer to print $100 and $20 bills on newsprint, then coated them with hair [...]