Merry Christmas & Happy New Year

Obama "Recovery"

Millennials finally get to claim a trophy for an achievement they actually earned (no participation medals here)...that's right, Millennials have officially set a 75-year record for highest percentage of young adults living at home with mom.  At just under 40%, Millennials are barely shy of the all-time record of 40.9% set in 1940, after the end of the Great Depression. 

Today December 20 & Christmas

It's been 23,010 days counting leap days and 821 full moons.  For all the high tech gadgetry, for all the advances in medicine and big pharma, for all the digitization of life in America, unfortunately, there is still no cure for the common birthday.

But hey, who cares?   Today's my birthday!   

The date was December 20^th in Morris, MN.   There was a full moon that night.     

Thank you to Mom who made it happen.  Mom had open heart surgery when she was 4 and was told not to have children.  Then I came along!  I like to say birthdays should be celebrations for Mothers and what they went through!  Birthdays should require presents to Moms!  If you have a Mom treat her like a queen on her birthday! 

These days I feel good, I feel healthy.  Less is more and still difficult to push the plate away. My kindergarten teacher would be proud if she could see how well I nap.  It felt good hunting in the hills this fall, just not as hard and fast as the old days.  I say the biggest component of anyone's net worth is their health.  Health maintenance is my responsibility.  I own that.  

I know I'm getting older because when I pull comfortable friendly garb out of my closet my wife often uses terms like, VINTAGE, RETRO or "SO 80's".  

And at this stage my bucket list is getting smaller and my fuck it list is getting longer. 

It's been a hell of a run.  Doing it my way with hard work when meeting opportunity paid off. With some luck I always had enough and then some.       

I learned long ago I chose great parents and thank God every day  for two healthy sons and being married to the smartest person in the room.   Usually any room.  And I never question her judgement, just look who she married!  

The older I get the more I have to be thankful for.  I know the good old days are here and now.  I am blessed and the cool thing is I still believe the best is yet to come.   

Remember, the importance of birthdays is not how many you have had but how well you celebrated so this holiday season, cheers and bottoms up to all my friends, I'll raise a toast to you, maybe several, if the beverage is aged and smooth!  

From our home to yours, sending thoughts and prayers for a very Merry Christmas and best wishes for an even better 2017.

This has a great ring to it............

President Donald Trump.

Only 1 candidate for President of the United States of America called for a wall to be built to keep criminal aliens out of our country.

Only 1 called for a ban on Muslims.

Only 1 called for deportation of illegals.

The GOP party flatly denounced him.

Trump won in a landslide.

Dear CIA and FBI...........

If H. R. Clinton won the popular vote in America what effect again did the Russians have on the election?

So the Democrats are 100% correct.  The election was stolen.

Stolen from Bernie Sanders by Hillary Clinton and the DNC.  

Wikileaks tell us so.............

Facts. Charts don't lie..................

Hillary Clinton says that "President Obama doesn't get the credit he deserves for the recovery that is taking hold".

Charts are facts.    

Rigged, another day of rigging..........Gold battered, silver tattered

"over 90,000 contracts in gold futures were puked .....over $10 billion notional..."

Yet, not even "one" ounce changed hands in the process!

Gold is suffering the worst 6-week tumble since May 2013 and the last 24 hours have seen the losses accelerate as following The Fed's second rate hike in a decade, someone dumped over $10 billion notional of the precious metal through the futures market. As the dollar surges to 14 year highs (and EUR tumbles) so silver also is plunging most since the election near a $15 handle once again.

Over 90,000 contracts were puked through futures in the brief time after yesterday's rate hike decision - over $10 billion notional, and that selling pressure has re-accelerated this morning.

When the derivative market for Gold/Silver finally gets busted by the physical side of the market it's probably going to be the biggest fireworks party the world has ever seen.  Buying physical Gold is like buying a Lottery Ticket,  where you know the odds of winning are 300 to 1,  you just don't know the date  that they announce the winner.

Yellen Fed Speak aka bullshit................

Normal ranges??? I believe it's fair to say that Yellen is either under duress, a bold face liar, or completely clueless.

28 P/E totally normal. As is 3 times book value. Highest price to sales ever. Earnings yield below 4%.

I can't think of anything more normal than that for stocks.