DBA - no inflation LOL

    Posted by matt on 25th of Mar 2024 at 11:19 am

    DBA - Chart Link-

    DBA - Chart Link-

    NIA

    Posted by steve on 25th of Mar 2024 at 11:28 am

    The Invesco DB Agriculture Fund (DBA)is up by 1.37%today to a new 9+ year highand is up by 9.96%for the month of March 2024 its largest up monthin 10+ years.

    Every time we order out,

    Posted by patellee on 25th of Mar 2024 at 03:06 pm

    Every time we order out, I am shocked the average cost of a dish is now $15-$20.  Right.  No inflation.

    Yeah ... same here ...

    Posted by mla127 on 25th of Mar 2024 at 03:16 pm

    Yeah ... same here ... eating out is getting ridiculously pricey now ...   and if you drink, it's even worst ....  as it's taxed to death up here ...  ...  Like Mr Wonderful said way back ...  rich people drink the good stuff ...  everybody else drink taxes ... 

    Fwiw, Tom McClelland estimates another

    Posted by mschwand on 25th of Mar 2024 at 03:53 pm

    Fwiw, Tom McClelland estimates another leg up in food inflation when plotted against gold. Btw, Mla, ru CDN? (up here reference)

    Yes I am ... living

    Posted by mla127 on 25th of Mar 2024 at 04:05 pm

    Yes I am ... living in the Oil Kingdom of Kanukistan  ...    lived 5 years in the US ...   came back as the VISA thing was getting complicated .... if I only knew it would be so easy to stay now   

    Lol, when I saw “up

    Posted by mschwand on 25th of Mar 2024 at 04:19 pm

    Lol, when I saw “up here“, Mr. Wonderful, and taxes together it made sense. Am in the PST free jurisdiction of AB, but when I visit other provinces I’m shocked at what gets added to your bill now (like adding another meal!)

    I'm in Calgary :D ....

    Posted by mla127 on 25th of Mar 2024 at 04:23 pm

    I'm in Calgary :D .... hence the Oil Kingdom reference ... ;) cool to know i;m not alone from AB here :D   i'm originally from Quebec ... so I know a thing or two about criminal taxation level   

    wow that's very interesting?  Work

    Posted by matt on 25th of Mar 2024 at 04:11 pm

    wow that's very interesting?  Work related? 

    Yeah ... I was  working

    Posted by mla127 on 25th of Mar 2024 at 05:03 pm

    Yeah ... I was  working for Nortel back then, I was based in Texas, but was pretty much living on the road for 5 years all over the US ...and  around the time the whole thing was slowly falling apart with this company, from 2000 to 2005.  I was on TN-1 visas, very easy to get, but those are normally for temporary usage ... and non immigrant ...I wanted to be on a path for a green card, but they've been laying off peoples for years, so the company didn't want to proceed with me as it would have obviously gotten rejected; You are laying off people by the thousands ... but eh ... THIS guys is needed    ... I had many friends that their application got rejected because of this ... so they stopped doing it. My wife couldn't work on that VISA either, not that she needed too, but we were thinking about having kids at the time, buying a house etc   and having your whole life depend on a random decision of an immigration officer that stamp  or not that VISA every year was far from ideal, combined that with a failing company! I almost got in with Verizon at the time too ... but again, they were in contract negotiations with their union, although it wasn't a unionized position, they didn't want to get anyone on VISA during that time ... something came up here so we decided to go back to Canada ... We loved it in the US ... wasn't my first choice to come back, I actually didn't want to come back  ... but the circumstances pushed me to ... which is why we decided to come to Calgary ...  close to the mountains and the least taxes you can pay overall if you have to live here ...    

    awesome for you guys to

    Posted by matt on 25th of Mar 2024 at 08:34 pm

    awesome for you guys to share some of your history, love reading that

    Wholeheartedly agree - thanks for

    Posted by steve on 25th of Mar 2024 at 09:11 pm

    Wholeheartedly agree - thanks for such insights

    Ah, memories of the Nortel

    Posted by mschwand on 25th of Mar 2024 at 05:49 pm

    Ah, memories of the Nortel days (and it ruling the TSX). My cousin’s first engineering job was with them shortly before they blew up, which worked out as he made much more $ with RIM (until they blew up much later!).  Gives me nostalgia for the days of Canuck innovation, before so many gave up and just rode the housing ponzi, lol. 

    Fast food has gone into

    Posted by DigiNomad on 25th of Mar 2024 at 03:09 pm

    Fast food has gone into ludicrous mode...at least in the States I visit where they pushed through special wage hikes for the fast food industry (often $20/hr or higher). It's cheaper to go into a full service restaurant most of the time these days.  But the 17 year old behind the counter is making 40K a year, so it's all good. 

    yep case in point: 5

    Posted by matt on 25th of Mar 2024 at 03:19 pm

    yep case in point: 5 Guys - get a double cheeseburger meal, fries, drink, $26? like WTF, I can go to Texas Roadhouse and buy one of their large burgers for $15, or a local pub where the burgers are amazing for 12 to 15. It's just nuts

     Yeah, true. I think In

    Posted by mastermind on 25th of Mar 2024 at 04:13 pm

     Yeah, true. I think In 'n Out is still relatively reasonable, but unfortunately that doesn't span all the way to the Midwest.

    Denny's was the big shocker to me. Double the prices of five years ago, if my estimates are right.

    Too bad we don't have

    Posted by mla127 on 25th of Mar 2024 at 11:35 am

    Too bad we don't have that Coffee ETN anymore .... this looks rip for a nice move! ... 

    $COFFEE ... I really miss

    Posted by mla127 on 12th of Apr 2024 at 11:18 am

    $COFFEE ... I really miss the JO ETN ... had so many good trades with it ... this would have been a VERY easy one to take and make money on ...  can't be more telegraphed than this ....

    $COFFEE ... what a clean

    Posted by mla127 on 18th of Apr 2024 at 10:05 am

    $COFFEE ... what a clean and nice B/O ...   after Cocoa helping DBA ... the other bean is taking the lead in pushing the agg  basket higher ...  

    Caffeine - any idea where

    Posted by DigiNomad on 18th of Apr 2024 at 10:29 am

    Caffeine - any idea where they get the  anhydrous caffeine they put into energy drinks these days?  I assume it's not derived from coffee, but I really have no clue. If it was derived from coffee, that would be horrible for a sneaky strong industry (MONST,  CELH, etc). I mean, they have been eating SBUX's lunch and laughing all the way to the bank. 

    Copilot response:

    Posted by DigiNomad on 18th of Apr 2024 at 10:35 am

    Copilot response:

    yeah I agree mla127, that

    Posted by matt on 12th of Apr 2024 at 11:19 am

    yeah I agree mla127, that JO ETF was very good, tracked coffee well, too bad

    exactly ... lol ...  same

    Posted by mla127 on 25th of Mar 2024 at 11:21 am

    exactly ... lol ...  same goes with Oil and Gasoline ... Natty and El Nino provided a break ... but beside that it's up ...  they'll need to massage those numbers even more to make it fit the narrative ...  

    Yes especially Cocoa

    Posted by steve on 25th of Mar 2024 at 11:20 am

    Yes especially Cocoa

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