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.
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 ...
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
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 .... 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
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 ...
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.
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 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
$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 ....
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.
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 ...
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