Jim’s Quote of the Day:

“We then, [as] workers together [with him], beseech [you] also that ye receive not the grace of God in vain.(For he saith, I have heard thee in a time accepted, and in the day of salvation have I succoured thee: behold, now [is] the accepted time; behold, now [is] the day of salvation.) Giving no offence in any thing, that the ministry be not blamed: But in all [things] approving ourselves as the ministers of God, in much patience, in afflictions, in necessities, in distresses, In stripes, in imprisonments, in tumults, in labours, in watchings, in fastings; By pureness, by …
















Jim’s Quote of the Day:

“If we get one bad, unsuspected news event I guarantee you it will be lights out very quick. One of the things these algorithms do is they make sure the input is good. And whenever the input isn’t quite good they back off. When I say back off I mean they back off in the blink of an eye. So it can go from good to very bad that quickly. And all it’s going to take is some unforeseen news event and they won’t be there. And then we’ll see what the liquidity is.” – Eric Hunsader, in a Peak …




Jim’s Quote of the Day:

"Let the American youth never forget, that they possess a noble inheritance, bought by the toils, and sufferings, and blood of their ancestors; and capacity, if wisely improved, and faithfully guarded, of transmitting to their latest posterity all the substantial blessings of life, the peaceful enjoyment of liberty, property, religion, and independence." – Joseph Story, Commentaries on the Constitution, 1833




Jim’s Quote of the Day:

“For [in] those days shall be affliction, such as was not from the beginning of the creation which God created unto this time, neither shall be. And except that the Lord had shortened those days, no flesh should be saved: but for the elect’s sake, whom he hath chosen, he hath shortened the days. And then if any man shall say to you, Lo, here [is] Christ; or, lo, [he is] there; believe [him] not: For false Christs and false prophets shall rise, and shall shew signs and wonders, to seduce, if [it were] possible, even the elect. But take …




Jim’s Quote of the Day:

“Now he that ministereth seed to the sower both minister bread for [your] food, and multiply your seed sown, and increase the fruits of your righteousness;) Being enriched in every thing to all bountifulness, which causeth through us thanksgiving to God. For the administration of this service not only supplieth the want of the saints, but is abundant also by many thanksgivings unto God; Whiles by the experiment of this ministration they glorify God for your professed subjection unto the gospel of Christ, and for [your] liberal distribution unto them, and unto all [men]; And by their prayer for you, …




Jim’s Quote of the Day:

“Ask yourself, why do I hold some of my wealth in the form of money? The answer is, because you like the unique flexibility that only money can give you. If you have demand for money, it means that you have demand for purchasing power in the form of money. It is not a specific number of paper notes or weight of gold that you desire to hold – neither, by itself, does anything for you – but it is the spending flexibility that the monetary asset gives you, its exchange value, that you demand. From this, some powerful conclusions …







Jim’s Quote of the Day:

“Even after the elite decamp there’ll be plenty of good eatin’ left on the carcass for the stay-behinds. This hasn’t gone unnoticed by the somewhat less than elite. For one, their toadies in DC have been building Führerbunkers and stocking them with supplies and ammunition for the day when they’re toadies no more. Some of the toady’s toadies have retreats and plans of their own. They keep it quiet, unsurprisingly. Then it’s all against all, a spectre of flag-waving warlords and tribal strong men, of alliances and secessions, of fiefdoms and redoubts and contested regions. Everybody who wants to be …