No Wonder the Market Is Skittish
The equity, real estate and bond markets all rode the coattails of the Fed’s ZIRP and easy-money liqudiity tsunami for the past 13 years. As those subside, what’s left to…
Continue readingeasy money
How GDP Stats Create the Illusion of Fed-Fueled Economic Growth
Bubble activities cannot sustain themselves without support from central bank monetary pumping…
Continue readingThe Real Action Is Still To Come: The Gold Bull Market Has Years To Run
The boring market action in gold, a form of money that has protected against financial and societal chaos for all of recorded history, looks like…
Continue readingFed Statements Drive New Rally Momentum In The Stock Markets
The current inflationary concerns are less important than current global market expectations…
Continue readingSavings Are the Foundation of Economic Growth
In the real world, one has to become a producer before one can demand goods and services…
Continue readingIncreasingly Chaotic Volatility Ahead: The New Normal Few Think Possible
That the era of stability has ended and a new era of increasingly chaotic volatility has begun is not on anyone’s radar as a possibility…
Continue readingThe Problem with Record-Low Interest Rates
Interest rates in developed countries have been falling for years as governments prop up economies with easy credit. This comes at the expense of…
Continue readingIf COVID Didn’t Hurt Stocks, Why Should a Vaccine Help?
Another vaccine, another rally. Easy money is here to stay no matter what happens with COVID…
Continue readingHow Fear and Uncertainty Drives Demand for Gold
Even those in the nonfinancial media have noticed the skyrocketing price of gold this year. Some partially identify, but don’t quite understand, some of…
Continue readingThe Central Bank “Bailout of Everything” Will Be a Disaster
The same time as we see the largest support plan since WWII, we are witnessing two dangerous collateral effects: the rise of zombie companies and the collapse of…
Continue readingWrenching And Immediate Jobs Problem, Just As Consumer Prices Must Rise
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Stitcher | Email | RSS
Charles Hugh Smith joins us today to discuss the economic reality on Main Street that’s totally disconnected from Wall Street. From the abrupt loss of jobs, to a consumer that’s […]
Continue readingWith Cheap-Credit Boosted Demand in Free-Fall, What’s the Upside of Re-Opening Small Business?
Since superfluous demand was the core driver of most consumer spending, and that demand is in free-fall, what’s the upside of re-opening?
Continue readingAn Embarrassed, Insulted And Ashamed Boomer’s Plea
They’re not kicking a can down the road; they’re kicking a ticking time bomb of social unrest & civil disobedience directly into the laps of their children…
Continue readingLeverage and Cheap Money Have Set Gold and Silver to Soar
The money printing continues, which will result in short-term deflation followed by stagflation or hyperinflation. Here’s what it means for gold & silver…
Continue readingHow Easy Money Is Increasing the Devastation of the COVID-19 Panic
There has been long and virulent asset inflation in which financial engineers have…
Continue readingFormer Fed President Fisher: Fed Has Created A Dependency On Cheap Money
Wouldn’t that mean that Fisher himself helped create that dependency?
Continue readingJohn Rubino: All Bubbles Must Blow Up At Some Point
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Stitcher | Email | RSS
Central Banks and Governments are trapped…
Continue readingGold’s Performance During Times Of Global Monetary Easing
Investors should be aware that the dovish U-turn among the central banks may boost risky assets in the short-term, however…
Continue readingIt’s Becoming Obvious Trump & Powell Can Barely Keep The Plates Spinning
SD Friday Wrap: It is all too clear that President Trump & the Fed are losing their control over the economy & the markets…
Continue readingPresident Trump To Put A Floor Under Gold & Silver Prices This Week By Attacking The Fed?
SD Outlook: Get ready for MSM hit pieces on gold & silver, but the anti-gold propaganda might just truly be trumped by Trump’s bullying…
Continue reading