Believe It Or Not, 2021 Is Looking Worse Than 2020
The result is turmoil in the financial markets, possibly concurrent with the political system melting down. Which sets the stage for…
Continue readingThe result is turmoil in the financial markets, possibly concurrent with the political system melting down. Which sets the stage for…
Continue readingThe Fed did not promise to actually cut rates or expand its QE program. That sounds like a stable rather than an increased dosage. Which means…
Continue readingThe coming world is one where the excesses of the past produce chaos for everyone except gold bugs…
Continue readingBeyond a certain point even a place like California, blessed as it is with both Hollywood and Silicon Valley, can’t support the unsupportable…
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There’s no easy way to get through this financial crisis without pain. Whether it’s a 1930s style deflationary crash or a Weimar style hyperinflation…
Continue readingBack in the simpler days of 2019, there was this (now completely forgotten) impending crisis about dollar-denominated debt blowing-up emerging market economies…
Continue readingA few more trillion dollars will blink into existence, and pressure will shift from the cities & states to the dollar itself…
Continue readingThe idea that a rising gold price is good for gold miners is intuitively easy to grasp. But to understand just how good, you have to see the numbers…
Continue readingThe worst-run cities will pay a huge price for this indecision when rioters finally leave but shoppers and merchants don’t come back…
Continue readingBecause the Times tends to lead the pack, lesser outlets around the country now have a green light to cover precious metals in a positive way…
Continue readingWe don’t have a tool to fix this if the dollar starts to fall. That is the end game scenario in the financial system. When the world’s reserve currency…
Continue readingThe “European Project” was designed with something like the current crisis in mind…
Continue readingWhat’s the fate of today’s financial system?
Continue readingWhat are the odds of this happening on Independence Day Weekend?
Continue readingWhat happens when everyone else’s interest rates fall to Japan’s level? Lots of bad things, including…
Continue readingWill momentum like this will look tasty to day traders – especially those with no prior experience in this treacherous sector?
Continue readingIf we can’t stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking…
Continue readingThe major market indexes that recently soared back to record highs are being elevated by an amazingly small number of stocks…
Continue readingCalPERS has levered-up and bet the farm…
Continue readingMost Americans are no doubt praying that this is it for a while because really, our plate is more than full and we don’t deserve any more abuse. But the…
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