Extreme Charts: Weirdest Year In US Economic History
If “weird” equals “bad” in economics, which it frequently does, the odds of this ending well are rapidly approaching zero…
Continue readingUS recession
Gold Bull Not Over: Gold Is Ready To Rumble
Momentum is a two-way street. The same forces that caused the gold market to overshoot on the downside will cause the next rally in gold to…
Continue readingGood & Bad News: Most Of Population That Wants Vaccine Can Get It By Late 2021, Won’t Rescue Economy
Assuming Joe Biden will be the next president, his administration will have to confront this recession. How might his economic team try to…
Continue readingBracing For A Painful 2021: 38% Of Americans Say They Will Spend The Year In ‘Survival Mode’
Without paychecks, millions of unemployed Americans are unable to pay the bills, and we are being warned that we could be facing a historic…
Continue readingHow the Covid Response Has DESTROYED the Personal Finances of Americans
It isn’t so much the virus that has caused our financial woes – it’s the response to the virus. Federal, state, and local governments have deemed…
Continue readingGold’s Squeaky Wheel Gets Some Oil
A nice bull wedge pattern appears to be in play on the daily gold chart. If gold trades down towards $1800-$1750, investors should…
Continue readingOwn Gold & Silver If You Distrust Government
Amidst the unprecedented fallout from the pandemic and uncertainty in the global economy, the owning of gold & silver is a no-confidence vote against…
Continue readingMass Layoffs Coming One Way or Another
“…massive layoffs of city and state workers and turmoil in the bond market. That kind of thing alone is enough to send the U.S. back into…”
Continue readingWe Destroyed the World’s Greatest Economy for No Reason
Was it all worth it?
Continue readingThe Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer
One would think that this seemingly endless cycle of lockdown-relaxation-lockdown would lead the authorities to rethink their strategies, but that is…
Continue readingSurvey: One Out Of Every Five Americans Could Be Out Of Money “By Election Day”
A substantial portion of the US population is desperate for another round of stimulus checks because they are almost entirely out of cash. In fact, a…
Continue reading15 Signs That America’s Economic Depression Is Accelerating As We Head Toward The Holiday Season
If you have been waiting for a “recovery”, you can stop waiting, because what we saw in the third quarter was about all the “recovery” we’ll get…
Continue readingThe Explosion Of Bankruptcies & Layoffs In The US Is Unlike Anything We’ve Ever Seen Before
The US economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter…
Continue readingEconomic Impact of Second Covid Lockdowns Will Be Severe
Yes, there’s a second wave that we should fear, but it’s the second wave of damage for the economy being brought about by an inappropriate amount of…
Continue readingMSM Stokes Violence, Dem Voter Fraud, Economy Still Weak
If you want to know who to blame all the violence on, you can find many guilty parties…
Continue reading“The US Economy Felt Like A Balloon In Search Of A Needle”
The U.S. economy felt like a balloon in search of a needle. We never addressed the root causes of the 2008 financial credit crisis…
Continue readingTrump Election Blowout Win Coming, More Blacks for Trump, Economy Sinking
All this talk about the November 2020 election being close is pure lunacy. It’s going to be a blowout for President Trump in November…
Continue readingCharities “Have Lost Billions In Revenue”, 1 In 5 Churches In America “May Not Survive”
Cutting back on giving is often the very first step that people take when it comes time to reduce expenditures, and that is extremely unfortunate…
Continue readingSigns Of Stock Market Trouble As We Head Into Fall?
Many of the greatest stock market crashes in history have happened in the Fall. Investors may be trying to bail out before this latest bubble bursts…
Continue readingFood Prices Rise To Dangerous Levels As “A Second Wave Of Layoffs” Hits The U.S. Economy
If prices keep going up like this, a lot of Americans are going to have to start cutting beef out of their diets because they cannot afford it…
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