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 readingIf “weird” equals “bad” in economics, which it frequently does, the odds of this ending well are rapidly approaching zero…
Continue readingMomentum 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 readingAssuming Joe Biden will be the next president, his administration will have to confront this recession. How might his economic team try to…
Continue readingWithout paychecks, millions of unemployed Americans are unable to pay the bills, and we are being warned that we could be facing a historic…
Continue readingIt 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 readingA nice bull wedge pattern appears to be in play on the daily gold chart. If gold trades down towards $1800-$1750, investors should…
Continue readingAmidst the unprecedented fallout from the pandemic and uncertainty in the global economy, the owning of gold & silver is a no-confidence vote against…
Continue reading“…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 readingWas it all worth it?
Continue readingOne would think that this seemingly endless cycle of lockdown-relaxation-lockdown would lead the authorities to rethink their strategies, but that is…
Continue readingA 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 readingIf 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 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 readingYes, 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 readingIf you want to know who to blame all the violence on, you can find many guilty parties…
Continue readingThe 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 readingAll 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 readingCutting 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 readingMany 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 readingIf 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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