Not long ago, I wrote a piece on why gold was not rising. As I said then, and will repeat again now, gold’s then-yawning price moves in an otherwise ideal inflationary and negative real rate environment was just a momentary calm before the...
Critical warning signs from the credit and rates markets are being ignored by tough-talking experts while gold bides its time before it rises in a global financial crisis mathematically too sick to save.
Numerous animal metaphors (hawk, dove to goat) are employed below to make sense of an otherwise imploding financial “barnyard.” Among such squawking beasts, two financial elites from Goldman Sachs and Bridgewater are making the latest...
The bi-polar US Dollar, like so many market forces of late, is exhibiting some odd behavior. In recent interviews and reports discussing the year ahead, I specifically cited the movements of the bi-polar US Dollar as one of the most...
The facts keep piling up, and recent BIS, Treasury and Fed reports confirm that all twisted paths lead to gold. In a recent article, I posed the rhetorical question of when will policy makers finally stop lying and allow honest facts and...
With the possible exceptions of Bill Martin and Paul Volker, history will one day confirm that the Fed is precisely what Thomas Jefferson warned: A parasitical banker’s-bank that will do more damage within its host nation than a foreign...
The facts of surreal yet broken (and hence increasingly controlled and desperate) financial markets are becoming harder to deny and ignore. Below, we look at the blunt evidence of control rather than the fork-tongued words of policy makers...
Like a powerful horse tied to a post, gold is chomping at the bit to make a surge. Farsighted metal investors are patiently anticipating the macro equivalent of a starting pistol to announce gold’s run.
Below we look at recessionary, inflationary, and stagflationary signposts to determine the probability of whether we are headed for recession. The potential outcomes, in the backdrop of rising debt as real rates slide inevitably deeper...
If every time I stole a cookie from the jar in front of my mom (age 8), or drove dad’s car (sometimes into a tree) without permission (age 16), failed a dorm-room inspection (age 17), broke a lawnmower for driving over a fence post (each...