Author Archives: Mike Savage

  A couple of weeks ago I wrote an article about the Chinese plunge protection team that staved off- for a short period of time- a “market” collapse caused by rapidly falling prices of Chinese stocks. In it I mentioned that while they managed to prop the prices up it produced NO VALUE. I th…Read More

I have been putting out chapters of a book that I wrote last year recently. I probably should have put this chapter out earlier than this because it lays out a lot of the reasons I, and many others, are concerned that the Central Bank Digital Currencies rollout may be coming very soon. Since this wa…Read More

I don’t think that a discussion on what may perform well-or not- would be complete without a short discussion on cryptocurrencies. It will be short because I am not any type of an expert in this area. When I am not well-versed in a certain area I try to do research and listen to those who do have …Read More

The last chapter discussed an inflationary outcome. In this chapter Let’s examine what may happen if there was a deflationary outcome. So far, I have only written about an inflationary outcome. I think it is important to look at what would happen in a DEFLATIONARY outcome and what assets would be …Read More

Since, in my opinion, the evidence seems to suggest that an inflationary depression is more likely than a deflationary depression in our current circumstances I am going to go through some assets that I think would help us navigate through rapidly rising prices. I should say that I believe that this…Read More

I remember an article that I wrote around 2009 when I described a pension plan (Chicago Transit Authority) that had a large funding deficit. To close the budget gap the fund borrowed assets at 6% and the idea was to earn 8% and keep their funding current with the proceeds. This took place in 2007. I…Read More

While my opinion is that we are going down the path to becoming the next Venezuela, Argentina, Zimbabwe or Weimar Germany, there is no guarantee that this is the way it will play out here. I believe that this is most likely but when you have a third party calling the shots (Fed and other central ban…Read More

In my next installment I want to give my reasons for writing this and a brief overview of where things stand now. As I re-read what I wrote last year all of the major points remain the same- only some numbers may have changed. Hopefully, this installment will give you a better insight as to some of …Read More

As I mentioned in my New Year note I am going to be putting out a book that I wrote last year in this format. If you are so inclined, you can print up each note and after about 7 or 8 notes you will have the existing content of the book. As I also said, I wanted to make this open-ended so that as ne…Read More

As we approach 2024, I wanted to take a moment out to thank everyone who reads my articles week after week. Many may say that I am negative- personally I would just say I am honest and calling it as I see it. I don’t believe that I have ever seen a more precarious setup for a year than I see right…Read More