Blog

It can’t happen here! How many times have I heard that one when I start to explain history to people? I have said to many of these people that “economic law is in effect everywhere in the world EXCEPT here?” A few years ago, people thought I was crazy when I was warning about what we are seein…Read More

As we enter into a new year, I am sure many are hoping for a better year in 2022. For those who plan ahead, there may be good reason to expect 2022 to be better. For those who fail to plan and figure “the Fed has my back” I believe it may be a painful time in 2022. One of the major reasons for t…Read More

Happy New Year! I hope everyone has a healthy, happy, and prosperous 2022! I believe that we will likely have to work on all three to accomplish these things. Most of all, I think that the prosperous part may be the most difficult to attain. It appears that if the Fed actually tries to fight inflati…Read More

Here we are, Nearing the end of another year. It seems like they are passing with higher frequency than I remember in the past. I guess that can be attributed to age. It also seems that things are getting stranger and stranger. I believe this can be attributed to the deceit and propaganda that perme…Read More

It has been no secret that Russia and China have been preparing for a post-US dollar dominated world for some time now. They have been doing this by setting up their own version of the SWIFT system which is what allows all participants worldwide to transfer funds to each other for trade settlement. …Read More

As we enter into the last month of 2021, I believe that many who were hoping for a return to “normal” after 2020 are a bit disappointed. While the economy has opened up a bit there are still a myriad of problems that have been created that will likely not be resolved any time soon. While many wi…Read More

Thanksgiving Note As Warren Buffett points out- Price is what you pay, Value is what you get. Of course, he is talking about investments. As I have written many times the influence on the markets by the central banks have destroyed virtually all price discovery and has led to gross overvaluations of…Read More

Consumer spending is up! This is being touted as a great sign that the economy is improving by many on the financial game shows. It is my opinion that spending is up for many reasons but that none of them have anything to do with an improving economy. While personal incomes are actually decreasing, …Read More

As the “markets” streak to new all-time highs day after day I can’t help but be reminded of 1999 when the same thing was happening day after day. Everyone was POSITIVE it WAS different THIS time. Even Warren Buffett was chided for being “left behind” and not understanding the new paradigm.…Read More

So, the Fed “tapered”. Or did they? It appears that the “markets” doesn’t seem to be buying it one bit. If there was actually a threat of lower liquidity going forward the “markets” would have likely reacted by moving violently lower. Instead, they reached yet another all-time high pos…Read More