Blog

I was pretty upset when I found out that the Treasury Department put the American Taxpayer on the hook for $450 billion so the Fed (who conjures up cash for literally NOTHING and charges us interest on it) would not incur any losses on the $4.5 trillion that they are going to use to buy High Yield (…Read More

Some headlines and thoughts which show where we are currently at: “US Industrial Production Plunges By Most In Over 100 Years”- Zerohedge Don’t forget it was plunging for 2 years prior to any virus- this just greased the slide! “Will Get Worse”-Virus Pushes Germany Into Recession” -Zeroh…Read More

Nothing is what it seems. It seems to me that this one statement explains the world we are currently experiencing. When you have “leaders” with no morals you wind up in a situation like we are seeing now. This is not a “D” or “R” thing. I believe that the whole lot of them have been sell…Read More

Many people have to be asking this question as the “virus” is proving to be no more deadly than the seasonal flu based upon research from around the world including Stanford University. Still, we have most states that are still mostly locked down and populations locked in. 24/7 fear-mongering by…Read More

Congrats to the stock market bulls! We just had the best returns in the major stock averages for the month of April since 1987! Time to celebrate? I don’t think so. I think we really have to question whether this rally can last. Keep in mind that as I write this on Friday morning the Dow is at 23,…Read More

A few weeks ago I wrote that I didn’t understand the allure of stocks when the economy is crashing around us. Since then, despite crashing fundamentals and a crashed economy, the “markets” have overall risen thanks to the trillions in stimulus “cash” conjured up by central banks and assets…Read More

The central banks of the world are on a historic run that I believe just a few years from now people will be wondering how we could have been as clueless as we are. In the past few weeks we have seen literally tens of trillions of pretend currencies conjured up from nowhere to purchase assets and st…Read More

There is certainly more than enough to write about this week! The problem I am having right now is figuring out which major news is the most important. Is it the 10-year yield nearing ½ %? Is it oil futures trading at MINUS $40.00 on Monday and between $8.00-$10.00 per barrel through June on Tuesda…Read More

I watched a great video last night by Mike Maloney. In it, he explained what I have been saying for years but in a way that was right to the point and easy to understand. I have said many times that as the central banks conjure up money from nowhere it creates NOTHING. No food, no energy- NOTHING. W…Read More

We are bombarded day by day about how great the economy was before the virus even though I have been reporting the government’s own numbers which have been terrible for over 18 months and were falling hard long before February 2020. We are being told that our major banks are “well capitalized”…Read More