Blog

There are many out there warning that the problems in overnight funding are not only not going away but may cause some serious problems towards the end of this year. Because of all the attention being paid to this issue it is possible that it will pass with nothing more than a whimper as a few trill…Read More

I have been writing for a long time that the “markets” are so fake that they really aren’t markets at all. Every time the “markets” try to do their job and determine fair value for the asset being traded, central banks, major banks and hedge funds step in to make sure there is NO true pric…Read More

It is extremely rare that I get to use the word “guarantee” in my business. However, I am very comfortable using that word when saying that I “guarantee” you and I- and pretty much everyone outside of the “club” have NO IDEA what the Fed and other central banks are up to. This is true pr…Read More

There are many stories out there about many famous investors who got “schooled” by markets in the past. The legendary Jim Rogers told a story about how he had a group of stocks that he was sure were all going to go bankrupt because their fundamentals were so bad. In the end he was 100% correct a…Read More

Many of us watch the NFL- although probably a lot less than we used to. I remember an old receiver for the Jets- Keyshawn Johnson who played a few years and went into broadcasting. While there, he coined a phrase that caught on pretty big. It was “Cmon man!” It was generally used when somebody m…Read More

While the Federal Reserve and other central banks continue to flood the financial markets with hundreds of billions in stimulus PER DAY many are of the opinion that good times in markets are here again. For a short time, they may be right. Probably for a very short time based upon most people’s ti…Read More

As expected, the Fed lowered interest rates for the third time this year. As I also expected I almost threw up in my car as I listened to Jerome Powell (fed chair) mislead the public yet again about the economy. All is well and the economy is “in a good place” according to Mr. Powell. I guess th…Read More

I continue to be more than surprised at the total lack of outrage that should be taking place as the Fed and other central banks are continuing to destroy our US dollar and probably most other developed currencies around the world. Just a month ago the Fed announced that for a few days they needed t…Read More

I was at a party over the weekend and someone asked me “Is what is going on with the banks normal?” My answer was simple. This is so far from normal I can’t even express how outlandish what we are seeing now is. Just think about this. We are told that “all is great!” At the same time, we a…Read More

The economy is in fine shape according to Fed Chairman Powell. I really think my life would be happier if I just listened to the mainstream media, the President and his merry band of money-printers. Unfortunately, I live here in the real world. When I am told there is no inflation but prices for eve…Read More