Blog

The illusion of “normal”. This is a phrase I have used often in the past but I believe that where we are at right now exemplifies just how Abnormal our current circumstances are. I hear Larry Kudlow come out and say we have a “spectacular recovery” going on. Our President calls it a SUPER-V!…Read More

As I looked at Facebook this morning one of the first things I saw was a post that showed the “markets” were rising and that this person was giddy with excitement. I guess I might be too if I had no clue that the “market” has nothing to do with the underlying economy at all. The economy is d…Read More

Just as was expected, Jerome Powell (Federal Reserve Chairman) announced that the Fed is ready to let inflation run hotter than the 2% mandate that they have set. What this means in English is that we can expect low to possibly negative interest rates for as far as the eye can see and more conjuring…Read More

I see many articles out there promoting the idea that the Fed and other central banks are losing control of the situation that they themselves have created. They make many good points about the fact that the debts that have been piled up globally could not ever be repaid with the current values of t…Read More

There is a lot of information being disseminated out there. Too bad a lot of it is more mis-information than facts. I see many people like Steve Mnuchin and Larry Kudlow coming out and talking up the economy while I am witnessing a depression take place right in front of my eyes. I am watching small…Read More

I have spoken many times about our “markets” being nothing but an illusion and that all prices are fake. I believe I have made that point enough but there is another set of circumstances which, it appears to me, is skewing people’s view of reality also. As the government is setting up for anot…Read More

Many people have been surprised by the large gains in the precious metals sector recently. The only surprise to me is how long it has taken to play out. The question now seems to be “How far can this go?” It is anyone’s guess but I think it is safe to say that there will be major upswings and …Read More

It’s been a long time since I have written specifically about the gold and silver markets. Generally, I like to keep an eye on what is happening economically, politically, socially and geopolitically to try and determine what assets might perform better than others in the future. Many of my recent…Read More

It is with great sorrow that I am watching many of my favorite cities become shooting galleries and once beautiful places being turned into outdoor homeless shelters. I am also appalled at the destruction of beautiful properties, statues and architecture that remind us of our past. I saw somebody ac…Read More

Will they or won’t they? Will the congress and President cave and continue the massive stimulus that has, so far, headed off a total implosion of our economy? While I can’t answer that right now, I can say two things that I am very confident of. #1 If they fail to continue “extra” payments a…Read More