The Price of Everything & The Value of Nothing
My view is that the stock market is simply pegging itself to the idea that the central banks have backed themselves into a corner and that there’s no other option
The Oil Shock Has Arrived
The absolutely stunning drop in oil prices, which hit a new recent low, is really important to both track and understand. There are two issues here, one near term and
Protecting Your Wealth from Deflation
Executive Summary The current gold slam has *nothing* to do with the fundamentals for precious metals, which are very favorable right now How bad would deflation be? Evidence that deflation
This Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks
I am very disappointed by, but not surprised at, the latest transfer of wealth to the bankers from everyone else. The most recent gold bear raid has vastly enriched the
The New Endangered Species: Liquidity & Reliable Income Streams
The causal relationship between scarcity, demand, and price is intuitive. Whatever is scarce and in demand will rise in price to its cost basis; whatever is abundant and in low