Archive for December 2019
2020 Forecast
As we get ready to kick off 2020 in a couple of days, I thought it would be appropriate to share with you a bit from my December “You May Not Know Report” 2020 forecast issue. If, after reading this forecast excerpt, you’d like to get a complimentary copy of this report, just give the…
Read MorePaul Volcker: Monetary Hero?
Each week, I often discuss central bank policies. As long-time readers of this blog know, I am not a fan of the central banking system. That said, I would be remiss if I didn’t acknowledge the passing of former Federal Reserve Chair Paul Volker on December 8 at the age of 92. “The New York…
Read MoreThe Inevitable What…
After a bit of a pullback, it seems that metals may be resuming their uptrend after last week’s price action. Given the state of world finances, the massive amount of government debts and monster operating deficits I expect that metals will be a good place to be with some of your assets moving ahead. The…
Read MoreRising Cost of Essential Items Squeezing Middle Class. Government Spending to Blame?
This past week, Charles Hugh Smith wrote a piece on this topic in which he penned these words, “If we had to choose one ‘big picture’ reason why the vast majority of households are losing ground, it would be: the costs of essentials are spiraling out of control.” In past blog posts, I have discussed…
Read MoreDe-Dollarization is Coming
The US Dollar Index was unchanged last week. As I have discussed in past posts, the US Dollar Index is a relative measurement, contrasting the purchasing power of the US Dollar with the purchasing power of the currencies of the major trading partners of the United States. So, when the US Dollar Index is higher,…
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