Archive for December 2022
Economic Deterioration and Washington Excesses
As the year 2022 comes to a close, and we look forward to next year, it is difficult to move ahead, anticipating a better year economically speaking. That might seem too negative since the year 2022 wasn’t great economically. This past year saw negative economic growth in the first two quarters of the…
Read MoreOrwell and Gold
In reading an article penned by Egon von Greyerz this past week, I was reminded of the prescient writings of George Orwell as it relates to where we now find ourselves economically and politically. While I would encourage you to read the entire article for yourself, let me share some excerpts with you…
Read MoreInflation and Digital Currency
The push toward central bank-issued digital currencies continues as inflation continues to demolish purchasing power around the world. This chart, published by “Visual Capitalist,” illustrates how the official inflation rate is now double digits in more than half the countries around the world. Not really all that surprising, given that politicians around…
Read MoreLong-Term Stock Forecast
While the overall stock market trend remains down, stocks did begin to show some signs of life last week, technically speaking. As the chart below, a weekly chart of an exchange-traded fund that tracks the S&P 500, illustrates, the longer-term downtrend line in place since the beginning of calendar year 2022 may have been broken…
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