I hope you've been having as much fun as I have watching gold go up, which has been our sole consolation in this mad world.The Powers That Be (TPTB) want a war, and they shall have it, by God!So, the best we mere mortals can do is position ourselves correctly for the inevitable market moves. After all, it's silly to sit idly by when we can profit from government-induced volatility of course, that...Read More

So-called artificial intelligence (AI) is taking the world by storm. Meanwhile, gold has shot up like a rocket over the past couple of months.In mid-February, gold was trading at $1,990. Two months later, gold is trading above $2,400 a $410 gain in just two months.So here's a question:Is there a connection between AI and gold? It seems like an odd question. But as it turns out, the answer is yes...Read More

As you know by now, this weekend Iran attacked Israel with a combination of drones, cruise missiles and ballistic missiles. While we don't have the exact number, reports indicate that the attack included about 300 drones and missiles in all.The attack was primarily focused on military and intelligence installations, not major population centers like Tel Aviv. It apparently caused little damage, as...Read More

Gold is once again dashing to new all-time highs.Investors are finally starting to notice what we've been talking about for months: A new bull run for precious metals is upon us. And if you pay close attention, you have the opportunity to ride the early rallies as gold, silver, and other metals take the market by storm.We've closely followed gold's breakout potential since late last year when the...Read More

This is that part of the movie where the hero you tumbles off the cliff on Kong Island in a lightning storm with a canyon full of tarantulas down below where you'll soon be landing. I know, not a pretty picture.The cliff is our country's financial quandary; the lightning is us getting sucked directly into war; and the tarantula pit below is the emerging peril of COVID vaccine injury and death...Read More

The United States economy is largely a "financialized" economy.Financialization: "The increase in size and importance of a country’s financial sector relative to its overall economy."Is financialization a sickness of corroding empires? Do previous examples exist?These are the questions we tackle today.The financial industry represented 10% of the gross domestic product in 1970.By 2010 the fi...Read More

In April 2020, I confidently predicted a political revolt, a movement against masks, a population-wide revulsion against the elites, a demand to reject "social distancing" and streaming-only life, plus widespread disgust at everything and everyone involved.I was off by four years. It looks like the backlash may finally be here. New literature is emerging to document it all.The new book White Rural...Read More

As soon as Greg Ip wrote his asinine "What's Wrong With the Economy? It's You, Not the Data" piece in The Wall Street Journal last week, I had a funny feeling Karma was about to bite The Establishment in the ass.Well, Karma acted like a real Karen yesterday when the inflation numbers came out.In a showing that surely made Joke Biden take a deep sniff, the CPI rose 3.5% in March. Core prices, which...Read More

Treasury Secretary Yellen recently took an airplane to China.To our everlasting astonishment the aerial machine arrived intact.It was after all "constructed" by Boeing.In China the American potentate read her hosts a severe lesson... and wagged a lecturing finger in their stern faces.She bellyached and moaned about Chinese economic "overcapacity."China in Ms. Yellen's telling is overproduc...Read More

Let's say that Trump wins the November election. What would a second Trump presidency actually look like?Today we're going to investigate that question. Let's first back up to the 2016 election.Trump ran the most incompetent presidential transition process in my lifetime and perhaps the worst in history. The problems began with the fact that none of Trump, his family members and inner circle actua...Read More

As Bitcoin once again approaches new highs this week, let's take a moment to dissect crypto's incredible 2024 rally and where it might go from here.First up: some eye-popping statistics:Bitcoin has rallied 70% year-to-date, and nearly 160% over the trailing 12 months. It finally posted a new high in March after eclipsing $73,000, its first all-time high following the ugly "crypto winter" bear ma...Read More

If your situational awareness is well-tuned, you can put together a political weather report from the swirl of events that otherwise seem to confound the degenerate simps who pretend to report the news.Events are tending in the direction of self-reinforcing, ramifying chaos, and the people running the show are obviously insane as they do everything possible to hurry chaos along.Case in point: Anto...Read More

The man's name is Andrew Zatlin.The Wall Street Journal labels him "the Moneyball Economist."Why the "Moneyball" economist? Answer shortly.Meantime, Bloomberg heaps praise upon his economic forecasting.That is because his crystal ball is remarkably and reliably clear.He routinely runs his circles around crackerjacks from Goldman, Morgan Stanley and the rest of them.And today we are mightily please...Read More

The New York Times has published a strange article by Justin Wolfers, an economist at the University of Michigan. The headline is that his economist brain makes him say with regard to inflation: "Don't worry, be happy." The article gives the reader as much reason to trust economists as you do epidemiologists, which is to say none at all.The idea is that if both prices and income go up together, it...Read More

In this little-known part of Africa, France and the United States are in the process of getting kicked out.Usually, no one would care other than the pearl-clutching elite wondering why the natives rejected their particular brand of imperialism. But this casting out has far-reaching implications, as nature abhors a vacuum.Of course, Russia and China will fill that vacuum.But first, let's name and d...Read More

I know that April just started, but the November election will be here before you know it. And the upcoming months are going to be fascinating and not necessarily in the positive sense.We all know that wild cards from a possible criminal conviction of Donald Trump to a strong third-party showing by Robert F. Kennedy Jr. to a sudden withdrawal by Joe Biden due to his visibly impaired physical and...Read More

"Mundus vult decipi, ergo decipiatur" the world wants to be deceived, so let it be deceived.We believe there is vast justice here. The world yearns to be deceived, eternally and infinitely deceived.Why else sisters and brothers do people attend magic shows... consult psychics... or read New York Times editorial columns?Why, indeed, do people vote?The answer, so far as we can discern, is beca...Read More

The US Dollar index pushed toward its February highs during a strong April Fool's Day rally.No, this isn't an elaborate practical joke. The buck is on a tear again after bouncing off its March lows. It's now threatening to sneak back toward its November highs, erasing the steady drawdown that helped trigger the melt-up rally in late 2023.If traditional market relationships hold true, these develop...Read More

Who was not impressed seeing the sudden and total collapse of Baltimore's Francis Scott Key Bridge after getting its pylon bonked by the container ship Dali a few hours before the dawn's early light in Baltimore harbor?The symbolism was hard to miss.In America's ongoing death-of-a-thousand-cuts, that one literally severed a major artery, but it may take a while to know how badly the wounded coloss...Read More

A lot of people seem to have forgotten about the war in Ukraine. That's a mistake.Russia is slowly but steadily defeating Ukraine, which is becoming increasingly obvious to everyone except the most anti-Russian diehards.That's leading to desperation in elite Western circles determined to stop Russia one way or the other. In their minds, they simply can't let Putin win. They think that if Putin win...Read More