About Jay Taylor

Appearance of U.S. Government Solvency

Growing fear of financial fragility in the markets and rising fears of inflation are keeping the Fed suppressing the long end of the yield curve and proclaiming anti-inflation rhetoric. It reminds me very much of my early adult years, of the inflationary 1970s, when my first mortgage rate was 17.5%. […]

Biden’s Last Throw of the Geopolitical Dice

Alasdair Macleod, Chen Lin and Michael Hudson return as guests this week on the radio program. One reality American policy makers overlook is that the basis for strong nations is a strong economic footing. Believers in the Keynesian fairy tale that you can create wealth by printing money are blinded […]

A Very Dangerous Economic Period

Our Good Friday celebration shortens the trading week to just four days. The last day of this trading week, April 1 was a day of resurrection for stocks more in tune with what we Christians will celebrate in the spiritual realm on Sunday. April 1 was a happier risk on […]

President Biden’s Next $3 Trillion Boondoggle

David Stockman, Michael Oliver & Michael Timmins return at this week’s program. “Leave it to the New York Times to remind us why prosperity is not just around the corner. And that’s regardless of whether or not the force-feeding of $6 trillion of Everything Bailouts into the US economy during […]

Real World Inflation

The financial markets enjoyed a great week at the expense of the monetary metals and commodities. And in his March 25, 2021, missive, Michael Oliver’s work suggests that commodities are likely to become involved in a choppy arm-wrestling consolidation at or around current levels for the next month or two […]

Interest Rates amid Out of Control Spending

John Rubino, Corwin Coe and Quinton Hennigh return as guests on this week’s program. As countless thousands of illegal immigrants swarm over the U.S. southern borders from all over the world, Democrats can’t wait to give them free stuff in exchange for votes. It’s as if money grows on trees.  […]

Inflation Fears

We witnessed a slight whiff of deflation last week as fears of inflation drove interest rates higher to the point where they started to give stocks a bit of competition. The 10 Yr. Treasury rose to 1.75%, which compares to the 1.34% on the S&P 500. True, you get a […]

Central Bank’s Deception of Monetary Reality

Chris Powell, Michael Oliver and Patrick Highsmith return as guests this week on the program. If individuals created money out of thin air as central banks do, they would go to jail for counterfeiting theft. The need for this central bank’s immorality is to be able to clandestinely pick the […]

A Sick Cycle of Money Printing

In America, money grows on trees. Actually, it doesn’t: In America, money grows from computer keystrokes! So, party on! Wall Street celebrated this week—sort of—though there are growing concerns even among Keynesians that inflationary pressures may be about to get out of hand. Oil was a big weaker this week, […]

Investments for this Brave New World

Frank Holmes and Jeff Deist return as guests on this week’s program. Trillions of dollars created out of thin air serve to reduce interest rates toward zero. This combined with lower capital gains taxes has resulted in the greatest financial gambling casino in history and taken wealth away from production. […]

We Hold these Truths to Be Self Evident. Not!

The founding of America in 1776 was based on the following values spelled out in our Declaration of Independence. “The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected […]

The Future of Money is Gold

Alasdair Macleod, Chris Taylor and Michael Oliver are returning guests on this week’s program. Alasdair will explain why gold, not crypto currencies, is destined to replace fiat money because cryptos can only act as stores of value so long as fiat exists. Alasdair will explain how a world transacting with […]

The Return of the Bond Vigilantes?

Bloody Awful! While copper and oil continued to rise and the Rogers Raw Materials posted a strong gain this week, the Biden Treasury and friends made sure price discovery for gold and silver, which compete as money with fraudulent fiat, was denied. The paper markets once again smashed those honest […]

What Became of the Crow?

Robert Moriarty and Dr. Quinton Hennigh return as guests on this week’s program. An early settler in NW Australia, James Withnell aided by a nasty crow, first discovered gold in Australia’s Pilbara in 1888. For reasons spelled out in Robert’s book What Became of the Crow? Inside the Greatest Gold […]

Rising Interest Rate Concern

Everything was down this week except commodities (Rogers Raw Materials Index) and by my Inflation/Deflation Watch). This is evidence of rising prices in the real economy rather than financial market inflation and it seems the Bond Market (TLT) is responding with higher rates. The 10-Year U.S. Treasury rose this week […]

Could Rising Rates Pop the Equity Bubble?

Lyn Alden and Michael Oliver return as guests on this week’s program. Even though M. Oliver has been bearish on U.S. Treasuries, his analysis persistently convinced him it is not yet time to pull the plug on the U.S. T-Bond. However, his work has also persistently pointed to a rise […]

With Inflation & Interest Rates on the Rise Stocks May be in for Trouble!

I’m very concerned now that we are entering a period of stagflation akin to but likely much worse than that of the 1970s. Not only has my IDW hit new highs early this year but since the March 20, 2020 Covid-19 stock market crash, the first 4 of the top […]

Inflation Showing Up

Is the T-Bond starting to sniff out some inflation concerns? The 10-Year U.S. Treasury nudged higher to 1.21% this week. As this chart shows, the trend is undeniable. My IDW hit a new high again this week at 182.05 as this “everything bubble” continues to expand. It is primarily the […]

Extraordinary Popular Delusions & the Madness of Crowds

Kevin Duffy and Dr. Quinton Hennigh return as guests on this week’s program. America is losing its First Amendment, the key to what made it a great nation. What has evolved is economic fascism. Large corporate monopolies & media collude with elite members of the Intelligence community to silence not […]

The Upcoming Revolt of the Middle Class

Charles Hugh Smith, Michael Oliver and Chen Lin return as guests on this week’s program. Last summer BLM & Antifa wrecked havoc in most of the large cities in the U.S. while the mainstream media paid little attention to it or to the plight of America’s middle class who have become […]