Global Liquidity Crisis

By every measure this was a “risk off” week. And I believe James Rickards not only has the answer why but also that it may not be over yet by any means. His article published August 10, is titled, “Global Liquidity Crisis Is Underway.” Rickards expects these liquidity issues will […]

Profiting From The Coming Dollar Collapse

John Rubino, Patrick Highsmith and Michael Oliver return as guests on this week’s program. In 2004, John Rubino and James Turk wrote “The Coming Collapse of the Dollar and How to Profit from it.” John Maynard Keynes stated, “There is no subtler, no surer means of overturning the existing basis […]

Gold Flash Crash

It’s been a very tough few months for gold share owners but I’m feeling a lot more confident at the end of this week after seeing gold hold above the $1,750 level and watching a 23-minute video discussion between Matterhorn principals Egon von Greyerz and Matthew Piepenburg address gold’s recent […]

The Great Eruption Is Upon Us!

Richard Maybury and Dr. Quinton Hennigh return as guests on this week’s program. The title of this week’s show is the main topic featured in Richard’s August 2021 monthly letter. Richard says he is 90% sure that the “Great Eruption” has begun. It will yield many bankruptcies, but also new […]

Last Week’s Markets

This was a great week for the rich and powerful establishment. Stocks rose in value, no doubt allowing the smart money to sell and build cash. With that kind of “good” inflation the establishment was happy to see “bad” inflation decline this week, evidenced by a decline in commodities and […]

The Fed’s Fast-Approaching Dilemma and Yours

Alasdair Macleod, Quinton Hennigh and Michael Oliver return as guests on this week’s program. On July 22, Alasdair wrote: “The problem fast approaching all major central banks is that a rise in interest rates will be brought forward by their misjudgment on price inflation, a development which will directly challenge […]

Surviving the Destruction of America

Dr. Roger Moss and Daby Carreras are first time guests and Peter Boockvar return as guests on this week’s program. As CIO of a $3.5 billion fund, Peter closely watches macro economic conditions. Are the June 5.2% CPI & 7.3% PPI readings hinting at the start of a significant 1970s […]

Markets are Increasingly Manipulated

Because Michael Oliver had another obligation during my Tuesday radio show, I prerecorded him on Monday for my Tuesday show. As you will recall, on Monday the equity market smacked down very hard and as that was happening Michael confirmed that the support structure for the S&P was broken. By […]

New Honest Monetary Deposits Are Yours Now!

John Rubino and Michael Oliver return and John Watson visits first the first time as guests on this week’s program. As our global fiat monetary system is obviously facing destruction and the international banking system is facing seismic changes, monetary deposits not denominated in fiat money but in grams of […]

Basel III May Indeed Be Profoundly Bullish for Gold & Silver

When you buy an ETF like SPDR Gold Shares (NYSE-GLD) you may believe you own gold. But that is patently false. What you own are claims to fantasy gold. GLD makes no promises that its coffers contain any gold that backs your shares and in fact only very large shareholders […]

Between a Rock and a Hard Place. Can the Fed Escape?

Alasdair Macleod, Patrick Highsmith and Quinton Hennigh return as guests on this week’s program. With foreigners no longer buying U.S. Treasuries, the Fed finds itself between a rock and a hard place; either it keeps on inflating or the whole confidence-based valuation of financial assets will collapse, either it raises […]

Fed Buying is Supporting Markets

Gold and T-Bonds, the safe havens, gained during the past week when equities were quite volatile. My IDW fell a bit again last week mostly because of commodity prices, which are taking a breather and perhaps providing some justification for the gain in T-Bonds. But there can be no doubt […]

Is America in Decline? Preparing for the Outcome

Former New South Wales Judge Michael Pembroke visits for the first time. Michael Oliver and Michael Hudson return. From his cosmopolitan background, Judge Pembroke discusses important geopolitical changes underway with the center of power and wealth shifting from the Atlantic to the Pacific regions of the world. What are the […]

The Fed is Painted into a Corner

This week was without a doubt a “risk off” week. Or was it? One might expect Treasuries to decline (rates to rise) if the economy is so strong. As James Rickards tweeted at the end of the second quarter, “On March 31, 2021, the yield-to-maturity on the 10-Year Treasury note […]

Monetary Climate Change and Gold

Ronald-Peter Stöferle and Dr. Quinton Hennigh return as guests on this week’s program. The “Fourth Turning” written in 1997 predicted that during the mid 2000’s, major social, economic and political changes would occur in the U.S.  The 2008-09 financial crisis followed by the election of Barak Obama has indeed marked […]

Short-Term Transitory Inflation

The energy heavy Rogers Raw Materials Index was up considerably this week. Otherwise, the components of my Key Market Metrics were up only marginally. And my IDW has actually declined over the past four weeks from 189.17 to 184.24 as of Thursday, June 24. But from all I can see, […]

The Outlook for U.S. Stocks?

Dr. Peter Treadway, Michael Oliver and Corwin Coe return as guests on this week’s program. On May 5, Peter opined that “The outlook for U.S. stocks has turned negative.” That article focused on the costs of green energy being imposed on Americans by far-left politicians. But Peter who is focused […]

A Big Risk-Off Week

Given a need to travel on Friday, I’m commenting here on the basis of a four-day work week, so things could change dramatically tomorrow. But this is one of the biggest risk-off weeks in quite a while with everything down except T-Bonds. But this is nothing but a con game […]

COVID 19 and Limits to Global Growth

Robert Moriarty, Dr. Quinton Hennigh and Jeff Deist return as guests on this week’s program. The Club of Rome warns that “the earth’s interlocking resources–the global system of nature in which we all live–probably cannot support present rates of economic and population growth much beyond the year 2100, if that […]

The Party is over & our “Friends” Have Gone Home!

It’s been quite a party for America since World War II and especially since 1971 when President Nixon threw open the monetary liquor cabinet to Americans by detaching gold from money. That meant Americans didn’t have to work for their wealth because the Fed could print money that was accepted […]