Your Not In Woodstock Anymore, Dorothy (Part 1)
If you don’t think the world has become unhinged, consider just a few of the top ticks from today’s madness:
Your Not In Woodstock Anymore, Dorothy (Part 1) Read More »
If you don’t think the world has become unhinged, consider just a few of the top ticks from today’s madness:
Your Not In Woodstock Anymore, Dorothy (Part 1) Read More »
The yield on the 10-year US Treasury (UST) fell to a low of 0.52% early Friday morning, prompting Deutsche Bank’s chief credit strategist to marvel out loud:
Fiscal Armageddon—Another Bastard Progeny Of Keynesian Central Banking Read More »
The Washington pols and the MSM are working themselves into a fever pitch about the so-called “fiscal cliff” dead ahead. The latter reflects the expiration this week of the $600 per week Federal UI bonus and the lapsing of several other Everything Bailout measures—including the hideously stupid and corrupt PPP program at the SBA.
Washington’s Transfer Payment Bacchanalia Read More »
Well, the Virus Patrol sure has done it. In a fit of reckless overkill they have managed to vaporize six years of economic growth during the last 90 days. And that’s just by the mechanical reckoning of the GDP accounts, where total output in Q2 weighed in at essentially the same level as Q4 2014.
Lockdown Lunacy: Your Government Ordered Depression Has Arrived Read More »
You can’t find a more red hot smoking gun than the chart below. It tells you precisely what happened to the stupendous $74 trillion gain in household financial wealth between Q2 1987 and Q1 2020 that we charted in Part 3.
Why The Political Classes Hate Gold, Part 4 Read More »
We have belatedly changed the title of this series because that there are a lot more haters of gold in the Imperial City than just the pedigreed liberals of the MSM, think tanks and Dem party apparatus.
Why The Political Class Hates Gold, Part 3 Read More »
If there was ever a single chart that could plunge a dagger into the heart of Keynesian central banking, it would be the one below. It demonstrates dramatically and unequivocally that the essence of this misbegotten enterprise is the systematic and massive falsification of financial assets prices—in this case, the world’s entire bond market.
Why Establishment Liberals Hate Gold, Part 2 Read More »
The economic and monetary confusion is flying so fast and thick at the moment that you could actually gag on it if you weren’t born yesterday (figuratively speaking, most of Washington and Wall Street actually was).
Why The Liberal Establishment Hates Gold, Part 1 Read More »
Maybe it is time to don our tinfoil hat. Here’s the flat-out lie the WSJ reported this morning in response to the weekly unemployment claims release. It sure did make you think that the jobs picture is improving by the week:
Jobless Thursday—How The Donald Is Making America Broke Again Read More »
Bubble vision saw fit this AM to run a screen banner announcing that the S&P 500 is having its best July in ten years.
Now Comes The “Money Cannon” Or Not, Part 1 Read More »