Before I engage in my usual dissection of the bull crap session, here is the actual Federal Reserve Open Market Committee statement straight from their […]
About That Golden Age GDP Report for Q4 2025
Today's GDP report came out and of course the media focused on their favorite metrics but the statement from the Bureau of Economy Analysis couldn't have been release before President Trump released his usual social media commentary. Actually, "Two Late" (sic) Powell could have cut rates 100 bps in September but the President who is nothing even remotely close to being an economist much less a banker doesn't understand anything about the Fed's transmission rate or duration. The report was ugly enough for him to truther so let's see why together: That's brutal, a 3% drop primarily attributed to 1% for the shutdown and a general slow down in economic activity across the board. This has nothing to do with…
About That Golden Age GDP Report for Q4 2025
Today's GDP report came out and of course the media…
Trump’s EPA Decision was Based on Science and Logic
I long ago said that when President Trump did good…
Is the Precious Metals Correction Over?
The panic for the permabulls in precious metals was palpable.…
01.30.26 Bank Failure Friday First of 2026: Metropolitan Capital Bank Chicago, IL
I guess while the regulators are still working a few…
Bessent and Trump Again: Bragging or BS?
As I’ve said since day one of his administration version 2.0, I hope he succeeds in a lot of the policies he’s attempting but some […]
Do Stocks Really Enjoy a Good War?
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for […]
Blue Horseshoe Says Go Short Oil
I don’t want to openly say that US markets and futures are manipulated, however there is a good bit of evidence from the documentary movie […]
What This Morning’s Empire State Manufacturing Survey Said Which is a Warning for the Fed
The New York Federal Reserve Bank published it’s monthly Empire State Manufacturing Survey and the headlines were disturbing to the financial markets for all of […]
The Iran-Israel War: 30 Years of War Drums Reaches a Finale
“Those who cannot remember the past are condemned to repeat it.”–George Santayana, The Life of Reason, 1905 Before I offer a brief analysis of the […]
A Quick Prediction on Today’s CPI Report
If we’re all supposed to be dorks and believe the financial pump and dump media, the BLS report on CPI at 8:30 a.m. will be […]
The Silver Breakout Indicates Much Higher Prices
At the end of 2024, I posted my annual prediction for precious metals with gold already nailing its year end target earlier than I even […]
S&P 500: Gappapalooza
There are bear market rallies and then there are bear market rallies based on nothing but hopium and prayer. Well, this author is all out […]
China’s Version of the Trump-Xi Phone Call is Interesting
The following is the full government readout from China of the Trump-Xi phone call via Xinhua: Xi says dialogue, cooperation only correct choice for China, […]
06.06.25 NFP and Employment Predictions With a Touch of History
The hoopla surrounding the great Elon Musk v. Donald Trump social media conflict seems to be calming down this morning so let’s take a moment […]
06.05 10:46 a.m.: Trump Posts About Xi, WTF
Let us start with the posting from Truth Social: First off, one more time for the mentally challenged, THERE IS NO TRADE DEAL, just a […]
It Finally Happened: Trump Called Xi
And another great meme dies after two months of the trade war. In what has been hyped, lied about, promoted, and used to pump markets […]
Silver: It’s Happening
Finally. If silver breaks out above $35, as I’ve been saying forever, and closes with higher volumes above this level or preferably $36, then the […]
Secretary of Commerce Lutnick Surrenders the Trade War
There are news events which fly under the radar, and then there a days where the major news story is so obvious it should terrify […]