These pages have been relatively quiet the last two months regarding credit union and bank failures but it’s now showtime. As I have been saying […]
Warsh, Rinse, Repeat
Meet the new boss, same as the old boss. With those prophetic words uttered by The Who, America welcomes a new Chair to the Federal Reserve replacing a Burnsian like failure, Jay Powell. The question becomes what type of Fed Chair does Kevin Warsh intend to emulate or does he actually have a new reform minded program which might actually modernize some of the antiquated thinking which has lead to crisis after crisis since LTCM in 1998? I. The Greenspan Repeat? To answer this question, let's review some of the commentary and statements from Mr. Warsh himself to formulate some ideas. New Fed Chair Kevin Warsh suggests he may take an Alan Greenspan-style approach at the central bank The following…
What if the Bond Market Isn’t Warning About Inflation
The common theory being propagated by the media is that…
Credit Union Failure Vacation Edition: Jackson Area Federal Credit Union in Jackson, MS
I go on vacation to the tropics for a week…
05.01.26 Bank Failure Friday Returns: Community Bank and Trust LaGrange, GA
It's been a while, but here we go again. From…
It’s Still a Bubble#27: A Name Change Sparks a 550% Rally
Reality has become so bizarre that I can not even attempt to create fiction which will surpass the equity markets, our government, and those promoting […]
Do NOT Be Surprised If….
WE see a drop of $20,000 in one day in Bitcoin. And at or close to the same time a drop of over $200 in […]
From the Idiocracy Future: Bill Pulte Strikes Again
I apologize for the second rate photoshop job, but I’m pressed for time tonight. Thankfully, my readers are intelligent enough to understand why I created […]
Want Gold Over $5000? 3 Wars Should Help
I always wondered what Trump had typed on that piece of paper after he left the airplane from Munich. As we head into Wednesday morning […]
The DC Circus: 50 Year Mortgages, Temporary Reopening, and Government Subsidies
In the last 48 hours we have witnessed one of the most mind blowing pump up the markets attempts to prevent price discovery and destroy […]
The Move in Gold Isn’t a Correction, It’s Reloading
While the angst among rookie gold and silver bugs was palpable in the last few weeks, it is nothing that us really OGs haven’t seen […]
11.07.25 Market Action: A Bear Pause or Holiday Relief?
This afternoon the US equity market reacted to a rumor that there was a deal finally to end the shutdown when this was announced: But […]
Altman’s Folly or Too Big to Fail?
The following statement was issued on November 6, 2025 on X by Sam Altman: I would like to clarify a few things. First, the obvious […]
It’s Still a Bubble#26: It Ain’t Over Yet
Despite the nasty sell offs, the ugly market internals, and the insanity from Washington, DC the past few weeks, the stupidest bull market since the […]
The Last Possible Week of the Government Shutdown
If one is following these pages for gambling predictions, political predictions (yeah I picked Cuomo while intoxicated last December to win), or even sport wagering […]
Dr. Copper: No Deflation, Not Quite Yet
There is an ongoing debate in many online economic circles that the great Covid inflation inspired by the Federal Reserve and Trump-Biden-Trump trifecta of irresponsible […]
Trump Delivers Another Empty Egg Roll
This morning President Trump delivered another “trade deal” after his meeting with President Xi of China. It was so awesome, here is the President’s braggadocio […]
10.29.25 FOMC Preview: A Dead Kennedys Fed Meeting
Gonna kill, kill, kill, kill, kill the poorKill, kill, kill, kill, kill the poorKill, kill, kill, kill, kill the poor tonight America just doesn’t produce […]