On Wednesday, April 12th, the BLS will release the latest data set for the Consumer Price Index (CPI-U) which consensus seems to think will be […]
Trump’s EPA Decision was Based on Science and Logic
I long ago said that when President Trump did good things, which have been few and far between, these pages would call balls and strikes and praise him for making the correct decision. The removal of President Obama's absurd war on air, aka, carbon dioxide and other so-called "greenhouse" gasses by President Trump and EPA's Lee Zeldin is long overdue and a victory for not just "big business" but small business alike. The media, as can be expected, went hyperbolic in it's reporting: Trump, EPA's Zeldin announce end of scientific basis for U.S. action on climate change Mad Emperor Trump declares war on the air Trump revokes basis of US climate regulation, ends vehicle emission standards This morning I was…
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…
And It Looks Like Another 2026 Prediction Just Hit: Gold above $5100 per Ounce
Is this author happy about this? Hell yeah. Is this…
01.23.26 Credit Union Failure Friday Not BFD but BHCEFCU
Tonight the Beverley Hills City Employees Federal Credit Union went…
The US Military is Preparing for War: On the American People
There was a period in time when even the craziest conspiracy theories use to drip down my back like water off a duck’s butt. I […]
A Hint of Trouble as Indicated by Gold and Bonds Today
The bear market rally in equities hit a speed bump today but the reality of what is happening in our economy can no longer be […]
Real Inflation as Reported via PCE was Far Worse than Reported
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per […]
Q1 2023 Stock Market: On the Road to Nowhere
Before I hit the charts and explain my thread from March 24th, a brief musical summary of the stock market in the first quarter of […]
Inflation Warning Shot: OPEC+ Cuts Oil Production Until 2024
In what can be considered a warning shot to the Western economies, the announcement within the last hour of production cuts by numerous members of […]
How to Recognize a Cult
Sorry for the enforced absences this week but due to work and personal affairs to deal with concerning my Mother, it does restrict how much […]
03.30.23 BREAKING NEWS: Trump (Finally) Indicted by NY Grand Jury
Yes, all that fundraising and fleecing from trailer park Trump supporters was apparently necessary (via PIQ/Reuters): Trump hit with criminal charges in New York, a […]
03.24.23 Stock Market Preview: Cue the Piano Music
Europe is getting smoked this morning. Yesterday was a disastrous intraday reversal on meh volume. And the charts below indicate that Petula Clark will be […]
FOMC Today: The Four Horseman of the Bondpocalypse Ride
Today will be a historic event for those of us who are both historians and economic geeks. The Federal Reserve Open Market Committee reveals the […]
Gold Soars Above $2000, Equities Down as Banking Panic Continues
The lack of awareness by the leading Western central banks is nothing more than breathtaking. As they forced the bailout of Credit Suisse in Europe […]
Don’t Watch Equities, Watch Credit Default Swaps
I’m just going to leave this here…. Remember: Bond traders are the smart money and they will blow CDS spreads out in a heartbeat to […]
Credit Suisse becomes Béar Stéarns: UBS Reportedly Acquires Company for 75 Centimes per Share
UPDATE: 15:18 ET- From the press conference in Switzerland the price is actually 75 centimes per share or about $3 billion. The headline has been […]
About Trump’s Arrest Story: He Lied Again
I know, I know, shocking, right? Former President of the United States Trump lied to the American people and his cult again after setting off […]
The Banking Crisis is A LOT Worse than Reported Earlier
Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a […]