Thursday morning began with a hard Mr. Slammy of selling against precious metals and this headline for all of those of us considered “goldbugs” which […]
Tag: DOLLAR
Did The Bank of Japan Make A Tactical Mistake?
The Bank of Japan is as screwed up as Jay Powell’s Federal Reserve. There, I said it. Except they bow more, are more polite, and […]
FOMC Decides: Fed Trek II The Wrath of Don
“Revenge is a dish, best served cold” -Khan, Star Trek II Right about now, President “The Don” Trump is feeling a chill in the air […]
Dixie Says Please Unwad Your Panties Financial Media
I know that it’s summer and the news flow has slowed down considerably since we have ceased bombing the dog snot out of Iran, there’s […]
I Finally Understand the Use Function of Bitcoin
Or, how it took a dollar funding crisis in Japan for me to figure out crypto… For the life of me, I could never understand […]
Nothing Matters Until 13:00
Or unless the President issues another gaffefest on trade before then. So what is 13:00? For those unfamiliar with military time, it references 1 p.m. […]
It’s Moving Day
And for some reason, I don’t think America’s passive income gobbling investors understand just what the implications of that phrase really is. What is yours […]
Retail Meets the Rising Sun and Trump Tweets(Again)
For over one year of excessive exuberance the financial media has proclaimed that retail has finally surpassed financial managers in guessing how and what to […]
Exiting the Eye of the Storm
For those long time residents of Florida who have endured hurricanes and readers of these pages, the headline for this brief piece is perfectly logical […]
Dualing Dollars – How would a Bifurcated United States Currency Function?
by John Galt August 19, 2009 A question I get quite often in my email is “When will we see the Amero?” The other version, […]
The Japanese Yen Says Good Morning
Buckle up folks, currency traders are preparing everyone for a wild ride. Meanwhile the implications of the much speculated 50 bps cut in concert are […]
All the Hoopla over the Yen for Nothing
Last night the Japanese Yen was skyrocketing towards 160 and crossed that next round, magic level with little resistance. Then early this morning the Wall […]
Buckle Up: Tonight Could get Wild
I’m not saying things are happening, but, things are happening. Okay, maybe not yet, but I won’t dismiss it out of hand yet. The reality […]
Of Warren Buffett, Bubbles, Bitcoin and Bullion
Just where the hell does one start with the economy of the West and the markets at this moment in history? In outer space? Nah, […]
Precious Metals are Doomed for Now
Last night I highlighted what was a lackluster quarter of equity trading which continued today with more institutional distribution but low volume and very poor […]