Jill Biden is a Russian agent???????????? Say it ain’t so Joe! Okay, he wouldn’t know if she was as he’s more senile than anyone in […]
Tag: JANET YELLEN
Inflation is Under Control, Unless You Eat, Drink, Need a Doctor, or Drive a Car
The unfortunate part of enjoying a self-enforced news blackout during a hurricane is that one misses the big picture economic news events which keeps us […]
Dr. Copper and Precious Metals Display Normalcy
For once I can say the title of this article for the first time since the Great Financial Crisis and not spew my cocktail all […]
A Gold Correction is Coming
Sadly, there were signs. This story from tonight’s New York Post was a siren screaming into the night: Gold shining ‘bright like a diamond,’ could […]
Dead Lobster
For those outside of the coastal states who think that the once great franchise known as Red Lobster was “really good” seafood (here’s looking at […]
FinDom? Yes America, It’s a Top
Just, and I mean JUST when I thought things could not get more insane, I open up my news feed. People celebrating all time highs, […]
A 1979 Inflation Flashback Returns to the Modern Era (Video)
Tonight I had planned to pen a piece on something else. Then one of the accounts I follow (and you should also) QE Infinity (@StealthQE4) […]
Powell and the Fed Screw up Again
As I said early Wednesday morning, this was way to easy to predict. Let us begin tonight’s journey with a quick review of the FOMC […]
4/28 Bank Failure Friday Rides Again: First Republic Bank of California, Come on Down (5/1-Updates)-Acquired by JP Morgan Chase
5/1/23 UPDATE 0426 ET: The financial world was saved from rampant speculation overnight as the rumors began to swirl around midnight on the savior of […]
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 […]
Bank Run Monday
Despite the extraordinary actions by the Federal Reserve and FDIC last night, the idea that shareholders and bondholders will be wiped out due to this […]
Oops, Something Else Broke
So steepening the yield curve probably isn’t such a hot idea even if it’s only 12 bps thus far: And the US Treasuries are watching […]
The Media Reaction to Silicon Valley Bank is a Sight to Behold
The headlines from the “financial” media were screaming loud and hot yesterday creating the type of panic and hyperbole unseen since the latter days of […]
A TERRAfying Crypto Crash
Remember those happy go lucky days when charts showed stability in “stablecoins” and cryptocurrency was viewed as an alternative to counter inflation and government corruption […]
An Ode to Rob Kirby: Pirates of the Caribbean 2022 – A Bad Powell Production Remake
With great sadness I recently heard about the passing of Rob Kirby, one of the great sound money advocates I had the good fortune to […]