Inflation Crashes the Party
It’s dawning on many investors that our post-Covid financial problems may not be as easily …
1Q21 Review & Strategy Update
Headed into 2Q21, we believe cyclically sensitive sectors/regions are due for a breather while Gold …
2021 Outlook & Strategy
Like the 9/11 attacks of 2001, the Covid crisis of 2020 was a “large shock” …
3Q20 Review & Strategy Update
In 2Q, unprecedented fiscal relief prevented the U.S. from spiraling into a depression. In 3Q, …
The Best of Times During the Worst of Times
While most people generally understand that the stock market and the economy do not move …
A Black Swan With Teeth
For years I have been warning that during the age of permanent stimulus (which began …
World War II Was Fought With Savings Not Debt
While the country and the stock markets reel from the impact of the Coronavirus, many …
The Problem Is the Bubble, Not the Pin
With the markets shell shocked by one of the worst weeks on record, analysts are …
This Is Not a Printing Press
Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption …
Baghdad Donald
For Donald Trump, it seems that these are the best of times except that they …