deficit

Additional Fed stimulus will only unleash more insidious inflation, which most households and small businesses consider a crime.

Bulletin /

Unlimited public welfare spending will destroy the country if it is not stopped. The exorbitant – and impossible to repay – government debt purchased by the current administration with fiat money to fund it will ultimately crush all investments. This is why Gold (and increasingly, Silver) and crypto are in the midst of rampaging bull markets.

Additional Fed stimulus will only unleash more insidious inflation, which most households and small businesses consider a crime. Read More »

“Mr. Biden and his party have been given the chance to avoid a dire fate for their country and the world. They should seize it.”

Newsletter /

The S&P 500 once again touched an all-time high (5,523) but closed on a down note for two reasons. First, inflation remains persistent. The Fed’s preferred inflation gauge (PCE) showed prices are still rising substantially more than they were pre-pandemic (+2.6% vs +1.3%.) The key (outside-down-day) reversal lower insured that for the 9th. straight day, the U.S. equity index failed to close above the psychologically important 5,500 level. Second, Biden’s Presidential term is likely finished. The damaging and likely permanent fallout from the debate is devastating. More on that below.

“Mr. Biden and his party have been given the chance to avoid a dire fate for their country and the world. They should seize it.” Read More »