Even casual observers know that gold has been trading near all-time highs lately. The dollar price of gold has been trading around $2,955 per ounce, quite close to the all-time closing high and near the recent intraday high just below $3,000 per ounce. Since November 1, 2022, gold has rallied from $1,650 per ounce to […]
“Crisis Investing” Issue 2 / February 2025 – Vol 2 Dear Reader, On a September evening in 1985, finance ministers from the world’s largest economies gathered at New York’s Plaza Hotel for what would become one of the most significant currency interventions in modern history. The dollar had become too strong for U.S. exports to […]
Executive order “Ending Taxpayer Subsidization of Open Borders” was signed into law by Donald Trump on February 19, 2025. Homeland Security arrested around 20,000 illegal migrants during Trump’s first month in office, but that is a drop in the bucket. Agencies must now act swiftly to ensure that we are not incentivizing people to stay […]
The choice is simple: housing is either shelter for citizens, or it’s just another interchangeable speculative asset in the global financialization casino. It can’t be both. We tend to think of housing becoming unaffordable as a matter of land prices, zoning and the cost of 2X4s, but it’s fundamentally a matter of values. Subscriber John summarized […]
Unemployment claims jumped but it’s not Federal in nature. Today, the US Department of Labor released Unemployment Claims for the week ending February 1. This included data on initial unemployment claims. Initial Unemployment Claims Initial Claims and 4-Week Average DOGE, Random, or Something Else? The Department of Labor data rules out DOGE. “Initial claims for UI benefits […]
President Trump recently issued an executive order instructing the US Mint to stop producing pennies. The reason for this is it costs nearly four cents to produce one penny. That’s right: the US government can’t even make pennies without losing money! President Trump may have signed the death certificate, but the Federal Reserve is the […]
President Trump is shining a light into darkness and part of this darkness is the truth about the Ukraine conflict. It must end. There must be compromise. The death toll is catastrophic. I would go one step further and say that the academics, journalists, and politicians who have actively, deceitfully lied about this conflict, particularly […]
On the third anniversary of invasion, Trump says he’s talking to Moscow about an economic development deal. U.S. Votes Against U.N. Resolution Condemning Russia for Ukraine War Earlier today I told a friend that Ukraine better sign a deal on mineral rights or Trump would work out a deal with Russia. And here we are. […]
Have you noticed that there has been a very alarming rise in volcanic activity in recent months? According to Volcano Discovery, 38 volcanoes around the globe have recently erupted, and dozens more are showing signs of either unrest or minor activity. In all my years, I have never seen anything quite like this, and I am entirely convinced […]
“The revelations that are coming for America possess the potential to reshape our entire notion of the relationship between citizen and state.” — El Gato Malo on Substack This perspective aligns with the vision that Stacey Abrams has for the country. You’ve got to wonder how the Party of Chaos thought they would get away […]