Last week I noted that the single most important chart in the world is flashing “danger.” By quick way of review… Central banks are fully aware of this situation and have been taking steps to prepare for what’s coming. As you no doubt are aware, there are three methods of […]
The consensus holds there will be another bubble after the Everything Bubble pops, but this might be misplaced confidence in the godlike powers of central banks. The consensus holds that central banks–the Federal Reserve in the US–will gradually inflate away the world’s rising debt burden while propping up assets and the […]
After doing everything to get rid of fossil fuel producers, Governor Newsom has second thoughts. Climate Focus Shifts in California The Wall Street Journal reports California Wants to Halt Oil Industry Exodus After Years of Climate Focus Gov. Gavin Newsom’s office made its first-ever call to Chevron’s refining chief last week, […]
French Emperor Napoleon III reserved a special set of aluminum cutlery for only his most honored dinner guests. Ordinary guests had to settle for gold utensils. In the mid-1800s, aluminum was rarer and more coveted than gold. As a result, aluminum bullion bars were included among France’s national treasures, and […]
International Man: The US government recently took a 15% stake in MP Materials and a 10% stake in Intel to counter China’s dominance in rare earth elements and revive the domestic semiconductor industry. Are these national security necessities, or a fundamental break from free-market capitalism? Doug Casey: First, whenever you hear the […]
A Gallup poll shows the percentage of Americans saying college is “very important” has fallen to 35% Please note The Perceived Importance of College Hits New Low Americans have been placing less importance on the value of a college education over the past 15 years, to the point that about a […]
QUESTION: I asked GOK who thinks the stock market will crash. It gave a list of people all expecting a crash. It also noted that Buffet was bearish and J.P. Morgan was calling for a 20% drop. The reasons were “High valuations, particularly in tech and AI, are compared to historical […]
In a very much expected (by me) ruling, the appeals court rejects Trump’s global tariffs. Trump Supreme Court Appeal Coming It’s not over yet, but the Wall Street Journal reports Appeals Court Rejects Trump’s Global Tariffs. A federal appeals court late Friday struck down the Trump administration’s signature tariffs, finding that […]
The day before the latest US Treasury Auction results were released Trump concludes that “foreign nations are paying hundreds of billions of dollars straight into our treasury.” That could not be further from the truth. US Treasuries have crossed an important rubicon. It is now costing the US more to […]
QUESTION #1: Hi Martin, Since the international war array started picking up in 2022 but peaks in 2026 with a panic cycle, do we in fact expect a serious deflagration potentially nuclear but very short lived and closing by 2027 since it’s the peak? Would that mean a very swift demise […]