President Trump says that if he is impeached, the stock market will crash. We think that he is right.   We also think the stock market will crash even if he is not impeached. That...
If you watch the news about government spending and debt closely, you’ll understand why you need to own gold. This is the end of one government accounting year and the beginning of another.  So in Fiscal Year 2019 the federal government...
Protect Yourself and Profit! America’s economic growth has been the envy of the world.  From the earliest days of the Republic, foreign observers could foresee the prosperity powerhouse that American would become. A dependable monetary system based on...
Fed Punishing Savers After two rate cuts in three months, billionaire hedge fund founder Leon Cooperman has fired a shot at the Federal Reserve’s interest rate policy.  The Goldman Sachs veteran and founder of Omega Advisors says the Fed...
If you watch the news closely, you’ll understand why you need to own gold. A week ago, we came within a hair’s breadth of a world-changing military encounter in the Middle East.  The attack on Saudi’s oil refining...
The Fed’s latest interest rate cut has us contemplating the insanity of negative interest rates.  Trillions of dollars of sovereign debt instruments around the world now bear negative interest rates.   Imagine what that means.   You work...
Fed Cuts Rates: We Think of Ron Paul and Negative Rates The Federal Reserve Open Market Committee ended its September meeting with a decision to lower interest rates again.  The policy cuts the Fed funds rate by 25 basis points to...
The US government keeps its book not on the calendar year, but on a “fiscal year” (FY) that begins on October 1 and ends on September 30.  That means its FY2019 will end in just over two weeks, and then FY2020 begins.
"Russia's Huge Gold Stash is Now Worth More than $100 Billion"Source: Bloomberg Russia decided some years ago that it wanted more gold and fewer US dollars.  It was a smart move, as Bloomberg reported this week: “The...
One of the most important reasons to own gold and silver is to avoid major risks common to stocks, bonds, banks, and other financial assets and transactions:  the risk of insolvency and default. All these financial markets and institutions carry a...