For bear markets to truly end investor sentiment has to get to a point where they would rather walk on broken glass than buy that asset or asset class. We're reaching that point in the precious metals market. In conjunction with that we also have to see arrogance on the part of short-sellers convinced that … Continue reading Signs of the Gold Apocalypse: M&A and Fund Extinction
Brexit Breakdown is All Theatre
The "Gypsum Lady" Theresa May has no intention of staying strong on Brexit negotiations. Her job was always to deliver a Brexit deal that was, in effect, no deal. She was to thread the needle that kept the U.K. in the European Union for everything that matters, the customs and trade unions, while selling the … Continue reading Brexit Breakdown is All Theatre
Private Blog: Market Report for 9-23-2018
This Sunday I profile WD-40 company (NASDAQ:WDFC) as well as have some thoughts on Gold's washout on Friday and the rough week in U.S. Treasuries. The post can be accessed by Patrons here. For those that would like access to the Private Blog sign up at Patreon and pledge at least $4/month choosing "Community Member."
Trump Folds on Nordstream 2 Because … Logic
Since its first announcement I have been convinced the Nordstream 2 pipeline would be built. I have followed every twist of this story from my days writing for Newsmax. And the reason for my confidence can be summed up in one word. Money. Nordstream 2 simply makes too much economic sense for any amount of … Continue reading Trump Folds on Nordstream 2 Because … Logic
Private Blog: Market Report 9-19-2018
Decoding Putin’s Response to Attack in Syria
The fog of war and geopolitics makes initial responses to the attack on Russian and Syrian forces recently difficult to assess. Russian President Vladimir Putin's response seemed timid and was at odds with statements from his Defense Minister Sergei Shoigu and more recent statements from Russia's Foreign Ministry. Putin backed off on explicitly blaming Israel … Continue reading Decoding Putin’s Response to Attack in Syria
Bill Browder Strikes Back in Europe
"I am altering the deal. Pray I don't alter it any further." — The Empire Strikes Back Since Vladimir Putin brought up Bill Browder’s name in Helsinki events have escalated to a fever pitch. Russia is under extreme attack the U.S./European financial and political establishment. And part of that push is coming from Browder himself. … Continue reading Bill Browder Strikes Back in Europe
Private Blog — Market Report 9-16-2018
I have a new Private Blog Market Report up for Patrons over at Patreon. This weekend we look at the situation in the S&P 500, Gold and Bitcoin as well as discuss the EU's descent into barbarism via the outrageous use of Article 7. These reports are exclusively for Patrons. You can gain access to … Continue reading Private Blog — Market Report 9-16-2018