Signs of the Gold Apocalypse: M&A and Fund Extinction

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

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

Russia Raises Rates to Raise Stability

2018 has not been kind to the Russian Ruble.  Despite a improving macroeconomic statistics and a widening positive balance of trade the Ruble has lost more than 10% versus the dollar so far this year. So, the recent decision by the Bank of Russia to surprise everyone and raise interest rates 0.25% seems like a … Continue reading Russia Raises Rates to Raise Stability

Private Blog – Market Report 9-12: Article 7 and the Rise in Oil

I have a new Private Blog post up on Patreon for patrons discussing Article 7 proceedings against Hungary as well as what's happening in the Far East.  Also a long-term look at oil prices. If you are interested in what these market reports look like there are a few of them available publicly on YouTube … Continue reading Private Blog – Market Report 9-12: Article 7 and the Rise in Oil