Italy is Forming the Epicenter of the EU’s Fateful Shift

Clarity is here in Italian coalition talks.  And the markets hate what they see.  So does Brussels. Five-year Italian debt blew out over 1%, CDS spreads have moved over 20 basis points in a week. The markets are trying to scare these outsiders now in charge in Italy to soften their stances on reform and … Continue reading Italy is Forming the Epicenter of the EU’s Fateful Shift

Gold Goats ‘n Guns Live — Trump Should Thank Iran as the Dollar Blows Out

Last week I theorized that Donald Trump's insane bluster over Iran and the JCPOA could be the catalyst for a massive rally in the U.S. dollar.  This rally would touch off global contagion as bond yields around the world blow out to the upside. Yesterday's 10 basis point drubbing of the U.S. 10-year Treasury Note … Continue reading Gold Goats ‘n Guns Live — Trump Should Thank Iran as the Dollar Blows Out

Trump Should be Thanking Iran Not Israel

Donald Trump has betrayed his base completely.  Yesterday's shameful countenance of the massacre of lightly-armed Arabs was the breaking point.  Viewed dispassionately, yesterday's confrontation was between those of the jailer and the jailed. The result was predictable and horrific. But, putting that aside for a moment, let's look at the current situation.  Trump's reasons for … Continue reading Trump Should be Thanking Iran Not Israel

Italy, A Parallel Currency and Immigration – Merkel’s Worst Nightmare

Here comes the flood.  My worst fears of The League's leader Matteo Salvini's ego getting in the way of seizing the political moment by the horns were overblown. It feels good to be wrong every once in a while. It looks like coalition talks between The League and Five Star Movement (MS5) have been productive.  … Continue reading Italy, A Parallel Currency and Immigration – Merkel’s Worst Nightmare

Gold Goats ‘n Guns Live — Did Trump Just Set Off the Global Debt Crisis?

Today I go into further detail on why i think Donald Trump's decision to leave the Iran Nuclear Deal (JCPOA) is the likely spark that finally ignites the global sovereign debt crisis. Across markets we are seeing technical breakouts or breakdowns as the U.S. dollar climbs off its near-term bottom and begins making a sharp … Continue reading Gold Goats ‘n Guns Live — Did Trump Just Set Off the Global Debt Crisis?

Will Trump Torch the Global Economy on the Bonfire of his Vanity?

At least it is confirmed for us.  Donald Trump wants regime change in Iran.  His cancellation of the JCPOA was a decision born of his myopia.  He has surrounded himself with people who reinforce his view and manipulate him via his vanity. And the price of implementing his current plan will be a global debt … Continue reading Will Trump Torch the Global Economy on the Bonfire of his Vanity?

May Issue of Gold Goats ‘n Guns Released

"War! Good God Y'all! What is it Good For?" — Edwin Starr (Subscribe to the newsletter here) The world is changing rapidly.  Kim Jong-un took a ride on the Peace Train across the DMZ that all the War Pigs in the world silently fumed over.  For a moment things looked like they were headed in the … Continue reading May Issue of Gold Goats ‘n Guns Released

Gold Goats ‘n Guns Live – Trump Ditches JCPOA, What’s Next?

The short answer for me about the Iran Nuclear Deal is that I don't have an opinion on it as being either good or bad.  It's why I spoke so little about it.  To me the whole thing seemed like a big show between two sides not willing to give up anything of value to … Continue reading Gold Goats ‘n Guns Live – Trump Ditches JCPOA, What’s Next?