Monthly Archives: May 2011

As I write this, Germany is rumored to have agreed to a second bailout for Greece. The Euro and stocks are rallying hard on the announcement. Silver and Treasuries are down, while Gold is roughly breakeven. The big picture here … Continue reading →

I recently discovered that famed financial commentator, Mike “Mish” Shedlock published a piece in which he quoted an article I published and proceeded to tear my views (at least what he claims my views were) to pieces. The actual article … Continue reading →

This latest pullback in the commodities space has presented long-term bulls and inflationists with a terrific buying opportunity in the inflation hedge are. Indeed, Silver looks to have put in a base and is now challenging resistance at $37.50. If … Continue reading →

While Barack Obama is chugging Guinness and Congress is doing… well not much of anything, we’ve breached the US debt ceiling. That’s correct, the US now has more debt than is legally permitted. We’d crossed the “more debt than is … Continue reading →

For months now the commodities sector has been leading stocks. Of the commodities agricultural commodities were the market leaders: they began this rally back in June 2010, a month before Gold and two months Oil hit lift off: With that … Continue reading →

This is a continuation of an essay I wrote yesterday concerning the Fed’s moves during the financial crisis. As a recap, here are those moves again: The Federal Reserve cutting interest rates from 5.25-0.25% (Sept ’07-today) The Bear Stearns deal/ … Continue reading →

The QE 3 debate has been raging ever since the Fed announced QE 2 in November 2010. However, this debate is moot. The reason is because the Fed HAS to perform QE 3 in some form or another. Indeed, the … Continue reading →

This is a continuation of a series of essays I wrote concerning the global shift away from the US Dollar as reserve currency. If you missed those essays, a brief recap of the items listed were: 1)   China and Russia … Continue reading →

The following is an excerpt from my paid newsletter Private Wealthy Advisory detailing the global shift away from the US Dollar as the world’s reserve currency. It also specifies what the most likely replacement of the US Dollar will be … Continue reading →

Many commentators are baffled that Ben Bernanke decided NOT to announce QE 3 a month ago. The reason for this is obvious: the Fed only got about three months’ worth of positive economic movement from QE 2 and it blew … Continue reading →

This is part 2 of our “Global Dollar Dump” article series. In part we noted how China has already begun moving away from the US as a major trading partner. This move has set in motion a series of events … Continue reading →

The following quotes signal the beginning of the End Game for the US Dollar: “We hope the U.S. government will take responsible policies and measures to safeguard investors’ interests,” [China’s ministry] said in a statement. “Foreign-exchange reserves have exceeded the … Continue reading →

The primary question now is whether last week’s rout in commodities was the start or something bigger or simply the bursting of mini-bubbles in Silver and Oil. Don’t get me wrong, I believe Silver remains in a bull market long-term. … Continue reading →

Here’s a zinger of a news story that most commentators haven’t bothered to take note of… The CEO of Smithfield Farms, the largest pork producer in the US. Among other things he said: “Maybe to someone in the upper incomes … Continue reading →

The “hit job” is in reference to Bin Laden and the precious metals, both of which got taken out over the weekend. The implications of the Bin Laden hit are complicated. The implications for the precious metals hit job is … Continue reading →