I’m going to lay out everything you need to know about the fiscal cliff negotiations. After reading this, you can ignore all of the media’s coverage of this topic as…
During the its first term, the Obama Administration thus far has proven itself in favor of increased Government control and Central Planning. That is, the general trend throughout the last…
The following is an excerpt from a recent issue of Private Wealth Advisory. In it I reveal that Germany has in fact already implemented a working group to assess the…
Spain’s financial system is at truly apocalyptic levels. If you’ve been reading me for some time, you know that Spain has already experienced a bank run equal to 18% of…
Meanwhile, as Greece continues to distract the markets, France, the other primary prop for the EU besides Germany, is now experiencing an economic contraction on par with that of 2008-2009.…
The following is an excerpt from a recent issue of Private Wealth Advisory. In it I reveal that Germany has in fact already implemented a working group to assess the…
This is going to be a very special holiday season. The reason? It’s the last hurrah before things get very very ugly. Just off the cuff, you need to know…
With most of Wall Street on vacation, those few traders manning their desks are taking advantage of the low volume to push the market sharply higher. This, combined with a…
We hope all of you are enjoying a day of family and friends with good food, even if you don’t necessarily celebrate this holiday! Thank you for reading!
Over the last week I’ve introduced the concept of collateral: the little known basis for the entire financial system. We’ve also addressed why any EU sovereign default would bring about…
The following is an excerpt from a recent issue of Private Wealth Advisory. We are reprinting it here because no one is addressing the real reason why Europe is such…
The following is an excerpt from a recent issue of Private Wealth Advisory. We are reprinting it here because no one is addressing the real reason why Europe is such…
Countless pages have been written about why Lehman caused the system to almost implode. However, the reality is that Lehman nearly took down the entire financial system for two reasons:…
Modern financial theory dictates that sovereign bonds are the most “risk free” assets in the financial system (equity, municipal bond, corporate bonds, and the like are all below sovereign bonds…
The US Presidential election ended November 6, 2012. Since that time, the market has fallen 3%. There are a multitude of reasons for this, but the primary one is the…
We have just completed a series of videos detailing some of the risks posed to the financial system by the Federal Reserve as well as the European banking crisis. These…
In case you missed it, something of major import occurred today. That something is the Bank of England announcing that it is suspending its QE efforts because of questions relating…
The Obama Administration has won its second term. And now that the election is over we can come to grips with the fact that nothing has been fixed and that…
Mitt Romney has stated repeatedly that he would fire Bernanke if elected. If this does indeed happen, then the inflation trade and QE will be finished. The market is already…
Yesterday we assessed the impact a second Obama term would have on the US economy and markets. Now let’s assess what impact a Romney Presidency would have on the US…
