Dow down 404% with a record 1200 point drop. Coronavirus damage to the market cannot be undone Major discounts in the gold mining stocks Coronavirus task force is more like a plunge protection team for the stock market Fed’s bullets may no longer work against superman bubble I have a PR problem in PR […]
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When a market priced for perfection doesn’t get it – Ep 538 Read More »
US stock market pounded again for the 6th day in a row. Two back to back days with markets down 3%. The only time it’s ever happened three days in a row was during the great depression. Gold living up to its role as a store of value. Bitcoin fails the test as a reserve
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Bitcoin pumpers forced to admit it’s not digital gold – Ep 537 Read More »
All major indexes down and looking weak. Bubble is looking for a pin and coronavirus might be it. Dumb money is piling into treasuries. Safe-haven money is moving to gold. CNBC still obsessed with bitcoin. Remains silent on record breaking gold prices. Warren Buffet thinks Bitcoin is garbage and it’s going to $0. Baby Boomers
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Gold will be the only safe haven left standing – Ep 536 Read More »
Significant moves in the bond market today. Coronavirus is inflationary. US has never been less credit-worthy than it is right now. US treasuries have the lowest yields in history and are GUARANTEED TO LOSE money. Bond market is now undisputedly a bubble, but CNBC spins a different view. I won a bet. Perspective is everything
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Bonds are the bubble, gold is the pin – Ep 535 Read More »
Liz Claman has a new podcast called “Everyone Talks to Liz Claman.” It’s a great show and I was on it earlier this week where I talked about growing up, some personal stories, and things you haven’t heard me talk about in other interviews. I highly encourage you to check out the episode here. Coronavirus
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CNBC dismisses Citi’s $2k gold call and pumps Bitcoin instead – Ep 534 Read More »
Coronavirus may be worse than anyone thought, but why aren’t the markets worried? Gold mining stocks looking positive again. Underlying weakness in the dollar being revealed in gold. Obama and Trump are fighting over a booming economy that doesn’t exist. 1/3rd of Americans run out of money between paychecks. Over 25% of households spend half
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QE won’t cure the Coronavirus or the economy – Ep 533 Read More »
Nobody seems to be talking about the downward revisions in the jobs reports, particularly for 2018. Trump’s celebrated jobs numbers have been revised down 370k jobs for that year. Obama’s weak jobs record is better than Trump’s. A lot more jobs were created in the last 3 years of Obama’s presidency than the last 3
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The political center keeps moving left – Ep 532 Read More »
The impeachment trial of Donald Trump ends no real surprise, he was acquitted. The whole thing came down along party lines and was all calculated political theater and posturing for the 2020 election. But the real theater was during Trump’s State of the Union last night. Trump pitched socialist policies and touted his fake Chinese
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The Trump Show – Ep. 531 Read More »
