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Commentaries

Thirteen Major Fails: a Quick Rundown of our Rundown Economy

During the Roaring Twenties would anyone have believed you if you told them about the depression and the dust-bowl years that were soon to come? Would they have believed their celebratory excesses..

The Historical Case For A 70% Real Stock Market Loss Over 14 Years

This is a time not to panic - but to truly understand history, and to calmly and rationally prepare for an uncertain future.

Top 5 Reasons Why Diesel Fuel Will Get Much More Expensive

Russia currently ranks as the world’s third-largest producer of diesel, behind the US and Saudi Arabia, and used to send significant amounts to the European market; the UK, for example, relies..

BIS gold swaps fall by a third in two months. Is 'Basel 3' kicking in?

Once again it is evident that the BIS remains an active trader of significant volumes of gold swaps on a regular basis, and the recent data suggests that a downward trend in the bank's swaps has begun.

The U.S. Economy Is In A Recession Now – Gold, Silver Set To Soar

If earnings were adjusted by just the highly massaged YoY CPI inflation rate of 8.3%, real YoY SPX earnings are down 7.5%.

Hardening of the Economies

As with bodily atherosclerosis, curing our economic condition may require lifestyle modifications. But in one sense, it will be even worse..

Revisiting An Old Premise

Now that silver and gold prices have gotten smashed and the commercials have bought back short positions by inducing sufficient managed money selling, the COMEX market structure has improved from bearish to quite bullish..

Gold and Silver Shorts Stare into the Abyss

The London whistleblower exposes COMEX insiders’ influence on the gold price, ahead of a market shift with the potential to slam the paper market discount window shut.

Central Banks…Why Bother?

The power of the central bank to print money and to purchases assets at will has created a new paradigm of selecting which companies should be saved and which should fail.

Are You Sure We’re Not Sinking into Recession Already? Or Has this ship already sunk?

I still beg to differ with those who say the plunge from a positive 6.9% GDP growth rate in the last quarter of 2021 to minus 1.4% in the first quarter of 2022 is just noise.

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