Golden Catalysts

"The physical fundamentals are stronger than ever for gold...There’s just not that much gold available. But in the paper gold market, there’s no limit on size, so anything goes."

The 'Junkie' Market Is Back

The past few days have seen a reversal from substantial net New lows to substantial net New highs – a condition that has preceded poor performance in the past...

Is America In Terminal Decline?

"The cut-off point is 2009... Before that, borrowing could create the illusion of a rising standard of living. Those days are gone. And it’s very hard to see, when you take a good look, what could make them come back."

Another US Navy Warship Crashes

Over the summer there were two accidental collisions involving the 7th fleet, and a total of 4 similar incidents this year... until today as yet another US Navy warship collided with a Japanese tug boat during exercises.

Unbridled Exuberance...

"...what is forgotten in today’s exuberant celebrations... is that both the economy and stock market historically peak when skies are blue and no storm clouds are in sight..."