"Thinking Is Hard": The Horror Of The Deep State's Plan Exposed - Part 1

"I’m constantly amazed by the ability of those in power to create a narrative trusted by a gullible non-critical thinking populace. Appealing to emotions, when you have millions of functionally illiterate, normalcy bias ensnared, iGadget distracted, disciples of the status quo, has been the game plan of the Deep State for the last century... Americans don’t want to think, because thinking is hard. "

Ludwig von Mises' Century Of Validation

Indeed, the results of government intervention are always the same.  Stagnation, inflation, declining living standards, and widespread social disorder.  No doubt, they’ll be repeated to insanity.

Who Really Controls The Gold Price? (The Answer Is Quite Surprising)

To understand how the market determines the price of gold, we must first dismiss the economic principle of SUPPLY & DEMAND.  While supply and demand forces are factors in the short-term price movement of gold, they do not really factor all that much over the longer term...

It's Different This Time...

Throughout history, financial bubbles have only been recognized in hindsight when their existence becomes “apparently obvious” to everyone. Of course, by that point is was far too late to be of any use to investors and the subsequent destruction of invested capital. This time will not be different. Only the catalyst, magnitude, and duration will be.

Are We Really That Divided?

If we don't challenge these poisonous polarizing binaries, they may well trigger the accidental suicide of our polity.

Trump Tax Cuts To Add As Much As $7 Trillion In Debt

"Based on what we know so far, the plan could cost $3 to $7 trillion over a decade– our base-case estimate is $5.5 trillion in revenue loss over a decade.... a $5.5 trillion tax plan would be enough to increase debt to 111 percent of Gross Domestic Product (compared to 89 percent of GDP in CBO's baseline) by 2027."

Here We Go Again: Another Futures Fund Is Caught In A "Short Gamma" Trap

"we are now getting closer to ‘launch’ as the same situation is speculated to be ‘out there’ again.  There was some covering in 2330s and 2370s yesterday, while most of the size seemingly sits at the 2400 level.  As the market is sniffing out the upper strikes that such a strategy might be short, there is a self-fulfilling ‘short gamma’ as we push ever-closer to the pain-points."