"... in a free market economy paper money cannot assume a 'life' of its own and become independent of commodity money. Within a hampered market economy, characterized by government interference, paper money however, can be enforced."
"Most of us have been conditioned to believe human life is best organized at scale... operating under a single overarching centralized government structure in charge of micromanaging society from the top down... I consider this paradigm outdated, unnatural and increasingly dangerous."
A renewed round of tariffs against China by president Trump dented bullish sentiment, but nothing appears able to stop the S&P which is just 14 points from making a new all time high, a goal it will likely achieve today.
This report ranks the companies by Revenue Per Employee (RPE) to explore how efficiently the companies utilize human capital. Energy and Healthcare are high on the list, while Industrials and Consumer Discretionaries perform the worst.
Following a blockbuster Q1 earnings season yet which saw a surprisingly muted market reaction, traders turn their attention to the second quarter earnings season which officially begins on Friday the 13th. Here's what to expect.
"The economy has hit a wall and is now sliding down it. I don’t care what bullish propaganda may or may not be bubbling up in the headlines from the financial media and Wall Street, the hard numbers I look at everyday show accelerating economic weakness. "
After 6 consecutive declines in the Dow Jones, the longest stretch since March 2017, and erasing all of 2018’s gains, the cash index is finally set for a rebound, trading some 130 points higher as the trade war panic fades, for now.
" Fiat currency is a crap shoot, depending on how the winds of government blow... That is why gold is the only real money. It doesn’t fluctuate, diminish, or devalue. It is a constant. And it’s the one thing you can rely on during economic disaster."