The necessary expansion of the monetary base to suppress interest rates and thereby create a negative and declining real interest environment should serve as a major tailwind for the gold-to-S&P 500 ratio to continue to rise...
"As many of us have learned, homebuilding is a mediocre business at best. Instead, I’m playing this trend through the suppliers to single-family and multi-family homebuilders."
This time could be different, with one having to go as far back as the 1876 election between Rutherford B. Hayes and Samuel Tilden to find a precedent, according to a 2019 Ohio State working paper
"While still possible, there is a high risk that it does not happen this year. Without it, we would expect the economy to hit a major speed bump in Q4."
Iran’s Islamic Revolutionary Guard Corps released several close-up photos of the US Navy’s aircraft carrier USS Nimitz and its escort ships in the Persian Gulf.
Managing editor, Ed Harrison, hosts managing editor, Roger Hirst, to break down wild market swings that have characterized the last week of price action. Roger…
"...the markets want an even bigger commitment. Again, you’ve got a bunch of drug addicts that need more drugs than the drugs that they already have..."
