Am I Imagining Things...
Submitted by QTR's Fringe Finance
As I noted this week, two of my main theses on the market are taking a while to play out. And, as usual, there is no guarantee I will be right - in fact, I am often wrong.
But there has been news trickling out that suggests my long-held belief that the petrodollar is in its twilight may wind up being correct. For example, last week it was reported that the UAE has stopped taking U.S. dollars for transactions in oil.
I had an exclusive interview with Andy Schectman this week, who has been predicting such a seismic move for the dollar for years. In it, he lays out what he thinks is next for the U.S. dollar and what it could mean for the economy going forward: Petrodollar Endgame Moves Even Closer
🔥 For this weekend only, I am lowering the price of a lifetime subscription to the blog from $650 to just $280. This means, you pay up front for the price of about two years — and you are comped for a subscription for life — until I either die or stop writing, whichever comes first. This is a sale I’ve never run before and may never run again. Select “Lifetime Sub” on this page.
This week I also dropped a story that looks back at what we now know about the Covid jab — asking the question that if we knew then what we knew now, would we have taken the jab to begin with? Had You Known, Would You Have Taken the Jab?
I also dropped an exclusive interview with Euro Pacific Asset Management's Chief Global Strategist, and my favorite economist, Peter Schiff, where we discussed:
Why gold miners are lagging the price of gold
Whether or not the stock market is going to move higher or lower
Why Peter thinks CPI could wind up moving higher yet again
Is there a case for deflation as well as inflation?
Does the forthcoming Bitcoin spot ETFs validate the crypto enough for him to get behind it yet?
Schiff interview: "Spiraling Out Of Control": The U.S. Debt Crisis Goes Parabolic
Paid subscribers looking for more to read also have access to this page, where I drop links to stories that I am reading or find interesting throughout the day. You can bookmark the page or access it through the “Fringe in a Flash” link on the homepage: Fringe In A Flash
Here’s what else is new on the blog:
"Inflation Is Your Fault" And Other Self-Loathing Liberal Lies
As the US Treasury Runs Out of Creditors, Its Options Dwindle
AIER’s Thanksgiving Cost Index Climbs Over 5 Percent from 2022 to 2023
This Stock Is A Debt-Free Cash Spigot And Obvious Buyout Candidate
Preserving the Statist Quo: Creating a Generation of Welfare-ing, Libertine Narcissists
The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
Treasury Auctions Explained For People With Short Attention Spans
And archive access:
QTR’s Disclaimer: I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have not been fact checked and are the opinions of their authors. Contributor posts and curated content are posted either with the author’s permission or under a Creative Commons license. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. These positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.