If the U.S. economy can’t post strong economic growth for many years, the only way out of this debt trap is to print more money. In 1920s Germany (a period marked by hyperinflation), many placed their faith in tangible assets rather than on the fiat currency. This same logic has driven the recent gold and silver surges.
When I’m in sync with the markets, nearly all my trading decisions are insightful, my timing is excellent, and the profits flow effortlessly. Somehow, I manage to execute the right trade at just the right moment. Then, without warning, I can shift into a cycle during which practically every decision I take is a loser. Here’s what I’ve learned...
It’s not the first time the U.S. government has borrowed like mad. It happened after World War II, too. But the borrowing made sense then. How are we going to manage the massive debt levels Washington is building up today? Something must give…
On April 27, we suggested you keep an eye on the Commodity Research Bureau (CRB) Index. The index had just made a new 21-year low. Since then, the index has bounced back by about 40%. But today, we’re nearing another important juncture…
The U.S. is trying to recover from the worst economic performance since the Great Depression. The government’s stimulus has masked the real impact so far, but we can’t stave off the pandemic’s negative effects forever…
The dollar’s weakness has been steady and controlled, with the DXY down 9% since March. But it could become disorderly. Here’s what that means for the dollar’s status as the world’s primary reserve currency… as well as for the Swiss franc, Japanese yen, and British pound.
Although economic activity picked up in May and June, the scale of the decline in April far outweighed the gains from later in the quarter. We haven’t seen a collapse in economic activity like this since the Great Depression.