401(k) Investing Grandma Would be Proud Of

Earlier this month, I did my best impression of a grumpy old man, letting my glasses slide down my nose while I shook a rolled-up newspaper in your general direction. I hope you understand that it’s not personal. I actually hate being a nag like that. In fact, it’s a little like what my parents used to tell me before giving me a good spanking as a kid: “This is going to hurt me a lot more than it’s going to hurt you.” But we’re talking about your retirement, so it really is for your own good. Today, I want […]

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Foreigners Are Dumping U.S. Debt At A Record Pace And Our $20 Trillion National Debt Is Poised To Become A Major Crisis

While most of the country has been focused on the inauguration of Donald Trump, a very real crisis has been brewing behind the scenes. Foreigners are dumping U.S. debt at a faster rate than we have ever seen before, and U.S. Treasury yields have been rising. This is potentially a massive problem, because our entire debt-fueled standard of living is dependent on foreigners lending us gigantic mountains of money at ultra-low interest rates. If the average rate of interest on U.S. government debt just got back to 5 percent, which would still be below the long-term average, we would be […]

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Trump And The Dollar

The following is an excerpt from our weekly Market Brief. If you’re interested in learning more about Market Briefs and the Macro Ops Hub, click here. The big macro wild card of late has been what Trump’s actual agenda will look like once his administration gets going; especially in respect to the dollar. Recent remarks from Trump and company are starting to provide some clarity here. This past week the Trump camp made some notable comments about the dollar. Here’s the following via the WSJ (emphasis mine). In his interview with the Journal on Friday, Mr. Trump said the U.S. dollar […]

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Trump Shakeup, Weaker Dollar Coming?

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up David Smith of The Morgan Report and MoneyMetals.com columnist joins me to share his thoughts on the metals market action so far in 2017.  He’ll also offer a stern warning for those who try to get cute with the timing of a purchase and lays out the potential harm of putting off what you know is right.  Be sure to stick around for an enlightening interview with David Smith coming up after this week’s market update. A new era in American political history begins today– and with it, […]

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Trump’s Magic Wand: I Simply Don’t Buy It!

As Trump is inaugurated today, it seems most people are feeling better about the economy. Even a more liberal analyst said yesterday in an interview that he thought Trump should raise the minimum wage to $ 15 to stimulate demand! Seriously?! A Bernie Sanders, far-left strategy in a Republican Congress? How delusional can you get? The problem, as usual, is that economists, analysts and politicians don’t understand the real causes of our economic malaise since 2007, including Trump. It’s not primarily business regulations, or higher taxes. Altogether, U.S. personal and business taxes combined are less than any major country in […]

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A Review Of Javier Gonzalez’s “How to Make Money with Global Macro”

The following review is straight from Operator Kean, a member of the Macro Ops Hub. To contact Kean, visit his website here. After reviewing Greg Gliner’s Global Macro Trading, I thought I’d work my way through another book — Javier Gonzalez’s How to Make Money with Global Macro. Since there isn’t much out there on global macro investing, this book naturally peaked my interest. First off, the title can be a bit misleading. One would get the impression that the book provides a set of money-making investment techniques, but in reality it does nothing of the sort. Instead, the author […]

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Huge Movement Ahead in Silver; Paper Markets in Trouble

The Silver Market will experience a significant trend change in the future due the unraveling of the paper markets. Already we are witnessing a lot of political turmoil and havoc as President-elect Donald Trump gets ready to take over the White House in the next few days. It’s also logical to assume the policy changes President-elect Trump wants to make will cause serious ramifications to the highly leveraged debt-based fiat monetary system… whether he realizes it or not. Craig over at TFMetalsReport.com recently interviewed Paul Myclhresst about the huge problem the Chinese government is dealing with as they liquidate Dollars […]

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Like Clinton’s Campaign, Will The Much-Hyped Inauguration Protests End Up Being A Giant Failure For The Left?

Over the past couple of months, the radical left has been endlessly hyping the protests against Donald Trump on January 20th and January 21st.  We have been told that half the population absolutely hates Donald Trump and that Washington D.C. will be filled with angry protesters that are ready to take their country back.  So where are they?  The radical left tends to talk a good game, but when it comes time for action they often come up way short.  At this point, it appears that the much-hyped “war in the streets” that they were promising is going to be […]

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President Trump’s Triffin problem

In many eyes, President-elect Trump is a loose cannon. He says things that upset people the world over. Many of them perhaps should not be taken too seriously – after all, he is a showman. But it would be a mistake to dismiss his rhetoric on trade. There, he is in deadly earnest – and it does not bode well either for America or for the world.  Trump’s trade agenda was set in Peter Navarro & Wilbur Ross’s paper (pdf) of September 2016. Peter Navarro’s most famous work is the documentary “Death By China” which essentially blames China for all America’s woes. […]

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The Fallacy of Market Prediction

Spoon boy: Do not try and bend the spoon. That’s impossible. Instead… only try to realize the truth. Neo: What truth? Spoon boy: There is no spoon. Neo: There is no spoon? Spoon boy: Then you’ll see, that it is not the spoon that bends, it is only yourself. ~ The Matrix Traders and investors are faced with a seemingly intractable problem when participating in markets — they must place bets on future outcomes which are unknowable even as they’re cognitively wired to be risk averse when faced with uncertainty.   Put simply: unknowable future + human desire for simple […]

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