The Devil’s Bargain in Using Monetary Policy to Prevent Recessions

The history of boom and bust cycles in the US has shown that the Federal Reserve has played a central role in engineering the entire process.   The Fed is adept at using cheap credit, what we call “dark money,” to inflate financial bubbles under the banner of economic...

Market Shorts 7.7.19

It Wasn’t All Great News: Multiple Jobholders Soar To Record High Source: Zerohedge While the headline payrolls number was stellar, coming in higher than even the most optimistic Wall Street forecast, one aspect of today’s jobs report that will likely...

Technical Swing Trading Spotlight – Four Opportunities in MJ

It’s not uncommon to see one pattern that packs a number of different and sometimes incompatible interpretations. Sometimes these incompatibilities have to do with direction–long or short–and sometimes with regard to entry and exit points.    But as...

The Staggering Rise in Gold Signals Dark Times Ahead

  Last Monday, gold reached a high of 1,442.90, breaking above its 6-year high of 1,434. A traditional safe haven, gold took a sharp and parabolic turn once the Federal Reserve announced that it may be open to slashing interest rates once again.    Should rates fall,...

Market Shorts 6.30.19

The Federal Reserve Will Inflate the Economy Further  Source: Bonner/Bonner And Partners “‘Inflation’ refers to an increase in the supply of money. People use it colloquially to refer to consumer price increases. But increasing the supply of money...

Is the Gold/Silver Ratio Resetting to a New Normal?

Gold’s rally since its August 2018 low has been impressive to say the least. Gold has broken above $1,350/ounce in February of this year and it looks like gold’s price is about to exceed that level once again.   Some experts, like billionaire investor Paul Tudor...