We discuss the reckless gamble that Governor John Kasich of Ohio – one of the ‘legitimate’ and ‘respectable’ candidates (as per the media) in the Republican primaries – chose to take with the state’s pension funds. In the second half…
Gold investment demand surged to a record in the first half of 2016 and overtook the previous high seen during the 2009 financial crisis on a “perfect storm” for gold according to the ‘Gold Demand Trends Q2 2016’ report which…
The bigger point is that there are plenty of genuinely troubling things about Trump, yet the media chooses to focus obsessively on his gaffes and stupid statements. It’s essentially the whole “social justice warrior” mindset gone wild, and it takes the political…
The Establishment is freaking out about Donald Trump for one reason: they didn’t pick him. The Establishment is freaking out because the natural order of things is that we pick the presidential candidates and we run the country to serve…
‘Peak Gold’ is happening which has important ramifications for the gold market and is another long term positive fundamental. This is why we were one of the first analysts to consider the peak gold phenomenon back in 2007 and 2008 (see here) and…
We live in the age of the refugee. Climate refugees, Syrian, Libyan, Afghani, Iraqi, Yemeni war refugees and now NIRP refugees are pouring across the world seeking safe haven. Wolf Richter of WolfStreet.com tells Double Down that these investors may…
Many of you have already read this past Sunday’s excellent and deeply disturbing article published by the New York Times regarding the shady and inappropriate activities regularly conducted by U.S. “think tanks.” If you haven’t read it yet, I highly suggest you take the time…
We discuss their observations on the road during election season 2016. They observe that the political world has collapsed because of the bailouts and now we have the most disliked candidates in modern history and the most insane conspiracy theories…
Few would dispute that Hillary Clinton is the Establishment’s candidate. It’s widely accepted that the Establishment hews to a neoconservative (neo-con) foreign policy that is fully supported by America’s Deep State, i.e. the centers of state power that don’t change…
The Financial Times published an interesting article today in which Diego Parrilla, author, investment expert and precious metals specialist, outlines the positive case for gold and why the gains seen this year are just the beginning of a new gold bull…
HEAT, the new third-generation blockchain platform from Finland led by veteran software consultant Svante Lehtinen in Helsinki is finishing up its crowdfunding campaign. The Decentralized Conglomerate (DC), and the network of services comprising the ICO OpenLedger (ICOO) asset, with Danish crypto…
One investment truism holds that information known to everyone has no value. The reason is that there’s no trading edge in information everyone knows. Trading edges result from information asymmetry, when a limited set of traders has information that is unavailable…
– Irish banks vulnerable in stress tests: AIB/ BofI amongst worst 5 banks in EU – Ulster Bank’s parent Royal Bank of Scotland emerged as 2nd worst bank – AIB, Banca MPS especially vulnerable & ‘failed’ in adverse scenario (see table)…
We discuss the ‘Great Period of Instability’ and the $24 trillion rollover risk as interconnected disasters in the global economy. Max then talks to Reggie Middleton in Bryant Park, NY, about there being no such thing as negative interest rates…
I’m not sure Trump is aware of this Jubilee year, but he certainly understands that the stock market is at a highly dangerous level. “Interest rates are artificially low,” Trump told Fox in an interview, HERE. “The only reason the…