Yes, the Fed Will Cover Biden’s $4 Trillion Deficit

Yes, the Fed Will Cover Biden’s $4 Trillion Deficit

Central bankers and their comrades in Washington DC changed course in 2020. The policy shifted from “print money and hand it to Wall Street” to “helicopter money” in the form of direct payments and loans to citizens. The fiscal stimulus, like the Fed’s monetary...
Two Scenarios for Precious Metals in the Unfolding Crisis

Two Scenarios for Precious Metals in the Unfolding Crisis

Extreme volatility in the equity markets has investors wondering what to expect. Even the hardiest of stock market bulls are finally asking some serious questions about whether the top is in. Stocks have long been priced for perfection and suddenly conditions are...
Fake Markets Are on Collision Course with Reality

Fake Markets Are on Collision Course with Reality

Keeping up appearances is about to get a lot harder for the central planners trying to manage perceptions of the U.S. (and global) economy. The coronavirus is going to have a meaningful impact on global supply chains, even if stock market cheerleaders haven’t fully...