By Nicholas – Published on April 16, 2018
There have been a lot of changes in the markets since Peter Schiff took the stage at the VRIC this past January. At the time the Dow Jones Industrial Average (DJIA) was in the process of putting in what could become all time highs. It peaked for the year a few weeks after Peter Schiff gave this...
By Nicholas – Published on March 18, 2018
Last Friday saw the lowest gold price of the year in US Dollar terms, with the yellow metal trading below $1310 USD/oz before recovering by a few dollars at the close of trade for the week. There hasn't been any sold catalyst for a big move in gold, though the upcoming FED meeting seems to...
By Nicholas – Published on March 5, 2018
The debt that is currently sloshing around global markets may become more of a liability than an asset. There are many experienced investors that are calling the top in the US Bond market. This has been a long time in the making, and with the bull market in US debt starting in the early...
By Nicholas – Published on March 1, 2018
The amount of debt that has been created over the last decade doesn't fit with the historical norm. During the collapse in subprime bonds that had spread throughout the global banking system, many questions were raised about how business on Wall Street had been handled. Most people had never...
By Nicholas – Published on February 19, 2018
According to Doug Casey, the crisis that started in 2008 never ended. No doubt, there has been a period of calm in the wake of the extraordinary actions taken by central banks, but he likens this to the eye of a hurricane. The massive destruction of value that was caused by the implosion of...
By Nicholas – Published on February 15, 2018
No matter where we look in the world, there seems to be a lot of debt. The USA recently went through yet another political circus trying to come to a deal for the federal budget, and the plan that made it through will flood the markets with newly issued debt. Over the next few years deficit...
By Nicholas – Published on February 15, 2018
A series of recent data points in the US might be an early warning of a stagflationary economic environment. Inflation figures released yesterday came in a touch higher than expected, at 2.1% on a y-o-y basis for January, and up .5% from December. This data was enough to send the US Dollar much...
By Nicholas – Published on February 14, 2018
President Trump isn't afraid to spend money. The past few weeks have seen a new federal budget agreed to in the USA, with the figure for 'defense' spending coming in at the highest level ever: $700 billion US Dollars. This is a very large amount of money, though when the defense...
By Nicholas – Published on February 13, 2018
If the last ten trading days are any guide, there could be some big changes coming for major asset classes. A popular explanation for the snap selling in equity markets that started on Friday, February 2nd is a push higher in US 10 year bond yields. This, as the story goes, set off a chain...
By Nicholas – Published on February 9, 2018
World markets continue to be sold, with most assets now joining the equity exchanges in a torrent of red pixels. All of the major US indices were down for the day, with the Dow Jones Industrial Average posting a psychologically significant 1000 point loss. Today that number isn't as dire as...
By Nicholas – Published on February 3, 2018
The Dow Jones Industrial Average (DJIA) ended the week with a 666 point move lower, capping off the worst week for the average since 2016. The total loss for the DJIA for the week was 4.1%, with the S&P 500 losing nearly 4%. These losses come at a time when the Chinese banking system is...
By Nicholas – Published on January 30, 2018
The US Dollar has been under pressure when measured against other major currencies, but over the last few days, its fall seems to have stabilized around 89 on the US Dollar Index. There hasn't been much news to drive this action in the world's largest reserve currency, but some...
By Nicholas – Published on January 25, 2018
The US Dollar has been showing marked weakness over the last six months. Contrary to popular opinion, the latest rate hike by the FED seemed to launch a leg lower on the US Dollar Index. The US Dollar Index was designed to measure the US Dollar against a basket of major currencies, and given its...
By Nicholas – Published on January 24, 2018
For anyone that is familiar with Peter Schiff's highly critical view of US led monetary policy, the views he expressed in his latest interview with Alex Jones shouldn't come as a surprise. But unlike the criticism he has delivered over the last few years, he now sees a collapse in the...
endCache(); } ?>