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The growing weaponization of space

In his recent State of the Union address, President Trump gave a shout-out to space exploration, highlighting the newly-created Space Force branch of the US Military, and NASA’s Artemis program of crewed lunar exploration. Artemis aims to put astronauts on ...

Gold reacting to global flash points

Gold’s safe haven status was tested this week, as Iran countered the assassination of its top military commander with missile strikes against two Iraqi bases housing US troops. On Tuesday night Tehran fired over a dozen missiles at the Al-Asad airbase and E...

Oil Is Now More Volatile Than Bitcoin

You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of the world's most volatile commodities: bitcoin. Bitcoin and most cryptocurrencies are synonymous with extreme bouts of volatility. However, it's crude oil that is now earni...

Blacktop politics

Benjamin Franklin once said; “Out of adversity comes opportunity.” The adversity the United States now faces with the coronavirus pandemic is the worst national emergency the country has faced since World War II, more serious, far more deadly, than a...

Weimar Fed in the Twenty-First Century

I was pacing around the house this lovely but cold Friday afternoon (after finally having the water supply restored after our well filed for unemployment benefits), trying desperately to think of a topic to write about in this weekly missive, when it suddenly occurred t...

A Minsky Moment is coming for gold

“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inheren...

Jayant Bhandari: Forget Toilet Paper. You'll Need Cash, Gold and Silver, and ...

Jayant Bhandari: Forget Toilet Paper. You'll Need Cash, Gold and Silver, and Smart Investments to Survive COVID-19 Maurice: Today we will discuss the Coronavirus and a number of buying opportunities for your portfolio. Joining us for conversation is Jayant Bhan...

US between Scylla and Charybdis

I’m just going to come right out and say it: The United States is not equipped to deal with a pandemic. The nation of 327 million, despite having the number one economy in the world, and by far the most powerful military, is shockingly ill-prepared, not only ...