Lately, I’ve felt downright giddy! Every Friday, I update our investment portfolio. Our top mining stocks are up 400%, 158%, 53% and 46% respectively. In the last year, we’re up 21%. Not wanting to overtly brag, I’ll exclaim, “Wow!” hoping to draw my wife Jo’s attention to show her our gains. The euphoria carries over to enjoying a nice evening […]
» Read moreEd Steer regularly reminds us “Da Boyz” – (metals traders at the big banks), manipulate the gold and silver market. The big 8 are JPMorgan, Morgan Stanley, Citigroup, Wells Fargo, Bank of America, HSBC, Standard Chartered & Barclays. In August, he reported: “‘Da Boyz’ At the Ramparts In Gold Yet Again …. The Big 8 collusive traders in gold are […]
» Read moreThis MarketWatch article, More people are late on both their mortgage and student-loan payments – another bad sign for the economy got my attention. Let’s start with student loans: “Student-loan delinquencies are rising sharply, as are delinquencies on mortgages backed by the Federal Housing Administration…. New York Fed’s data indicate that one-tenth of student-loan debt was reported as seriously delinquent…meaning […]
» Read moreBest of Dennis… Dennis is taking some much-deserved vacation time, and will be back writing soon. This article was posted originally on March 28, 2024, and it is still relevant today…. Our article, The Impossible Dream outlines how actions of the political class, Federal Reserve and casino-banks are leading our country into extraordinarily difficult times. Subscriber Mike G. asks a […]
» Read moreBest of Dennis… Dennis is taking some much-deserved vacation time, and will be back writing soon. This article was posted originally on May 9, 2024, it is still relevant today…. Like most people, many times during my working career I put up with a lot of crap from my employer; I had bills to pay and a family to support. […]
» Read moreI was emotionally fed up and hopped on a semi-soapbox with my recent closing remarks. After calming down, I thought about deleting my remarks but my wife Jo said “NO” – leave it in! So, I did…. After my article ran, I reluctantly opened my inbox, not knowing what to expect. I feared angering some readers; perhaps canceling their FREE […]
» Read moreCBS reports: “Heading into 2025 Americans are more hopeful than discouraged…than they were heading into 2024. …. Among those who say they’re generally hopeful about 2025, their top reason is that Donald Trump will be president. …. To those who say things are bad, it’s much the same story…inflation and prices are driving that sentiment.” FDR defeated Herbert Hoover, singing, […]
» Read moreBest of Dennis… Dennis is taking some much-deserved vacation time, and will be back writing soon. This article was posted originally on April 4, 2024, it is still relevant today…. The Economist published an abstract of the book, “This Time Is Different, Eight Centuries of Financial Folly,” by Carmen M. Reinhart & Kenneth S. Rogoff. They explain: “Every so often, […]
» Read moreThe Federal Reserve soap opera began over a century ago. The never-ending melodrama is fraught with twists and turns, good times and heartbreak and most of all – lies! One constant character, the Fed Chair, plays the role of a carnival barker, hawking the illusion of diligently guiding our country’s banking system through turbulent times – while deceiving the country […]
» Read moreMonday, August 5, 2024 headlines: GLOBAL STOCK MARKETS ROCKED DOW -900 CALLS FOR EMERGENCY RATE CUT U.S. STOCKS PLUNGE AS RECESSION FEAR TAKES HOLD Is the anticipated market correction finally here? After two minutes I turned the TV off, not interested in their hysteria. My broker’s servers were overwhelmed, couldn’t log in. Gold had a quick “Blue Light Special,” down […]
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