This past week was a stormy ride through the badlands of hell for bonds. Government bond prices took their worst cliff-fall since the Marshall Plan. The panic run of bonds over the edge was sparked by..
Who remembers the great bond massacre of 1994? Bond crashes are usually not at the top of the list for famous crashes. Stock market crashes, yes—1929, 1938, 1974, 1987, 2008..
Letting yourself wallow in negative thoughts won’t solve whatever problems you face and may even make them worse. Humanity got where it is not by complaining, but by finding solutions.
Gold performs two jobs that fiat currencies, or any other financial innovation, cannot do; first, it acts as a safe haven in times of turmoil, second, as a store of value.
It’s a flattener driven by tardy Fed policy relative to market signals. in other words, driven by policy falling well behind the market’s inflation signals.
Gold is among the safest of havens in times of war, or any other type of geopolitical instability. The Russia-Ukraine war, unthinkable mere weeks ago...
Putin’s War has certainly increased the number of sovereign debt defaults we are going to see… Because we keep putting off the pain with new mountains of debt but no structural repairs or redesign..
