The Perfect Crash Indicator Is Flashing Red
What’s the last big toy you buy when things have been good for a really long time and you already have all the other toys?
What’s the last big toy you buy when things have been good for a really long time and you already have all the other toys?
One of the crucial things to understand about today’s world is that money is fungible. Whether it’s created in Japan, Europe, China or the US,
Just a quick, happy update on the gold/silver COT reports. See last week’s post for a little more background. Speculators are running scared in the
The stars — in the form of smart and dumb money futures contract positions — have once again lined up favorably for precious metals. Here
The past decade’s historically low interest rates convinced millions of Americans to buy cars they could only afford with hyper-cheap credit. This made auto sales
Every day brings another scary headline from the Middle East — which makes it easy to treat them as background noise rather than a clear
It’s been a long time coming, but Illinois’ slow-mo financial disaster is now front page news. A few recent examples: Roadwork Could Shut Down Across
This cycle’s main bubble is in government bonds and fiat currencies, with a dash of large-cap tech thrown in for variety. But like a hurricane
The global financial system’s ever-increasing leverage pretty much guarantees another crisis in coming years — unless it’s pre-empted by new weapons that can, in theory,
Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are
Doing the right thing is hard for both individuals and their governments. Name the goal – maintaining a healthy weight, paying off high-interest credit cards,
By now everyone with an Internet connection is aware of the “ransomware” attack that shut down hundreds of thousands of computers over the weekend. The
The past century has been an orgy of experimentation. We tried fascism, which initially looked good to some before (literally) crashing and burning. We tried
One of the interesting things about the Great Recession was how Canada’s financial system sailed through it largely unscathed. Its banks were regulated wisely and
Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.