Warren Buffett’s classic observation that “You only see who’s swimming naked when the tide goes out” is being tossed around more frequently these days, as
Twelve short months ago, the immediate future looked like a lock. Overvalued equities had to fall, ridiculously-low interest rates had to rise, and beaten-down precious
To say that gold is in a bear market is to misunderstand both gold and markets. Gold isn’t an investment that goes up and down.
So the markets are getting skittish and the media is obsessing about the many things that could go wrong out there. It’s like 2007 all
Of all the problems with fiat currency, the most basic is that it empowers the dark side of human nature. We’re potentially good but infinitely
One of the surest signs that a bubble is about to burst is junk bonds behaving like respectable paper. That is, their yields drop to
The dollar is on a tear. And the world is scrambling to figure out what it means. Beginning with the always-interesting Martin Armstrong in a
Excerpted From The Money Bubble: What To Do Before It Pops by James Turk and John Rubino: In a very real sense, it is fractional
US equities have been going up for so long that most investors — especially those who were only recently enticed into the casino by the
Today the US took its next-to-last stab at calculating First Quarter GDP, and the downward revision was impressive even by recent standards. It now appears
It’s not easy being a mainstream economist. You spend your life building models that become your professional identity. And when those models fail to describe
Late in the life of every financial bubble, when things have gotten so out of hand that the old ways of judging value or ethics
One of the many, many lessons we should have learned from the 2009 crash is that an economy driven by inherently-unstable – and completely unproductive
It’s easy to assert that big banks and other holders of long-term bonds will be crushed by rising interest rates, but it’s tough to calculate
Mortgage REITs are companies that borrow money to buy mortgage backed securities (MBS) and earn the spread between their cost of funds and the yield
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