This week has been basically a sell Obama exercise. And why wouldn’t it be? He is bringing regulations and getting tough on the big guys of the marketplace. So they will keep selling until the market blows them away. It…Continue Reading →
Obama’s speech last night pretty much put Trickle Down away for this phase of the 72 year economic cycle. Trickle Down created a lot of economic activity but in the end the bottom-line numbers showed that it was best at…Continue Reading →
I tend to be bullish on America when I think things make sense in Washington and bearish/long gold when things don’t make sense. No doubt one could say on the whole that I have been naive in assuming that the…Continue Reading →
We like to follow a macro Washington script, ie our investment philosophy in the long waves based on what is going on in Washington.. The script for 2002 to 2005 was predominately long gold, from 2005 to 2008 it was long…Continue Reading →
Bernanke and Obama have put together an approach to address the raping of America by the privileged class that has gone on for 28 years. This is a big deal and it is not ending quietly, but it is ending nevertheless. The…Continue Reading →
Travel plans were postponed because of weather so I will take the opportunity to talk about the dollar. For most investors the dollar has moved higher, while kind of under the radar, some 19 percent since the end of March…Continue Reading →
We will be travelling tomorrow morning. Yesterdays update still applies. EMA ETF Fund NAV was 921. 7:34 PM CST
The investor binge is over, ended last September, and why shouldn’t investors be depressed and not believe that changes are being put in place that could help them start a new life. Yesterday was one of those moments of unrestrained…Continue Reading →
The pessimists are out in force. If you watch Fox News or Kudlows’ Show you would think this is the start of some calamity. In fact the economic decline started in 2000, we are 9 years into it. The two…Continue Reading →
The fight is not over, CNBC’s Cramer bascially says that you have to be a seller out of the box this morning and there are a a lot of short-sellers who share the belief that a crash is imminent. They may be…Continue Reading →