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 →
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 →
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 initial reaction to the Stimulus bill has been for the market to push down stocks and push up gold. The pessimists may be right, but they will have to prove it to us. So as a test we are…Continue Reading →
From what we read he refuses to acknowledge that banks and people who made bad decisions, bought a bubble, have to pay the price. Forty percent of the stock-market and housing assets have disappeared since the highs. So in our…Continue Reading →
Obama has a big job to try and rectify all that has happened to this country in the past 28 years. He won’t be able to get nearly all of it done and the people who supported him will hold…Continue Reading →
For our part there is nothing really more that needs to be said. You can look back through our archives for all the reasons that the the economy, market, and banks melted down…start with the discourse on the main site…Continue Reading →
If you accept the fact that spending on WWII was the biggest factor that pulled the economy out of the 1929 + Depression you had better start thinking bigger in terms of what it will take now. Obama needs to…Continue Reading →