The euro has been called an unmitigated disaster … a currency without a country. But you’re not getting the full story, and it’s that story that means the euro is safe, for a while at least.
Author: Jeff Opdyke
America’s New Inflation Problem
The U.S. economy is being steered by black swan president and economists with isolationist views. It’s an environment that breeds inflation and screams: “Buy gold!”
Wall Street’s Ticking Time Bomb
Once “too big to fail” banks have grown so large that it raises a troubling question: Are they now effectively too big to save in the next financial crisis?
Argentina’s Hidden Gem
Comfortable living in a beautiful part of the world. Quiet and peaceful. Golf weather year-round. But that’s not the big reason why you should consider owning real estate in northern Argentina.
Russia Will Roar in 2017
American mood toward Russia has morphed — or, at least, the Republican view has morphed. And that’s where we have an opportunity as investors. Welcome to the Year of Russia.
The Battle for Bonds
Stocks have reached stupid valuations, and bonds are under assault from Fed rate hikes. So, here we are, at a point in history when down is far more likely for each than up.
Preparing for the New Trump Economy
So many promises and threats are waiting to either unfold or fizzle. Which Donald Trump will show up to his first day on the job? Wall Street’s directional future depends on that answer.
The EU Meltdown
The European Union is headed for meltdown with the failure of the Italian referendum vote. Many votes are still ahead and this spells trouble for U.S.
Don’t Trust the Euphoria
The Dow topped 19,000 for the first time ever on Tuesday. Bond prices are plunging. The dollar is at a 14-year high. I even heard talk of the global economy picking up speed! Beware what comes next…
Hello Technology, Goodbye Jobs
As the Internet of Things takes over, it will do more than provide convenience. It promises to steal nearly all existing jobs. Without change, this is bad news all around for pretty much all of us.
Yellen's Shock to the Market
Yellen & Co. just finished another meeting and it’s no shock that interest rates remain unchanged, but December could prove to be dangerous for the market.
Don't Overlook Russia
The consensus insists that an investment in Russia is ill-advised. But the country isn’t the scary beast we’re led to believe it is. It’s simply a market misunderstood by much of the West.
A Eulogy for Democracy
In better days, America’s capitalist democracy was the envy of the world. Now, however, it’s dead … and American voters are the ones who killed it.
The Crushing Brexit Wave From Europe
Throw a rock into a pond and it takes time for the ripples to disrupt an ant pile built on the far shore. Brexit is no different.
It’s Too Late to Rescue Wall Street
Can you inflate a balloon by taking out the air? The answer is obvious. And, yet, Wall Street is rising (to rarefied levels) even as money is flowing out. How can this be?
The Leading Edge of the Dollar Hurricane
U.S. exports are down nearly $64 billion so far this year, and yet the Fed is flirting with raising interest rates. Can you imagine the economic storm if the dollar gets any stronger?
Wall Street Is Destroying the Economic Recovery
Despite the Fed’s blather, America’s chemistry is off. An ingredient necessary for a vibrant economy is missing. One look at the data will show you exactly what’s missing and why.
Basic Income Will Kill the Economy
In a world where machines can make perfect burgers, there’s no need for $15-an-hour burger flippers. But the solution, basic income, is more science fiction than fact.
Breaking the American Consumer
Every bit of economic data is dished up for consumption. A one-off snapshot that says nothing about the true state of the U.S. economy … that a consumer-driven downturn on the way.
The Fed: Soviet-Style Economic Propaganda
What we are led to believe as “truth” in America is no different than what the Soviets were led to believe, and only by disengaging will you get facts to defend investment decisions.
Don’t Underestimate Trump
As the presidential election draws near, Donald Trump stands a fair shot at claiming the Oval Office.But his win could spell trouble for the global economy.
American Government: Beyond the Big Two
U.S. voters have been led to believe that the only choices we have in government are Republican or Democrat. And yet, neither represents that view of America today. It’s time for something different.
Peeling Back Political Deficit Illusions
In politics, we typically think fiscally conservative and tax cuts for Republicans and wasteful spending and tax hikes for Democrats. But are our assumptions true?
One Asset Brexit Can’t Touch
Alternative assets often get a bad rap — remember the ’90s Beanie Babies craze? — but there is one asset that continues to appreciate in value that even Brexit won’t touch…
Brexit Rips Apart the Global Economy
By voting to flee the European Union, the Brits shocked the world … but only because the world wasn’t paying attention. Now comes the day after Brexit, and it promises to be worse than the event itself.
The Danger of the Fed’s Tall Tales
Don’t believe anything saying a rate hike is on the table in July. It’s not. The U.S. won’t see meaningfully higher rates for many years. The sooner you accept this, the sooner you can avoid financial ruin.
Brexit Spells Ruin of EU, Strife for U.S.
If Brits vote to leave the EU, the repercussions will leave behind damage and destruction … particularly in America, where the Brexit vote will plague the U.S. economy by way of the dollar.
Ride Oil’s Comeback
Don’t believe the media, oil consumption is not declining — it’s rising. But oil exploration budgets have been cut, and a supply shortfall is looming on the horizon.
Europe: What Wall Street Is Missing
As the second largest member of the PIIGS pack, Spain was much reviled. But the country has rebounded despite anti-austerity bloviating. So much for Keynesian doomsaying …
America’s Pension Problem
The government has a growing problem with its pension plans that will comes to an explosive head very soon. And no one will like the answer to the problem.
The Red Dragon Roars While the Fed Waits
Despite much hand-wringing in the media, the economy is turning up again. While the Fed seems out of touch with economic data, China has emerged as the only adult in the room.
Taking Back America
The last few presidents have run roughshod over our freedoms, and the incoming class of “hopefuls” offer little hope. But, in the end, it’s up to us to determine America’s future…
The Real Value of Gold
With fiat currencies headed toward failure, and central banks desperate to avoid catastrophe, it’s time to ask yourself: What is gold really worth?
Japan Is Our Future: Is Gold the Solution?
Central banks around the world have thrown everything at the economy. Unconventional monetary measures, quantitative easing, near-zero interest rates and yet … here we are. The plan has failed. Welcome to Japan 2.0.
A Modest Proposal to Save the World
The strength of the dollar is causing trouble for the U.S. jobs market and for the entire global commodities market. There’s only one thing to do to end the chaos: Kill the U.S. dollar.