Latest Insights on GOLD
No. 1 In Infections; Pot for Profit; Crapping Out in China
March 27, 2020 Great Stuff
Friday Four Play: The “WE’RE NO. 1!” Edition Are we having fun yet? Thousand-point swings in the Dow used to send investors panicking and running through the streets. Now? Meh. Been there, done that. This week, the Dow posted its biggest three-day gain since 1931. All the major financial publications crowed about it. “We’re back […] 3.28 Million Lost; Micron Moves; Cheesecake Blues
March 26, 2020 Great Stuff
Denial, Seems It Had to Come I warned you it was coming. I warned you it’d be bad. Relied on me to say it all. (Any Sevendust fans out there? No? Oh well…) Weekly jobless claims arrived today, and they were record-breaking. The U.S. Department of Labor reported that 3.28 million Americans filed for unemployment […] Senate Knows Best?; Sucker Bets on Jumbo Jets
March 25, 2020 Great Stuff
Mo’ Money, Fewer Problems? They did it. They finally did it. By “they,” I mean Congress … and by “it,” I mean a stimulus package deal to combat the coronavirus. The Senate and the White House announced late last night that they reached an agreement on a historic $2 trillion spending bill. (That’s trillion with […] Congress Gets Bold; Greatness in Gold
March 24, 2020 Great Stuff
It Can’t Rain All the Time Hope for a light at the end of the tunnel — that, dear readers, is why Wall Street rallied today. Hope that legislators in Washington, D.C., finally set aside their differences to help the American people. The Federal Reserve has already taken care of Wall Street — “unlimited stimulus” […] Powell Stimulates Nonstop; When Voltron Meets Hoth
March 23, 2020 Great Stuff
The Most Stimulating Man in the World You want stimulus? You can’t handle all the stimulus the Federal Reserve is pumping out right now. In a move that almost lifted the markets into positive territory this morning, Federal Reserve Chairman Jerome Powell announced unlimited stimulus — yes, unlimited. “Aggressive effort must be taken across the […]