A Dove in Hawk’s Clothing – Ep. 49
* Fed's official statement released yesterday * Received by the market as hawkish, Fed is still reiterates "patience" * The statement noted unguarded optimism about the U.S. Economy * Fed ignored u...
29 Jan 201517min
Weak Earnings and Bad Economic Data Pummel Stocks – Ep. 48
* Wall Street spared blizzard only to be buried in bad earnings and bad economic news * December durable goods down 3.4%; expected to come in at +.7 * Consumer confidence up to 102.9; contrarian ind...
28 Jan 201535min
Obama Misstate of the Union – Ep. 47
* The President is taking credit for an economic recovery that is a bubble created by the Fed * Obama voters' salaries are much lower now than when he was elected * We have fewer full-time jobs duri...
23 Jan 201510min
Central Banks Wage War Against Low Prices – Ep. 46
* Big action from the Central Banks this week * Bank of Canada lowered rates from 1% to .75% * The ECB announced the launch of first QE program * The Euro plunged against gold * Central Banks' goa...
23 Jan 201523min
Gold Rally Continues, Yuan/Dollar Peg Explained – Ep. 45
* Biggest 7-day surge in Gold prices since 2011 * U.S. GDP will be lower than in Canada this year * Canadian gold production will rise in 2015 * Gold is rising against most currencies except the Sw...
21 Jan 201522min
Will China Pull a “Switzerland” on the U.S. Dollar?
* Thursday, January 15, will be remembered as the day Switzerland abandoned its peg to the Euro * The Swiss defended their policy to peg to the Euro, but suddenly reversed, limiting their losses * T...
17 Jan 201524min
Switzerland Loses Currency War Swiss Win – Ep. 44
* The Swiss people have given up the inflation ghost to win the currency war * Media reports negative on the news: "silly decision" * Oil down against the Swiss Franc * Swiss stocks up in U.S. doll...
15 Jan 201517min
Denial Runs Deep From Wall Street To Bitcoin – Ep 43
* Dow down 600 points in between Tuesday high and Wednesday low * Stock market and real estate are pillars of the phony recovery * Loose government lending standards encouraging mortgage defaults *...
15 Jan 201533min
