Secretary of State John Kerry’s comment implies that a strike by the U. S. on Syria is imminent. The war trade is on. Gold, oil and Treasury bonds are up. Stocks are down. Here is the most pertinent part of a long Kerry speech, “At President Obama’s direction, I’ve spent
The key to generating wealth over a long period of time is to identify when one macro cycle ends and a new macro cycle begins. In economics, a macro cycle is defined as a cycle of big picture economic performance, structure, and behavior. No bell is rung at the end
This article includes stock on gold (GLD), silver (SLV), Coeur d’ Alene Mines (CDE), (GLL), and (IAU). My long time readers are well familiar with the accuracy of my calls on gold and silver. These calls are well documented here. As a background for the new readers, I
It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise bold move, Draghi announced that the ECB is lowering its main rate from 1.5%