Category Archives: News

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Europe Is About to Implode

By | July 5, 2021

I’ve warned time and again that the EU would collapse in May-June. That collapse is here right on schedule. And NO ONE will be able to stop it. Here’s why: 1) According to the IMF, European banks as a whole are leveraged at 26 to 1 (this data point is based on reported loans… the… Read More »

You Ain’t Seen Nothing Yet

By | July 5, 2021

Watching pompous politicians, egotistical economists, arrogant investment geniuses, clueless media pundits, and self- proclaimed experts on the Great Depression predict an economic recovery and a return to normalcy would be amusing if it wasn’t so pathetic. Their lack of historical perspective does a huge disservice to the American people, as their failure to grasp the… Read More »

Expect $6 per Gallon Gas & Huge Surge in Gold & Silver

By | July 5, 2021

“Gold rallying is a recognition that virtually every large economy in the world is reflating. It’s a situation where a lot of money is being pumped into the financial system and every country in a race to the bottom with regards to their currencies. Interestingly, gold is moving higher with the yen moving lower. Of… Read More »

The inimitable Kyle Bass

By | July 5, 2021

Here’s a December 2011 snapshot from the inimitable Kyle Bass http://watch.bnn.ca/the-street/december-2011/the-street-december-13-2011/#clip584882 (sorry no embed for that one) Here’s another treat. Must watch for everyone who enjoys not being lied to. Unlike all other cheap talking heads, and know-nothing pundits who merely need a suit to make an appearance on one of the TV’s financial comedy… Read More »

Something Big Is Coming… and It’s Going to Be BAD

By | July 5, 2021

Something major is occuring in the markets today. The US economy peaked in 2007. However, throughout much of 2008, the stock market continued to rally despite the economic collapse as well as the financial system imploding. Throughout this period the credit markets jammed up and implied something VERY BAD was in the system. However, stock… Read More »

Apple TV

By | July 5, 2021

For $99, it’s hard to judge the latest version (2nd Gen) of the Apple TV too harshly , but the low price translates to a correspondingly narrow scope of capabilities. Sure, Apple bowed to popular demand by slipping Netflix onto Apple TV for this generation, but the little black box remains an iTunes storefront more… Read More »