ECONOMY
The Single Most Important Chart in the World is Flashing “Danger”
The single most important chart in the world is flashing “danger.” The defining issue of the last ~45 years has been the secular bull market in bonds. From 1980 until 2022, the yield on the U.S. debt (called Treasuries) was in a downtrend. In the very simplest of terms, this […]
The Vanishing American Dream: Why Young Adults Can’t Afford Homes, Families, or Stability
The American Dream has become prohibitively expensive, with home affordability at historic lows and the traditional middle-class lifestyle now out of reach for most ordinary people. But no demographic has taken it more on the chin than young Americans. You can see it in stark terms in this week’s chart […]
Why Our Systems Collapse
When merit is replaced with ideology, fires rage unchecked, killers walk free, and fragile systems collapse—leaving lives and cities in ruin. America has a lot of built-in safety backups and redundancies. But every once in a while, when tradition, science, time-tested protocols, and common sense are ignored, a fragile system […]
The People Who Can Literally Print Money Are Loading Up on Gold
Last week I noted that the single most important chart in the world is flashing “danger.” By quick way of review… Central banks are fully aware of this situation and have been taking steps to prepare for what’s coming. As you no doubt are aware, there are three methods of […]
Is This the Last Bubble?
The consensus holds there will be another bubble after the Everything Bubble pops, but this might be misplaced confidence in the godlike powers of central banks. The consensus holds that central banks–the Federal Reserve in the US–will gradually inflate away the world’s rising debt burden while propping up assets and the […]
California Tries to Stop the Exodus of Its Oil Refiners, Oops Too Late
After doing everything to get rid of fossil fuel producers, Governor Newsom has second thoughts. Climate Focus Shifts in California The Wall Street Journal reports California Wants to Halt Oil Industry Exodus After Years of Climate Focus Gov. Gavin Newsom’s office made its first-ever call to Chevron’s refining chief last week, […]
Why the Hardest Money Always Wins
French Emperor Napoleon III reserved a special set of aluminum cutlery for only his most honored dinner guests. Ordinary guests had to settle for gold utensils. In the mid-1800s, aluminum was rarer and more coveted than gold. As a result, aluminum bullion bars were included among France’s national treasures, and […]
Doug Casey on Why Trump’s Policies Are Right Out of Mussolini’s Playbook
International Man: The US government recently took a 15% stake in MP Materials and a 10% stake in Intel to counter China’s dominance in rare earth elements and revive the domestic semiconductor industry. Are these national security necessities, or a fundamental break from free-market capitalism? Doug Casey: First, whenever you hear the […]
Perceived Importance of College Hits Record Low 35 Percent
A Gallup poll shows the percentage of Americans saying college is “very important” has fallen to 35% Please note The Perceived Importance of College Hits New Low Americans have been placing less importance on the value of a college education over the past 15 years, to the point that about a […]
The Majority Must be Wrong
QUESTION: I asked GOK who thinks the stock market will crash. It gave a list of people all expecting a crash. It also noted that Buffet was bearish and J.P. Morgan was calling for a 20% drop. The reasons were “High valuations, particularly in tech and AI, are compared to historical […]
