Month: February 2021

by Charles Hugh-Smith Our Nobility’s assessment of risk and their war-gaming of vulnerabilities are fatally deficient. Many people have heard of Nassim Taleb’s black swan but fewer understand how few events qualify as black swans. Per Wikipedia, a black swan is an unpredictable or unforeseen event, typically one with extreme consequences, an event that is beyond what is normally expected of a situation … Read more

ITM Trading, Released on 2/1/21 Blog: https://www.itmtrading.com/blog/silve… Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. … Read more

from Kerry Lutz’s Financial Survival Network For over 30 years Angela Sloan, CEO and founder of Sloan Financial Group, has dedicated herself to helping clients secure their financial future… Student loans are going to be forgiven, all or part. The market is expected to go up this year. Will the President kill the economy? $15 minimum wage is … Read more

by Jim Quinn Your friendly government drones at the BLS are telling you inflation over the last year is 1.4%. The charts below, based on actual prices, beg to differ. In addition, they say the owner’s equivalent rent is only up 2.2%, while the real prices for houses is up 14% over last year. Are Americans so obtuse … Read more

by confoundedinterest17 The FHFA Purchase-only home price index rose at an 11% YoY pace in November 2020, even a faster pace than the dreaded house price bubble of 2005. Oddly, the GSEs Fannie Mae and Freddie Mac have been raising the average credit score (FICO) on loan purchases since Q1 2019. Over the same time period, … Read more

by  J. Johnson via JS Mineset Great and Wonderful First Day of February Folks, Gold is trading in the green with the April contract now at $1,867.40, up $17.10 after the rally to $1,876 with the low down at $1,851.70. Short squeezed Silver is up $3.026 with the March contract at $29.94 after it reached $30.35 with the … Read more

by The Phoenix The next leg up for precious metals has arrived. During major bull runs in precious metals, silver typically outperforms gold. With that in mind, I like to use the silver to gold ratio as a means of measuring this. When silver outperforms gold, this line rises and when silver underperforms gold, this line … Read more

by WARREN MOSLER Personal income went up with the crisis due to Federal transfers of the Cares Act, which subsequently faded: Personal income excluding government support continues to lag behind prior levels: Even with the higher levels of total personal income consumption has lagged and most recently decreased as government benefits expired: A part of … Read more

by givemeyourpants https://www.reuters.com/article/cramer-interview-idUKN2036292620070320 Direct link to Interview Video since the old in-article links aren’t working https://www.youtube.com/watch?v=CpMEFtPZJLc “What’s important when you’re in that hedge fund mode, is to not do anything remotely truthful. Because the truth is so against your view, that it’s important to create a new view, to create a fiction.” “Then you call … Read more

by Martin Armstrong A number of people have commented that somehow the people on Reddit are taking our forecasts and touting them when to buy as in silver now. It appears that way for  I have been warning for months that the gold/silver ratio will collapse and that silver would gain over gold. The danger … Read more