Jul 16, 2014
It is now only a matter of time before the New Development Bank gains in strength and starts dominating the financial scene. And it is now only a matter of time before the U.S. dollar loses its crown as the reserve currency of the world.
Jul 9, 2014
I have often spoken to you about the health of the U.S. dollar and how it is failing. The state of the U.S. fiscal deficit is the prime cause of the ill-health, as the deficits are out of control.
Jul 2, 2014
There is a lurking, but very real, threat that will swallow not just the U.S. economic growth story, but will toss the world into a real depression and possible start another war, which the United States can ill afford.
Jun 25, 2014
I do not know if the stock market participants are asleep or just completely befuddled.
Jun 18, 2014
Nearly all central bankers are terrified of deflation, which is when the prices of goods and services decline as time goes by.
Jun 11, 2014
You know I have been a skeptic of the various claims made by the Western countries about growth and that 2 percent to 3 percent sustained GDP growth is here now. I have always advised you to check under the hood of the headline data events.
Jun 4, 2014
The Dow Jones Industrial Average and S&P 500 continue to make new highs. Each day I sit and wonder when will the house of cards fall? How can the stock markets continue the upward ascent when the only companion it has is inflation?
May 28, 2014
I have been advocating gold as an essential diversification of your investment strategies for a long time now. On days like this, I shake my head in disgust, as the world seems to be topsy turvy, upside down.