Does Gold Still Have Some Room To Run?
03/25/2020 9:15 AMIn the 1960s, French politician Valéry d'Estaing complained that the United States enjoyed an “exorbitant privilege” due to the dollar’s status as the world’s reserve currency. He had a point. Because the dollar is the world’s currency, the US can borrow cheaper than...
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Confidence Is Gone From Stocks, Bonds & The Economy
03/25/2020 7:23 AMAnd not only will political games not help - they'll make matters worse by further undermining confidence in...
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“The Gold Market Is Breaking Down”: Gold Spreads Explode As LBMA Warns Of Liquidity Problems
03/24/2020 3:20 PMLast night, when observing the unprecedented "gold run" on precious metals dealers which has left all gold vendors with little to no physical gold, we said that "the price of physical gold has decoupled from paper gold" as a result of paper gold liquidations as...
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A Really Bad Idea Whose Time Hasn’t Come
03/24/2020 7:46 AMThe Federal Liberals want free reign to tax and spend without Parliamentary oversight. President Trump says he'll personally oversee mega billions in spending. Neither are in the public's interest regardless of the crisis or who's in...
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Big Fat Idea – Real Estate Investments Impacted by COVID-19
03/23/2020 10:59 AMJustin Smith of Hawkeye Wealth Management joins Mike to discuss potential impacts on commercial, industrial and multi-family real estate - both in the near and long...
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The Best And Worse Case Scenario For The U.S. Stock Market
03/23/2020 10:13 AMAs the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode — where is the US stock market crash likely to to stop falling? So far, it’s...
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Everyone Wanting To Buy Suggests The Bear Still Prowls
03/23/2020 10:09 AM“If you own 10% equities, as we do, and the market falls 100%, you will lose 10%. That said, you have 90 cents on the dollar to buy equities for free.” – Michael Lebowitz Let me explain his comment. Last week, we wrote a piece titled: Risk Limits Hit. When Too Little...
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Warren Buffett’s Advice on How Investors Should Respond to a Super-Contagious Disease
03/23/2020 9:59 AMIf there’s one person investors should listen to during a market correction, it’s Warren Buffett. At age 89, Buffett has lived through quite a few downturns. And he’s made out pretty well: His net worth is in the ballpark of $85 billion. Through the years, the Oracle...
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Infectious Disease Experts and Politics
03/23/2020 6:50 AMThere's no need to put critical thinking or scrutiny on hold when it comes to policy or politicians but no matter what your view - we should all follow the protocols prescribed by infectious disease...
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The Case for Optimism
03/21/2020 2:20 PMAs the volatility continues unabated, I wanted to provide you with some context and understanding of our current topography and what may happen next. I will state three points off the top which are critical to understanding my comments below: There is virtually zero...
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