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Trump’s Point of No Return

Trump’s Point of No Return When I wrote that the coup against President Trump had morphed into a Civil War, I wasn’t kidding. The sham impeachment created the perfect environment for the Democrats and Republicans to get something definitive from him by playing the House and the Senate off each other. With the Senate Neocon Occupied Territory the […]

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The Coup Has Begun – The Empire Strikes Back Everywhere

The Coup Has Begun – The Empire Strikes Back Everywhere “I am altering the deal, pray I don’t alter it any further.” Darth Vader, “The Empire Strikes Back” You know I think there are no coincidences in politics. Everything happens on a particular schedule. So when I see a day as crazy as today I […]

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The Battle of the ‘Flations has Begun

The Battle of the ‘Flations has Begun Inflation? Deflation? Stagflation? Consecutively? Concurrently?… or from a great height (apologies to Tom Stoppard). We’ve reached a pivotal moment where all of the narratives of what is actually happening have come together. And it feels confusing. But it really isn’t.  The central banks have run out of room […]

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Big Signals from Gold and Silver

Big Signals from Gold and Silver After nearly eight years of torment, gold and silver are back.  The global political picture is spinning out of control quickly.  And the precious metals are here to tell us just how quickly. Before I get to the charts, however, I think it’s important we review everything that happened […]

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Forget Iran, Maximum Pressure Has Shifted to China

Forget Iran, Maximum Pressure Has Shifted to China In the past week the pressure on China by the U.S. has escalated daily. Since the trade delegation came back from China with lunch barely digested the Trump Administration has gone into over drive on demonizing China here at home. From finally declaring China a currency manipulator after years of threats […]

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Interview: The Lew Rockwell Show – The Coming Disintegration

Interview: The Lew Rockwell Show – The Coming Disintegration I got to chat with one of my all-time heroes the other day while taking in the sights of gorgeous Northern New Mexico, Lew Rockwell. Lew is a legend in the libertarian community and the father, in my opinion, of the modern libertarian movement. Lew was […]

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The New EU is Even More Insane than the Old EU

The New EU is Even More Insane than the Old EU The new leadership team of the EU is insane. They learned nothing from May’s vote which saw the middle ground occupied by Angela Merkel lose ground.  Euroskeptics doubled their representation while nationalist Greens gained ground as well. The European People’s Party lost significant clout […]

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Meet the New European Union, Same as the Old One

Meet the New European Union, Same as the Old One The European Union chose new leadership this week. It was, for once, a fraught affair.  No rubber stamps were anywhere to be seen.  In the end all four of the new European Union leadership were not the frontrunners as put forth by German Chancellor Angela […]

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Who Survives the Iran Counter-Offensive?

Who Survives the Iran Counter-Offensive? Iran has had enough. I think it’s fair to say that after 60+ years of U.S. aggression towards Iran that the decision to shoot down a U.S. drone represents an inflection point in world politics. In the first few hours after the incident the fog of war was thick. But […]

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Draghi Punts, Trump Grunts, Gold Bunts

Draghi Punts, Trump Grunts, Gold Bunts For months now the markets have been in denial that ECB President Mario Draghi has any answers to the Euro-zone’s problems. Today’s statement confirms what anyone with eyes to see has been saying. There is no Plan B. Draghi started the year saying he would end his various QE […]

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Did the B-Team Overplay its Hand Against Iran?

Did the B-Team Overplay its Hand Against Iran? Iranian Foreign Minister Javad Zarif has a term of endearment for Iran’s enemies, “The B-Team.” The “B-Team” consists of U.S. National Security Advisor John Bolton, Israeli Prime Minister (nee Dictator) Benjamin Netanyahu, Saudi Crown Prince Mohammed Bin Salman and the UAE’s Mohammed bin Zayed.  When we look […]

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Energy Dominance or Flatulence? Shale Drillers Bleed Cash

Energy Dominance or Flatulence? Shale Drillers Bleed Cash All of President Trump’s foreign policy can be summed up by two themes, making the world safe for Israel and controlling the price of energy. He calls the latter “Energy Dominance.” And to those who still believe Trump has a plan, these two things are the only […]

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Gold Makes Its Grievances Heard

Gold Makes Its Grievances Heard Gold is getting its revenge. Try as he might Mr. Tariff Man can’t dominate all the headlines all the time. Everyone once in a while something more important than the Trump Man-Baby Show should take center stage. Gold has moved more than $50 in just under three trading sessions, blowing past near […]

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Trust is On Trial in Europe and the World

Trust is On Trial in Europe and the World “It seems that if there was any truth to our language, ‘trust’ would be a four-letter word.” Joel – “Risky Business” Trust is the most important aspect of human endeavor. Without trust there can be no interaction. No communication. No friendship. No love. No Commerce. The […]

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Trump’s Vanity Will Destroy The Global Economy

Trump’s Vanity Will Destroy The Global Economy Last year I asked the question “Will Trump torch the global economy on the bonfire of his vanity?”  A year later we have the answer. It’s a resounding, “Yes.” I wrote after Trump pulled out of the JCPOA: Donald Trump wants regime change in Iran. His cancellation of […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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