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Olduvai III: Catacylsm
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April Cheers Could Bring May Tears, Have a Look…

April Cheers Could Bring May Tears, Have a Look… When people stop trusting a market they stop using that market.  Trust is at near 20 year lows.  The conundrum is that as volumes decline it becomes ever easier for price insensitive participants to manipulate the market only furthering the distrust.  This first three charts depict the deterioration of volumes […]

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A Blended Fundamental and Technical Perspective on Where We Go From Here

A Blended Fundamental and Technical Perspective on Where We Go From Here So I’m currently teaching applied financial modelling at Marquette University in the beautiful blue collar town of Milwaukee, WI; home of the Harley, the (Miller) High-Life and SummerFest.  It’s a great town and a great school.  A few years ago the business college […]

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Who’s Profited Most from 7 Years of Fed Policy…. Well the Fed of Course!

Who’s Profited Most from 7 Years of Fed Policy…. Well the Fed of Course! So I’m often asked whether I really believe that government and policymakers intentionally create laws and policies that hurt the people and help themselves.  My answer is typically that “if you’re asking me this question you know I do but you don’t […]

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The Fed’s Fatal Flaw: A Predictable End

The Fed’s Fatal Flaw: A Predictable End So last week a very savvy investor asked me my view (h/t Simon Popple) on – When and what will break the chains on gold by those seemingly omnipotent forces that so assuredly keep its price in check? In essence, the belief is (and I expect for most honest and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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