There’s a weird conspiracy theory going around that the Trump Administration will re-value the gold in Fort Knox and restructure the dollar. DKI thinks this is unlikely, but we do see the value in going through the idea as a thought experiment. Dell nears a massive final contract with xAI giving us another data point … Read more
Years ago, I used to favor a lax FTC (Federal Trade Commission) regarding antitrust issues. I’m in favor of property rights and if Microsoft wanted to bundle it’s lousy Internet Explorer with Windows, why would I care? It was easy to download a different browser and make that new one the default. My general view … Read more
Many Americans are horrified at how our government is spending money. Candidate Trump ran for President promising to go through the budget line by line. Most Americans expected to find waste, but the amount of theft and fraud is staggering. We also found out that the “independent” press is being funded by massive “foreign aid” … Read more
I recently had a talk with one of our Danish subscribers regarding President Trump’s interest in Greenland as well as his likely end goal for European tariffs. While President Trump’s public comments caused some concern in Denmark, the population there quickly calmed down and realized the US isn’t about to start a war with a … Read more
Overview: Today, we got the January Consumer Price Index (CPI) report which showed an overall increase of 3.0% for the last year and 0.5% for the month (annualizes to 6.2%). That’s above last month’s 2.9% and above the prior month’s 2.7%. The annual number was 0.1% above expectations. The monthly was a large 0.2% above … Read more
President Trump and his team are energetically remaking both the Federal government and our trade relationships. The pace of change has been incredible, and depending on your political preferences, you’re either thrilled or appalled. As always, we’ll try to bring you a clear view on policy and leave the politics to others. As I write … Read more
This week’s news was dominated by two things. President Trump made financial news on central bank digital currencies (CBDCs) by banning them. DKI and liberty-minded readers cheered this! He also used tariffs to compel Colombian cooperation although the situation with Mexico and Canada is cloudy as of this writing. (That’s more troubling.) The Bank of … Read more
I’m getting a lot of questions and seeing a lot of discussion about why President Trump is about to enact 25% tariffs on Mexico and Canada early next week. Government officials from both countries say that at this point, they aren’t completely sure what they’d need to do to be in compliance with the wishes … Read more
Yesterday, the Federal Reserve “paused” keeping the fed funds rate unchanged. President Trump has been critical of Chairman Powell in public. Chairman Powell has refused to answer questions about President Trump, but is intentionally initiating conflict. I think both men have good and bad points on this topic so let’s dive in to all four … Read more
