I’d like to thank the Institute for World Politics for inviting me to address them on the topic of The Strategic and Economic Implication of Anti-Russian Sanctions. Mr. Gary Brode will discuss how and why U.S. policy is failing to protect the dollar’s world reserve currency status and its future effects on American consumers as … Read more
Hi All, I’ll be speaking with Invested.dk about oil, gold, currency, and portfolio hedging on Tuesday, June 28th at 2pm Eastern time. If you’d like to listen in, you can register here: https://attendee.gotowebinar.com/register/6123050936335466510 . Thanks to Invested.dk. Looking forward to the conversation!
The U.S. Bureau of Labor Statistics reported a May Consumer Price Index (CPI) of 8.6%. This was above last month’s 8.3%, representing an increase in inflation as opposed to the hoped-for decrease. Market forecasters were expecting 8.2%. and Yahoo Finance described the 8.6% number as “unexpectedly” high. This wouldn’t have been “unexpected” to any reader … Read more
I’ve talked investment ideas on occasion with Gary Mishuris of Silver Ring Value Partners for many years. He’s one of the most disciplined investors I know with a very clear idea of what makes a good stock idea. Gary is also one of the best at explaining complicated investment ideas in an uncomplicated way. With … Read more
Two weeks ago, we wrote about a Wall Street Journal piece titled “Surging Dollar Raises Possibility of Parity With Euro” which explained that the dollar was strengthening against the Euro. Today, the paper printed a new article titled “Dollar’s Climb Stalls Amid Mixed Economic Signals” explaining “The WSJ Dollar Index, which measures the dollar against … Read more
Last week, JP Morgan Chase CEO, Jamie Dimon, said that the economy is “sunny” at the moment but predicted there’s a storm coming. He just doesn’t know if it will be a big storm or a small one. He advised that investors “brace themselves” for the coming hurricane while noting he didn’t know if it … Read more
We’ve been critical of the Federal Reserve’s zero interest rate policy which has gone on far too long combined with its $9 trillion balance sheet so many times that it’s not worth putting links here. A quick check of the DKI blog will show it’s been a topic of interest. Today, the Wall Street Journal … Read more
Last week, we put out a piece explaining that foreign exchange traders see the US dollar as being strong and that American consumers are experiencing higher prices (meaning a weaker dollar). Today, the Wall Street Journal published a piece titled “Surging Dollar Raises Possibility of Parity With Euro” explaining that the dollar is strengthening against … Read more
