May 22, 2013
I am at a conference in Myrtle Beach, S.C., this week and was listening to speeches by economists from two of the prestigious top 10 banks in the country. It is amazing how they have completely swallowed their own Kool-Aid about how great a time we are having in America these days.
May 15, 2013
I have been wrong in the past few weeks when I projected significant declines in the U.S. dollar. The turmoil in the currency markets has been acute, with most countries unabashed in their attempts to devalue their currencies.
May 8, 2013
The United States apparently created 165,000 jobs in April. I was watching some of the acclaimed economists that adorn TV stations, who all unanimously acknowledged after "checking under the hood" that the number is solid and deserves a standing ovation. Hurray USA. NOT!!
May 1, 2013
The U.S. dollar has been on a downward spiral for several years now. The trend started back in 2001 and the dollar has been in a clear downward trend since.
Apr 24, 2013
I have been wondering about the direction of business in Brazil. After meeting with a few seasoned bankers and businessmen, I am beginning to recognize the quandary that is plaguing Brazil.
Apr 17, 2013
Talk about ill timing of advice! Just last week, I wrote about the logic of buying gold. One day later, Goldman Sachs came out with its predictions on gold at $1,350 by the end of the year.
Apr 10, 2013
I sense a serious level of complacency in the investors in America today. In a recent unscientific survey of informed and enlightened investors, we found that at least 75 percent of investors are investing in the United States or in U.S.-based investments.
Apr 3, 2013
Little did I know that the Cyprus plan was co-authored by Martin Gruenberg, head of the FDIC. On Dec. 10, 2012, the FDIC and Bank of England presented a paper about financial stability wherein they specifically laid out plans of how they can completely take over your bank accounts.