If you are reading this and haven’t read Part 1, you will be able to understand this newsletter but miss many pieces of the untold story of Tariffs. Missing that read would be like building your house without a foundation, not something you would do in America. For this part, I try to answer the question everyone is asking: are tariffs working? [Read more…] about The August Newsletter – The Untold Story, Part 2: Are Tariffs Working?
Trade wars just recently moved from rhetoric to reality. Some say this is one of many things that will make America great again, as President Trump moves full steam ahead to ‘level’ the playing field of tariffs. Others, including the well-respected World Bank, and 45 leading economists are giving severe warnings that this will lead to a full fledged recession. The questions get asked in many ways, many times; “What is the goal to this? How do we know we have reached this goal? Where is the definitive plan? [Read more…] about Tariffs, The Untold Story (Part 1)
As I mentioned before, I have made many gold and stock market predictions recently that came true, even though at the time some questioned the wisdom in my prognostications. Most of my predictions were made live on national radio. Some of those recordings are archived on my website under the Radio section. I also made some forecasts when I wrote the monthly newsletter. This month, I have listed 8 of my more significant predictions that came to pass, as well as 2 very important new predictions that you don’t want to miss! It could help save you from a financial disaster. [Read more…] about June 2018 Newsletter – Stock Market Predictions: Some Use Their Crystal Ball, I See the Obvious
As the old song says “What goes up, must come down. Spinnin’ wheel got to go ‘round. Talkin’ bout your troubles it’s a cryin’ sin. Ride a painted pony let the spinnin’ wheel spin…” by Blood, Sweat, & Tears. I know I am starting to give away my age. If you have been watching the current market volatility of the Dow, you have been on quite the ride. Down 1100 points one day, then up the next day by 300 points. Up again by 400 points the following day, and once again up by 200 points the very next day after that. A week later you watched it go down 500 points for the week, then up the following week by 1200 points. All of that and then flat in the fourth week of the month. Then, the first week of the next month, the Dow drops over 1,000 in a day and down another 300 points the next day — and then the recovery happens again. [Read more…] about May Newsletter on Market Volatility: "Lock Your Doors, to Keep Honest People Honest"
For the last two months tariffs have been at the top of the financial news. While most of the attention has been on China and the U.S., Russia has also been in the sights and tweets of President Trump. The President wants to lower the trade deficit that widened over 12% last year to $566 Billion. This is the largest gap since 2008. China is not only the biggest country we trade with, but with whom we have the largest trade deficit with, hitting a record high of $375 Billion in February. [Read more…] about April Newsletter – The New Kid on the Block That Went Back to the Future