Growing up on a farm taught me quite a few values. Those conservative traditional values have become beliefs which are still woven into my adult and corporate life. Some of those beliefs are of the same nature that our country was founded upon. Free speech, free markets, and freedom to worship. Unfortunately, in many ways, our country has moved away from many core principles. History has proven that this will have a negative effect on our great nation. [Read more…]
I have now been following the largest law in the history of our country. It was passed in 2010 with the most amount of lobbyists in the history of our country. This bill was originally 588 pages and eventually grew to over 22,000 pages. I am referring to The Dodd-Frank Act. It has been in the news now for months with much talk about it being revised. If you have been following me on national radio, I have spoken against this law because of its three major points: [Read more…]
Many have opposed Steve Mnuchin being the new Treasury Secretary under President Trump’s administration. I personally have mixed emotions about him. Mnuchin coming with much financial experience and business acumen, I thought this is what the Treasury and the United States needs to help fix our financial and debt structure. [Read more…]
Last month I wrote about how the Federal Reserve operates in an environment of cycles: Interfering in multiple markets which lead to creating a bubble. The Bubble then explodes and creates massive financial uncertainty. They then intervened with the creation of new money, followed up by more new money, which creates another bubble waiting to burst.
At the beginning of this month, Janet Yellen announced there would be a rate hike sometime during the month of March. During inter-day trading, Gold went up over $12 while the Dow went from green to red as Yellen made her announcement. Previously it was only a one in five chance that rates would go up in March, then it moved immediately to 75% and now 82% according to the CME’s tracking tool of Fed funds futures. The rate hike will happen more than likely on March 14-15th of the Fed Market Open Meeting, less than 48 hours before our country will have reached the looming Debt Ceiling. The Fed confirmed last December that there would be three hikes in 2017, and that was also confirmed in her speech at the beginning of this month. [Read more…]
Gold vs Stocks, Two Bull Markets You Don’t Want to Miss. [Read more…]