A historic moment happened recently that was one of the defining moments for President Trump, the signing of the tax bill titled: The Tax Cuts and Jobs Act. The bill was the most significant legislative victory for President Trump. The Tax Cuts and Jobs Act will raise $4 trillion in revenue to help offset tax cuts by closing the door on dozens of corporate accounting tricks. Washington isn’t spared either, as Members of Congress will no longer be able to deduct their living expenses. It provides $5.5 Trillion in tax cuts with a net result in deficit spending of $1.5 trillion which will be added to the national debt. [Read more…] about December Newsletter – Security and Peace of Mind During Uncertain Times
The holidays are certainly upon us with many of us already having had our fill of turkey. The coming weeks may be filled with many friends and family, food and memories but of course the holidays can also bring stress, not unlike some of the topics in this month’s newsletter. I usually pick one topic and write in depth about that; however, this month I am giving a few updates on several topics that I have written about in previous issues of our newsletter. I value your time in reading our newsletter and would like to make mention, that if you have been a regular subscriber you should make sure to read the last topic in this month’s newsletter discussing the year-end discount. With that said, let’s review moves the Fed could make in response to European Central Banks latest policy updates. [Read more…] about November Newsletter – The Fed’s Influence, a Benefit or a Bubble?
While most of the financial world is paying attention to the U.S. stock market reaching another high, quietly, a major announcement came out of China that will put them on the global currency map like never before. China announced in September the creation of future Oil contracts, which will be open to international traders, and countries. What makes this historical move unique, is that payments will be made in their country’s currency, the Yuan, which is convertible to Gold. How does a country get their currency to compete with the U.S. Dollar? Simple, first set up their currency to be able to trade in the largest commodity in the world, Oil. Then, make those payments in the second largest traded commodity globally, Gold. This announcement is major because China has done just that! While this move provides the first official link between Oil and Gold, the stronger link is with the Chinese currency and Gold. [Read more…] about October Newsletter – Black Gold for Yellow Gold, The Trade That Changes The World
This question has been argued by every generation for centuries. It is an ancient dilemma going back to times of Aristotle (384-322 BC). He took the easy way out concluding that both the Chicken and the Egg must have always existed. Aristotle like Plato, believed that everything on Earth first had its being in spirit. My personal belief is that the Chicken came first. I base this upon my belief in the scriptures. Genesis 1:22 says And God blessed them saying “Be fruitful and multiply, and fill the waters in the seas, and let the birds multiply on the earth”. Many believers in Christ along with non-believers conclude that the Chicken came first otherwise how could we have an egg? [Read more…] about September 2017 Newsletter – The Debt Ceiling, Which Came First the Chicken or the Egg?
Over the last 25 years of my career in precious metals I mostly have talked about economics, and the government’s inability to manage their debt. Very seldom do I write in detail about Gold, yet in this current environment coming up, we could see a surge in the cost of Gold. For those that have heard me talk on the radio, have read my newsletters, or have heard my Podcasts, seldom have I ever talked about Gold or Silver making a significant move. I believe we could be moving into an era, fortunately yet unfortunately, where the old saying will be true:
“He who holds the Gold, makes all the rules!” [Read more…] about August 2017 Newsletter – He Who Holds the Gold, Makes All the Rules