A Story About Japan, the U.S. Dollar, & Gold

Investors woke up to a major macro surprise Tuesday morning when the Bank of Japan announced a de-facto rate hike by allowing the yield on their 10-Year Treasury to reach .50%. Although the Bank of Japan (BOJ) didn’t actually raise rates, the net result is the same. What the BOJ did was allow the 10-Year…

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We Are Facing a Period of Incredible Change

As we’ve outlined previously, we’re in a period of incredible change.   Disinflation has been replaced with inflation. Interest rates are now rising, ceasing a 40-year trend in falling rates. The Fed is now removing liquidity from the economy which could push us over the edge into a recession.  These shifts are significant and will continue…

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The Most Important Story in Finance No One Is Talking About

The most profound seismic shift in the global monetary bedrock in decades is happening right now, right before our very eyes… and no one seems to notice or care.  But eventually, they’ll have to.   As I’ve been warning investors, we are rapidly shifting into a new regime. Inflation is forcing the Fed’s policy hand in…

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