During the 2008 financial crisis, gold fell about 25 percent and took seven months to make a new high. This time gold only fell about 15 percent, and may make a new high in under a month. This shows how much greater this financial crisis is, and how much more reckless current Fed policy is.
Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)
Mar 24, 2020
Bailing Out The Airline Industry
Watching CNBC anchors spreading more industry propaganda that without a government bailout, the U.S. will not have an airline industry. Without a bailout the U.S. will have a much stronger airline industry. To work at CNBC one must fail a test on free market economics.
Related trading instruments: Delta Air Lines (DAL), American Airlines (AAL), JetBlue Airways (JBLU)
Mar 23, 2020
QE Infinity Will Crash The U.S. Dollar
Americans wanting intervention to weaken the U.S. dollar should be careful what they wish for. The overvalued U.S. dollar is making things worse abroad, but it's actually lessening the pain here. Quantitative Easing (QE) infinity will crash the U.S. dollar on its own once the global dollar liquidity squeeze ends.
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