The U.S. Economic "Recovery" Was Based On A Stock Market Bubble

The U.S. economic "recovery" was based on a stock market bubble. Once that bubble pops there is no way to avoid a severe recession. It does not matter why the bubble pops. All that matters is that it does. A stock market crash pulls the rug out from under an asset-based economy.

Sanders Generates Enthusiasm By Promising Free Stuff

Senator Bernie Sanders generates enthusiasm not by promising more freedom, but more free stuff. His sales pitch is not to allow voters to keep more of what they earn, but to take more of what others earn. It’s a campaign based on envy and theft, rather than personal achievement.

Sanders says “anyone who feels entitled to a decent standard of living” should join his campaign. No one is entitled to anything they did not earn. No one has a right to use government to steal what others have earned. Plus, what defines decent and who defines it?

Delinquent Auto Loans Are On The Rise!

It makes perfect sense that during what Trump claims is the greatest economic boom in world history that a record number of Americans can't even make their car payments!

U.S. Economy: Renting Costs Are Too High

"One in four renters is paying more than half their income on housing." - Peter Schiff

 Read the complete article here: The Rent’s Too High!

The Bullish Case For Gold

You know, the reason the US stock market went up this year is because the Federal Reserve surprised everybody by doing exactly what I had been predicting they would do. They aborted their feigned attempt to normalize their interest rates and shrink their balance sheet. They went back to interest rate cuts and quantitative easing. This is extremely bullish for gold.

Investors Don't Believe The Gold Rally

As gold nears a 7-year high, gold stocks continue to lag. Investors don't believe the gold rally, as they attribute it to temporary safe-haven buying. But geopolitical risk will remain elevated for years as Fed policy, the main driver of the rally, gets even more reckless.

Related trading instruments: 

Newmont Mining (NEM), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), SPDR Gold Trust ETF (GLD)