Balancing the Budget is Challenging Given Current Entitlement Guarantees That Will Be Good For Gold
DECEMBER 2024 - WEEK 2 EDITION
December 2024 - Week 2 Edition Inflation Still Alive and Well but Won’t Be Tamed Any Time Soon The November Consumer Price Index (CPI) was released early Wednesday at 0.3%, and the “core” CPI (subtracting food and energy) was also at 0.3% (a 3.6% annual rate) for the fourth consecutive month. This proves consumer prices were stubbornly high during the entire election season of...
Our Monthly Review of the Metals and the Markets - November was a “Trump Slump” for Metals But They Still Beat Stocks
DECEMBER 2024 - WEEK 1 EDITION
December 2024 - Week 1 Edition To Cut Government Waste – Retiring the Penny May Save $1 Billion A Decade After the election and the immediate prospect of President-elect Donald Trump’s attack on government waste, Iowa Senator Joni Ernst published her top suggestions for cutting waste, of which the abolition of the penny made her list. Under the heading “Bad Pennies,” she stated the...
November 2024 - Week 4 Edition A Great Week to Be Thankful, Hopeful … and Careful This is a great week to pause and be thankful, especially because we live in America. Think of the natural advantages of our two large ocean borders on either side and two long, mostly peaceful borders above and below – even if inadequately policed at times. America...
A “Reversion to the Norm” in Gold and Stocks – Two Weeks After the Election
NOVEMBER 2024 - WEEK 3 EDITION
November 2024 - Week 3 Edition A “Reversion to the Norm” in Gold and Stocks – Two Weeks After the Election Imagine that two investors went “all in” on two investments in reaction to the Republican sweep of the White House and Senate on Wednesday, November 6th, when the results of the election were first made clear and markets opened. Investor #1 bought...