by pentoport | Oct 11, 2021 | Commentary
October 11, 2021 Investors are growing cautious as we approach the fourth quarter, and their trepidation is justified. Here’s a brief summary of the situation: there is a potential global financial crisis stemming from the Chinese property market meltdown, supply...
by pentoport | Aug 30, 2021 | Commentary
August 30, 2021 It is not very surprising to me that nearly every talking head on Wall Street is convinced inflation has now become entrenched as a permanent feature in the U.S. economy. This is because most mainstream economists have no clue what is the progenitor...
by pentoport | Aug 23, 2021 | Commentary
Happy 50th Anniversary Gold August 23rd 2021 Friday the 13th of August 1971 was a very important date in U.S. history. It was the date that set the table for the beginning of the end of the USD’s world reserve currency status. And, greatly expedited the road...
by pentoport | Jul 27, 2021 | Commentary
July 26th 2021 The Fed’s manipulation of the money supply and its cost has served to obliterate the function of asset price discovery, just as it has also caused the middle and lower classes to reduce their standard of living. Since a greater percentage of their...
by pentoport | Jul 12, 2021 | Commentary
July 12th 2021 We are probably very close to the peak of this ersatz bull market and economy. Peak vaccination distribution, along with the peak optimism about the vanquished pandemic and the re-opening of the economy. U.S. corporations are experiencing peak profit...
