Something just doesn’t make sense in the oil market when falling global oil inventories and escalating tensions in the Middle East suggest rising, not tumbling, prices… LOL. Furthermore, global oil demand is actually stronger than last year… SO WHAT GIVES??
When a country peaks in its liquid fuel demand, this typically points to the inevitable plateau in “Real Economic Growth.” This seems to be true for Americans, as U.S. gasoline and diesel consumption per capita peaked more than 15 years ago… regardless of the massive money printing by the U.S. Government…
Central banks purchased the most gold over the past year, as the U.S. and ECB printed trillions in new treasuries and bonds. It seems as if many central banks are becoming worried that U.S. Treasuries may no longer be safe assets in the future. I agree…
While U.S. and Global Auto Sales still haven’t recovered since issues stemming from the 2020 Pandemic Shutdown, another culprit is at work. No, it’s not due to shortages of semiconductors, even though that has accounted for a small part of the weak sales rebound. So, what is it…
Gosh… the more I dig into things, the bigger the problems I find. Today, I will describe the U.S. Treasury BLACK HOLE. I have to tell you, while I think I have seen it all, I haven’t… LOL. Yes, I know I am a broken record, but when you see this information, it’s amazing that the U.S. Government is still open for business…
If the Middle East conflict escalates, this could be very BAD NEWS for the highly leveraged financial and economic markets. It’s no wonder the gold price surged by $64 on Friday. Unfortunately, any major disruption can cause chain-reaction defaults in finance and move to the safety of hard assets…