The 4 Most Important Charts to Watch in 2016

The major U.S. stock market indices limped to the 2015 finish line with weekly losses, leaving all but the Nasdaq indices in negative territory for the year. The Nasdaq 100 added 8.4% in 2015 while the broader Composite index gained…

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Why you need to have PHYSICAL CASH… now.

Think of the word “money” for moment. What’s the first image that comes to mind? Perhaps the folded paper in your wallet. Or the balance in your bank account. Or perhaps the investments in your brokerage account. In our modern…

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Revisiting The Greatest Crash In History

A Historically Unique Event We keep watching what is happening in Cyprus with morbid fascination. As a reminder, the unhappy island was the first major “haircut” victim in Europe. Its bankers, who had flagrantly over-traded their capital and won prizes…

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Three Reasons Stocks Will Crater in 2016

Happy New Year! Last year (2015) likely will represent the top for the bull market that began in 2009. Stocks finished the year down, representing the first down year since the March 2009 bottom. Many analysts will point to the…

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What Comes After The Commodities Bust?

The days of E&P companies using external debt financing to fuel growth have most likely come to a close. The one thing executives should have learned in 2015 is that Wall Street can for long periods of time remain disconnected…

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Stock Markets All Over The World Crash As We Begin 2016

The first trading day of 2016 was full of chaos and panic.  It started in Asia where the Nikkei was down 582 points, Hong Kong was down 587 points, and Chinese markets experienced an emergency shutdown after the CSI 300 tumbled…

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The Best And Worst Performing Assets Of 2015

Late in 2015, Germany’s Handelsblatt reported, erroneously, that Venezuela was the best performing asset class of 2015.   It wasn’t. The reason this was in error is because if one adjusts the returns into the real currency exchange rate, one…

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Here Is A Sneak Peek Of What’s Coming in 2016

A lot of people were expecting some really big things to happen in 2015, and most of them did not happen.  But what did happen?  It is my contention that a global financial crisis began during the second half of…

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This Amount of Total Derivatives Is Almost Unimaginable…

Did you know that there are 5 “too big to fail” banks in the United States that eachhave exposure to derivatives contracts that is in excess of 30 trillion dollars?  Overall, the biggest U.S. banks collectively have more than 247…

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“Zero Confidence”: 8 In 10 Americans Think Obama Is Losing To ISIS

Who says the terrorists aren’t winning against our freedoms? With Obama in office, it may be a certainty. Nearly 15 years after the 9/11 attacks, the United States is weaker than ever, and it has perhaps dug its own grave…

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