Financial Sense Blog

Tariffs and Rate Cut Hit Confidence

Aug 16 – The University of Michigan consumer confidence index took a hit in August as it fell to 92.1 from 98.4 and that was below the estimate of 97. It’s also the lowest since January and as seen in the chart below, it’s no higher than it was in late 2014...

Deflation May Be Fueling a Gold Bull

Aug 14 – Economic tensions continue to rile markets leaving many wondering if a global recession is imminent. Financial Sense Newshour spoke with John Roque and Bloomberg’s Mike McGlone for insight into what is happening and how gold will be affected.

David McKnight on the Power of Zero Taxes

Aug 9 – It’s only a matter of time before tax rates begin skyrocketing and David McKnight wants you to be prepared. He recently joined Financial Sense’s Lifetime Income program to discuss his best-selling book The Power of Zero...

Tom McClellan and Marc Chandler on Rate Cuts, Market Uncertainty and the Dollar

Aug 8 – With the Fed’s recent cut and Powell’s comments leading to more uncertainty, the bond market appears to be signaling more cuts ahead. Financial Sense Newshour spoke with Tom McClellan and Mark Chandler, for insight into current conditions...

Global Inflection Points: China, Oil, and Plunging Bond Yields

Aug 7 – As a follow-up to my warnings last month prior to the recent correction, several areas are at make-or-break inflection points that we are watching closely for signs of a bottom in the overall market or for a further break from current levels...

The Drop in Yields Is Getting Scary, Writes Peter Boockvar

Aug 7 – After a 1.5% month-over-month decline in the June German industrial production figure vs. the estimate of .5% with declines widespread in manufacturing, mining, intermediate goods, capital goods, consumer goods and energy...

How Trump Can Fix America's Trade Imbalance

Aug 6 – Taxing capital inflows is a far better way to balance trade than imposing tariffs. This would address the root causes of trade imbalances, improve the productive investment process, and shift most of the adjustment costs onto banks and speculators...

Richard Duncan Says Capitalism Is Dead, Find Out What Replaced It

Aug 6 – Classical economic theory was built on the premise that money is gold—thus creating a natural limit on credit growth. When President Nixon removed the ability to exchange US dollars for gold, effectively erasing the gold backing of the US dollar, the financial system...

China, Mexico, and US Trade

Aug 6 – Last week, it was widely reported that in the first half of 2019 Mexico replaced China as the United States’ top trade partner. China is now in third place, while Canada is in second. There has been a great deal of discussion in the media about what this means...

Trace Mayer on Libra, Six-Figure Bitcoin Price, and More

Aug 1 – Bitcoin is back above $10,000. But markets haven’t entirely accepted the foundational change cryptocurrencies represent, Trace Mayer argued on a recent edition of FS Insider. Facebook’s Libra is not likely to seriously challenge...