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Really Bad Ideas, Part 4: Federal Flood Insurance

As Hurricanes Harvey and Irma wreaked their havoc over the past couple of weeks, several interconnected questions popped up, the answers to which make us look, to put it bluntly, like idiots. Why, for instance, are there suddenly so many Cat 4 and 5 hurricanes? Is this due to man-made climate change and is this […]

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Suddenly, “De-Dollarization” Is A Thing

For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar. China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international medium of exchange. These were […]

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Hillary’s New Book Now Has A Rating Of 4.9 Out Of 5 Stars (After Hundreds Of 1 Star Reviews Were Deleted)

Hillary Clinton’s new book entitled “What Happened” is the hottest selling book in America at this moment, and thanks to the deletion of approximately 800 one star reviews, the remaining reviews make it sound like it is a masterpiece. As I write this article, “What Happened” currently has an average rating of 4.9 out of […]

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Looks Like The COT Report Wins Again, As Gold And Silver Fall Sharply

Eventually physical demand for precious metals will swamp the games being played in the paper (i.e., futures contract) markets. So every time the commitment of traders report (COT), which tracks those paper games, turns bearish while gold and silver continue to rise, the precious metals community watches hopefully for signs that fundamentals are at long […]

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