What we know now: Coordinated global central bank market manipulations have distorted price discovery mechanisms impacting valuations in stock, bond, and property markets. Politicians are taking credit for record-high stock prices and the unprecedented 5,000-point surge in the Dow Jones industrial average. A 2017 gift that will keep giving: NY Stock Exchange — Margin debt […]

In the same week that Goldman Sachs predicted Tesla stock to drop by nearly 50%, Elon Musk has promised to Power Puerto Rico. It’s very clear even to neophyte investors that Tesla’s stock is in bubble territory somewhere outside the stratosphere. Goldman cites massive cash burn, “production issues” with hundred kilowatt-hour battery packs — another […]

The Federal Reserve is not part of the federal government and it is not a bank. The Federal Reserve Board is referred to as The Board of Governors and is located in the Marriner Eccles building in Washington DC. Seven governors are appointed for 14-year terms with the chairman and vice-chairman being appointed to serve […]

  For the past few decades, Congress has failed to take responsibility for its bevy of problems, and its unshining example tends to corrupt all our other national institutions. I strongly see the need for a full and open inquiry into Hillary’s illegal server, Clinton’s leaking of top secret documents, the pay-to-play Clinton Foundation, the […]