U.S. Treasuries

Outside the Box Thinking

The way I am, I just love reading about all different kinds of things. When I read about a particularly controversial issue, I make it a point to learn the other side of the argument.  This helps me to be open-minded, which is something I’ve tried to develop over time. It is incredibly difficult to think objectively through an issue and delve into the truth of something. It is far…

Gold Legal Currency in Utah

I’ve written before about how gold, and perhaps silver, will play a role in a new global currency arrangement. I’m a little hesitant to call it a gold standard though; gold will probably just be one of the currencies that backs a new global currency. This may seem a little hard to believe right now, but remember, the economy always evolves. Just think back to the creation of the floating…

Rising Volatility Ahead

I think we’re entering a period where it will be very hard to make a return. This is not necessarily because asset prices won’t go up, because they will. It’s just that volatility is going to be substantial as the big money unloads their inventory of government bonds. Just as in the recent spike rally in silver, a lot of people will find themselves buying when they should be selling,…

Debt Limit Reached, Now What?

The debt limit has been reached, and as far as I can tell, the global economy is still functioning. Could it possibly be that talks of an instant shut-down of our government was plain old hyperbole from our politicians? Luckily for us, “bookkeeping maneuvers” by our government will prevent a deft default and potential Armageddon- at least for the next 11 weeks. The way I see it, the government is overestimating the…

Turning Points: Tops and Bottoms

Helped along by an unexpected rise in unemployment claims to 8-month highs,  various asset classes are selling off. This is nothing out of the ordinary; we are just removing some froth from markets. Silver especially has been due for a fall. The dollar, quite frankly, has been due for a rally. Remember yesterday when I said that extremes are easy to trade? Well people are “extremely” bearish on the dollar right…