MARKETS ARE NOT SAFE - November 23, 2011
Markets are ignoring the possibility of the European sovereign debt crisis tipping the global economy into recession. Three countries have been bailed out and two financial institutions have recently failed. Political leaders are feckless and the Federal Reserve has used nearly all its monetary tools. Markets are facing increased political uncertainty, rising sovereign bond yields and elevated measures of risk. Yet, money printing – inflation – the one tool global central bankers may unleash to prevent a depression is a real possibility.
Read More

MUNICIPAL MELTDOWN - March 11, 2011
It has been widely reported that many states, cities and localities are struggling with substantial budget deficits. According to Forbes magazine of the 50 states in the union, Illinois, New York, Connecticut, California and New Jersey are in the worst financial condition. The city of Vallejo, California has already filed for Chapter 9 bankruptcy and others are likely to follow. It is has been speculated that hundreds of billions of municipal debt could go bust. Is there a way to profit from a municipal meltdown?
Read More

REFLATION? WHAT TO DO FROM HERE - October 22, 2010
In order to increase wealth, investors require both income and capital appreciation. Considering the reflationary investment condition global monetary policy is endeavoring to create, prospects for capital appreciation in bonds are greatly diminished. To stay on the path to wealth creation, other asset classes need to dominate portfolios which can provide capital appreciation, balancing returns from income and those from rising values.
Read More