McClellan Financial Publications, IncPosted Jul 15, 2020Jul 10, 2020The stock market rally went into pause mode in June, or at least that is the case as measured by the SP500’s behavior.But traders are still piling into the tech stocks which dominate the Nasdaq 100 Index.The operative logic is to chase what is working, for as long as it is working.And that logic is working at the moment.The...Read More
The most alarming interview you'll listen to in 2020!Would you ever imagine that the American people are funding the cannibalism of our own industries? Thanks to something called dollar swap lines-which grants unlimited lines of credit to 15 central banks around the world-this is exactly what's happening in the shadow banking system.In this episode, you'll learn:1. What are dollar swap lines, and...Read More
Alasdair Macleod explains why he believes the dollar's days are numbered not only as the world's reserve currency but even as a useful domestic currency.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
The coronavirus pandemic is driving a major crisis in the commercial real estate industry. Two sources are CLO, a type of collateralized debt obligation, which is often corporate loans with low credit ratings or loans taken out by private equity firms to conduct leveraged buyouts. And CMBS, Collateralized Loan Obligations, which are backed by commercial mortgages rather than residential real estat...Read More
One might think that growing up with the last name Trump means you've been handed everything your whole life or things have been easy for you, but that couldn't be further from the truth.Eric Trump joins the Rich Dad Radio show to discuss what life is like as the son of the 45th President of the United States and how his parents raised him and his siblings to work hard and understand the value of...Read More
McClellan Financial Publications, IncPosted Aug 5, 2020Jul 31, 2020Farmers in the U.S. were excited this week about the news of China agreeing to buy 1.9 million tons of corn. That news has not yet given a lift to corn futures prices, but this week’s chart says that a major multi-month uptrend is coming.The movements of gold prices tend to show up again about 15 months later in grain prices....Read More
"Discrimination in every day life, including housing, education, criminal justice and employment, have a profound impact on people's quality of life and ultimately their physical and mental health."Continue...Read More