More than 900 tonnes of gold has gone missing. I mean, it’s not “missing” missing. It entered the system; we know that. But then… poof! We also …
The Coming Recession
Last week, Kevin Warsh raised interest rates. This week comes the bad news. Austan Goolsbee, who runs the Chicago Federal Reserve bank, told a …
America Sets a Bad Record. That’s the Good News
In seven days, America will set a very bad record. That's the good news. On September 30, the federal government closes its books for the fiscal …
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What My Grandmother Knew That Trump Doesn’t
The deposit slip I found in my grandmother’s affects years ago says Donald Trump does not understand interest rates. That’s bad for all of us. On …
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A Portfolio That Gives You Financial Freedom—And Lifestyle Freedom
I’m going to do something a little different with this month’s Global Intelligence. I’m handing the reins over to my friend and colleague, …
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What Happens If America Cuts Off Trade With the World?
Well, the Federal Reserve raised interest rates, which means that I was wrong… and Donald Trump is mad. As I noted in a dispatch earlier this week, …
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Canada to Join the European Union?
You say it here and it comes out there. It’s like magic! Earlier this month at the International Living Go Overseas Bootcamp in Tampa, I was …
Kroger and Amazon’s Message for America…
Kroger and Amazon have a message for America. It’s not a message anyone wants to hear. Kroger told Wall Street last week that the supermarket giant …
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I’m Defying Wall Street…
Eighty-five percent of Wall Street thinks I'm wrong. Seems like good odds to me. Fed Chairman Kevin Warsh will step to the podium tomorrow …
A Letter of Apology
This is a letter of apology… though the risk is that it becomes an “I told you so.” I met a retiree named LeDonna last weekend at International …









