Gradually, Then Suddenly

Gradually, Then Suddenly We’re getting more than a bit tired of the debt ceiling ‘debate’ (and we use that term very loosely). The sooner this comes to head and is ‘resolved’ (again, we use the term loosely), the better. Fundamentally, it is impossible to resolve our debt problem in the next 2-3 weeks. The current […]
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Gold is Money. Everything Else is Credit.

Gold is Money, Everything Else is Credit. Question of the week: If gold is an inflation hedge, why did it fail to perform well last year when inflation was rampant? And if inflation is receding now, why is gold now approaching new all-time highs? Bloomberg Markets Live produced an article this week answering that question; […]
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Wall Street Forecasting | Philip Palumbo

Wall Street Forecasting | Philip Palumbo In today’s video, Phil Palumbo speaks about forecasting Wall Street. Please Click Here to view.   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where PWM and its representatives are properly licensed or exempt from licensure. For additional […]
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Investing in Commodities | Philip Palumbo

Investing in Commodities | Philip Palumbo In today’s video, Phil Palumbo discusses investing in commodities and his advice for doing so. Please Click Here to view.   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where PWM and its representatives are properly licensed or […]
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This Week in History | August 20, 2022

This Week in History 51 years ago, on August 15, 1971, the gold standard came to a close as the gold-dollar peg was completely removed. From that date forward, we have had a fiat currency, that is, a currency not backed by anything tangible. The result? Since August 1971, the CPI has risen more than […]
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Looking for One Foot Bars | May 14, 2022

Looking for One Foot Bars After a difficult start to 2022, the tone of markets has become decidedly worse over the last 2 weeks, notwithstanding the rally on Friday, as markets appear to be shifting their focus from an inflation problem to a growth problem (i.e. a looming recession). The S&P 500 is now down […]
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The New Cold War | March 12, 2022

Short-Term Humanitarian Problem & Long-Term Economic Problem Hopes were raised, then dashed, and raised yet again this week as President Zelensky took NATO off the table for Ukraine and put a new negotiation on the table. The potential glitch appears to be the demand that ‘not one inch’ of Ukraine is lost (we’re unsure where […]
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