I have uploaded a new podcast update for November 10th. Click here to go to my show archives page to listen.
Topics discussed – The Dow and S&P are being bought up, as the Synagogue of Satan returns to the bid and their leveraged buyout (LBO) of the world continues… If gold is struggling while the backdrop for gold is supportive watch out below… I am concerned about rising 10- and 30-year bond yields as this could signal the end of the economic IV-drip and Bushonomics… Bushonomics explained…
Bushonomics relies on certain aspects to maintain itself: 1) Lowering of long bond yields to support peacetime deficit spending. 2) Deficit spending creates the generation of US Treasuries, which provides collateral to invest and buy assets. 3) Legislation and tax code modification coupled with this UST collateral creates asset inflation and provides the catalyst to concentrate wealth into righter and tighter hands.
Links to articles and media discussed –
Dow Jones Industrial Average – 50-Year Chart
Dow Jones Industrial Average 100-Year Chart
The Surprising Origins Of Your 401(k)
What Is the Capital Gains Tax Rate on the Sale of a Home?