May 20th Market Update; Why there is currently no alternative to the dollar; Well-defined market and economic trends are emerging and we need to plan

I have uploaded a new market update podcast for May 20, 2018. Click here to go to the show archives page to listen or you can listen on the link below.  I have included links to relevant articles and media on the Show Archives page.  The latest show is on the top of the page.

-The internet has become the great equalizer when it comes to getting the truth, but there is too much disinfo for the average person to fall victim to. Moreover, the internet gives many people in the MSM and alt-media a false sense of expertise with respect to their true knowledge. Everyone is an expert in politics, religion, and economics.
-Dunning–Kruger Fffect; a cognitive bias where people of low ability have illusory superiority and mistakenly assess their cognitive ability as greater than it is. This cognitive bias comes from the inability of low-ability people to recognize their low-ability.
-Too many people in the alt-financial media have created misleading and biased economic and monetary analysis as they have relied on the propaganda and disinfo sources like the gold and crypto shillers, Zerohedge, RT, PressTV, Infowars, Sputnik news, etc. The brainwashing is difficult to overcome.
-There are a lot of well-meaning writers in the alt-financial media who continually get it wrong.  They rely on the disinfo outfits and do not possess high level business and economic understanding. This same problem arises in the mainstream. I personally met many of the well-known faces on the MSM business shows while at Nasdaq.
-There are many reasons why the USD is the reserve currency. These are the reasons why the Chicom government does not want the yuan as a reserve currency. An analysis of why this is the case.
-The economic trends we discussed in January and early February are now fleshing out. These trends can persist for longer than most anticipate. The good news is that we have time to respond.
-Gold and silver commentary. Silver holding up better as its industrial off take helps to support silver prices.
-USDX showing renewed strength. The dollar may be a flawed currency, but it is less flawed than the yuan, yen, and euro. The emerging markets are up first for crisis.
-Watch for autocratic rule to become more common in the emerging markets as economic hardships mount in these nations.
-US stock market commentary.
-Real estate commentary. Price are rising, but when the UST hits 4% the change can come quickly; just like last decade, but probably not as pronounced. Hold onto your cash for distressed sales.