Actionable analysis from one of the most legendary traders in history.
Thoughts on the Market August 27, 2025 The recent escalation in political pressure on the Federal Reserve -- marked by President Trump’s unprecedented firing of Fed Governor Lisa Cook coupled with his hyper-aggressive, vitriolic attacks on Fed Chairman, Jerome Powell, have triggered a regime shift in how markets need
August 20, 2025 GOLD: Stay Long — The Rally Is Structural, Not Tactical I. Gold’s Rally Is a Vote Against Monetary Fiction Since October 2022, we’ve maintained a core long position in gold, opportunistically adding and trimming exposure around key technical levels. After consolidating in a $400 range since
August 16, 2025: Dear Readers, First, thank you so much for your comments on our new format and pricing! It is always helpful to hear what we are getting right, and where we can improve. For those of you that subscribed recently, I hope that you enjoyed your “welcome” note
Macro Brief | August 2025 The US dollar is no longer the immovable force it once seemed. After weeks of consolidation, the Greenback is now teetering – pressured by dovish monetary signals and deteriorating labor fundamentals. My warnings since early June look like they are going to play out very soon. With
For some time now, we've anticipated one final surge in equities before a potential sharp correction and reversal. As the market tests major trendline resistance dating back to 2007, the next move will likely be dramatic. These moves will present excellent money-making opportunities, so we really need to
