Actionable analysis from one of the most legendary traders in history.
Thoughts on the Market October 25, 2025 History, as Mark Twain once quipped, may not repeat itself, but it often rhymes. The 1920s—known as the Roaring Twenties—was a decade of profound social, economic, and technological change. A century later, the 2020s are unfolding with uncanny similarities. From cultural
Thoughts on the Market October 16, 2025 Because it plays a massive role both domestically and in the portfolios of investors all around the world, this write-up will do a deep dive into the U.S. stock market. As of 2025, approximately 162 million U.S. adults -- more than
A week ago I suggested to my readers that it was time to take profits in gold at $3880. Since I issued my recommendation to exit our long position and take profits, gold has continued to rally, pushing up towards $4050 per ounce. I have held this position for two
September 30, 2025 Thoughts on the Market This report outlines the rationale behind my decision to fully liquidate my gold positions and strategically reallocate a portion of the risk into bearish U.S. dollar structures, with a particular focus on the Japanese yen. It is still very, very early with
Special Edition: Thoughts on the Market September 22, 2025 This Special Edition is a deep dive into the Mar-A-Lago Accord. If you haven’t heard of it, you owe it to yourself to get educated. I have written for many months about the mounting crisis of our nation’s federal
