Author Archives: macromon

Investing In The Economy Of The Future

Posted on August 11, 2020 by macromon

I skate to where the puck is going to be, not where it has been. – Wayne Gretzky   By Carol K. I have argued for many years, and contrary to popular opinion that self-directed investors (SDI), who are not … Continue reading →

Posted in AI, Equities, Uncategorized | Tagged , , , | 7 Comments

Susan Rice VEEP Pick Ramping

Posted on August 7, 2020 by macromon

Susan Rice has narrowed a 33 point gap on August 2nd in the prediction markets to within 7 points of Senator Kamala Harris to become Joe Biden’s choice as the Democratic vice presidential nominee.     See our July 19th post, … Continue reading →

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Going Deeper: PMIs vs Factory Utilization

Posted on August 6, 2020 by macromon

Purchasing Managers’ Index (PMI) The headline PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change. The … Continue reading →

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Gold Heading To $3,000

Posted on August 4, 2020 by macromon

The gold move has been astounding but not surprising.  In our book, the main driver of gold is the perception of the central bank’s commitment to maintaining the purchasing power of its fiat currency.   Unless the Fed panics and begins … Continue reading →

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Mars 2020 rover: How far we’ve come – CNET

Posted on August 4, 2020 by macromon

Very cool. I remember buying a computer for my loft apartment at the Archive in Greenwich Village just to watch the 1997 Mars rover, Sojourner,  land, and cruise around the Red Planet.  The brand new days of the internet and … Continue reading →

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And The Winner is…

Posted on August 1, 2020 by macromon

Not even close. “So the last will be first, and the first will be last.”  Gospel of Matthew https://twitter.com/fred035schultz/status/1288900848651829250?s=21

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Complicated Capilalism

Posted on July 31, 2020 by macromon

Compassionate capitalism is our mantra around but the pandemic has really complicated things, especially when it comes to private property rights.   As the pandemic drags on, who is right?  Renters or landlords? Chapter 19 Of U.S. Bankruptcy Code? We suspect … Continue reading →

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Trump’s Suggestion To Delay Election Is No Surprise

Posted on July 30, 2020 by macromon

“Don’t be surprised if you begin to hear the drumbeats of delaying or canceling the November election.” – GMM, July 19 See the article here  With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE … Continue reading →

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The Ultimate Scarcity Asset

Posted on July 28, 2020 by macromon

GaveKal reminds us why assets typically have value. They can be rare—gold bars, diamonds, houses on Victoria Peak, bottles of 1982 Pétrus, Van Gogh paintings, or They can generate cash flows over time We have been writing for years how … Continue reading →

Posted in Gold, Uncategorized | Tagged , | 2 Comments

Gold’s Tower Of Terror Trade & The Coming Of Stagflation

Posted on July 27, 2020 by macromon

I was just explaining to a close friend earlier today how gold can sometimes be a “Tower of Terror” trade where the bottom falls out of the price for no apparent reason.  In addition, the metal is mainly driven by … Continue reading →

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