U.S. Treasuries: From Yang to Yin

“The world consists of Yin and Yang, and understanding this is crucial for anyone seeking to navigate life’s complexities.” Life is complicated. It seems that just when we think we’ve figured something out, the game changes. In Marketland, this usually starts with recency bias: a form of cognitive reasoning that…

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To learn, or to unlearn, that is the question

“It ain’t what you know that gets you into trouble. It’s what you know for sure that just ain’t so.” —Mark Twain When I went to visit my grandma as a young teenager, I remember showing off what I thought were my amazing superwoman skills. If you think I do…

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Japanese Yen: The canary in the gold mine

The global monetary system is a big blobby glob of sticky goo that somehow keeps on slugging along through endless waste and war. But stop what you’re doing and listen. Chirp, chirp, chirp…peep, peep, peep…chitter, chitter, twitter, twitter, TWEET! On April 30, Fortune published an article: Why Japan’s currency is…

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Miners Makin’ Money

“Gold—what can it not do, and undo?” – William Shakespeare I grew up in the 1970s and 80s. My dad was an environmental scientist with an obsession for gold. After he saw Raiders of the Lost Ark (1981) with Henry Ford, he got himself an Indiana Jones hat, a bullwhip,…

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Gold, Silver, or Bitcoin?

“No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.”—The U.S. Constitution (Article 1: Section 10, Clause 1) Our Founding Fathers—Franklin (1706-1790), Washington (1732-1799), Adams (1735-1826), Jefferson (1743-1826), Madison (1751-1836), and Hamilton (1755-1804)—didn’t trust the States. They didn’t trust the national government either, which…

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The Four Giants: Nvidia, Bitcoin, Dollar, and Gold

“If I have seen farther than others, it is because I have stood on the shoulders of giants.” —Isaac Newton In February, we saw something extraordinary—the price of gold was near all-time record highs, and the gold and silver miners were more oversold than ever before in history. There’s never…

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