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Category Archives: Economy
Living the Lie
The problem with government propaganda, among many, is that it denies the truth. It attempts to induce people, through repeated justifications, to accept an official narrative that anyone with a small modicum of curiosity knows to be a lie. Continue reading
Posted in Economy, MN Gordon
Tagged baseless disinformation, bureau of labor statistics, eh carr, propaganda, truth
21 Comments
Gold Shines Bright
The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to mid-October, the dollar rose 13 percent against the euro, 22 percent against the Japanese yen, and 6 percent against emerging market currencies. Continue reading
Posted in Economy, MN Gordon
Tagged currency, default, federal reserve, gold, treasuries
15 Comments
Opendoor: Buy the Ticket, Take the Ride
On February 11, 2021, the share price of Opendoor Technologies Inc. (NASDAQ: OPEN) hit an all-time closing high of $35.88. As of market close on Thursday, the stock was trading at just $1.87. That’s over a 94 percent loss. Should you buy the dip? Continue reading
Facing Down a Wrath of Biblical Proportions
An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.” You may have seen it. The image shows Powell flamboyantly wearing a preacher’s robe and making an esoteric hand gesture with his right hand. His face is grimacing like he’s passing a kidney stone. Continue reading
Posted in Economy, MN Gordon
Tagged biblical proportions, business cycle, collapse, interest rate, jerome powell
30 Comments