What Gold Is Telling Us: Be Cautious

Since the first of the year, gold has gone up in value by over 16 percent. Silver is up by over 53 percent. The Standard & Poor’s index is up just over 1 percent. The trends are interrelated. Historically, gold was seen as a barometer of world stress. In earlier...

Fearless Forecast 2026: Unmasking the Unforeseeable

In the short term, the forecasts we find most credible call for a continuation of the present into the future. If things are going a certain way, simply predict they will continue to do so. Such predictions are not really a forecast. They are extrapolating the present...

Getting Ready to Blow: Market Valuations Are Crazy

Billy Wilder was a writer, director and producer of a number of motion pictures, 7 of which won Academy Awards. In one of his last interviews, addressing statements by others that he was past his prime said, “People say Billy Wilder is out of touch with the times. Who...