COP28 Is Ending in Chaos and Discord. That’s A Good Thing.

For those unfamiliar with United Nations jargon, “COP” stands for Conference of the Parties to the United Nations Framework Convention on Climate Change. COP28 is the 28th general convention of the parties. It recently concluded a major global conference in Dubai with over 70,000 attendees including heads of state, climate czars, UN officials, NGOs, media, and…

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The Ivy League Has Been Dumbed Down to Irrelevance

I should begin this article with the disclosure that I graduated from the University of Pennsylvania Law School in 1977. I was still 25 at the time, fairly young for a graduating law student. Many of the faculty were in their 50s and 60s and had carved out distinguished careers as scholars, litigators, authors of…

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Markets Wanna Party Like It’s 1999

The Fed rate remained unchanged as a result of the FOMC meeting last week. But what does the future look like? Today, I’ll explain what happened in terms of policy moves, what Fed Chair Jay Powell believes will happen next, and what will actually happen. The difference between Powell’s expectations and market expectations creates opportunities…

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Insider Trading Before Oct 7 Hamas Attack

This story provides detailed evidence that there was significant insider trading in advance of the October 7, 2023 massacre of Jews by Hamas. The parties who conducted the insider trading are not yet identified, but it would come as no surprise to find that they were members of Hamas itself or perhaps senior royals in Qatar who…

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$15,000 Gold

I continually remind gold investors, whether in bullion or mining shares, not to get too euphoric when gold rallies and not to get too depressed when the dollar price retreats. Gold is still the best form of money and proves valuable to investors over time. This is true whether inflation or deflation prevails. The key…

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