Mike Savage
Articles by Mike Savage
It appears to me that just today the EU and the rest of the world just found out how serious Mr. Putin was about only taking Rubles, gold or bitcoin for payment from countries that are hostile to Russia.Earlier in the week the G7 (those...
There are times when you read things that really hit home. One of those things happened to me yesterday when I read an article on Zerohedge. It stated that if the US stock markets were to drop 25% (4 times what they were down at the time)...
Does this make sense? As I am writing this on March 15th., the Fed is beginning its 2-day meeting which will conclude tomorrow with an anticipated .25% interest rate hike- or maybe .50. In any case, it is a FAR cry from what they would...
SWIFT. Society for Worldwide Interbank Financial Telecommunication. This is the system that connects over 11,000 financial institutions in 200 countries and allows for payments between these institutions.It allows payments from one country...
It appears to me that the Eastern bloc is becoming emboldened and are looking to make hay while the West is showing its weakness. The withdrawal from Afghanistan, I believe, gave Russia and China the green light to do just about whatever...
Inflation or deflation? This is a question that may have a large impact on all investment vehicles depending upon the way this plays out. There are many good arguments on both sides of this discussion.Personally, I believe that we will...
The economy is great! Inflation is Transitory! Stocks always go up!Just a few of the whoppers being fist-fed to viewers of the financial game shows day after day and hour after hour.Since the mainstream media has become nothing much more...
The economy is booming! That is the mantra from the mainstream media all the way up to our illustrious President. My opinion is that these people are either clueless or evil- I’ll let you decide.The economy is booming so well that they are...
UNEXPECTED! It seems amazing to me that virtually all the economic news that comes out just gets worse and worse and, in each case, it is reported as “UNEXPECTED”.I guess when you watch the financial game shows and the mainstream media and...
As we enter into a new year, I am sure many are hoping for a better year in 2022. For those who plan ahead, there may be good reason to expect 2022 to be better. For those who fail to plan and figure “the Fed has my back” I believe it may...
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