Venture Society

05/29/2020

$ave Dat Money: Consumer Spending Data Shows Staggering Reversal

I’ve been writing for a few weeks now about the genuine changes in consumer behavior that are taking place around the world as governments respond to COVID-19. Basically, the thesis has been that because of massive layoffs and increased remote working, consumers are spending far less than they ever have […]
05/29/2020

Beware of the Greatest Insider Gold Trade Scheme EVER

If you are a bullion holder in a Negative Swap Line (-SWAP) Nation – please pay attention. Bernard Baruch was one of the wealthiest speculators in American history. He started with nothing and worked his way up to becoming a war effort hero and a trusted advisor to many Presidents during […]
05/27/2020

There is no Spoon: Central Banks Try to Print Away Market Risk

It’s hard to love pop culture, economics, and general nerdery as much as I do without eventually conjuring up some imagery from The Matrix. That movie is so jam-packed with catchy, universally insightful, infinitely quotable one-liners that the analogies practically wrote themselves long ago. When you set out to obtain […]
05/22/2020

USO Crazy: What Happens When an Oil ETF Can’t Buy Oil?

I don’t think I’ve ever received as many phone calls, emails, or text messages in one day as I did when oil prices went negative last month. I am still catching up with all those folks, which is frankly a welcome task during our continued isolation. By far, the most […]
05/22/2020

The First City of Capitalism: Silver’s Time to Shine

Powered by an intricate set of 22 dams, 140 mills churned out silver. It was an impressive feat of engineering given the time. Slaves were forced to carry 25 loads of 100-pound sacks per day. At an elevation of 13,000 feet, death was a frequent occurrence as pneumonia and respiratory […]
05/20/2020

Ch-ch-ch-ch Changes: Turn and Face the “Strain”-ge

Since the outbreak of COVID-19 began, Brazil is one of the countries I have watched closely. Primarily, that’s because I have traveled there far more than any other single country – primarily through professional obligations as a natural resource and industrial analyst. Because of that experience, I have a lot […]
05/15/2020

Pick Me Up: Riding This Economy Into the Great Unknown

It seems that every week, we get round after round of economic data, and it’s all… well, it’s terrible. Yesterday was no exception, either, with initial unemployment claims clocking in at nearly 3 million people over the course of last week. Source: Trading Economics While that’s down by almost 50% […]
05/15/2020

Trump vs. Powell: Who Wins?

President Trump recently tweeted, “As long as other countries are receiving the benefit of Negative Rates, the USA should also accept the ‘GIFT’. Big numbers!” Considering the President is a real estate marketing guru facing a ballooning national debt, it can’t come as a surprise he’d be in favor of […]
05/12/2020

We Were Family: Life Lessons Learned Through Small-Market Sports

I miss baseball. MLB is discussing the possibility of playing a shortened season to no fans in the stands, and that has probably excited me more than any news of the last few months. Every year, when the World Series approaches the final out, I can’t help but think of […]
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