Mike Swanson

Military Industrial Complex Famous Quotes

by Mike Swanson | Jan 25, 2018 | Featured Articles, Foreign Policy

Of course the most famous quote about the military-industrial complex comes from President Dwight Eisenhower’s farewell address, but there are many more famous quotes about it. James Madison wrote that “no nation can maintain its freedom in the midst of continuous warfare.” Of course he said this before the modern military-industrial complex came into being, but it’s a famous saying that teaches us a lot. Before we talk about more quotes, first, let’s talk about Ike. In his famous speech he said “we must guard against the acquisition of unwarranted influence, whether sought or unsought, by...

What Some Stocks Are Doing Now is Crazy

by Mike Swanson | Jul 20, 2017 | Economics, Featured Articles

We saw a lot of stocks go up huge in May and then have key reversal days on June 9th on high volume. NVDA for instance went up over 68% in less than six weeks. Then it had a big down day. That action looked like the makings of a potential top or the start of a healthy consolidation pause that could last for months. But now NVDA is back up on it's high. It's hard to expect a stock that went up 68% in such a short-term amount of time to immediately begin another big run like that. But some stocks are in a position where they look like they could take off into bubble top runs. FB is one...

The Story of Gold and Bitcoin: Bulls Make Money and Pigs Get Slaughtered

by Mike Swanson | Jul 17, 2017 | Economics, Featured Articles

There is nothing wrong with being a bull in the stock market or a bear for that matter either. Nothing at all in fact. It's about seeing the trend and getting aligned with it. But being a pig in a finanical market will eventually lead one to the slaughterhouse. It's funny because when I started out trading in the 1990's the saying "bulls make money and pigs get slaughtered" was a really common phrase I would see on the internet stock trading message boards. And now no one says it. Today it seems like everyone wants to believe that the thing to do is throw all of your money into ETF's and...

Alarming Signals From Chinese Debts Markets Flash Red

by Mike Swanson | Jun 22, 2017 | Economics, Featured Articles

https://www.youtube.com/watch?v=E4OUqQoO8iE There is something very alarming going on with the Chinese debt markets that pretty much guarantees that China is going to tip into a bear market in its stock market and have an economic slowdown. Something similar is starting to happen in the US Treasury bond market, but the situation is not as pronounced with what is happening in China yet, but is telling us that no economic boom is coming and that we are at the end of this Fed tightening cycle or near it's end. This of course is going to be a bullish reality for investing in gold.

Donald Trump and the Zombie Elites

by Mike Swanson | Feb 9, 2017 | Featured Articles

This is the first post in what is going to be series of posts about Donald Trump, the United States, and you and I. It’s going to be about the rise of Trump, what he represents, and today’s American political culture. My goal is not to support or bash Trump or the Democrats, but to do the best I can do to bring understanding to what is going on today. Of course, this will impact investing and what goes on in the financial markets even if right now things seem odd. When it comes to the markets there is no volatility and no worries about anything. In fact, the stock market made history this...