A “New Golden Age”…Or an Epic Bust?

August 30, 2025
7:22 pm

Greetings, Investors! RIGHT HERE (or just click on the below graphic) you'll be able to listen to a packed podcast that Mike Fox of The Prospector Podcast and I recorded the end of this past week, as I promised yesterday.

This actually started out as a game plan to simply opine on the most recent Fed picnic in Jackson, Wyoming, together with market reactions to Fed Chair "Fire Marshall Jay" Powell especially.

Most think he is about to take a step back toward his "arsonist" persona exhibited from late 2019 and onward for a couple years, when he unleashed the worst monetary inflation seen in four decades, if of all time.

And as you'll hear us discuss, it won't be all peaches and cream for the now- pretty much lame duck Fed chair if he does lead his bank into cutting rates in, now, under three weeks' time even as inflation readings bottomed several months ago and have ticked back higher since.

Beyond that, though--as Mike and I chatted ahead of time--there are a great many other factors growing in influence right now which will affect the global economy...inform the coming next federal budget showdown...and perhaps serve as a reality check to bubbly markets.

And as we learned just last evening (in the 7-4 ruling from the U.S. Court of Appeals for the D.C. Circuit), some of these things could upend the Trump agenda in a particularly nasty way.

So starting with this podcast, we wanted to share with you a "playbook" of sorts to be able to understand all that's going on!

This will also be followed up with, as I alluded to yesterday (I'm whittling it down and refining it on the fly over this busy family weekend for Yours truly), a compilation of a variety of the most important charts, others' analyses and more on the subjects Mike and I covered on our podcast and others.

And as always, I'll be arranging this "Playbook" influenced by neither Trump Derangement Syndrome nor Trump Deification Syndrome.

As you'll hear me say in my comments with Mike, President Trump has been transformative in a positive way already on a great many things: most of all when it comes to the economy and markets in his efforts to rebuild many industries in the U.S.

The downside, though, continues to be the way in which "The Math" (as I warned even before he was inaugurated in January) continues to work against him where the debt, deficits and related issues are concerned; a problem at least partly of his own making.

Indeed, after the Congress critters all return from the Labor Day break, the wrangling will start anew over the next C.R., or Continuing Resolution (see, I told you that this would happen and that R.I.N.O. House Speaker Mike Johnson led everyone down the garden path again--including Trump!!)

As the budget/fiscal picture threatens to deteriorate anew--especially if last night's C.C.A. verdict from D.C. stands in the end--you REALLY won't want to be holding any Treasuries!! And probably not most stocks as well.

For now, enjoy the long weekend!

(P.S. -- I'm additionally working on a new issue for our Members, which will update prices, status and offer several updates on our recommended portfolio...so be on the lookout for that as well!)