Sand in the Hourglass – December 5, 2025 In markets and the economy, the marquee title fight is always between inflation and deflation. Right [...]

Happy Thanksgiving! HAI wishes all readers the happiest of happy Thanksgivings! This holiday-shortened week was a very good one for the precious [...]

Confidence in Destination For many months, HAI’s view has been that the U.S. is all-in on a policy commitment to run the economy hot, inflate the [...]

The Next Regime Playbook This week, price volatility was the name of the game in seemingly everything, and a prime contributor to that volatility was [...]

A Buying Opportunity for the Patient Over recent weeks we’ve seen funding stress resurface as a significant and growing issue for markets. Back in [...]

Happy Halloween, All! Happy Halloween all HAI readers! With plans to hit the spooky streets of Durango, Colorado with wife and little one for the [...]

Last week, HAI made the case for a massive, ongoing, structural bull market in gold. HAI also said that the violent reversal lower in gold last [...]

Last week, McAlvany Wealth Management held its annual client conference. It was a pleasure, as always, for this author to offer his best take on the [...]

Thanks to All Our Clients! McAlvany Wealth Management enjoyed its annual client conference in Durango this week. I’d like to express my deepest [...]

Dead Center Bull’s-eye With just one short week before the MWM client conference next Friday, and with focus on preparation for that annual [...]

Enjoy the Ride This author is currently engaged in a terrifying test. For the first time, I’m solely responsible for taking care of my 16-month-old [...]

The Foothills of Stagflation Over recent months, HAI has repeatedly suggested that the Trump administration, by national security necessity, looks [...]