Sometimes it seems like it. Consider the following Author: JOHN RUBINO CBS News just conducted a poll that paints Americans as too economically illiterate to deserve a future of freedom and prosperity. Here’s how Tom Woods, author of Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania, addressed it in a recent mailing: Sometimes you look[...]
Tag: inflation
Gold And The Shrinking Trust Horizon
via John Rubino's Substack Last week I posted an article on the implosion of the official vaccine narrative. That’s a controversial topic so not surprisingly it generated some heat on both sides. And a few readers expressed the wish that I’d stay in my lane (precious metals investing) and avoid venturing into unrelated and less well understood territory. But believe it or[...]
BITCOIN FLOUNDERING AS DIGITAL SUBSTITUTE – Gold Tops $2000 As Crypto-Correlation Crashes
April 18, 2022 From ZeroHedge: Since the beginning of the year, gold has surge over 9%, topping $2000 again this morning amid geopolitical crises and global stagflation fears… At the same time, cryptocurrencies have suffered with Bitcoin down around 15% (back below $40,000 this morning), with the most aggressive shift from 'digital gold' to 'real gold' occurring since Putin[...]
DO YOU KNOW WHAT INFLATION REALLY IS? THEN HOLD SOME GOLD AND SILVER
April 13, 2022 From the Degussa Market Report In March 2022, annual US consumer goods price inflation was 8.5%, the highestlevel since 1981. While Main Street considers it, and rightfully so, terrifying data,Wall Street actually sees it as good news of sorts: Financial markets are expectingUS CPI inflation to have peaked, and hopefully inflation rates will come down inthe coming months.[...]
Longtime Preachers of “Don’t Fight The Fed” Now Fighting The Fed
April 13, 2022 Wall Street strategist have historically preached the old adage "don't fight the Fed." In a nutshell, this advice conveys that investors should simply position their portfolios to benefit from the direction the Federal Reserve is steering the economy via its policy decisions. The wholehearted embrace of this advice was especially true over the past couple of decades whereby[...]
Take a Look at What They Buried in This Obscure Report
April 21, 2015 Cancun, Mexico Imagine having a net worth of $57 billion. That sounds like a lot. And for the few folks out there like Bill Gates, Warren Buffett, and Vladimir Putin who have racked up such a prodigious amount, it is a lot. But not if you’re the US Federal Reserve. Just like how individual people can calculate their ‘net worth’ by adding up all of their assets (cash,[...]
Richard Russell – The “Bear Market In Gold Is Over!” As Desperate Fed May Usher In QE4 And A World Of Hyperinflation
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, announced that the "bear market in gold is over!" Russell also covered everything from a desperate Fed ushering in QE4, to global hyperinflation, the California drought and coming Great Depression-style work programs. Richard Russell: "The latest[...]
“Belief That European QE Will Work Is Far-Fetched,” Bill White Warns This Will “End Very Badly”
As the title of Hinde Capital's latest note ascribes, we are on "The Road to Nowhere," and this excellent discussion with former BIS Economic Adviser (and teller-of-the-truth) William White explains it all.. "I'm not sure [European QE] is going to do anything - certainly, nothing that's good. The fundamental problem here, as I see it anyway, is that the European banking system is still broken... [...]
The Coming Wave of Creative Destruction – Martin Armstrong
QUESTION: You have said that we are in the middle of a shift in the economy similar to the Great Depression where agriculture crashed from 40% to 3% and this time it is government and technology. It seems that your warning of also moving to an electronic currency fits with your new age of skilled labor. So is this indeed part of your shift from the West to Asia? ANSWER: Yes. It was that shift[...]
Investors Still Aren’t Fully Awake to this Dollar Nightmare Yet – MarketWatch
By Shawn Langlois We are back on “patient” watch this week, with the Fed’s potential market-rattling precursor to a rate hike due midweek. Our call of the day predicts that, for now, “patient” will remain in the script and the Fed won’t be rocking the boat on interest rates (more on that below). Market behavior says: “I’m not so sure.” Volatility has been on the rise, and[...]