Gold has all the potential to go unprecedentedly high. But silver will be gold on
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This time, the upward pressure on yields is coming from the sharpest inflation spike in three decades. Over time the 10-year yield has clearly correlated with inflation, and bond arithmetic dictates that it should. The higher inflation is, the higher the yield you should demand to protect you. But the declining trend in 10-year yields continues unabated. Not even this inflation spike can dislodge the most reliable and most important trend in modern finance:
Fed Should Hike Interest Rates Immediately to Cut Stagflation Risks, Economist Stephen RoachNov 16, 2021 - 04:59:16 PST
Roach worries the Fed is too cowardly to stand up to inflation, and he believes there’s nothing lawmakers can do to materially ease its effects. So, the onus is on the central bank.
“We still have four to five million Americans who are out of work who otherwise would be working,” Kashkari said. “So, just to say, well, we just need to focus on inflation -- and ignore the labor market -- that’s only half of our mandate. And so we need to pay attention to both sides of this.”
Reuters pointed out that industrial firms rang up nearly $1.5 billion worth of robots (29,000 to be exact) — a whopping 37% more than the comparable period in 2020. Separately, Google Cloud research in June showed that two-thirds of manufacturers using artificial intelligence (AI) are relying more heavily on it.
This is a down payment. I mean, honestly, we have a $2.6 trillion gap. Here, we're talking about $550 billion of new money over the next five years. There's going to be-- we need to have more. It's going to require additional investment from the state and local governments, of course, and the private sector.
U.S. IMPORTS EVEN MORE SILVER THIS YEAR: Pulling Supply From Turkey, Russia, Uzbekistan & KazakhstanNovember 16, 2021
With American silver investment demand continuing to be very strong this year, the U.S. is importing even more silver. The U.S. market is now acquiring metal from Turkey, Russia, Uzbekistan, and Kazakhstan to access more silver. While the U.S. receives most of its silver from Mexico and Canada, it imported nearly...
2 of Jeff Clarks top Silver mining pick. Both Reyna Silver and Silver Hammer are in Jeff’s opinion two very interesting speculation plays in the Silver mining sector. Note: Jeff discusses some mining stocks in this video, and they are not intended as investment advice.
Climb in the haven asset accompanies other signs that investors are starting to seek more protection from rising consumer prices and interest rates
David Morgan, "The SilverGuru" of the Morganreport.com says the economic system is jeopardy amid a confluence of concerning economic themes. Our guest suggests that 99% of the public is blissfully unaware of the risks associated with fiat currencies. Investors are urged to prepare for continued depreciation of major ...
It’s no secret that pandemic-related government policy is driving at least some of the inflation currently being experienced in the United States. Indeed, real disposable income per capita has deviated from a linear trend in a meaningful way since 2020.
The great inflationary tidal wave continues to worsen. If anything, all signs indicate an absolute bloodbath is coming to the markets.
The Biden administration has announced that Medicare Part B premiums will increase 14.5% in 2022.
One of the most polarizing topics today is wealth inequality. I think a better description is to refer to it as wealth concentration. Nobody should expect wealth to be equal in a society, but when wealth becomes extremely concentrated (way more unequal than usual), it’s often a sign that something isn’t working well and...
Ignoring the surging rates of inflation to support asset prices may result in a “policy mistake” that leads to the one outcome the Fed is trying to avoid – a stock market crash.
They won’t because doing so would harm the financial markets, and that trumps everything at the Fed.
What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed’s manipulation of the money supply — are complete failures, having produced the opposite of the promised results.
What is the worst thing a government can do when there is high inflation and supply shortages? Multiply spending on energy and material-intensive areas. This is exactly what the US infrastructure plan is doing and—even worse—what other developed nations have decided to copy.
Bank of England Governor Andrew Bailey said he was very uneasy about the inflation outlook and that his vote to keep interest rates on hold earlier this month, which shocked financial markets, had been a very close call.
Investors still buy the story that inflation will go away on its own, but the risks are rising that it won’t.
Nov 15, 2021 - 10:53:56 PST
Meet Saule Omarova, President's Biden's Marxist nominee for Comptroller of the Currency.