Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Monetary inflation is just a type of embezzlement. Historically, inflation originated when a country’s ruler such as king would force his citizens to give him all their gold coins under the pretext that a new gold coin was going to replace the old one.
It’s the top question on the minds of everyone involved in the markets these days: How long is “transitory” when it comes to the Federal Reserve’s view on hotter-than-normal inflation? Jim Smigiel, chief investment officer at SEI Investments, joined the latest “What Goes Up” podcast to discuss why his firm is “happy to take the side of an overshoot” when it comes to rising prices.
Jul 2, 2021 - 12:02:26 PDT
He predicted property prices would continue to climb given a shortage of supply, but said the inflation risk “needs to be taken very, very seriously.
The quiet holiday week ahead could hold some fireworks for investors if the Fed reveals its thinking on its bond buying program.
Party's Over: Bank of America Sees Stagflationary Mess Slamming Markets In Second HalfJul 2, 2021 - 11:06:03 PDT
In short, a stagflationary mess is about to unfold.
“The Fed will be forced into a state of more or less permanent ease, almost regardless of the reported inflation rate”…
Jul 2, 2021 - 10:30:07 PDT
After a deal was struck on Thursday 1st July with the Organization for Economic Cooperation and Development about a global taxation agreement ECB’s President Lagarde further commented on this deal stating that the agreement that was just reached at the OCED with 130 states, they aren’t all on board but there is momentum that has...
"U.S. bankruptcies in the first quarter of 2021 and all of 2020 were above the 13-year average"
2021 Q1 Earnings Results: Still Massively Overvalued and Who Cares?: DecisionPointJul 2, 2021 - 10:17:36 PDT
The normal P/E range for the S&P 500 is 10 (undervalued) to 20 (overvalued), but the P/E spike in 2009 nearly pushed that range into oblivion. The current P/E of 45.89 is the third highest in history, but it is the highest ever reached during a market advance. (The P/E peaks in 2002 and 2009 were reached after major market crashes.)
Jul 2, 2021 - 09:35:32 PDT
“Payrolls posted another strong gain in June as the labor market recovery continues. However, there’s a long way to go and other fallout from the lockdowns, including shortages and rising price pressures are tempering the favorable outlook.” – Robert Hughes
Continuous interventions to halt the "Darwinian" function of "capitalism" leads to "corporatism." They are not equal. We discuss the differences.
S&P 500 Monthly Valuation & Analysis Review – 06-30-21. A deep dive into the fundamentals which drive long-term returns from J. Brett Freeze.
By signing legislation last night, Governor Mike DeWine has officially ended Ohio’s sales taxation of gold, silver, platinum, and palladium bullion and coins.
Following a higher level of monthly net purchases in March and April, our latest data published today shows that this trend continued into May.
I haven't heard; are we allowed to celebrate the Fourth of July or nah?You may recall that after Joe Biden was elected, he said if we were good little citizens and wore our masks, we might be able to celebrate with our friends and families on the Fourth of July. But I never have heard if the president gave us our permission slip or not.By the way — this doesn't seem to keep with the spirit of the holiday as I remember it.
The introduction of both Basel 3 banking regulations and central bank plans for digital currencies will affect commercial banks' priorities and their role in the overall financial system.
Jul 2, 2021 - 07:41:16 PDT
Republicans have seized on a burst of inflation to hammer President Joe Biden’s economic agenda, but the most important policymaker on the president’s side is one of the GOP’s own.
The European Central Bank plans to come down on banks that are taking too much risk via financial instruments such as leveraged loans and equity-related derivatives, the ECB's top supervisor Andrea Enria said on Friday.
South Korea Inflation Hovers Near 9-Year Peak, Stoking Rate-Hike ExpectationsJul 2, 2021 - 07:03:19 PDT
Consumer inflation in South Korea stayed above 2% in June for the third consecutive month, hovering near a nine-year peak, adding pressure on policymakers to raise interest rates sooner rather than later.
Will the Federal Reserve tighten monetary policy to fight inflation? Or will it keep its loose monetary policy in place to support the fake recovery? The central bank has a profound influence on the economy, for better or for worse. But should the Federal Reserve even exist? In this episode of the Friday Gold Wrap, host Mike Maharrey argues that it shouldn't - not if you follow the original meaning of the Constitution. He makes his case with an interesting history lesson on the creation of the First Bank of the United States.