Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Dave Kranzler joins Andrew Maguire to discuss the potential effects of pricing silver in gold grams, gauging the chances for the silver squeeze to unfold.
This is just one of our selection of 72 pages of charts in the February edition of the Monthly Gold Compass, available right here: http://ow.ly/ljsG50MIJCl
Feb 8, 2023 - 07:56:17 PST
"Inflating-away the currency". Investors can survive the chaos by preparing now. Only 2% of investment funds is required to send silver to $200 and gold to $5,000 per ounce.
Feb 8, 2023 - 07:55:13 PST
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot in its long-awaited and feared balance-sheet unwind, which crashed stocks back in 2018.
In State of the Union Speech, Biden Challenges Republicans on Debt and EconomyFeb 8, 2023 - 07:52:53 PST
President Joe Biden challenged Republicans to lift the U.S. debt ceiling and support tax policies that were friendlier to middle class Americans on Tuesday in a State of the Union speech that served as a blueprint for his 2024 re-election campaign.
There are two kinds of prosperity, one fake, one real. Bogus “prosperity” depends on credit-asset bubbles inflating, magically creating “wealth” not from labor, production or improving productivity, but from the values of assets soaring as bubbles inflate.
The greens can’t repeal the laws of physics, and the Davos crowd can’t repeal the law of supply and demand. Oil prices are headed higher.
How much more expensive is the U.S. healthcare system compared to other developed countries?
According to a new poll, Americans postponed medical care in 2022 amid the highest inflation in over 40 years. A record 38% of those surveyed put off treatment due to cost, up 12 percentage points since 2021 and the highest since 2014.
As mortgage rates surged, a handful of young companies known as power buyers have found themselves stuck with homes they acquired on behalf of clients.
Activity in fed funds—used by banks and government-backed lenders to exchange cash reserves parked at the Fed—surged throughout the past year when the central bank raised interest rates at the fastest pace in decades.
The European Commission’s ongoing borrowing spree is economically irresponsible and clearly inflationary. By continuing to issue common bonds to finance its expenditures, the Commission is harming European savers and undermining the creditworthiness of national governments.
US Trade Deficit 2022: Imports, Exports of Goods and Services, by Product Category and CountryFeb 8, 2023 - 07:31:59 PST
Ugliest-ever trade deficit. But US exports grew to $2 trillion, 10% was crude oil & petroleum products. Pharma & industrial machinery exports were #3 and #4.
Major Shipping Line Seeks Supply-Chain Overhaul as Chaos Roils Global TradeFeb 8, 2023 - 07:27:37 PST
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
Beijing is trying to kick-start growth, but one challenge it faces is Chinese citizens borrowed less and saved more last year and it isn’t clear how long it will take to return to freer-spending ways.
The U.S. military has notified Congress that China now has more land-based intercontinental-range missile launchers than the U.S., fueling the debate about how Washington should respond to Beijing’s nuclear buildup.
President Joe Biden starkly warned he will protect America against Chinese threats to its sovereignty and singled out President Xi Jinping – a striking escalation of a suspected spy balloon showdown during his State of the Union address.
Feb 8, 2023 - 07:21:15 PST
If you are looking for more inflation, then look no further than President Biden's wish list of ideas in his state of the union address.
The ISM and S&P reports are diffusion indexes, signaling direction not amount. For example a firm hiring 10 workers and a firm laying off 200 workers balances out.
Feb 8, 2023 - 07:18:32 PST
There has been a lot of discussion on the surge in credit card debt so let's dive in further.