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THE MOST EXTREME & BIZARRE SILVER MARKET SETUP UP EVER" You Have To See What's Going On Behind The ScenesSeptember 8, 2022
You have to see what's going on behind the scene in the Silver Market. It is, by far, the most Extreme & Bizarre Silver Market Setup I have ever seen. In this update, I show why something Big is about to happen in the silver market due to the Extreme forces taking place on both sides...
John Butler, author of The Golden Revolution: How to Prepare for the Coming Global Gold Standard and head of treasury at TallyMoney thinks that not enough people are factoring in a possible return to the gold standard.
The risk facing gold is marginal compared to the risk facing US equities, and it is hard to see a scenario where gold doesn’t win.
Despite uber-hawkish signaling from Fed vice-chair Brainard, US equity markets are bouncing today (after 7 straight down days for the Nasdaq), once again prompting the same-old-same-old remarks that "is this the low?" or "is The Fed ready to Pivot?" or some mixed version of the two (despite oil prices plunging like there's a global recession imminent)...
Both the stock market and the bond market have been tumbling lately, and El-Erian notes that when these market corrections happen simultaneously, investors should move to “risk-off” assets.
Famed Investor Mark Mobius Says in Dire Warning, ‘It’s Going To Get Worse From Here’ for StocksSep 7, 2022 - 12:32:34 PDT
“I still think it’s going to get worse,” Mobius said. “No, we have not hit bottom yet,” Burry wrote.
Throwing the Fed's Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the EconomySep 7, 2022 - 12:25:09 PDT
According to Federal Reserve minutes from last month, Fed officials expressed a willingness to push ahead with a tight interest rate stance to eradicate the inflationary menace.
At an event in 2019, my friend and economist Dr. Bob Murphy said something very interesting about the political schism in this country. He said: If you think America is divided now, what would things look like if the economy was terrible, if we had another crash like 2008?
Does Reducing Unemployment through Government Spending Boost the Economy?Sep 7, 2022 - 12:22:51 PDT
Some experts hold that the key to economic growth is to strengthen the labor market, which is based on the view that because of the reduction in the number of unemployed workers, more individuals can afford to increase spending. As a result, economic growth follows suit.
"In 2023, the Fed will likely report tens of billions of dollars in operating losses as it raises interest rates to combat raging inflation. Will Fed losses increase the budget deficit as logic dictates they should, or will they be treated as an off-budget expenditure?" ~ Paul H. Kupiec & Alex...
Japan, China On Edge After Record Dollar Surge Sparks "Explosive" Yen Plunge; China's Yuan Not Far BehindSep 7, 2022 - 12:05:03 PDT
Back in late March, when USDJPY was at 121, we warned that the "Yen Was At Risk Of "Explosive" Downward Spiral With Kuroda Trapped... And Why China May Soon Devalue", and since then the yen has... well, see for yourselves:
New Fed Banking Chief Targeting Crypto and Climate Change As Top PrioritiesSep 7, 2022 - 12:00:42 PDT
The Federal Reserve's new banking regulator outlined a broad agenda in a speech Wednesday that pushed for action on stablecoins, climate change preparations and both the safety and fairness of the finance industry.
Fed’s Brainard Sees Further Rate Hikes, Restrictive Policy for ‘Some Time’ To Fight InflationSep 7, 2022 - 11:46:25 PDT
Federal Reserve Vice Chair Lael Brainard says while a small drop in inflation is welcome, the Fed will still need to raise interest rates further and the central bank will fight inflation for as long as it takes.
Sep 7, 2022 - 10:56:53 PDT
It's a low news day so consider a few Tweets on a wide variety of subjects including a $1.5 trillion energy margin call, Bitcoin, and toilet paper.
Michael Burry may have built his reputation by taking the taking the other side of Goldman's mortgage CDOs that infamously blew up when the 2007 housing bubble burst and sparked the Global Financial Crisis, but for once "the Big Short" and Goldman are on the same side of the trade.
Another form of tech tyranny was recently on display in Colorado, as 22,000 households lost control of their "smart" thermostats to their power company. The ability to change the temperature in your own house was taken away! Corporatism, driven by an authoritarian "green" ideology, continues to do damage to our liberties.
To me, on the other hand, saying we’re entering an economic collapse is not a prediction at all. It’s an observation. It’s what is happening all around us, and the hard part is figuring out why they can’t see it.
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly.
The disruption of global supply chains is seen to be a temporary problem yet to be resolved, but there are good reasons to believe it is now permanent. Following the end of the cold war against China and the foundation of a new peaceful era, American and other manufacturers began to expand their production facilities into China and South-East Asia. It was the beginning of what...
The Atlanta Fed's GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 1.4 percent on September 7, down from 2.6 percent on September 1.