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Copper prices plunged to a 17 month low on Friday, demonstrating the rise of recession fears.
Cause of the Boom-Bust Business Cycle The primary cause of the recurring “boom and bust” business cycle is central banks like the Federal Reserve creating money out of thin air. This was first explained by Austrian economist Ludwig von Mises over a century ago. His student F.A.
The Biden Administration blames everyone else for the highest inflation in 40 years (like Russia), everyone other than themselves, of course. Amazon’s Jeff Bezos got it right — massive …
Jul 5, 2022 - 05:50:00 PDT
Hey, I thought Mayor Pete Buttigieg, the US Transportation Secretary, was supposed to unclog the supply-chain crisis! Instead, we get heartaches on heartaches as diesel prices rise 118% under Biden…
That’s what’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected. Unlike prior “crypto winters.”
Eurozone Whacked by Runaway Inflation, “Fragmentation” Fears after Years of Negative Interest RatesJul 5, 2022 - 05:45:25 PDT
Raging inflation started mid-2021, but the ECB called it temporary. In June, it ranged from 6% to 22%!
Our property with a Walmart store has arguably declined 25% in value in the last six months. But cash-flow hasn’t changed.
Housing Bubble Getting Ready to Pop: Pending Sales Plunge in June, Inventory JumpsJul 5, 2022 - 05:40:58 PDT
Pent-up supply suddenly shows up – those vacant homes that no one was counting as vacant.
Jul 5, 2022 - 05:38:31 PDT
As The Fed raises rates in their attempt to wrangle inflation, we are seeing an about-face in the US housing market. The pandemic-related Fed monetary stimulypto begat a housing boom that is careen…
To better understand the ongoing housing cycle, let's take a closer look at how it does—and doesn't—look like a housing bubble.
Jul 5, 2022 - 05:32:50 PDT
Most of the payments will be in the form of tax rebates, which aim to offset high inflation that’s negatively impacting Americans from food to gas.
Volt Bank announced on Wednesday it was closing its deposit taking business and will return its banking license after it couldn't raise enough funds to stay afloat.
Jul 5, 2022 - 05:28:30 PDT
There appears to be a disturbingly cozy relationship between the White House and the world’s largest private asset manager.
Beijing convened an online meeting where BRICS+ climbs to prominence was announced as a new organization. A 'new G8' or even an alternative to the G7 was established in this process.
Demand for silver for brazing and soldering applications is expected to expand by 23% by 2030.This is one of several silver-related stories in the latest edition of Silver News published by the Silver Institute.
On July 1, the Federal Reserve Bank of Atlanta lowered its Q2 GDP projection to -2.1%, officially forecasting a recession.So, much for Jerome Powell's "soft landing."
TOP PRIMARY SILVER MINERS UPDATE JULY 5th: Taking A Look At The Best Buy Prices For The Mining Stocks After 6 MonthsJuly 5, 2022
With the recent sell-off in the broader markets, metals, and mining stocks, what has changed for the "BEST BUY" prices for the top silver mining companies? About six months ago, I posted my forecast for subscribers as to the best ENTRY areas for the top silver mining stocks. I wanted to do an update to see how the situation has changed...
The technical analysis last weekend highlighted that gold looks to be in a bottoming structure. Despite the sell-off this week, $1800 held, which could be another indication that gold is in the process of bottoming, with some final weak hands getting pushed out of the market.Please note: the COTs report was published 7/3/2022 for the period ending 6/28/2022. “Managed Money” and “Hedge Funds” are used interchangeably.
GOLD & SILVER MARKET UPDATE JULY 3rd: What Do The Technicals Show About The Metals Prices?July 3, 2022
With the silver and gold price selloff last week, what do the technical indicators show about the metals prices going forward? Unfortunately, many in the precious metals community continued to promote higher inflationary gold and silver prices, which have now frustrated many investors...
Weekly Market Recap: Disappointing Earnings Forecasts To Tank Stocks From Here?Jul 2, 2022 - 09:19:52 PDT
Higher inputs costs and demand destruction from inflation (and the Federal Reserve's interest rate hikes) are resulting in margin compression for companies, pinching their profits. As a result, companies are revising downwards their future earnings expectations.