Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Supplies of goods are coming up short in the pandemic, and prices have jumped. Some economists warn that the changes could linger.
The peak for inflation may not be in even as the Fed tightens financial conditions. That’s a troubling prospect for markets.
Rates have jumped because of a surge in natural gas prices and could keep rising rapidly for years as utilities invest in electric grids.
Bonds have long been advertised as offering strong returns and hedging against the expected swings in stocks. That hedge has evaporated this year.
Global government bond yields hit new heights as investors prepared for further rate hikes from central banks to temper scorching inflation.Most Read from BloombergCiti Trader Made Error Behind Flash Crash in Europe StocksBiggest Treasury Buyer Outside U.S. Quietly Selling Billions...
After another eyesore of a quarter fueled by inflation, Clorox will ask consumers to pay even more for the privilege of using its iconic bleach and other products such as Glad trash bags and Hidden Valley Ranch salad dressing.
The World Bank has warned of the biggest shock to commodity prices globally since the 1970s, Food and energy prices are expected to soar, according to the World Bank
‘Bubble’ Hitting 50% of Market, Top Investor Warns As Fed Gets Ready To MeetMay 3, 2022 - 05:28:29 PDT
Despite Monday's market comeback, Dan Suzuki, Richard Bernstein Advisors' deputy CIO, delivers growth stocks are in the early innings of a dramatic decline.
Paul Tudor Jones Says He Can’t Think of a Worse Financial Environment for Stocks or Bonds Right NowMay 3, 2022 - 05:26:39 PDT
Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become increasingly tight.
This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail.As reported last week, Comex May's open interest activity was looking weak in silver while gold showed a mixed picture. May has been weak so far, but June continues to look strong.
Despite a number of big sales, global central bank gold demand remained brisk as net holdings increased by 83.8 tons in the first quarter of 2022.That more than doubled the 41.2-ton expansion of central bank gold reserves in the last quarter of 2021 but was 29% lower than the first quarter of last year.
Despite all the talk about a "strong economy," nobody was expecting a blistering hot GDP for the first quarter. The consensus was for around a 1% gain. As it turned out, it was even worse than expected. GDP shrank in Q1, contracting by 1.4%.Despite the awful number, the mainstream spun it as a positive. Peter Schiff called it an outrageous positive spin on negative GDP and a great example of Orwellian doublespeak.
Rickards says the minimum gold price is $15,000 per ounce in the not-so-distant future. Rickards says depending on the backing and math, it could go up in value much higher. Rickards likes silver, too, and food for the common guy. Food prices are going to go much higher according to Rickards, and in some places in the world, he expects out right starvation.
IF this is the beginning of a VIOLENT move upwards, commodities are about to get very expensive... Watch Gold closely.
Never in the history of the world has the financial well-being of so many been tied to the economic competence of so few. Yet what emerged from the latest Federal Open Market Committee (FOMC) meeting (March 15–16) indicates a complete lack of the macroeconomic fundamentals.
A monetary system that allows the creation of money out of thin air is vulnerable to the fits of credit expansion and credit contraction. Periods of credit expansion typically occur over many years and even decades while the phases of credit contraction happen like sudden implosions.
"The Fed seems resolved to see inflation climb further. I expect FOMC members will revise up their projections of inflation again in June. They should revise their course of action, to bring inflation down as planned, instead." ~ William J. Luther
New CBO report shows that the longer Congress waits to deal with the debt, the bigger the problem becomes.
May 2, 2022 - 12:19:43 PDT
We now have the proverbial double whammy happening … soaring home prices AND soaring mortgage rates. The theory is, of course, that The Federal Reserve will slowly remove its staggering monetary stimulus leftover from 1) the financial crisis of 2008 and 2) the Covid recession of 2020. As you can see, the sheer volume of monetary stimulus remains outstanding...
May 2, 2022 - 12:15:45 PDT
President Biden (or whoever is pulling his strings) is inflicting a “Medusa Touch” on the US. That is, everything his administration touches turns to stone. Yesterday, I walked through …