Gold has all the potential to go unprecedentedly high. But silver will be gold on
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There are no rules that one can use to steer the economy like a truck. We need a free market in rates, not a pack of group-think charlatans using fatally flawed economic models.
Prices at the pump directly correlate with presidential approval ratings, the chief executive of FedEx told Fox News this week, citing a conversation he had with President Obama.
Former US Marine intelligence officer and former Chief UN Weapons Inspector for Iraq Scott Ritter joins today's program to discuss the Russia/Ukraine war and the massive US push to control and shape the narrative through mainstream and social media.
Creating “money” out of thin air and spreading it around to satisfy every constituency doesn’t increase productivity. It destroys productivity by incentivizing waste – the waste is growth Landfill Economy – and speculative bets on bubbles never popping.
Schork explained when you "look at the data going back beginning with the Arab oil embargo in the mid-70s" a significant rise in energy and food costs have led into every recession and "this is where we are now."
Apr 21, 2022 - 09:04:58 PDT
Amazingly, Biden believes Build back better is not inflationary. Fortunately, Senator Joe Manchin saw through the smoke screen and blocked the deal.
U.S. banks were some of the first Western banks to pull the plug on Russia, and now they’re facing as much as $14.7 billion in write-offs...
Biden Says U.S. Will Send $1.3 Billion in Additional Military and Economic Support to UkraineApr 21, 2022 - 08:31:29 PDT
Biden said he discussed the new security package in-person with Ukrainian Prime Minister Denys Shmyhal at the White House.
Visualizing the $13.6 Billion in U.S. Spending on Ukraine: And this is From March 18, 2022: NYTApr 21, 2022 - 08:20:16 PDT
It includes one of the largest infusions of U.S. foreign aid in the last decade.
Biden Unveils Another $800 Million on top of $2.6 Billion Military Aid Package For UkraineApr 21, 2022 - 08:08:55 PDT
This latest package will drain the money approved by Congress, and Biden said he will likely need to return to the Hill next week to ask for more money.
Over the last 48 hours, China and Russia have taken big steps toward separating themselves from the monetary policy and economies of the west – and nobody has even noticed.
Right now homes are about double the cost of what they should be compared to the rest of the economy…and this will correct.” Join Mike Maloney in Episode #2 of his ‘Bubble Updates’ as he examines the latest data for the Real Estate Bubble.
Earlier this week, the yield on the 30-year Treasury rose above 3% for the first time since April 2019 as the carnage in the bond market continues.Rising yields have put pressure on gold. The yellow metal flirted with $2,000 an ounce but has since fallen below the $1,950 resistance. Once again, investors are fixated on rising interest rates, but missing the bigger picture — real rates remain deeply negative.
Sanctions on Russia could also herald a more far-reaching shift that’s bolstering bullion. Influential analysts like Credit Suisse Group AG’s Zoltan Pozsar predict that the seizure of about half the Russian central bank’s foreign exchange reserves will result in a new monetary paradigm where gold plays a greater role.
‘The Fed Always Screws Up.’ This Forecaster Sees Inflation Peaking and U.S. Stocks in a Bear MarketApr 21, 2022 - 06:14:50 PDT
Hedgeye's Keith McCullough adds gold, silver and utilities to survive the coming market downturn.
‘The Fed Always Screws Up.’ Forecaster Sees Inflation Peaking & U.S. Stocks in a Bear Market: MWApr 21, 2022 - 06:14:50 PDT
Market Watch: Hedgeye's Keith McCullough adds gold, silver and utilities to survive the coming market downturn.
Elon Musk Says He Thinks Inflation Is Worse Than Reported and Likely To Continue Through 2022Apr 21, 2022 - 06:08:40 PDT
The CEO said, "I think the official numbers actually understate the true magnitude of inflation. And inflation appears to be likely to continue for at least the remainder of this year." In some cases, Musk said, Tesla suppliers are requesting 20% to 30% cost increases for parts from 2021 to 2022.
German annual producer price inflation topped 30% in March, the country's Federal Statistics Office said on Wednesday. That's its highest level since the agency began collecting data 73 years ago. The biggest culprit? Energy prices, which rose nearly 84% from the same month last year.
From Soaring Food Prices to Social Unrest, the Fallout From the Russia-Ukraine War Could Be ImmenseApr 21, 2022 - 05:57:25 PDT
As the war between Russia and Ukraine approaches its third month, the fallout is becoming clearer and the outlook does not look good.
Apr 21, 2022 - 05:52:49 PDT
The Pentagon said Tuesday that Ukraine has received fighter jets and aircraft parts but declined to say which country they came from. Pentagon spokesman John Kirby said Ukrainian forces “right now have available to them more fixed-wing fighter aircraft than they did two weeks ago.”