The inflation rate will reach 6% to 9% by year-end, said Steve Hanke, professor of Applied Economics at Johns Hopkins University. Speaking with David Lin, anchor for Kitco News, Hanke said that in a low growth environment, this represents the "worst of all possible worlds."0:00 - Phillips Curve4:00 - 6-9% inflation by year-end4:50 - What is causing inflation?6:42 - Labor market and wages9:08 - Eff...Read More
Government data says inflation worse than the 80s; real data says inflation already worse than the 70s.Hypocritical Republicans criticize Biden for the same policies they pushed for under Trump.Jerome Powell claims economy is great, but it needs the same amount of stimulus as when it was crashing.Fed claims to have the tools to fight inflation if it gets too high, but not using them now proves the...Read More
ADDITIONAL WAYS TO CONNECT WITH US: Connect with us on Telegram: https://t.me/dougcaseyEmail list: https://smith.substack.com/p/doug-cas...Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about...Read More
Twitter issued a 7-day suspension to an Infowars editor following a story he posted regarding a medical worker who died after receiving a Covid vaccine.Continue...Read More
For the first time ever, Junk-Bond Rally Pulls Yields Below Inflation https://www.wsj.com/articles/junk-bon...Within only 2-3 months after corporate bond and credit markets froze up completely in February and March 2020, Wall St bond salespeople restarted selling (and increasing) massive amounts of junk bonds, leveraged loans and other toxic sausage OTC derivatives. Now too many hedge funds and fa...Read More
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.Read More
People in France who enter a bar or restaurant without a COVID pass face 6 months in jail, while business owners who fail to check their status face a 1 year prison sentence and a ?,?45,000 fine.Continue...Read More
The CPI surged 5.4% in June, but Powell still sees inflation as transitory. For now, gold has risen under the dovish Fed’s wing amid higher inflation.Did you think that 5% was high inflation? Or that inflation has already peaked? Wrong! Inflation rose even further in June, although it was already elevated in May. Indeed, the consumer price index surged 0.9% in the last month, following a 0.6...Read More
The CPI surged 5.4% in June, but Powell still sees inflation as transitory. For now, gold has risen under the dovish Fed’s wing amid higher inflation.Did you think that 5% was high inflation? Or that inflation has already peaked? Wrong! Inflation rose even further in June, although it was already elevated in May. Indeed, the consumer price index surged 0.9% in the last month, following a 0.6...Read More
Why did furious revolutionary tantrums seize France in 1789? And do they afford us a frightful glimpse of the American future?Today we glance backward... in the hope it may help us look forward.From yesterday's reckoning (and our co-founder Bill Bonner):By the 18th century, France had become the greatest power in Europe, the richest and most populous country in the western world, and the clear lea...Read More
The CPI surged 5.4% in June, but Powell still sees inflation as transitory. For now, gold has risen under the dovish Fed’s wing amid higher inflation.Did you think that 5% was high inflation? Or that inflation has already peaked? Wrong! Inflation rose even further in June, although it was already elevated in May. Indeed, the consumer price index surged 0.9% in the last month, following a 0.6...Read More
(Adds detail, writes through)MELBOURNE, July 16 (Reuters) - Rio Tintoreported a 12% fall in quarterly iron ore shipments on Fridayafter storms affected its West Australian operations, but isexpected to report bumper results this month on soaring pricesfor the steel raw material.Rio said it now expects to ship near the lower end of itsrange of 325 million tonnes (mt) and 340 mt in calendar 2021,mea...Read More
In today's episode, we discuss Doug's latest essay published on InternationalMan.comDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/...Read More
?>>?http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money flows. He is recognized by peers as an...Read More
Poverty, and the chaos it causes, are spreading worldwide, from Afghanistan and Myanmar to South Africa and Cuba. The specifics vary from country to country, but the root cause is the enforcement of neoliberal economic policies, which serve the interests of the U.S.-UK-NATO Military Industrial Complex. This was forecast by Lyndon LaRouche following Nixon's break with the Bretton Woods system on Au...Read More
Much of the text on the handwritten sheet is crossed out, leaving phrases like "phantom parasite" and "control my own future, which Continue...Read More
Larry Fink, CEO of BlackRock, the world's biggest investment company, just went on CNBC to commiserate with today's savers.Continue...Read More
US used vehicle market seeing insane prices...Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealer...Read More
The virus is real. It is a danger to people with poor immune systems and to those with co-morbidities. People of Continue...Read More
Tom welcomes back Alasdair Macleod, Head of Research For GoldMoney. Alasdair discusses the Fed's levels of reverse repos and quantitative easing of 120 billion a month. Since the banks can't absorb all the extra liquidity-seeking returns, the Fed must step into the market. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.caBasel III's net stable fund...Read More