US Debt Is Skyrocketing (Prepare For Inflation DANGER ZONE!)
US Debt Is Skyrocketing (Prepare For Inflation DANGER ZONE!) Source link
Missouri Senate Passes Bill That Would Take Steps Toward Treating Gold and Silver as Money
JEFFERSON CITY, Mo. (Feb 9, 2023) – Today, the Missouri Senate passed a bill that would take important steps toward treating gold and silver as money instead of commodities and would set the stage for the people to undermine the Federal Reserve’s monopoly on money. Sen. William Eigel (R) filed Senate Bill 100 (SB100) on […]
There Is More Inflation Complexity Ahead by Mohamed A. El-Erian
As US inflation gradually eases, the claim that today’s inflationary pressures are the result of a temporary supply shock has re-emerged. While this thesis may be comforting, it could also encourage dangerous complacency, making an already serious problem much harder to solve. CAMBRIDGE – Nearly two years into the current bout of inflation, the concept […]
The Fed’s Monetary Whiplash: Proffesor Steve H. Hanke
The Federal Reserve’s money-supply mistakes mean a recession is coming. Given the usual lag of six to 18 months predicted by the quantity theory of money, a recession is right around the corner. Source link
The Fed's Goose That Stopped Laying Golden Eggs
U.S. inflation, which has resulted from the Federal Reserve’s excess creation of money in 2020-21, is still with us. Now, we are just starting to see another negative consequence of the Fed’s hasty response to the Covid crisis. The Federal Reserve System is currently racking up substantial losses. Source link
A Japan Shock Could Soon Hit Global Markets
A reversal in Japanese monetary policy would likely have major implications at a time when other central banks are withdrawing liquidity. Source link
Gold, silver prices rise in early trade; yellow metal selling at Rs 52,350
Gold prices rose Rs 380 on Saturday, with 10 grams of the yellow metal (24-carat) trading at Rs 57,110. Silver prices rose Rs 200 from yesterday’s close to Rs 72,100 per kg. The price of 22-carat gold rose Rs 350 from yesterday’s close to Rs 52,350 per 10 […]
The Government Debt Threat Keeps Mounting: WSJ
If you thought the 2008 financial crisis was bad, wait until Washington has to stop borrowing. Source link
Fed Chair Powell Silent As Bond Markets See Recession, Rate Cuts
Often, it’s what isn’t said that deserves the most attention. Federal Reserve Chairman Jerome Powell’s decision to sidestep the issue of inflation and rate hikes during a central banking conference in Stockholm this week, as markets bet against his previous hawkish signals, may prove as pivotal as his late August speech in Jackson Hole when he […]
Mother of All Debt Bombs & 9 Other Megathreats Are Looming, Gold May Be Best Protection: Roubini
Nouriel Roubini, CEO of Roubini Macro Associates and Professor Emeritus at NYU Stern School of Business, discusses his latest book, ‘Megathreats,’ as well as his outlook for 2023 and beyond. He discusses how investors can hedge against looming ‘megathreats,’ using commodities like gold. Source link