Inflation will destroy the dollar and the economy  – Ep 606

Inflation will destroy the dollar and the economy – Ep 606

Fed changes the rules for inflation target calculations.
Markets react to Powell's announcement.
Prices go up when people aren’t working.
Majority of middle class will be impoverished Into lower class.
Gold’s resistance has become support.
What Trump Steaks may teach us about the Trump Economy.

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Jaksot(1097)

It’s Not Bad News Until The Fed Says It’s Bad –  Ep. 191

It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191

*  On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever * Because it was going to determine whether the Federal Reserve would raise interest rates...

3 Syys 201631min

It’s Not Bad News Until The Fed Says It’s Bad –  Ep. 191

It’s Not Bad News Until The Fed Says It’s Bad – Ep. 191

*  On Friday we got the Non-Farm Payroll report and, of course, this jobs report is the most important ever * Because it was going to determine whether the Federal Reserve would raise interest rates...

3 Syys 201631min

The Fed Up Fix Is In – Ep. 190

The Fed Up Fix Is In – Ep. 190

* The price of gold continues to retreat * Gold was down about $12 today; it closed around $1310 * The dollar index up again as more and more people begin to contemplate the possibility of a rate ...

31 Elo 201644min

Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189

Yellen Basically Admits The U.S. Is A Banana Republic – Ep.189

* Earlier today Janet Yellen delivered her much-anticipated and way over-hyped speech at the annual Jackson Hole Symposium * It wasn't as irrelevant as I thought it was going to be, but the actual r...

27 Elo 201634min

When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188

When Janet Yellen Talks, Why Do People Still Listen? – Ep. 188

* The price of gold fell about $12/oz today; silver prices were down another .28 * Both metals have been falling since recent new yearly highs * Gold, though is not very much below the highs * T...

25 Elo 201629min

Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187

Fed Advocates Higher Inflation And Larger Deficits! – Ep. 187

* The dollar was broadly weaker today with the dollar index closing down .85 to 94.78 * At that time gold was up about $18; sliver up about .25 * Then all of a sudden New York Fed Chairman William...

17 Elo 201634min

Kill The Estate Tax To Save Jobs – Ep. 186

Kill The Estate Tax To Save Jobs – Ep. 186

* Today we got the official numbers for Q2 Non-Farm Productivity and the consensus was that it would increase for the first time in 3 quarters; the prior 2 quarters we saw a decline in productivity ...

10 Elo 201628min

“Strong” Jobs Report More Politics Than Economics – Ep. 185

“Strong” Jobs Report More Politics Than Economics – Ep. 185

* What a difference a week makes, or maybe and economic report * The two big reports that everybody seems to focus on are the GDP numbers and the jobs numbers * It seems that the weaker the econom...

6 Elo 201637min

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