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)

If The Markets Were Healthy Brexit Would Be A Non- Event – Ep.177

If The Markets Were Healthy Brexit Would Be A Non- Event – Ep.177

* It was Turnaround Tuesday in the global financial markets as stocks are recovering from 2 days of carnage following the surprise Brexit vote in the U.K. * The Dow was up almost 270 points today, NA...

29 Kesä 201633min

Brexit Is Not The Reason;  It’s The Catalyst – Ep. 176

Brexit Is Not The Reason; It’s The Catalyst – Ep. 176

* The British actually voted to leave the EU and it wasn't even that close * I think by midnight last night EDT it was obvious that Leave was going to beat Remain * I think it ended up 52% voting to...

25 Kesä 201630min

Janet Yellen Doesn’t Know Murphy’s Law – Ep.175

Janet Yellen Doesn’t Know Murphy’s Law – Ep.175

* I'm on vacation this week but I did take a little time out to little time out to listen to Janet Yellen's semi-annual "Humphrey-Hawkins" testimony - she testified first before the Senate, that was y...

23 Kesä 201622min

Alien Invasion More Likely Than July Rate Hike – Ep.174

Alien Invasion More Likely Than July Rate Hike – Ep.174

* Gold closed the week at the highest weekly close since January of 2015 * Not quite above the $1300 benchmark - I think we closed about $1298 - up about $20 on the day * Intra-day yesterday, gold w...

17 Kesä 201631min

Brexit Not The Reason Fed Won’t Hike In June – Ep. 173

Brexit Not The Reason Fed Won’t Hike In June – Ep. 173

* This is the week of the June FOMC meeting, although it's really going to be a dud * For a while there was speculation that the Fed was going to pull the trigger and increase interest rates for the ...

14 Kesä 201635min

Government Schools Dumb Down The Electorate – Ep.172

Government Schools Dumb Down The Electorate – Ep.172

* Janet Yellen spoke yesterday and this was the first time she spoke following the release of the much weaker than expected Non-Farm Payroll report that we got on Friday * Not only was the month of M...

8 Kesä 201639min

May Jobs Report Takes June Rate Hike Off The Table – SchiffReport

May Jobs Report Takes June Rate Hike Off The Table – SchiffReport

* It was a few weeks ago, following the release of the FOMC meetings, in which the various governors appeared quite hawkish in their tone * They were talking about the resurgent U.S. economy, the str...

4 Kesä 201628min

Yellen Loves Economics; Too Bad She Doesn’t Understand It – Ep. 171

Yellen Loves Economics; Too Bad She Doesn’t Understand It – Ep. 171

* Well the tone and tenor of the discourse of the various market pundits and Wall Street economists seems to be that this recovery is on track * I guess there were some doubts about the recovery unti...

1 Kesä 201624min

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