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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Episoder(1097)

The Iceman Goeth, Robots Cometh – Ep. 229

The Iceman Goeth, Robots Cometh – Ep. 229

* The Dow finished with yet another gain today * We closed at 20,775.60 * I've been told that this is the longest consecutive winning streak for the Dow Jones since 1987 * Of course, we all reme...

23 Feb 201734min

Inflation Finally Rears Its Head – Ep. 228

Inflation Finally Rears Its Head – Ep. 228

* We had a very significant day in the currency and gold markets yesterday * We had some good follow through today that really buttresses the point that I want to make * We got some economic news ...

17 Feb 201729min

When Yellen Talks Why Do People Still Listen? – Ep. 227

When Yellen Talks Why Do People Still Listen? – Ep. 227

* Today Janet Yellen was up on Capitol Hill, it was the first of her 2-day testimony * She was before the U.S. Senate today; tomorrow she will be testifying before the House of Representatives * S...

15 Feb 201732min

Trade Deficits Make America Poorer Not Richer –  Ep.226

Trade Deficits Make America Poorer Not Richer – Ep.226

* I will be in Orlando tomorrow for the Money Show * I will be there Wednesday and Thursday returning Friday * I have several speaking events, a couple of workshops * If you're in the Orlando a...

8 Feb 201732min

Rising Unemployment Is Just The Excuse The Fed’s Been Waiting For

Rising Unemployment Is Just The Excuse The Fed’s Been Waiting For

* Yesterday we got the first jobs report of the year and the way Wall Street and the media seem to be spinning it: * "It was a good report!" * It was good news because the headline number beat exp...

4 Feb 201734min

U. S. Dollar Has Worst January In 30 Years! – Ep. 225

U. S. Dollar Has Worst January In 30 Years! – Ep. 225

* The month of January came to an end, and it didn't play out the way most people believed it would * Remember when the year began, everybody was optimistic on the U.S. dollar * Remember I said th...

2 Feb 201728min

America Will Lose Any Trade War – Ep. 224

America Will Lose Any Trade War – Ep. 224

* Earlier this morning we got the first look at Q4 GDP * As I suggested on the last podcast, in fact as I have been saying all along * We did see a sharp decline from the Q3 3.5% GDP * The conse...

28 Jan 201735min

Will Trump Change the Game Or The Players? – Ep. 222

Will Trump Change the Game Or The Players? – Ep. 222

* Short and not-so-sweet.  Maybe that's how you would describe President Trump's inaugural speech * Which, I think was the briefest since Jimmy Carter * But now, Donald J. Trump is the 45th Presid...

21 Jan 201730min

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