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(1096)

Gold Hits $1,200 as Financials Get Hit – Ep. 139

Gold Hits $1,200 as Financials Get Hit – Ep. 139

* As I mentioned in my video blog I recorded on Friday,  the jobs data that came out on Friday was just not weak enough for the market * So the markets' carnage continues, because everybody still bel...

9 Feb 201625min

Weak Jobs Report Not Weak Enough For Stocks – Schiff Report

Weak Jobs Report Not Weak Enough For Stocks – Schiff Report

* It really was a brutal week on Wall Street, led by the tech-heavy NASDAQ, which is down about 5-1/2% on the week; 3% of that alone came today, now down about 17% from its high * Not officially in a...

6 Feb 201627min

Recovery Fantasy Persists Despite Recession Evidence – Ep. 138

Recovery Fantasy Persists Despite Recession Evidence – Ep. 138

* So far the month of February is just 4 trading days old, and already the U.S. dollar index is down just over 3 percent * We closed January at 99.6 and we closed at 96.5 * Gold, going the other way...

5 Feb 201625min

Dow Tumbles on Cruz Iowa Caucus Win – Ep. 137

Dow Tumbles on Cruz Iowa Caucus Win – Ep. 137

* It was another tough day in the stock market today; the Dow Jones finished down 295 points, NASDAQ fared even worse, down 103 points, that's about 2.25% * These 100-point moves are coming quite oft...

3 Feb 201632min

BOJ Goes Negative, 2 Down 1 To Go ! – Ep. 136

BOJ Goes Negative, 2 Down 1 To Go ! – Ep. 136

* First it was the ECB, and then it was the Bank of Japan, cutting interest rates overnight to -.1% * That is the first time in this 20-year experiment of cheap money - I think they've been at zero, ...

30 Jan 201629min

The Short Lady Has Not Sung Ep.135

The Short Lady Has Not Sung Ep.135

* As I said in my last podcast, when the the Federal Reserve issued its press release yesterday at 2:00pm, Janet Yellen did not give the markets they were hoping for; in a way, it was almost as if she...

29 Jan 201627min

This Time It’s Different Ep. 134

This Time It’s Different Ep. 134

* The Mario Draghi "No-Limits"-inspired rally from Thursday and Friday of last week ended on Monday with the Dow Jones down just over 200 points; the NASDAQ was down about 75 points, so an even bigger...

27 Jan 201629min

The ECB Rescues The Markets – Ep. 133

The ECB Rescues The Markets – Ep. 133

* The U.S. stock market ended the week with a 2-day rally, in fact the Dow Jones closed better than 200 points today, to about 1690 *  NASDAQ, even stronger, up 119, closing at almost back up to 4600...

23 Jan 201623min

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