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(1099)

Bitcoin pumpers forced to admit it’s not digital gold  – Ep 537

Bitcoin pumpers forced to admit it’s not digital gold – Ep 537

US stock market pounded again for the 6th day in a row. Two back to back days with markets down 3%. The only time it’s ever happened three days in a row was during the great depression. Gold livin...

27 Feb 202044min

Gold will be the only safe haven left standing  – Ep 536

Gold will be the only safe haven left standing – Ep 536

* All major indexes down and looking weak. * Bubble is looking for a pin and coronavirus might be it. * Dumb money is piling into treasuries. Safe-haven money is moving to gold.  * CNBC still ob...

25 Feb 202046min

Bonds are the bubble, gold is the pin – Ep 535

Bonds are the bubble, gold is the pin – Ep 535

* Significant moves in the bond market today. * Coronavirus is inflationary. * US has never been less credit-worthy than it is right now. * US treasuries have the lowest yields in history and ar...

22 Feb 202053min

CNBC dismisses Citi’s $2k gold call and pumps Bitcoin instead – Ep 534

CNBC dismisses Citi’s $2k gold call and pumps Bitcoin instead – Ep 534

Liz Claman has a new podcast called “Everyone Talks to Liz Claman.” It’s a great show and I was on it earlier this week where I talked about growing up, some personal stories, and things you haven’t h...

21 Feb 202053min

QE won’t cure the Coronavirus or the economy  – Ep 533

QE won’t cure the Coronavirus or the economy – Ep 533

Coronavirus may be worse than anyone thought, but why aren’t the markets worried? Gold mining stocks looking positive again. Underlying weakness in the dollar being revealed in gold. Obama and Trum...

19 Feb 202047min

The political center keeps moving left  – Ep 532

The political center keeps moving left – Ep 532

Nobody seems to be talking about the downward revisions in the jobs reports, particularly for 2018. Trump’s celebrated jobs numbers have been revised down 370k jobs for that year. Obama’s weak jobs r...

13 Feb 20201h 1min

The Trump Show  – Ep. 531

The Trump Show – Ep. 531

The impeachment trial of Donald Trump ends no real surprise, he was acquitted. The whole thing came down along party lines and was all calculated political theater and posturing for the 2020 election....

6 Feb 202059min

Coronavirus excuse masks nascent bear market  – Ep. 530

Coronavirus excuse masks nascent bear market – Ep. 530

“So goes January, so goes the year.” If the old adage is true, this could mean the longest bull market in history is coming to an end. And from a political perspective, it couldn’t come at a worse tim...

1 Feb 202046min

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