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)

Trump’s “Surprise” Win One Year Later – Ep. 299

Trump’s “Surprise” Win One Year Later – Ep. 299

Conventional Media Was Surprised It's hard to believe has been a year since Donald Trump shocked everybody, at least everybody in the conventional media, Wall Street, all the pundits, professional pol...

9 Nov 201734min

Obama Employment Trends Continue Under Trump – Ep. 298

Obama Employment Trends Continue Under Trump – Ep. 298

High Expectations for Jobs Numbers This morning we got the release of the October jobs report, and it followed the hurricane-related very weak report that we got in September. This time, the reason ac...

4 Nov 201732min

The Swamp Wins on Taxes and the Fed – Ep. 297

The Swamp Wins on Taxes and the Fed – Ep. 297

No Change in the Fed Swamp The announcement of the new Fed Chair, Jerome Powell, represents a commitment to the status quo at the Fed.  President Trump has nominated the person most likely to do exact...

3 Nov 201745min

Tax Reform Trial Balloons Keep Popping – Ep. 296

Tax Reform Trial Balloons Keep Popping – Ep. 296

Trial Balloon #1: Backpedaling on State and Local Tax Deductions All this talk about tax cuts is all a fraud, because government is getting more expensive and the taxpayers are going to be stuck payin...

31 Okt 201734min

Republicans Won’t Even Consider Cutting Spending to Pay for Tax Cuts – Ep. 295

Republicans Won’t Even Consider Cutting Spending to Pay for Tax Cuts – Ep. 295

We're getting a tax cut! There is one thing now that that has the potential to cause a short-term decline of more than 3% in the stock market, and that would be: no tax cut.  If the Republicans announ...

24 Okt 201741min

30-Year Anniversary of the 1987 Stock Market Crash – Ep. 294

30-Year Anniversary of the 1987 Stock Market Crash – Ep. 294

Black Monday 1987 Today marks the 30th anniversary of the 1987 stock market crash.  It's hard to believe that it's been 30 years.  I still remember where I was when the crash happened and my reaction ...

20 Okt 201739min

U.S. Inflation Is Bullish for Gold and Bearish for the Dollar – Ep. 293

U.S. Inflation Is Bullish for Gold and Bearish for the Dollar – Ep. 293

Inflation Higher Than Expected Today we got the hotter than expected news on prices - on inflation.  We got the import/export prices.  Import prices were supposed to be up 0.5%, which in and of itself...

18 Okt 201741min

Record Confidence in U.S. Stocks Means Trouble Ahead – Ep. 292

Record Confidence in U.S. Stocks Means Trouble Ahead – Ep. 292

Optimism Rules the Day Friday the 13th was not an unlucky day for the U.S. stock market; all three of the major stock market averages closing at all time record highs. Optimism is ruling the day. In f...

14 Okt 201734min

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