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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Avsnitt(1097)

Stock Market Bulls Charge Again On “Rate Hikes Don’t Matter” – Ep. 170

Stock Market Bulls Charge Again On “Rate Hikes Don’t Matter” – Ep. 170

* It really is amazing how short memories are on Wall Street * This seems exactly like December when everybody was convinced that a rate hike wouldn't matter because the economy was improving and the...

25 Maj 201628min

Fed Cries Wolf, Traders Come Running – Ep. 169

Fed Cries Wolf, Traders Come Running – Ep. 169

* I wanted to record a short podcast today just to discuss the FOMC (Federal Open Market Committee) minutes that were released at 2:00pm this afternoon ET, which reflect the views of the Fed when they...

18 Maj 201620min

Goodbye Fed Credibility, Hello Stagflation – Ep. 168

Goodbye Fed Credibility, Hello Stagflation – Ep. 168

* Another volatile day in the stock market sees the major averages deep in the red * The Dow was down just over 1%; down 180 points, 17,529 * The NASDAQ actually got walloped a little more; down jus...

17 Maj 201629min

How Much More Bad News Can The Markets Withstand? – Ep. 167

How Much More Bad News Can The Markets Withstand? – Ep. 167

* The markets continue, really, to ignore all of the overwhelming bad news * Bad news on the economy, bad news on the corporate earnings front, retail sales - you name it, the news is bad * But the ...

13 Maj 201626min

Politics Trumps Truth – Ep. 166

Politics Trumps Truth – Ep. 166

* Today I really want to talk more about Donald Trump, in particular, the firestorm that I think I lit with respect to Trump comments with respect to defaulting on the National Debt * Now I really be...

10 Maj 201626min

Ep. 165: Markets In Denial About Jobs As Trump Lets Truth Slip About Debt

Ep. 165: Markets In Denial About Jobs As Trump Lets Truth Slip About Debt

* Today we got the government's Non-Farm Payroll report, otherwise known as the Jobs Report, for the month of April and pretty much all the mainstream Wall Street guys were looking for another strong ...

7 Maj 201631min

It’s Government Not Technology That Lowers Living Standards – Ep.164

It’s Government Not Technology That Lowers Living Standards – Ep.164

* And then there was one; Donald Trump is now the presumptive Republican Presidential nominee for 2016 * I remember when this Republican Primary started and the field was very wide * They had to spl...

5 Maj 201632min

Dollar Dives, Gold Thrives, Puerto Rico Defaults – Ep. 163

Dollar Dives, Gold Thrives, Puerto Rico Defaults – Ep. 163

* Gold finally traded about $1300 this morning; it was the first time since January of 2015 that the price of gold traded above $1300 * But by the time the U.S. Stock market opened, the price of gold...

3 Maj 201631min

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