No one expected the recent 25-basis point rise in rates to curb inflation in a meaningful way. There are numerous variables contributing to this situation that are simply out of the Fed’s control at this … Read more
Inflation is at a 40-year high with no indication of slowing. People are feeling the lower buying power of the USD as one in five Americans now run out of liquid funds before payday, according to … Read more
Inflation is quickly taking a toll on lower-income American consumers, while higher-income shoppers will continue to spend on premium items RBC Capital Markets analysts say they are already seeing a growing split between how lower-income … Read more
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 225.17 points or -0.80% to 28,027.25 Shanghai increased 62.66 points or 1.96% to 3,266.60 Hang Seng increased 304.40 points or 1.39% … Read more
By now, you’ve no doubt seen the headlines about a global chip shortage. GM and Toyota factories are shutting down… Mass shortages of electronics are commonplace… Everything from our food supply to medical device production … Read more
We have recently seen an increase in social media posts about the big increase in short positions by the bullion banks. What would motivate them to short a commodity during this period of inflation, much less … Read more
Once again, the word “Crisis” is being thrown around. But this is unlike anything we’ve seen before… ➔ Major automakers – from GM to Toyota are shutting their factories. ➔ Analysts are warning that Christmas, … Read more
Also, the case for buying Tesla’s stock and how to plan for retirement It is human nature to fear missing out as prices skyrocket, But all bubbles burst eventually. Ian Shepherdson of Pantheon Macroeconomics predicts a … Read more
Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Governments to Tackle Surging Prices With… More … Read more
QUESTION: Hello Martin, Hope your doing well, you spoke about keeping some money, outside of banks, do you see sterling paper money being cancelled by the bank of england, as they have already cancelled old £5/£10/£20/£50 … Read more