Yesterday the Fed released the minutes from the FOMC’s July meeting. There were few surprises, but two things really stood out; members are anxious about inflation and they’re anxious about a recession. Yesterday the Fed … Read more
U.S. equities futures were moderately lower on Wednesday morning after the market staged a big midday reversal on Tuesday, with falling bond yields giving a boost to growth stocks, and ahead of a batch of … Read more
“Don’t underestimate the power of a narrative” says our guest on GoldCore TV this week. Jim Rickards joins Dave Russell to talk about perception, the Putin Price Hike, and why he believes Ukraine cannot win … Read more
While everyone is focused on inflation, it is becoming increasingly clear that we’re on the cusp of deflation in everything but necessities such as food and energy. It is also convenient for the Fed that … Read more
Key Points: Core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected. Headline inflation remained strong, rising 0.6% on the month and holding near the highest … Read more
The Fed is now telling us that it can avoid a recession… or engineer a “soft landing.” It’s a pretty stunning argument… and it raises questions as to whether the Fed actually believes this stuff… … Read more
Stock futures rose in early morning trading on Wednesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation. Futures on the Dow Jones Industrial Average were up 210 points, or 0.7%. … Read more
Back in July 2020, I appeared on a podcast with Tom at Palisades Radio, where I forecast the peak in Gold and Silver in August. The Fed had already cut QE by 88% and fiscal … Read more
The mother of all collapses is coming. The Fed claims it can tackle inflation without triggering a crisis. Good luck with that! The Fed triggered a crisis with the Tech Bubble (a bubble in a … Read more
Fed 50 vs. Fedoggy#4292 The Fed went 50bp. I will come back to this in a moment, but I need to set the scene properly. Back in 2020, I was expounding that “-isms” were soon going … Read more