If housing prices don’t budge, neither will core services inflation. Barring some collapse in food and energy prices, that means overall inflation can’t fall much more from here. This is as good as it gets.
The labor market's brief drop in unemployment was a head fake, with rates now rising above the Sahm Rule's threshold, indicating an imminent recession.
Here’s the kicker – gold holds its value and even appreciates over time. Unlike the $480,000 in cash Menendez received, the gold is worth a lot more today than it was then.
All along the way, I’ve said, “No cut! No pivot!” Now, at last, we MAY be getting closer to when the Fed will cut. I haven’t quite decided if this is the turning point or not.
Now, demand for silver is climbing. And there is a supply shortage. But with narrow margins, times are tough for silver mining companies, even with silver at $30.
