The Fed went from pumping the economy full of air by printing money, to sucking the air out of the economy’s lungs with a vacuum cleaner by raising rates.
What kind of world do we live in when new jobs are considered horrible? Welcome to Fed World, where the biggest bubbles in history are collapsing simultaneously.
Metals are back in the range where they have languished for more than three years. Conventional assets look overvalued, while gold and silver look relatively cheap.
Hopefully stripping Ukraine war funding from the spending bill is the first of many victories over the military-industrial complex and its politicians, lobbyists, and propagandists.
We are looking for another outstanding person to join our global team to help us analyze, report, and consistently publish about our portfolio of resource companies.
What do you do when raising interest to fight inflation makes inflation rise much faster, but not raising rates allows inflation to keep rising? We are seeing that now in housing.
The gold price will eventually reflect the latest effects of inflation in a higher inflation-adjusted price. We just don’t know when. Nor does anyone else.
Could this mean that a long-anticipated war in the Middle East is about to break about? Regardless, if the price of oil is in fact bound for $117, something world-shaking is about to occur.
