Commentaries

The Fed Pawns A Trillion Dollars Of The National Debt To Raise Cash

The Federal Reserve effectively pawning about a trillion dollars of its ownership of the national debt in order to raise a trillion dollars in new money from new sources within about three months is a major new crack..

Dollar’s Fans Needn’t Fear Biden SDRs

By Rick Ackerman, Rick's Picks

The latest attempt to move the global economy away from the dollar’s dominance involves a plan by Biden to issue $650 billion of Special Drawing Rights (SDRs) through the IMF.

Xi’s Big Mistake

By John Mauldin, Thoughts from the Frontline

I greatly admire the millions of Chinese entrepreneurs worldwide who create jobs and technology. They’ve helped the entire world in countless ways. And yet, I can’t forget that China’s leaders are devoted, ideologically centralist communists.

Gold Marches Higher Following Dovish Fed Comments

By Richard Mills, Ahead of the Herd

Gold, being a hedge against inflation, which typically accelerates when the money supply increases, has done very well under periods of quantitative easing, when central banks literally “print money” to purchase sovereign debt instruments (like US Treasuries) and mortgage-backed securities.

David Morgan: Could Money Be Worthless In Just Six Months?

By David Morgan, The Morgan Report

The world is now drowning in debt and MMT is being utilized to its fullest in a final attempt to keep the major financial markets from imploding. These attempts will fail of course, as they have always done.

Powell Admits in Congressional Testimony Inflation is Hotter and More Concerning than the Fed Expected

By David Haggith, The Daily Doom

So, again, how much time does the Fed have? Bank of America’s newly revised temporary and persistent inflation indicator has an answer for that: “Not much!”

Lumber/Gold Ratio Warning - Michael Gayed

By Wall Street Silver

Weakness in this indicator has historically signaled a huge warning for the market.

Has Macron’s call for new IMF Gold Sales been slapped down?

By Ronan Manly, BullionStar

The possibility of renewed monetary gold sales by the International Monetary Fund (IMF) hit international headlines last month when France’s president and former Rothschild banker, Emmanuel Macron, made a call for such sales during a press conference..