The rise in producer inflation certainly indicates we are not in a price-restrictive environment. We’re going to get burned by more inflation and then by more inflationary cures.
Given the abundance of excellent arguments in favor of the free market, there is no need to use argument that accept the enemy’s premise that equality is a good thing.
Basically, we now get bazookas fired by the government and the Fed. Monetary and fiscal policies are used during financial crises on a scale we’ve never seen before.
I wonder what the years of extreme intervention since 2008 did to our indicators. Does the data still mean what we think it does? That’s on top of questions on whether the data is even being measured correctly.
The Fed's plans are faltering. With summer over and a recent rate cut, bond vigilantes are pushing rates up, leading members to consider stalling future cuts due to rising inflation.
While some investors feel silver has underperformed compared to gold during this bull market, Mike points out that silver’s growth in percentage terms has mirrored gold’s rise.
This year is proving to be highly successful for U.S. sound money. Money Metals Exchange played a key role in six new victories and one important defensive win.
