Latest
Written off for Dead, Gold Comes Back to Life – Ep 743
Netflix and Tesla stocks make all time highs. Trump SPAC makes a splash. Investors buying WeWork SPAC are putting lipstick on a pig. Gold price gains on inflation news, which means bigger gains may be around the corner. Oil price increases while oil production decreases. Inflation in 2022 will eclipse
Inflation Is Not the Price of Prosperity – Ep 742
Bonds are never a safe haven against inflation. Consumers can’t afford to buy houses for what it costs builders to construct them. Zillow bails on home flipping business. Biden describes inflation as a high class problem. US government now using Soviet propaganda tactics to explain inflation. Bitcoin futures ETF BITO
Soaring Inflation Suppresses Consumer Confidence – Ep 741
Markets turn risk on. Producer prices rise to levels not seen since peak inflation of the 1970s. Inflation is double the Fed’s benchmark now and will be triple by year end. Bitcoin rallies on ETF news, but will likely sell off on ETF launch. Putting profits first is putting people
Entering an Inflation Super Cycle – Ep 740
Expecting accurate inflation reports from the government is like expecting accurate crime reports from the mafia. Dollar falls and gold rises as investors begin to see through Fed’s fantasies. Inflation is here to stay and markets may finally be acknowledging that reality. Only the government can make the prices of
Weak Jobs & Bonds + Strong Oil = Stagflation – Ep 739
Jobs numbers come in lower than anyone expected. Investors aren’t buying gold as an inflation hedge because they don’t think there is any real inflation to hedge. Buying gold won’t be as hard as selling bitcoin. US lead tax cartel pushing the world to less freedom through collusion.
Inflation Burns While the Fed Fiddles – Ep 738
Gold stocks going down because investors are disappointed they aren’t going up. Fed President Jim Bullard admits inflation is here to stay. The digital revolution has made gold more valuable than ever. Jerome Powell on the chopping block means the Fed’s composition may soon change for the worse Janet Yellen
Government Creates Problems. Its Solutions Make Them Worse – Ep 737
Markets rally on news of Merck Covid pill. Drug efficacy should be left to the market, not the government. FDA sacrifices human beings like lab rats. Ray Dalio chooses gold over Bitcoin. Home sales numbers are exaggerated by institutional flippers. Zillow shareholders set up for huge losses. Government involvement in
Powell Sings a Different Tune – Ep 736
Political theater plays out over the debt ceiling. US was biggest gainer from low interest rates, but will be biggest losers when rates are high. IRS continues its attack on lower and middle income Americans. Getting into bed with the government will get you screwed. Cost of having a bank
Inflation Talk Tanks Markets – Ep 735
Fed has become an arm of the US Treasury. Powell admits inflation problem is bigger and worse than he predicted. Investors rush back into energy stocks. Natural gas prices hit multi-year high. Taper trades are in; markets moving back into the inflation trade. Janet Yellen would be fired and sued
Peter's Blog
AMERICAN PRESTIGE LEFT STRANDED IN AFGHANISTAN
In the 50 years since Richard Nixon officially severed the dollar’s link to gold, many have claimed that the greenback’s strength rests primarily on America’s
BIDEN’S HOUSING GAMBIT
The “transitory” inflation swamping the country has stubbornly persisted into July. This week it was announced that producer prices posted a second straight 1% month-over-month
HOW TRANSITORY IS TRANSITORY?
What exactly is “transitory?” You and your wife may disagree on its meaning when your old friend asks if he can stay with you while
