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I often find my thoughts returning to the great German economist, Dr. Kurt Richebacher. This week, it was his analysis that inflation comes in various forms, with his argument that asset inflation was the most pernicious. It was such a minority view, seemingly unique. As he would explain, consumer price inflation is commonly recognized as […]
[Yahoo/Bloomberg] Stocks, Treasuries Steady at End of Volatile Week: Markets Wrap [Yahoo/Bloomberg] Oil Holds Near Four-Month High as IEA Flips Forecast to Deficit [Yahoo/Bloomberg] Copper Surges on Supply Threat as Iron Ore Shows Economic Risks [Yahoo/Bloomberg] Bitcoin Extends Retreat From Record as ‘Bubble’ Talk Escalates [Yahoo/Bloomberg] Missile Misses Ship in Red Sea as Houthis Vow […]
This week we look at the gold and silver price with both continuing their strength and largely ignoring the recent PPI numbers. Gold has had some small consolidation after hitting record pricing and is likely headed to higher prices soon. Silver pushed up to $25 and still has a lot of room to catch up […]
[Yahoo/Bloomberg] Stocks Advance With US Inflation in Focus: Markets Wrap [CNBC] Treasury yields rise after February wholesale inflation turns out hotter-than-expected [Yahoo/Bloomberg] Oil Advances as IEA Predicts Supply Deficit for Rest of 2024 [Yahoo/Bloomberg] High Hopes for Yen Rally This Year Give Way to Talk of Slim Gain [CNBC] Wholesale inflation rose 0.6% in February, […]
[Yahoo/Bloomberg] Stocks Drift With Wall Street Rally Put on Pause: Markets Wrap [Yahoo/Bloomberg] Oil Climbs as Industry Report Points to Falling US Stockpiles [CNBC] World’s first major act to regulate AI passed by European lawmakers [AP] Europe’s world-first AI rules get final approval from lawmakers. Here’s what happens next [CNBC] Weekly mortgage demand jumps again […]
Government Debt Will Be Rolling Over At Twice The Current Interest Cost Our Proxy War With Iran Just Got Hotter Gold Makes A New High With New Momentum Confirmation “What is the real state of the economy? It seems to me there are two views on that. I think you can argue from household net […]
[Yahoo Finance] Stock market today: S&P 500, Nasdaq march higher after CPI surprise [Yahoo/Bloomberg] Oil Steadies Before OPEC Monthly Report [Reuters] Houthi missiles fired at ship in Red Sea, U.S. military says [AP] US inflation up again in February in latest sign that price pressures remain elevated [CNBC] Consumer prices rose 0.4% in February and […]
There are many times in life when something doesn’t seem right, but you can’t put your finger on the problem. You know enough to sense it, but not enough to solve it—or even see it clearly. One of the best fixes for a lack of understanding has long been the reading of books. YouTube can […]
