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Archaic perhaps, but I am an impassioned proponent of sound money – and have been for a long time. It’s vital – fundamental. The Austrian School of Economics heavily influences my analytical framework. I focus first on Credit inflation – the expansion of new financial claims. This new purchasing power has varied inflationary effects – […]

[Yahoo/Bloomberg] Stocks Decline After PCE Inflation Report: Markets Wrap [Yahoo/Bloomberg] Oil Extends Gain for a Second Session Ahead of US Inflation Data [CNBC] Key Fed inflation measure rose 0.6% in January, more than expected [AP] An inflation gauge tracked by Fed accelerated in January [Reuters] U.S. consumer spending surges in January; inflation accelerates [Yahoo/Bloomberg] Millions […]

This week we take a look at the 200 day moving average for gold and silver. Recent movements of metals point towards prices beginning to climb in the near future. Thanks for watching.

[Yahoo/Bloomberg] US Stocks Rise as Fed Aligns With Street Wagers: Markets Wrap [Reuters] Oil prices firm, but rise in U.S. inventories looms [Reuters] ‘Stubborn’ food inflation leaves U.S. shoppers with slim appetite for other goods [Reuters] U.S. manufacturers see big boost from government subsidies and tax breaks [Yahoo/Bloomberg] Jerome Powell’s Worst Fear Could Come True […]

[Yahoo/Bloomberg] US Stocks, Treasuries Advance Before Fed Minutes: Markets Wrap [Yahoo/Bloomberg] Japan’s Key Yield Rises Above 0.5% BOJ Ceiling for Second Day [Yahoo/Bloomberg] Oil Extends Longest Run of Losses This Year Ahead of Fed Minutes [Yahoo/Bloomberg] Global Bonds Are Set to Erase 2023 Gains [Yahoo/Bloomberg] Oil Fluctuates After Run of Losses Ahead of Fed Meeting […]

Japan’s QE Is More Than All Global QT Combined U.S. Inflation 9.6% Calculated The “Old Way” Credit Card Debt At All-Time High Could Japan Crash The World? February 22, 2023 “If yield curve control is finally killed off or even tweaked, it will probably be a major event for markets everywhere. So that’s a big […]

[Yahoo/Bloomberg] US Stocks Drop on Fed Concern as Dollar Gets Bid: Markets Wrap [Yahoo/Bloomberg] Oil Swings in Rangebound Market as Fed and China Demand Face Off [Reuters] Putin delivers a nuclear warning to the West over Ukraine [AP] Russia suspends only remaining major nuclear treaty with US [Yahoo/Bloomberg] Adani Selloff Drags Group’s Market Value […]

Americans today might be forgiven for wondering whether the train they’re taking is headed for the gala or the gulag. Progressives in particular and optimists in general feel that our return to good times is right around the corner. Conservatives in particular and realists in general fear a Wile E. Coyote plunge off a cliff […]