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Inflation of 5% “seasonally adjusted” down to 2.2% Using 1970s counting methods, inflation is now double digit “No more deposits please”, banks beg people to borrow or spend The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Honey I Shrunk The Cereal Box – The Cost Of Shrinkflation June 15, 2021 “Taxes are definitely […]
[Yahoo/Bloomberg] Stocks Signal Calm Before Fed; Bonds Steady: Markets Wrap [Reuters] Shares in record-setting spree as Fed meeting looms [Reuters] Gold holds tight range as markets await Fed cues [CNBC] Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record [Yahoo/Bloomberg] U.S. Retail Sales Decline After Two Solid Months of Gains […]
[Yahoo/Bloomberg] U.S. Stocks Steady; Bonds Pause Rally as Fed Eyed: Markets Wrap [Reuters] World stocks near record high as investors await dovish Fed act [Reuters] Dollar firms in big week for FX markets; pound struggles [Yahoo/Bloomberg] Oil Rises as Confidence Fades Over Quick Return of Iran Supply [Yahoo/Bloomberg] Gold Drops as Treasury Rally Pauses Ahead […]
[Reuters] Wall St Week Ahead Fed meeting looms for stocks as inflation worries collide with ‘Goldilocks’ markets [Reuters] G7 calls out China over Xinjiang, Hong Kong and Taiwan – draft communique [Yahoo/Bloomberg] Fed Dot Plot Seen Shifting to 2023 Rate Liftoff, Economists Say [CNBC] How bad are global shipping snafus? Home Depot contracted its own […]
Inflation Spikes: Market Yawns Another week, another hot inflation data point. According to the government report out this week, May headline CPI rose 5% from a year earlier. Economists surveyed by Dow Jones had been expecting a gain of 4.7%. On a monthly basis, headline CPI increased 0.6% versus estimates for a 0.5% increase. The […]
Total Non-Financial Debt (NFD) expanded $879 billion during Q1 to a record $62.032 TN. NFD expanded an unprecedented $7.671 TN, or 14.1%, over the past five quarters. And with Financial Sector Debt increasing $236 billion and Foreign US borrowings gaining $95 billion, Total Debt increased $1.210 TN during the quarter to a record $84.7 TN. […]
[Yahoo/Bloomberg] U.S. Stocks Gain Amid Optimism Over Fed Policy: Markets Wrap [Yahoo/Bloomberg] Gold Pares Post-CPI Gain as Dollar and Yields Rebound [Yahoo/Bloomberg] U.S. Yields Set for Biggest Weekly Drop in a Year as Shorts Exit [Yahoo/Bloomberg] Powell Gets Wall Street Buy-In to View That Inflation Won’t Last [Dow Jones] When Americans Took to the Streets […]
This week we discuss gold in 2021, and silver in 2021, why precious metals make sense in the modern era Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and geopolitical commentary
