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The Federal Reserve is set to launch its war on inflation. But it looks like it’s carrying a pea-shooter to a gunfight. Or as Peter Schiff put it, a dove can’t change its feathers.
The silver-gold ratio has climbed back above 80-1. This has historically signaled silver on sale. As I write this article, the ratio stands at just over 80:1. That means it takes just over 80 ounces of silver to buy an ounce of gold. To put that into perspective, the average in the modern era has […]
The producer price index rose at the fastest rate in the history of the data set in November. This is a runaway inflation train hurtling down the tracks toward consumers. And despite all the talk, the Fed won’t be able to stop it.
The federal government lacks any legitimate constitutional authority to establish welfare programs for the poor. Not only that, the federal welfare system fails in its promise to “help the poor” out of poverty.
Inflation is running rampant. At first, the powers that be tried to convince us it wasn’t a problem because it was just a temporary phenomenon caused by coronavirus. (As if a virus could cause the money supply to increase.) But now, the transitory inflation narrative is dead. Jerome Powell recently admitted that it’s time to […]
Black Friday was a black and blue Friday as US stock markets saw their sharpest declines since April 2020. The selloff was spurred by a new COVID variant and fear of new lockdowns. The markets recovered on Monday, but the sudden stock dip was telling.
When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world. That’s socialism in a nutshell. The Pilgrims found this out the hard way during their first couple of […]
Retail sales surged at a higher than expected rate in October, rising 1.7%. The mainstream reported this as fantastic news signaling a strong economy. American consumers are out there buying lots of stuff. The stock market rallied and gold fell. But the mainstream narrative isn’t giving you the full picture.
The “transitory inflation” narrative has completely broken down. And now Twitter and Square CEO Jack Dorsey has warned us. Hyperinflation is coming.
The inflation that we were emphatically told would be transitory and unmoored continues to persist and entrench. As the troubles gather momentum Washington is doing its best to ignore the problem or actively make it worse.
