
The Cost of Easy Money Is Now Coming Due
Since 2008, we have been in an era of unprecedented money printing and interest rate suppression. Now the cost of all of that easy money is coming due.
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Since 2008, we have been in an era of unprecedented money printing and interest rate suppression. Now the cost of all of that easy money is coming due.
The Federal Reserve’s favorite inflation indicator came in slightly higher than expected for November. This is another indication that while price inflation appears to be easing some, the data indicates it is far from whipped.
Just before Christmas, Congress passed a massive omnibus spending bill. This is yet another blow to the Federal Reserve’s feckless fight against inflation.
Peter Schiff recently appeared on Kitco News and chatted with anchor David Lin. Peter gave his outlook for inflation, stocks, and gold in 2023. Peter said we had better get prepared for an inflationary depression. He also emphasized that he is very bullish on gold in the year ahead.
While the price analysis last month was very neutral, the data this month points to a bit more positive momentum in the gold and silver markets. Last month I highlighted that gold was trapped between long-term support and resistance.
December gold is having the weakest major delivery month since February. This is surprising given the recent strength in gold and considering that last December saw quite a large number of contracts deliver (36k). I commented on this a few weeks ago, suggesting that the lower volume was a result of thinner supplies. I think the […]
Are the people who are predicting a big economic crash right? Or are they just crying wolf? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it’s hard to predict the exact timing of a crash even if you’re certain it’s on the horizon. He also talks about a couple […]
The Federal Reserve would like you to think that it is scientifically guiding the economy with carefully calculated monetary policy. The truth is the Fed is making things up as it goes along.
The US housing bubble continues to lose air at a rapid rate. Existing home sales fell for the 10th straight month in November. This stretch of declining home sales is longer than the housing bust preceding the 2008 financial crisis.
Peter Schiff recently appeared on the Jay Martin Show. During the interview, he explains how the private sector can ultimately lead the world back to a gold standard.