- Source, Kitco News
Saturday, May 28, 2022
A food shortage is now a real risk, this is how everyone would be impacted
Sunday, May 22, 2022
The Economic Ninja: Another Large Real Estate Crash Is Coming Soon?
Long term Travis is very bullish on Bitcoin, precious metals and many key commodities.
He thinks that the food and energy crisis will get a lot worse.
Friday, May 20, 2022
Ron Paul: Liberty Challenged, More Government, More Debt, More War!
- Source, Ron Paul
Monday, May 16, 2022
Food Shortages: Biggest Shock Of Our Lifetime Coming, Inflation to Rage
The supply chain is in a state of collapse," says Mike Adams, the "Health Ranger," an outspoken consumer health advocate, award-winning investigative journalist, internet activist, and science lab director.
"Don't panic," he says, "get prepared.... This is going to be the biggest shock of our lifetimes."
- Source, Reluctant Preppers
Wednesday, May 4, 2022
Dollar Rises Rapidly, Inflation Grows, Gold & Silver's Next Move?
What are gold & silver's next move and where will they go during quarter 2?
We will cover the price movements of gold, silver, platinum, US dollar index, and more.
- Source, Golden Rule Radio
Sunday, May 1, 2022
Peter Schiff: The Fed’s Ego Is the Only Thing Bigger Than This Bubble
The Fed insists it can tighten monetary policy and tackle inflation without hurting the economy. Federal Reserve Chairman Jerome Powell and other central bankers claim the economy is strong enough to handle higher interest rates. Peter Schiff said this is just another in a long line of arrogant miscalculations by the Fed.
As the central bank begins to raise rates and gets set to shrink its balance sheet, some analysts worry that the Fed will make a mistake and tighten too much. But Peter said the Fed already made the mistake.
"It’s not about the Fed might make a mistake. They’ve already made nothing but mistakes. The Fed has never done anything right. And because they made so many mistakes in the past, they’ve already doomed us in the future. It’s not about the mistakes they may make. It’s about the mistakes they’ve already made.”
And Peter said given all of the mistakes the central bankers have made in the past, it seems certain there will be more mistakes moving forward.
"The mistake they’re going to make in the future is not tightening too much, but not tightening enough — bowing down to the political pressure once the economy really starts to tank and the markets are deep in bear-market territory. When the Fed takes its foot off the brake and slams it back on the gas, that’s when the economy is going over a cliff because inflation is going to run out of control.”
Peter pointed out the recent plunge in speculative stocks and said it was a function of the mistakes the Fed has already made.
"2021 was peak insanity caused by the most reckless of all monetary policies by the Fed, which created the mother of all inflation. And now the Fed wants to try to put the genie back in the bottle. It doesn’t want to accept any responsibility for having allowed the genie out of the bottle. It wants to blame it all on Putin. It wants to blame it all on COVID.
So, why should we believe them?
Peter said he thinks it’s “three strikes and you’re out.”
"Strike one – subprime contained. Strike two – inflation is transitory. Strike three – we can raise interest rates. The economy is strong enough to withstand it. I think all of the Fed’s credibility is going to be lost when that mistake is revealed.”
As the central bank begins to raise rates and gets set to shrink its balance sheet, some analysts worry that the Fed will make a mistake and tighten too much. But Peter said the Fed already made the mistake.
"It’s not about the Fed might make a mistake. They’ve already made nothing but mistakes. The Fed has never done anything right. And because they made so many mistakes in the past, they’ve already doomed us in the future. It’s not about the mistakes they may make. It’s about the mistakes they’ve already made.”
And Peter said given all of the mistakes the central bankers have made in the past, it seems certain there will be more mistakes moving forward.
"The mistake they’re going to make in the future is not tightening too much, but not tightening enough — bowing down to the political pressure once the economy really starts to tank and the markets are deep in bear-market territory. When the Fed takes its foot off the brake and slams it back on the gas, that’s when the economy is going over a cliff because inflation is going to run out of control.”
Peter pointed out the recent plunge in speculative stocks and said it was a function of the mistakes the Fed has already made.
"2021 was peak insanity caused by the most reckless of all monetary policies by the Fed, which created the mother of all inflation. And now the Fed wants to try to put the genie back in the bottle. It doesn’t want to accept any responsibility for having allowed the genie out of the bottle. It wants to blame it all on Putin. It wants to blame it all on COVID.
But it thinks it’s a simple task to undo the damage. All they’ve got to do is jack rates back up to 2.5, 3%, get there quickly, and because we have such a strong economy with a super-hot labor market, the Fed can do today what it never could do in the past because the economy now is so much stronger than it was in the past. Well, it’s not stronger. It’s just a bigger bubble.”
But the central bankers at the Fed don’t seem to understand that.
"In fact, probably the only thing that’s bigger than this bubble is the egos of the FOMC members and how clueless they are about economic reality.”
The Fed has a horrible track record. Fed Chairman Jerome Powell has been wrong, wrong, and more wrong. But it’s not just Powell. The Fed has a long history of missing the mark.
In 2006 and 2007, the Fed insisted there was no problem in the housing market. When it became clear there was a problem, the central bankers said, “No worries, it’s contained to subprime.” When the financial markets crashed in 2008 and the Fed started quantitative easing, Ben Bernanke said the central bank was not monetizing the debt and that it would sell all of the bonds it was buying after the emergency was over.
But the central bankers at the Fed don’t seem to understand that.
"In fact, probably the only thing that’s bigger than this bubble is the egos of the FOMC members and how clueless they are about economic reality.”
The Fed has a horrible track record. Fed Chairman Jerome Powell has been wrong, wrong, and more wrong. But it’s not just Powell. The Fed has a long history of missing the mark.
In 2006 and 2007, the Fed insisted there was no problem in the housing market. When it became clear there was a problem, the central bankers said, “No worries, it’s contained to subprime.” When the financial markets crashed in 2008 and the Fed started quantitative easing, Ben Bernanke said the central bank was not monetizing the debt and that it would sell all of the bonds it was buying after the emergency was over.
During the pandemic, they said printing trillions of dollars wouldn’t cause consumer prices to rise. When inflation reared its ugly head, they promised it was transitory. Now they’ve conceded it’s not transitory, but assure us they can fix it. They say they can raise rates without hurting the economy.
So, why should we believe them?
Peter said he thinks it’s “three strikes and you’re out.”
"Strike one – subprime contained. Strike two – inflation is transitory. Strike three – we can raise interest rates. The economy is strong enough to withstand it. I think all of the Fed’s credibility is going to be lost when that mistake is revealed.”
- Source, Schiff Gold
Global food supply is now in danger; These commodities most at risk from Ukraine war
- Source, Kitco News
Monday, April 25, 2022
A Currency Revolution Begins: James Turk, Alasdair Macleod
- Source, Gold Money
Friday, April 22, 2022
The Breakdown of a "Well Managed" World
- Source, Golden Rule Radio
Sunday, April 17, 2022
Friday, April 15, 2022
What Is Happening With Food Availability, Price, And Supply In The US?
What is going on with food prices, and, more importantly, where is this all headed?
- Source, Silver Doctors
Thursday, April 14, 2022
Ron Paul: Why Does It Seem Biden Is Prolonging The Ukraine War?
Sending weapons that have little chance of making a big difference in the outcome only keeps the fighting and killing going strong, and the Administration has shown no interest in pushing a quick diplomatic end to the war.
On the contrary, Biden openly calling for regime change and a war crimes trial makes diplomacy nearly impossible. Why prolong the fighting?
US National Security Advisor Jake Sullivan gave us a hint, when he told NBC News over the weekend that the US wants " a weakened and isolated Russia."
- Source, Ron Paul
Tuesday, April 12, 2022
Ron Paul: The Dollar's Reserve Status Is Ending. Will Bitcoin Save Us?
Government can't create gold out-of-thin-air (like it does with dollars) to fund its expansion into every aspect of our lives. But change is in the air.
- Source, Ron Paul
Sunday, April 10, 2022
Friday, April 8, 2022
Wolf Street Report: Bond Massacre, Inflation Prick Biggest Bond Bubble in History
- Source, The Wolf Street Report
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