1. CPI number comes in slightly hotter than expected. Total CPI increased 0.6% month-over-month in May. Core CPI, which excludes food and energy, climbed to 0.7%. This number could be the catalyst for yields rising by 3 basis points on the 10-year U.S. Treasury Note to 1.518%. Yields are back to flat. 2. Initial weekly jobless claims.Initial Weekly Jobless Claims for the week ending June 5th decre...Read More
"If COVID-19 had come about due to a Chinese lab leak, the top question on voters' minds in the 2020 election would have become who was going to stand up to China. Which candidate would hold the Chinese Continue...Read More
"Ten coppers have restrained one man," says the man filming the video."It's a free country, I can do whatever I want, it's just about a free country," he states.Continue...Read More
But it's a lot worse than it appears. The Consumer Price Continue...Read More
Frankly, I didn't expect things would get quite this out of control. Continue...Read More
Could this have been one of the objectives - to end air travel by increasing the risk of flying high? Continue...Read More
Don't worry, Dr. Jill is in charge now. This normally wouldn't matter, but since it's become painfully aware that Joe Biden is suffering from at least partial mental decline, this photo takes on aContinue...Read More
This week, the restaurant company announced menu price hikes of about 4% to cover the higher wages. Now people are angry that they're going to have to pay more for a burrito.Continue...Read More
The 'Trump Won MLB Tour' continues ! Las night stop Miami, Florida.Triggering the libs in 4 baseball parks now.Continue...Read More
Macron told a news conference he would like the sale of gold reserves to help finance this planned aid for Africa.Continue...Read More
Buying was fast and simple. You select which gold bar you want, then feed the machine bank notes and hit purchase.Continue...Read More
Money manager Adrian Day looks at two factors that have been moving gold, and provides updates on several resource companies he believes are progressing in this strong market, with some "strong buys" among the group. The recent jump in the Consumer Price Index (CPI) generated a lot of attention, with consumers noticing a wide range of price increases while the Federal Reserve and its apologists i...Read More
A BMO Capital Markets report discusses MAG Silver's financial position and the Juanicipio joint venture. In a May 18 research note, BMO Capital Markets analyst Ryan Thompson reported on MAG Silver Corp.'s (MAG:TSX; MAG:NYSE A) available cash relative to its share of remaining capex for the company's Juanicipio joint venture (JV) project with Fresnillo. Thompson noted that MAG had US$94 million in...Read More
Gold is okay, but not yet uniqueThere are times when gold is an okay inflation hedge, while under-performing the likes of industrial metals, oil/energy, materials, etc. During those times, if you’re doggedly precious metals focused you should consider silver, which, as a hybrid precious metal/industrial commodity, has more pro-cyclical inflation utility than gold.But as I have argued for muc...Read More
The worldwide shift toward cleaner, greenerenergy sources once again appears to be picking up speed.While the world’s focus on climate changeunderstandably took a backseat to the Covid-19 pandemic for most of the past 18months, that focus on climate change has started to return in a powerful way. In fact, our transition into a post-pandemicenvironment is triggering a number of significantopp...Read More
Part 1 (part 2 below)Headline inflation came out stronger than expected on Thursday, at 5.0%, as compared to the consensus expectation of 4.8%. The government wants higher inflation and is creating policies that would be conducive to higher prices and higher wages, said E.B. Tucker, director of Metalla Royalty.0:00 - 5% headline CPI5:30 - Why would government want more inflation?9:46 - Fed's next...Read More
Anmol Singh, founder of Live Traders, discusses with David Lin, anchor for Kitco News, techniques that every disciplined trader should follow in order to weather any market.Singh said that stock market valuations right now are definitely "insane" and that now is a time to be taking profits more so than getting into stocks. 0:00 - Trading systems4:46 - AMC10:12 - Stock trading examples15:37 - Bitco...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Steve Keen to the show. Steve says inflation is definitely coming, but it won't be the runaway inflation feared by many people, nor will it be the hyperinflation some folks fear. Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticizing neoclassical economics as inconsistent, unsci...Read More
Consumer prices on the rise and going higher.Markets figuring out the Fed can't fix Inflation.Trump calls Bitcoin a scam.Michael Saylor goes on damage control with Hannity.Biden's administration wages class warfare against rich with IRS leak.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President a...Read More
Chinese officials spent days burning document after document after government information revealed to global media exposed conditions in the camps.Continue...Read More