Under the Biden administration the economy could overheat, thereby increasing inflation and the price of gold.In January, Biden unveiled his plan for stimulating the economy, which is struggling as the epidemic in the U.S. continues to unfold. Pundits welcomed the bold proposal of spending almost $2 trillion. Some expenditures, especially on vaccines and healthcare, sound pretty reasonable. Howeve...Read More
Lets start with the daily bar combo chart for the PM complex which shows the August trading range still under construction making lower lows and lower highs for the most part. Below is the daily bar PM combo chart showing the possible H&S tops. Over the last couple of weeks most of the PM stock indexes have formed a small blue consolidation pattern right around the neckline with most of them b...Read More
The electric vehicle (EV) revolution isgaining serious momentum.According to experts’ projections, demand for electric vehicles should rise at a 21.1%Compound Annual Growth Rate (CAGR) until 2026.The extraordinary demand that is forecast forEVs over the next five years has now begun to trigger a massive disruption inthe global energy markets. As demand for EVs continues to move higher,the d...Read More
Stocks are predictably staging a continued recovery fromthe mostly sideways correction – a shallow one not strong enough to break thebulls‘ back. Credit markets are largely behaving – with the exception oflong-term Treasuries, which I see as highly likely to draw the Fed‘s attention – just as I discussed in detail yesterday. The S&P 500 keeps doing fine, and so do...Read More
Under the Biden administration the economy could overheat, thereby increasing inflation and the price of gold.In January, Biden unveiled his plan for stimulating the economy, which is struggling as the epidemic in the U.S. continues to unfold. Pundits welcomed the bold proposal of spending almost $2 trillion. Some expenditures, especially on vaccines and healthcare, sound pretty reasonable. Howeve...Read More
Lets start with the daily bar combo chart for the PM complex which shows the August trading range still under construction making lower lows and lower highs for the most part. Below is the daily bar PM combo chart showing the possible H&S tops. Over the last couple of weeks most of the PM stock indexes have formed a small blue consolidation pattern right around the neckline with most of them b...Read More
The electric vehicle (EV) revolution isgaining serious momentum.According to experts’ projections, demand for electric vehicles should rise at a 21.1%Compound Annual Growth Rate (CAGR) until 2026.The extraordinary demand that is forecast forEVs over the next five years has now begun to trigger a massive disruption inthe global energy markets. As demand for EVs continues to move higher,the d...Read More
Where does the silver price go from here? "We're in the process of a short squeeze right now, even though it's not showing up in the price," Vince Lanci shares with DanielaCambone. "There are serious shorts in the silver market. This is not done."Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm...Read More
Famed hedge fund investor Michael Burry puts out a serious warning for increased inflation and perhaps hyperinflation.If he's right, kiss low interest rates goodbye. And think what that will do to real estate values.The next few years are going to be extremely difficult.Watch the 10 year Treasury. If it keeps going up it's game over.Even in the absence of runaway inflation, this seems like the top...Read More
Martin Armstrong answers your questions. Have a question to ask? Email us at [email protected]Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possibl...Read More
We use the volatility of Bitcoin to our advantage, says Ronni Stoeferle, managing partner for Vienna-based Incrementum. "The price is going up because the price is going up" is how he sums up the rapid rally of the crypto. He explains that Bitcoin north of $50,000 is a prime example of the "Crack-Up Boom" theory, formulated by Austrian economist Ludwig von Mises. "It seems that people are losing c...Read More
In 2012, dude offered to buy my book for 1.5 bitcoin, a "Monetary Revolution" that "doubled in 4 months." I'd just need to hype bitcoin on my site. That's still how it works. And big highly leveraged players have jumped in.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-...Read More
**Interview originally recorded on Feb 10th, 2021**During this 40+ minute interview, Jason asks Dave about the stock market mania with SPACs, unprofitable technology stocks and newbies who know little to nothing about stocks bragging on social media about making easy trading profits trading call options. Dave also points out how things are even worse in junk bonds than in stocks. Jason also asks D...Read More
"What we're seeing is something very simple: the market mood has changed," Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, told CNBC's "Squawk Box" Monday. "It's no longer whether yields are going higher, but when is the move too big? That's what the market is trying to figure out."Mohamed El-Erian is the Chief Economic Adviser of Allianz, a m...Read More
Last week Texas experienced a cold snap that resulted in serious statewide damage, death, and destruction. The collapse of the state's energy grid left millions of Texans in the dark and freezing for days at a time. Tragically, at least 30 people died.There are many reasons why Texas became like a Third World country, and we should be careful not to pin all the blame on just one factor. But it see...Read More
Since a national government doesn't have money of its own, we taxpayers and savers are now the greater fool.Continue...Read More
This has been a nightmare because it is political. The only way to get back to normal is to throw all politicians out of office who Continue...Read More
And I do mean "hate", as in "want you dead."After all I've yet to hear of a murderer who loved or even liked the people he or she killed.Continue...Read More
In comments made on Monday morning, Fed Chair Treasury Secretary Janet Yellen set the stage for several exciting new initiatives, including a higher corporate Continue...Read More
"The Supreme Court has now proclaimed that no one is above the law. Trump will, for the first time, have to take responsibility for his own dirty deeds."Continue...Read More