Latest
Inflation Tax Already Destroying Purchasing Power – Ep 695
Gold close to breakout and dollar close to break down. Fed admits unpleasant inflation is a possibility. Major disappointment in home buyer data. Surplus of money is pricing Americans out of the home and automobile market. Government begins blaming companies for higher prices instead of inflation. Don’t let your money
INFLATION CRASHES THE PARTY
It’s dawning on many investors that our post-Covid financial problems may not be as easily solved as Washington claims. The latest clue that trouble is brewing has come from the sudden and dramatic arrival of inflation. On May 12, it was revealed that the Consumer Price Index (CPI) had risen 4.2%
Bitcoin Is Nothing Like Gold – Ep 694
Rotation continues from momentum to value as Bitcoin investors turn to gold. China is the excuse, not the reason for the Bitcoin bubble bursting. This Crypto Winter may be the longest and most brutal of all. Dave Portnoy shills Safemoon gimmick. Coinbase may be the biggest failure vs. expectations of
Crypto Crash. Buy the Dip or Sell the Rip? – Ep 693
Bitcoin proves it is not a safe haven asset. Investors begin rotation from Bitcoin to gold. Bitcoin is the white whale and Michael Saylor is Captain Ahab. Anthony Pompliano wants your cash, not your Bitcoin. Gold investors spooked by suggestion of a possible discussion to potentially think about talking about
Investors Begin to Worry the Fed Won’t Fight Inflation – Ep 692
Dollar falls towards new lows. Inflation fears become more widespread. Wall Street beginning to realize there’s no political solution to inflation. Bitcoin following risk stocks lower, as inflation hedges like gold and silver rise. Fearing 2% inflation, Bitcoin investors lose 34% on their hedge. Bitcoin staring at enormous head and shoulders
All Signs Point to Stagflation – Ep 691
Oil prices pump. Bitcoin prices dump. Gold prices shine. US leads world in over-valued momentum stocks. Tucker Carlson talks inflation. Windows look like nails to the Fed’s hammer. Soaring inflation outweighs record lows mortgage rates. Manufacturing decreases in April. Economic statistics point to stagflation.
Soaring CPI Shocks Clueless Investors and Economists – Ep 690
CPI numbers shock expectations. Biggest monthly gain in CPI since 1981. Gasoline supply chain disrupted by ransomware hack. Price gouging alleviates shortages. Unemployed workers shouldn’t be picky. Disincentivizing people from jobs is not good for the economy. Dogecoiners buy the rumor and sell the fact on Elon Musk SNL appearance.
Jobs Not Required to Spend Printed Money – Ep 689
Huge misses in jobs numbers. Biden’s Blue-Collar Blueprint to build back better will be another big bureaucratic blunder. Jobs report is more evidence the Fed’s policies aren’t working. Weaker labor market means stronger inflation. Dollar decline will accelerate. Strong week for gold and silver with more strength ahead. Investors continue
The Fed Can’t Be Honest About Inflation – Ep 688
Inflation concerns increase along with commodity prices. Trade deficit will fuel inflationary spiral. Government reclassifying our rights as privileges so they can take them away. Supreme Court sets precedent for the federal government to start seizing property. Americans need property rights, not property privileges.
Peter's Blog
The Best Of Times During The Worst Of Times
While most people generally understand that the stock market and the economy do not move in lock step, there is still an underlying belief that
A Black Swan with Teeth
By Peter Schiff For years I have been warning that during the age of permanent stimulus (which began in earnest with the Federal Reserve’s reaction
World War II Was Fought With Savings, Not Debt
While the country and the stock markets reel from the impact of the Coronavirus, many economists and politicians are calling for the government to fight
