Commodity Boom Evidences Inflation, Not Growth – Ep 644
Agricultural commodities ore on fire. Nobody needs bitcoin. A market driven by inflation is different than a market driven by earnings. Biden administration will exploit
Agricultural commodities ore on fire. Nobody needs bitcoin. A market driven by inflation is different than a market driven by earnings. Biden administration will exploit
Gold and silver shellacked. Jobs report worse than anyone expected. Elon Musk becomes richest man in the world. Chamath Palihapitiya’s poorly chosen quote may be
Democrats bribe Georgia voters with cash. Massive divergence between International stocks and domestic stocks. Bitcoin is propping up the system that it’s supposed to take
Rare dichotomies playing out in the markets – something big is happening. Dollar continues to fall against the Yuan. Institutional money is flocking to real
Fed turned stock market into a casino. Investors buying everything in sight with cheap money. Trump ends term with biggest trade deficit and budget deficits
Trump grandstands over stimulus bill. Ripple gets ripped. Is Bitcoin also a security? Biden will be bad for Bitcoin. Greyscale gets clobbered.
New Covid-19 relief stimulus bill passes Congress. 200 years worth of debt added in one year of 2020. Trump outdoes Obama’s deficit in only one
Dollar melts down toward new lows. Tesla added to S&P, making the index even more overvalued. Exporting is a means to pay for importing.
Fed leaves interest rates unchanged. More stimulus checks and PPP on the way. State governments owe business owners compensation. Big move in silver and bigger
Doordash and Airbnb go public with successful IPO, despite never making a profit.