Archive for July 2020
What Are Precious Metals Telling Us?
Metals broke out last week. Gold rallied 5.58% while silver advanced nearly 18%. I believe this move is largely related to the extremely easy monetary policies currently being pursued by the Federal Reserve. Historically speaking, gold prices reflect the true rate of inflation. Silver prices are also correlated to the inflation rate although more loosely…
Read MoreLots of Americans Are Moving – Here’s Why
There is an interesting phenomenon taking place around the country presently. It’s one that I believe will continue to intensify. People are moving from high tax states to lower-tax states and from the city to the country. In a recent blog post, past RLA Radio guest, Mish Shedlock noted that it now takes three weeks…
Read MoreSlouching Toward 1929?
Here on this blog each week, I like to present evidence as to where the financial markets and economy may be going in light of the extreme economic conditions that now exist. We can learn much about where we are headed economically and financially by studying similar times in history. That’s the focus of this…
Read MoreBanking Failures and Rising Prices?
As I note in this month’s “You May Not Know Report” which will be mailed to clients in about one week, there are two schools of thought as to where the economy and financial markets go from here given that debt levels are extreme and money creation is off the charts. Those analysts who believe…
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