Posts Tagged ‘John Williams’
Inflation Heats Up, Are Price Controls Coming
The big economic news the week before last week was the big decline in US Treasuries. Last week, the big economic news was once again the big decline in US Treasuries. While the US Dollar Index is higher once again this week, as I discussed last week, it’s important to remember that this…
Read MoreRetirement Delayed?
As I have suggested previously, the economic climate and the policy response to COVID (massive money creation) will change the perspective that many Americans have about retirement. An article published by the Foundation for Economic Education (Source: https://fee.org/articles/survey-1-in-3-americans-to-postpone-retirement-after-lockdowns/) last week reported on the results of a survey that found one in three American workers…
Read MoreFlashback to the 1970’s?
One of the most obvious economic stories remains inflation. As I discuss on the RLA Radio program this week with guest Karl Denninger, there is a time lag between money creation and the onset of inflation. Money creation began in earnest last year in response to COVID as stimulus packages were passed and helicopter money…
Read MoreInflation and the Price of Gold
As noted last week, stocks looked extended. Stocks look even more extended this week. Gold and silver are beginning to look more bullish and despite a bad week for US Treasuries, we remain technically bullish on the long bond for now. As I have been warning for a long time, the Fed’s money creation policies…
Read MoreInflation or Deflation?
My view remains that many markets are very extended here and a price correction at some point is inevitable. To this point in time, the Fed’s easy money policies have kept price bubbles moving higher and these markets could continue higher for a bit longer, but at some future point, the prediction made by Thomas…
Read MoreImminent Inflation?
Stocks had another big rally week. The major indices have now gained nearly 6% over the past two weeks. A pullback in price after such a big up move would be typical. As I noted on the Headline Roundup Webinar last week (replay available on the app, search YourRLA at the app store), gold prices…
Read MoreWhat 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 MoreDevaluation
Last week, theUS Dollar Index finished lower in what was a pretty good week for markets in general. It’s important to keep in mind that the US Dollar Index measures the purchasing power of the Dollar relative to the purchasing power of the currencies of the six major trading partners of the US. It does…
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