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 | Charleston Voice |
| Banker Gold Price Suppression Currency Manipulations Have Persisted for 50 years |
| This 1967 meeting of the FOMC nearly 46 years ago is clear and indisputable evidence of gold price suppression and currency manipulation of the world's "free" and "open" market exchanges.
This criminal cabal has certainly built up their mechanisms since this time to conceal their sinister scheme from issuing dishonest money. It's blatant now and all of "in your face" is their behavioral response to inquiry. Damn the torpedoes, full steam ahead.
If you find this too cumbersome to read, the FedSaturday, February 27, 2021 |
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 | Mish - Global Economic Analysis |
| Goldilocks vs the Bears: Is She in the Room or Out of the Room |
| Let's investigate belief in Goldilocks vs belief in Bears.
John Rubino at DollarCollapse says A Bull Market For The History Books — Bear Market To Follow Shortly.
Why the current expansion/bull market has so long is open to debate. What’s undeniable, though, is the vast amount of malinvestment that has accumulated. The biggest example might be corporations borrowing hundreds of billions of dollars to buy back their stock at record high prices. See Record Buybacks at Worst Possible Time. If thosTuesday, March 13, 2018 |
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 | Alasdair Macleod - Finance and Eco. |
| A Roman lesson on inflation |
| “While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover ClevelandThe point President Cleveland made back in the 1880s was that individuals and vested interests had no rights to preferential treatment by a government elected to represent all. For if preference is given, it is always at the expense of others.Those days are long gone, and the last president to take this stance was Calvin Coolidge in the 1920s. He was follFriday, February 23, 2018 |
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 | Andy Hoffman - Miles Franklin |
| Did The Office Of Management And Budget Just Throw In The Towel |
| At some point you really have to begin to wonder if the U.S. government has simply given up on the idea of even pretending to have any sort of fiscal plan.
It’s almost as if they’ve stopped trying to even bother to maintain the appearance of solvency, and are just wondering how long it will take before the market notices and ends the charade.
A quick review is that the publicly stated debt is now over $20 trillion, with unfunded liabilities like Social Security and Medicare raising the real totaFriday, February 23, 2018 |
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 | Michael Pento - Delta Global Advisors |
| Four Percent 10-year Note Yield Will Be a Floor No... |
| The two most important factors in determining the level of sovereign bond yields are the credit and inflation risks extant within a nation. When determining a country’s ability to service its debt investors must analyze not only the absolute debt level, but also the ratios of debt and deficits to GDP. In addition, the current rate of inflation must also be viewed within the context of debt in order to make an accurate assumption as to the level of future inflation.
When analyzing historical measWednesday, February 21, 2018 |
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| Andy Hoffman - Miles Franklin |
| The Right Question… |
| Last week I mentioned that my grandson Josh (Andy’s boy) was accepted at McGill University in Montreal, the University of Indiana’s business school and the University of Michigan. He is interested in pursuing a degree in business and is taking all the requisite (advanced) classes in economics.
He called me yesterday and asked me, “Which Fed Policy would be better, Quantitative Easing or Tapering and what can be done to make things better?” Geese Louise! When I was his age the only question I Wednesday, February 14, 2018 |
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| Mish - Global Economic Analysis |
| Debate Over Food Inflation: What's the Real Story |
| Is food a bargain or are prices rising far faster than the BLS says they are?
The above image is from the Visual Capitalist via ZeroHedge a Decade of Grocery Prices for 30 Common Items.
Is the chart accurate? I have no reason to believe otherwise.
In fact, it supports my contention that food is a bargain.
Annualized Rate of Inflation
16 of 30 Items Annualized Inflation Under 2%
16 of the 30 items listed by the Visual Capitalist have prices rising less than 2% per year.
Foods that Store Easily
NMonday, February 5, 2018 |
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| Mish - Global Economic Analysis |
| The Verge of "Overheating" Labor Market in Pictures |
| Economist Mark Zandi fears the tight jobs market may "overheat". In the Beige Book, the word "tight" came up 31 times.
Ahead of the last jobs report, Mark Zandi, chief economist of Moody’s Analytics, offered this amusing comment as noted by ADP: “The job market ended the year strongly. Robust Christmas sales prompted retailers and delivery services to add to their payrolls. The tight labor market will get even tighter, raising the specter that it will overheat.”
For further discussion, please Monday, January 22, 2018 |
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| Mish - Global Economic Analysis |
| CPI Up 0.1 Percent: How Much is the CPI Understated |
| The BLS says the CPI is up 0.1% for the month and 2.1% from a year ago. What's the real story?
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in December on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.1 percent before seasonal adjustment.
An increase of 0.4 percent in the shelter index accounted for almost 80 percent of the 1-month all items increase. The food index rose in DThursday, January 18, 2018 |
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| Mish - Global Economic Analysis |
| Economists Think Inflation Will Rise Sharply in 2018: They're Wrong |
| Let's investigate six reasons economists think inflation is about to pick in 2018 and why I think they are dreaming.Reason Number One - Wage Hikes
Minimum wages rise in 18 states starting in 2018.
Former Fed Vice-Chairman Stanley Fischer told Bloomberg TV on October 4, “I still believe we will have higher inflation. The basic mechanism here is unemployment is declining all the time, wages will start going up at some stage.”
Wage Hike Rebuttal
The National Bureau of Economic Research paper: MiThursday, January 4, 2018 |
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 | Deepcaster |
| The Key to Profitably Ending Precious Metals Price Suppression And Other Markets Manipulation! |
| DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical IntelligenceHere we Reveal the heretofore unacknowledged Necessary (but not entirely sufficient) Condition for Profitably (to Investors) ending Precious Metals Price Suppression and other Markets Manipulation.Even some of the Mainstream Media have now finally acknowledged that the private, for-profit, Federal Reserve-led Globalist Friday, November 24, 2017 |
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| Mish - Global Economic Analysis |
| How Many Uber and Lyft Drivers Will Lose Their Jobs All of Them |
| Uber will buy 24,000 autonymous Volvo cars in 2019-2021. Nearly every driving job will vanish, faster than most think. Bloomberg reports Uber Expands Driverless-Car Push With Deal for 24,000 Volvos.
Uber Technologies Inc. agreed to buy 24,000 sport utility vehicles from Volvo Cars to form a fleet of driverless autos, a signal that the company remains committed to autonomous cars under newly appointed Chief Executive Officer Dara Khosrowshahi.
Uber’s order steps up efforts to replace human drivTuesday, November 21, 2017 |
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| Deepcaster |
| Profit, Protection, Despite Cartel Interventions—November 2017 Update |
| Governments love [the war on cash]. Then they can control you...we are not going to have as many freedoms as we have now ...get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.“…the next time aroWednesday, November 1, 2017 |
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| Mish - Global Economic Analysis |
| Hooray! Your Real Earnings Declined in August |
| The BLS Real Earnings Report for August shows your average earnings decreased 0.3% for the month due to a rise in the CPI coupled with no wage gains.
Those who cheer declining purchasing power (notably Econoday), have even more good news to cheer about. Thanks to a 0.3% decline in the workweek, the average person is effectively taking home 0.6% less in August than July.
What could possibly be better other than even more inflation?
Current and Real Earnings, Private Nonfarm Employees
ProductioFriday, September 15, 2017 |
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 | Mark O'Byrne - gold.ie |
| Must See Charts – Gold Hedges USD Devaluation, Rise in Oil, Food and Cost of Living Since Nixon Ended Gold Standard |
| – Gold hedges massive ongoing devaluation of U.S. Dollar
– 46th anniversary of ‘Tricky Dicky’ ending Gold Standard (see video)
– Savings destroyed by currency creation and now negative interest rates
– Long-term inflation figures show gold a hedge against rising cost of fuel, food and cost of living
– $20 food and beverages basket of 1971 cost $120.17 in 2017
– Household items increased by average of 2000% and oil by 5,373% since 1913
– Gold gained 5,669% since 1913; by nearly 3,000% since 1971
Thursday, August 17, 2017 |
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 | George F. Smith - Barbarous Relic |
| The Return of Sound Money |
| On Sunday evening, August 15, 1971, President Nixon told the American people the U.S. would “suspend temporarily the convertibility of the dollar into gold or other reserve assets” as a means of defending the dollar against “the speculators.” This was one part of his New Economic Policy, a phrase borrowed from communist Vladimir Lenin, which included a 90-day freeze on prices and wages, and a 10 percent tax on imports. Gary North points out that Barron’s editor Robert Bleiberg, in a 1974 speecWednesday, August 16, 2017 |
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| Mish - Global Economic Analysis |
| Producer Prices Unexpectedly Decline |
| The Producer Price Index (PPI) for final goods unexpectedly declined in July. The PPI fell 0.1% as did the core PPI which excludes food and energy. THe Econoday consensus expected a 0.1% gain.
Lack of inflation has been the issue this year but July’s producer price report raises new concerns, that is disinflation. Headline prices fell an unexpected 0.1 percent with the less food & energy reading also at minus 0.1 percent and the less food, energy & trade services no better than unchanged. Year-Thursday, August 10, 2017 |
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| Andy Hoffman - Miles Franklin |
| Why Bitcoin Will Make Gold And Silver Go Up, PT ll |
| Ho hum. Another first Friday of the month, and another fabricated “jobs” report with not a shred of correlation to real economic activity. Like, for instance, the completely ignored fact that – as I have discussed ad nauseum – the BLS’ “birth-death model”; which as we recently learned, accounts for 93% of all new “jobs” since the 2008 crisis; is based on the creation of unreported jobs at small businesses. This, despite the “inconvenient truth” that more small businesses have “died” since 200Saturday, August 5, 2017 |
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| Andy Hoffman - Miles Franklin |
| The Fed’s Vicious, Self-Created Catch 22-All Roads Lead To “Scarcity Assets” |
| It’s Friday morning, just before the B(F)LS, or Bureau of (Fraudulent) Labor Statistics publishes the second quarter GDP report. Incredibly, despite hard economic data consistently worse than the previous two quarters – which, at 1.7% (doubly seasonally adjusted and all), sported the lowest two quarter rate since the 2008-09 Financial crisis – “expectations” are for a 2.6% increase. I mean, how do all those zero and negative retail sales, industrial production, construction activity, factory orSaturday, July 29, 2017 |
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| Mish - Global Economic Analysis |
| BLS Reports Net Negative Inflation for 5 Months: Anyone Believe That |
| Today the BLS reported the CPI was flat. The Econoday consensus was for a 0.1% rise.
Over the last five months, the CPI is -0.1%. Over the last four months, the CPI is -0.2%.
In what is one of the very weakest 4-month stretch in 60 years of records, core consumer prices could manage only a 0.1 percent increase in June. This is the third straight 0.1 percent showing for the core (ex food & energy) that was preceded by the very rare 0.1 percent decline in March. Total prices were unchanged in theFriday, July 14, 2017 |
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