May 09, 2022
Federal Reserve officials expect to hike rates roughly six additional times this year, bringing its benchmark Fed Funds Rate to nearly 2%. In May the central bank raised the Fed Funds Rate by ½%. Can they proceed with their goal without a recession?
Dec 10, 2021
One is wise to sell on the rumor of bad news and buy on the fact. Gold is approaching a year of consolidation on the rumor of Fed tightening and a rate hike. Next week the Fed is expected to increase its bond purchase taper and hint of rate hikes.
Aug 17, 2021
Progressive Governors in New York and California have had trouble and could be replaced by more conservative governors. The Republicans could take the House in 2022 and the White House in 2024
Apr 15, 2021
If the money supply is increased by 100%, prices will inevitably rise approximately 100%. Milton Friedman (1972), and Batini, Nelson (2001) published studies showing an 18 month time lag from an increase in money supply and the peaking of inflation.
Jan 29, 2021
Several Israeli government officials have said if U.S. returns to the JCPOA agreement Israel will go it alone against Iran. In 2015 a Joint Comprehensive Plan of Action (JCPOA) was agreed upon.
Jan 27, 2021
Many conservatives have become disillusioned with politics. However, peace of mind does not come from emotions or reliance on people. Peace comes from knowing the truth and faith in the final outcome in history.
Jan 19, 2021
Central bankers are planners who believe they know better than free markets. Central banks have trapped themselves. It is a trap with no escape, without causing a major economic crash. Boom and bust cycles can be delayed, not stopped.
Dec 23, 2020
Professor Steve Hanke, Johns Hopkins University, believes commodities are seeing a long-term bull supercycle. Supply is very constrained, and inventory is low, as the economy starts kicking in, commodity prices go up as you start a supercycle.
Nov 05, 2020
The market likes a divided government. If the Democrats take the white house, the Republicans still hold the Senate. A Joe Bidden administration will not be able to pass a Green New Deal or raise taxes, without control of the Senate.
Oct 26, 2020
During a virtual rally with supporters, the Democratic presidential nominee, 77 year old Joe Biden forgets President Donald Trump's name.