Thanks to Powell’s mistakes, price inflation is supercharged, and even he admits it could take years of economic stagnation or decline to… by Ryan McMaken of Mises Institute When asked about price inflation in his Sunday interview with 60 Minutes, President Joe Biden claimed that inflation “was up just an inch … hardly at all.” Biden continued the dishonest tactic of focusing on month-to-month price inflation growth to obscure forty-year highs in year-over-year inflation. This strategy may yet w...

By Philip Aldrick, Libby Cherry, and David GoodmanBloomberg Newsvia Yahoo News, Sunnyvale, CaliforniaThursday, September 29, 2022 Britain is in a self-inflicted financial crisis, years in the making, that threatens to accelerate the economy’s dive into recession — and the country’s new prime minister is coming under intense pressure to blink. In the week since the government unveiled the biggest tax cuts since 1972 with scant detail of how they will be financed, the pound has crashed to its lowe...

By Julie ZhuReutersThursday, September 29, 2022 HONG KONG -- China's central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in offshore markets as it steps up efforts to stem the yuan's descent, four sources with knowledge of the matter said. State banks were told to ask their offshore branches, including those based in Hong Kong, New York and London, to review their holdings of the offshore yuan and ensure U.S. dollar reserves are ready to be deployed, ...

By Alasdair MacleodGoldMoney, TorontoThursday, September 29, 2022 Following the new Kwarteng/Truss economic policies revealed in last week’s mini budget for the United Kingdom, the widespread condemnation is a reflex Keynesian response from a world that has become hostage to erroneous economic and monetary groupthink in its major institutions. Kwarteng has jogged the global statist establishment out of its complacent drift into totalitarianism. His is a wake-up call to markets everywhere, a cata...

JavaScript is disabled You need to enable JavaScript to use SoundCloud Show me how to enable it published on 2022-09-29T13:39:14Z After Powell pulled a 180 from his July FOMC in order to stop “transitory” inflation, markets have fallen sharply. Now there are hints of trouble for the central bankers ahead. Where the heck do we go in October? Host Craig Hemke sits down with legendary natural resource investor Rick Rule to break down all the gold and silver news you need. You can check out all our ...

We will probably see open interest fall as gold speculators get annihilated… by Harvey Organ of Harvey Organ Blog //BANK OF ENGLAND REVERSES COURSE FROM QT TO QE CAUSES HUGE GAINS IN OUR PRECIOUS METALS: GOLD CLOSED UP $32.30 TO $1661.20//SILVER PRICE RISES 32 CENTS TO $18.81//PLATINUM ROSE $13.80 TO $864.80//PALLADIUM UP $79.65 TO $2157.65//MARGIN CALLS AND UK PENSION FUND CHAOS BEHIND THE BANK OF ENGLAND DECISION//FRA-OIS FLASHING RED INDICATING HUGE STRESS IN MARKETS////USA EXISTING HOME SALE...

Global markets now face a legitimate risk of systemic collapse. The Fed’s Strong USD Policy: A Recipe for Systemic ImplosionSeptember 28 (King World News) – Matthew Piepenburg, partner at Matterhorn Asset Management:  From Main Street USA to the village corners of Europe, Japan and elsewhere, the Fed’s strong USD policy is backfiring—big time. Having spent years creating the inflation (QE1 to unlimited QE, Repo bailouts, massive money supply expansion, and an historical wealth transfer from an i...

What do the banks know that we do not yet? by Dave Kranzler of Investment Research Dynamics I had an interesting dialogue with a couple of long-time colleagues about this commentary by Wall Street On Parade.  The Martens do an admirable job exposing the corruption on Wall Street, the Fed and Congress. But they exhibit a profound misunderstanding of the architecture of the global market for gold and silver. In the title to that article, the Martens suggest that “the typical safe havens of gold an...

The world is totally unprepared for the implications of the Energy Cliff on the global economy, financial system, and most asset values.  I spoke with Dave at Goldcore TV about the “Real Causes” of the global energy crisis.  While many believe this energy crisis is “temporary,” it’s not… it’s permanent. Why?  It has to do with the world oil industry now facing the Red Queen Syndrome.  Thus, the ability of the world’s oil industry to maintain oil production at such a high current level is becomin...

The financial crisis in 2008 was just a warm up… by Graham Summers of Gains, Pains, & Capital The single most important asset in the world is the $USD. The $USD is the reserve currency of the world. It is involved in ~95% of all currency transactions globally. Moreover, it is used in 85% of all global trade. As the New York Fed notes, the $USD is used in HALF of all cross-border loans/ international debt securities. It also comprises 60% of global foreign exchange reserves. Put simply, MOST ...

By Lawrie WilliamsSharpsPixley.com, LondonTuesday, September 27, 2022 If one reads all the headlines about gold, one could be forgiven for thinking that 2022 has been a pretty disastrous year for those banking on the yellow metal to preserve their wealth. This is indeed the case for gold holders in the United States, here the gold price has declined around 9%, although that is less than half that seen in most U.S. equities since the beginning of the year -- even more in the NASDAQ stocks. But in...

Here is the elite’s terrifying blueprint for the future. THE ELITE BLUEPRINT FOR THE FUTURESeptember 28 (King World News) – Joe Doran:  “Clean” Energy isn’t clean. The emissions and impacts on the environment of making EVs, wind turbines and solar panels and associated equipment is an enormous cost often hidden by tallies of the supposed benefits of these technologies. They can’t scale to provide equivalent amounts of energy as current systems, even with enormous expenditures and environmental i...

The momentum of franchise success and centralization of power are fatal…  by Charles Hugh Smith via Of Two Minds The momentum of franchise success and centralization of power are fatal. Loonshots are like moonshots, only crazier and trickier to commercialize. Author Safi Bahcall titled his book on how to nurture change-the-world innovations Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries. But as Bahcall persuasively argues, loonshot innovations ar...

“…have your cryptos in your own possession…” by Bix Weir of Road to Roota It’s the DERIVATIVES dummy! Volatility in a historically non-volatile market, like the Foreign Exchange (FX) market, is a disaster for the derivative markets! Yes, there will be huge winners…but with every huge winner there are huge losers! THERE ARE MANY DERIVATIVE PLAYERS THAT LOST HUGE IN THE UK POUND FLASH CRASH!!

Get ready to go long gold, commodities, and cryptocurrency: A 200-year gold bull era lies ahead… by Stewart Thomson of Graceland Updates 1.   Since early March of this year, “King Dollar” has fared incredibly well against almost every asset. 2.   Please click here now. Double-click to enlarge.  Horrifically, the only asset the dollar is failing against… is the one the US government promised the dollar would annihilate, the ruble! 3.   I’ve repeatedly cautioned gold bugs that gold is unlikely to ...

In addition to gaining full access to all SRSrocco Report public and Silver Member content, Gold members will be privy to 1-2 Gold Member posts per week in the SRSrocco Report Gold Vault on the topics listed below.  Gold Members will also receive deeper layers of analysis on the content provided to Silver Members and the general public. Your Gold Membership will give you first-rate, up-to-date summaries of what’s trending in the fields below, including “My Type of Analysis” SRSrocco’s trademark ...

9p ET Tuesday, September 27, 2022 Dear Friend of GATA and Gold: Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, says the stock market crash the Federal Reserves seems to be determined to induce will crash gold and all asset prices in a "liquidity squeeze" before the Fed reverses course on interest rates. Hemke's analysis is headlined "Crash Watch Becomes Crash Warning" and it's posted at Sprott Money here: https://www.sprottmoney.com/blog/Crash-Watch-Becomes-Crash-Warning-S...

Almost everything except the dollar, real yields and the Fed’s hawkish monetary policy, which are all connected, suggests gold & silver are going much higher… by David Brady via Sprott Money Almost everything but the dollar, real yields, and the Fed’s hawkish monetary policy, which are all connected, suggests Gold and Silver are going much higher in price. If and when the Fed pivots, the fuel for a massive rally in precious metals and miners will ignite. Until then, the risk remains down. Th...

Today 50 year market veteran James Turk said a lack of money printing is collapsing markets. September 27 (King World News) – James Turk:  The Federal Reserve just released its August calculation of M2, which measures the quantity of dollars. There was little change from the previous month and that is the key point. It is becoming clear, Eric, that the Federal Reserve is taking an untested approach in its attempt to try controlling inflation. And it comes with risks that could collapse this hous...

It’s not really a gamble to buy gold stocks… by Peter Schiff of Peter Schiff Podcast Fed’s Feigned Inflation Resolve Lifts Dollar and Sinks Stocks – Ep 843 · Huge job losses will lead to imploding earnings and exploding debt service costs.· Gold proving to be an excellent store of value in many currencies.· Fed will pivot to postpone financial crisis FULL SHOW NOTES AND LINKS HERE