Bix Weir, Mike Maloney and David Murrin Friday PM 6-10-2022
ALERT! Silver Ready to Scream Higher from INFLATION EXPLOSION!! (Bix Weir)
6-10-2022
The Good Guys are going to show us just how painful INFLATION is over the next few months.
Tomorrow morning starts the HYPER-INFLATION portion of the Global Monetary Games!
Imagine $15/gal gas and 20%+ CPI come September with the Fed Funds Rate at 2%....THE WORLD IS ABOUT TO LEARN A VERY VALUABLE LESSON!!
INFLATION ALERT - Is It Here To Stay? What Next?
Mike Maloney: 6-10-2022
The latest inflation numbers are out and have startled investors around the world.
In this latest update Mike Maloney answers the question “Is this over with yet? Are we going to see more high inflation month after month?”
David Murrin: The Fed Needs to Own Up to What it has Blown Up
Palisades Gold Radio: 6-10-2022
The United States has been in decline since the beginning of this century. We're seeing more liberal policies, and we're seeing things unravel socially and politically. David discusses how China has shifted policy to become independent from the West.
The consequences could be severe because the West is far behind in manufacturing. China is trying to become a consumer nation, and currently, they are using excess manufacturing capacity for consumer goods and weapons.
David explains the differences between lateral and linear ways of thinking. We've had an abundance of linear thinkers who is less flexible but useful in times of stability.
The world of finance is dominated by linear thinkers, and we see how that approach is working with inflation. Kondratieff cycles are composed of 52-year cycles that move from peak to bottom over 26 years. This cycle started around 2000, and he believes a collapse in demand is imminent .
He believes the dollar will sell off and enter a final declining cycle. The dollar is going to lose favor against the Euro in a profound way as capital flees.
We're looking at a collapse of a magnitude that is hard to comprehend as a hundred years of policies correct.
He explains the differences between the debts of the United States and China. The U.S. is far more vulnerable than China as China has invested in actual production capacity.
Lastly, he explains the psychology of markets and the importance of price. Investors need to analyze both their successes and failures because they may have just gotten lucky.
Time Stamp References:
0:00 - Introduction
1:19 - American Hegemony
4:56 - Eastern Planning
7:14 - Economic Consequences
10:36 - Lateral Vs. Linear
15:47 - Kondratieff Cycles
21:18 - Alpha & Beta Models
25:24 - Dollar Outflows & Rates
29:42 - Resource Underinvestment
31:26 - Doomsday Bubble
34:45 - Debt Jubilee?
40:00 - Commodities & Inflation
41:24 - China Vs. U.S. Debt
43:25 - Protecting Yourself
44:50 - Market Psychology
50:33 - Thinking Clearly
53:05 - Wrap Up