Economist's "Thoughts and Opinions" Tuesday 5-11-2021
Gareth Soloway: Measuring the Move to $2900 Gold
Palisades gold Radio: May 11, 2021
Gold looks very promising especially considering that markets trade-off fear and greed. Gareth is very bullish on gold due to interest rates and inflationary pressures. He believes gold will move sharply higher and provides several specific price targets based on its 2011 move.
Gareth discusses Janet Yellen's recent talk of possibly raising interest rates and why any such rise will likely be limited. The Fed will be forced to cap at two or three percent regardless; the next few years will likely be crazy.
The next breakout in silver should come soon based on recent price action. However, he would be concerned if we break below the lower trendline. The dollar is still holding support, but it's testing the bottom of its trend. It seems possible that it will break through that support. A breakdown in the next couple of weeks could send the dollar to the 85 levels.
The FED is Overstaying Their Welcome and There Will Be a Price to Pay - Peter Boockvar
Jay Martin Cambridge House: May 8, 2021
Keiser Report | No One Expects Plucky | E1695
May 11, 2021
In this episode of the Keiser Report, Max and Stacy look at the chip shortages hitting manufacturing and note that some of this supply shock is due to manufacturers having taken the obvious decision to cut back on orders with the assumption that consumers would cut back during a global lockdown . . . little did they expect the avalanche of money printing!
In the second half Max interviews John Titus about his freedom of information request to the Federal Reserve.