Michae Gayed, SRU and Arcadia Economics Sunday Afternoon 3-28-2021
.Is market really crashing in April? What would cause it? Watch these signals - Michael Gayed
Kitco News: Mar 26, 2021
Michael Gayed, portfolio manager at Toroso Investments, spoke to Kitco News about warnings signals of a market correction.
"I do think that the conditions are are starting to worsen, favoring some potential accident in the stock market," Gayed said.
Is market really crashing in April? What would cause it? Watch these signals - Michael Gayed
Kitco News: Mar 26, 2021
Michael Gayed, portfolio manager at Toroso Investments, spoke to Kitco News about warnings signals of a market correction.
"I do think that the conditions are are starting to worsen, favoring some potential accident in the stock market," Gayed said.
0:00 - Market crash in April?
2:02 - Higher taxes?
5:05 - Fed has destroyed stores of value
8:00 - Gold vs inflation
10:29 - Fed has brought out the worst in humanity
12:40 - Interest rate hike?
15:38 - Indicators for market crash
Silver Report Uncut
77% Of Americans Are Worried About Inflation, BofA Survey Shows 93% Of Investors Are Worried Too
Mar 28, 2021
A survey from data firm CivicScience shows more than three-quarters of American consumers are concerned about inflation. Between the lines: 42% of those respondents said they were "very concerned," which was more than double the share (17%) that said they were "not at all concerned."
The latest survey of global asset managers commissioned by Bank of America found that inflation is the number one risk for the market, A net 93% of investors in the survey said they expect inflation to rise in the next 12 months, the highest reading in the history of the survey, which dates back to at least 1995.
The fear of inflation is very present among consumers and regardless of what the Fed says they are likely dealing with higher food prices and higher gas prices.
The big story recently has been the supply chain disruptions and I have been considering whether the supply disruptions are the story being told to hide the rapidly rising prices following the Fed's money printing bonanza
Suez Canal remains blocked by ship, no end in sight
Arcadian Economics: Premiered 15 hours ago
As the supply chain is currently clogged in the Suez canal, will it affect Silver?
Peter Schiff - Fed Bankruptcies and Gold Backed Cryptocurrencies......Part 1 and 2
.Kitco News
Peter Schiff: Fed is trapped; will either bankrupt the government or the American people (Pt. 1/2)
Mar 25, 2021
The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.
“How does [the Fed] fight that inflation without bankrupting the U.S. government? The answer is it can’t.
My thinking is, if it can’t fight inflation without bankrupting the U.S. government, it won’t fight the inflation, which means it bankrupts the public because it destroys the value of the dollar,” Schiff said.
Kitco News
Peter Schiff: Fed is trapped; will either bankrupt the government or the American people (Pt. 1/2)
Mar 25, 2021
The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.
“How does [the Fed] fight that inflation without bankrupting the U.S. government? The answer is it can’t.
My thinking is, if it can’t fight inflation without bankrupting the U.S. government, it won’t fight the inflation, which means it bankrupts the public because it destroys the value of the dollar,” Schiff said.
0:00 - Next financial crisis?
13:20 - End of the U.S. dollar?
21:00 - Emerging markets
28:30 - Gold price and monetary policy
35:10 - Commodity price outlook
Kitco News
Peter Schiff says this is the only cryptocurrency that makes sense (Pt. 2/2)
Peter Schiff has been a vocal opponent of Bitcoin, but in an interview with Kitco News on Wednesday, he said there is a form of cryptocurrency that he could potentially support.
The chief market strategist of Euro Pacific Asset Management told Kitco News that a “legitimate” cryptocurrency is a gold-backed token that could replace fiat currencies in utility.
0:00 - Why is Peter Schiff's son invested in Bitcoin?
4:46 - People who have changed their minds on Bitcoin
9:00 - Gold vs. Bitcoin
11:14 – "The only cryptocurrencies that would make sense"
"The Mega Debt Bubble Reset" by Francis Hunt 3-26-2021
.Francis Hunt: The Mega Debt Bubble Reset
Palisades Gold Radio: Mar 26, 2021
Tom welcomes a fascinating new guest to the show, Francis Hunt "The Market Sniper." Francis discusses how gold is acting as the bellwether for the collapsing global economy.
Gold and silver will soon be unleashed, not unlike the recent major moves in palladium and rhodium. A lot is happening behind the scenes that will affect precious metals, and he looks closely at the macro picture surrounding the markets and bonds.
Paul Volker was able to bring inflation under control during the early 80s. Since then, yields have steadily stair-stepped down, and we're effectively below zero today.
Every time they create money, they make additional debt, and now we have a mega-debt bubble.
Francis Hunt: The Mega Debt Bubble Reset
Palisades Gold Radio: Mar 26, 2021
Tom welcomes a fascinating new guest to the show, Francis Hunt "The Market Sniper." Francis discusses how gold is acting as the bellwether for the collapsing global economy.
Gold and silver will soon be unleashed, not unlike the recent major moves in palladium and rhodium. A lot is happening behind the scenes that will affect precious metals, and he looks closely at the macro picture surrounding the markets and bonds.
Paul Volker was able to bring inflation under control during the early 80s. Since then, yields have steadily stair-stepped down, and we're effectively below zero today.
Every time they create money, they make additional debt, and now we have a mega-debt bubble.
The market will break when investors, pensions, and firms stop wanting to hold bonds. Governments live beyond their means, and the only way to manage the debt is to continuously lower interest payments.
We are at the end-game for this debt cycle.
Recently real yields have had some huge moves in percentage terms. Francis explains what to watch for when markets are reaching the end of their cycles. March 2020 was likely the most extensive economic off switch in history and was the final capitulation for many investors.
It signaled the bottom for precious metals and several other commodities. Inflation appears in assets first, and he shows how the broader equities have been steadily moving upwards.
Money wants to find a home in assets, and soon inflation will appear in real-world goods and services. Technology has been deflationary for the past forty years, but we are now seeing essential commodities rise. He is calling for three-digit oil again in the next few years as inflation escalates.
Francis points to the many commodities that are breaking out or doubled during a depressed locked-down market and asks what will happen when the economy starts to pick up.
Gold and silver are the ultimate anti-debt and anti-fiat assets. He believes we are nearing another more powerful leg-up in the precious metals.
He encourages investors to understand the nature of the game and defend yourself and your family.
Time Stamp References:
0:00 - Introduction
0:35 - Metal Demand 2020/2021
2:37 - 10 Year Treasury Yield Chart
9:40 - End of the debt-cycle
13:50 - Recent Yield Volatility
16:42 - March 2020 - Debt Event
18:09 - PM's and Portfolio Weighting
21:40 - IShares ETF Treasury Chart
24:40 - Inflation & Buying Power
27:45 - Real-World Good Inflation
31:13 - Uranium, Energy, & Oil
35:10 - Global Debasement
38:38 - CPI & Globalism
40:10 - Quadruple Digit Silver
43:00 - Gold to Turkish Lira Chart
45:31 - Palladium Chart & Mines
46:50 - Platinum Chart & Demand
47:50 - Rhodium & Copper Charts
49:00 - Lockdowns and Spending
50:40 - Gold & Silver Suppression
53:16 - Gold/Silver Ratio
58:50 - Another PM Leg Up
1:02:33 - Single Digit GSR
1:04:48 - Confiscation & Taxation
1:10:14 - First Majestic & Miners
1:13:45 - A Positive Message
Talking Points From This Episode - Gold and the collapsing global economy. - Inflation, real yields, and governments are running out of time. - Commodities breaking out and hyperinflation. - Protecting yourself and your family during a debt crisis.
Gold Vs. The Stock Market
.Gold Vs. The Stock Market
Notes From The Field By Simon Black
March 16, 2021 Sovereign Valley Farm, Chile
More than 3,000 years ago in the early 12th century BC, Greco-Roman legend tells us of a mythical pair of monsters located in the Strait of Messina in southern Italy. The monsters were named Scylla and Charybdis. And both Homer’s Odyssey and Virgil’s Aeneid describe the terror of sailors who came into contact with them.
Scylla was on one side of the Strait, and Charybdis on the other. But because the Strait is so narrow, it was impossible for sailors to avoid both of the monsters, essentially forcing the captain to choose between the lesser of two evils. In Homer’s narrative, for example, Odysseus is advised that the whirlpools of Charybdis could sink his entire ship, while Scylla might only kill a handful of his sailors.
Gold Vs. The Stock Market
Notes From The Field By Simon Black
March 16, 2021 Sovereign Valley Farm, Chile
More than 3,000 years ago in the early 12th century BC, Greco-Roman legend tells us of a mythical pair of monsters located in the Strait of Messina in southern Italy. The monsters were named Scylla and Charybdis. And both Homer’s Odyssey and Virgil’s Aeneid describe the terror of sailors who came into contact with them.
Scylla was on one side of the Strait, and Charybdis on the other. But because the Strait is so narrow, it was impossible for sailors to avoid both of the monsters, essentially forcing the captain to choose between the lesser of two evils. In Homer’s narrative, for example, Odysseus is advised that the whirlpools of Charybdis could sink his entire ship, while Scylla might only kill a handful of his sailors.
So Odysseus chooses to sail past Scylla: “Better by far to lose six men and keep your ship than lose your entire crew.”
The story is a myth. But the idea of having to choose between two terrible options is very real. It appears that the Federal Reserve has landed itself in this position.
In its efforts to boost the economy during the pandemic, the Fed slashed interest rates so much that the average 30-year mortgage rate for homebuyers reached an all-time low of 2.65% earlier this year.
Similarly, AAA-rated corporate bond yields reached record low 2.14% last summer. The US government 10-year Treasury Note dropped to a record low 0.52%.
And the 28-day US government Treasury Bill rate actually turned negative for a brief period-- something that has never happened before. The effects of such cheap rates are obvious.
With corporate borrowing rates so low, the stock market has boomed. With consumers able to borrow money so cheaply, home prices have surged to an all-time high.
Yet in slashing interest rates to record lows, the Fed has essentially sailed right into the Strait of Messina. And they’re about to find themselves stuck between two monsters.
On one side of the Strait is the Inflation Monster, which grows stronger and more menacing with ever dollar the Fed conjures into existence.
Last year the Fed increased the supply of US dollars in the financial system (M2) by 26%-- the single largest annual increase since 1943.
The Fed has nearly doubled the size of its balance sheet in the last 12 months alone, and nearly 10x’d its balance sheet since the financial crisis of 2008.
In simple terms, the Fed ‘prints’ money (albeit electronically) and sprinkles it around the financial system.
This is a form of debasement, not much different than how ancient Roman emperors cut corners by reducing the purity of their gold and silver coins.
Historically speaking, debasing the currency eventually causes inflation.
There are famous historical episodes, like Zimbabwe, Venezuela, or the Weimar Republic, where the government’s endless money printing caused hyperinflation.
But there are countless ‘quieter’ examples of inflation-- like in Brazil, where inflation is now over 5%, or Turkey, where the annualized inflation rate is about 15%.
15% isn’t exactly hyperinflation. But it does make life pretty uncomfortable, especially when wage growth fails to keep pace. Every year people find themselves poorer and worse off.
Yet the Federal Reserve ignores these countless historic examples, recently claiming to Congress that relentless money printing will not cause inflation.
The Fed’s reasoning is that, because their money printing hasn’t caused inflation yet, it never will. This is pretty dangerous logic, given that rule #1 in finance is ‘past performance is no guarantee of future results.’
But I’ll come back to that in a moment, because on the other side of the Strait is the Market Monster.
Like the Inflation Monster, the Market Monster grows larger with ever dollar the Fed creates. It FEEDS on cheap interest rates.
Look at the US stock market: prior to the pandemic, the Dow Jones Industrial Average reached a record high of just over 29,000 points. Today, the market is more than 10% higher
And yet--
1. Corporate earnings are DOWN. The average Earnings per Share in the S&P 500 is 30.47% LOWER than prior to the pandemic.
2. Corporate revenue is also down. Yet corporate DEBT is substantially higher.
3. The US economy as measured by GDP is weaker. Consumer spending is still lower than before the pandemic. Unemployment is higher.
4. Government debt is hilariously out of control, and the new ruling party just announced that they want to raise taxes.
Lower profit, lower revenue, higher debt, higher taxes-- NONE of these trends should be favorable for stocks. Yet the market is UP, with the average Price/Earnings ratio in the S&P 500 now an incredible 40x.
The Fed knows that the strength of the stock market… along with the real estate and bond markets… is based on cheap interest rates.
They also know that if they raise rates, these markets could suffer a dramatic downturn.
So the Fed has two options to choose from, and neither is good: raise rates and cause markets to crash. Or, don’t raise rates, and risk inflation.
They’ve pretty much already told us they’re choosing inflation.
I’m not suggesting that the US is going to turn into Zimbabwe and suffer terrible hyperinflation.
But inflation levels similar to Brazil or Turkey are definitely possible. It happened before in the 1970s when inflation hit double digits-- and stayed that way for years.
And given the Fed’s refusal to acknowledge the slightest chance of inflation (heresy!), it makes sense to consider preparing for the possibility.
I would point out again that gold has a 5,000 year track record of performing well during times of inflation.
It’s also among the few major asset classes that’s NOT currently at a record high.
Unlike the stock market, which has reached an all-time high despite lower earnings and higher debt, gold is down 16% from its peak even though inflation expectations are the highest they’ve been in years.
On that basis, gold looks pretty undervalued.
To your freedom and prosperity Simon Black, Founder, SovereignMan.com
More News, Rumors and Opinions Thursday Night 3-25-2021
.TNT:
Cutebwoy: A parliamentary committee announces the inclusion of the Kurdistan Region in the petrodollar fund
Shafaq News / The Parliamentary Regions and Governorates Committee announced, on Thursday, that the Kurdistan Region will be included in the petrodollar fund within the general budget law for 2021.
The federal budget, in its version prepared for voting in Parliament, included an increase in the percentage of petrodollars that reached 5 dollars, as well as doubling the allocations for this sector from 500 billion to one trillion dinars, in order to be invested in the advancement of oil-producing provinces.
The head of the committee, Sherwan Al-Dubirdani, told Shafaq News, “The petro-dollar fund was allocated to the oil-producing provinces and the region, but he did not specify the amount, which may be 3-5 dollars per barrel of oil.”
TNT:
Cutebwoy: A parliamentary committee announces the inclusion of the Kurdistan Region in the petrodollar fund
Shafaq News / The Parliamentary Regions and Governorates Committee announced, on Thursday, that the Kurdistan Region will be included in the petrodollar fund within the general budget law for 2021.
The federal budget, in its version prepared for voting in Parliament, included an increase in the percentage of petrodollars that reached 5 dollars, as well as doubling the allocations for this sector from 500 billion to one trillion dinars, in order to be invested in the advancement of oil-producing provinces.
The head of the committee, Sherwan Al-Dubirdani, told Shafaq News, “The petro-dollar fund was allocated to the oil-producing provinces and the region, but he did not specify the amount, which may be 3-5 dollars per barrel of oil.”
Dubardani added, “The purpose of this fund is to support the southern and central governorates to benefit from the petrodollars, for the purpose of providing services to the people of the province.”
The head of the committee pointed out that “the funds allocated from the petrodollar fund will go directly to the oil-producing provinces and the Kurdistan Region.”
A parliamentary committee announces the inclusion of the Kurdistan Region in the petrodollar fund
************
Tishwash: Saeron confirms the presentation of a supplementary budget in the event of continued high oil prices
A member of the Alliance, Ali Al-Lami, confirmed that a supplementary budget will be presented in months, if oil prices remain at their current levels.
Al-Lami said in a statement that Mawazine News received a copy of, that "the current oil prices range from 65-70 dollars per barrel, which are fluctuating and unstable, meaning that they reduce and rise again within hours, but the general situation is that the decrease is not significant."
Al-Lami added, "If oil prices remain at their current levels, which are higher than the average oil price specified in the budget, after months the government will pay a supplementary budget because it will be an increase in revenues and will be distributed by the House of Representatives, as has been the practice in the past years where oil prices are rising.
He pointed out that "oil prices will remain unstable due to the repercussions of the Corona pandemic for a period of time, especially since its impact is direct and clear in the economies of most countries of the world, but in general, changes in prices, whether the rise or fall will not be significant in the short term
************
Courtesy of Dinar Guru
Frank26 No body knows when this is going to happen. It looks like it's here doesn't it? I will admit this is the closest I've ever seen it...the new small category notes IMO are coming out very soon at a 1 to 1 rate...didn't I say to you you'd see a plethora, a mountain, a pile, a cornucopia of nothing but articles about the exchange rate of the Iraqi dinar against the American dollar...
Pimpy Article: "We will oblige the government to restore the exchange rate of the dollar to what it was previously" What do they mean "previously"? Did they mean previously to the $3.22 rate? There's a lot of that chatter going on - Or to the one I was talking about which is 1190 dinars...my opinion it would be back to where it was before which is one dollar for every 1190 dinars. That's just my opinion. Could they be talking about the rate that it used to be at $3.22? People are trying to figure out what this means...
************
Thursday Night X22 Financial Report
Ep 2436a – People Are Going To Feel The Economic Thunder And Demand Change
The people are seeing the difference. When Trump first introduced the tax cuts it was to give the people a taste of what would be like to have more spending money. Now people will see the difference when [JB] introduces his tax plan. States are opening up and spending and the economy is bouncing back, just like Trump said. People are nervous about inflation, Gold, Bitcoin on deck.
Gold & Basel 3: Gold to Skyrocket?
Miles Harris: Mar 25, 2021
Gold Price New Highs Imminent, Investors Will Get Paid 'Huge' Says Lawrence Lepard
Stansberry Research: Mar 23, 2021
The Federal Reserve is out of tricks and the market smells inflation: “Of course we will have inflation, we are coming out of a pandemic… Ignore the man behind the curtain," market watcher Lawrence Lepard says, describing the Fed’s facile narrative.
Speaking on gold, he tells our Daniela Cambone, "It's ridiculous; gold should be at $5,000 dollars, but I want gold investors to know…. we are going to get paid and we will get paid huge."
Lepard adds, "but bullion banks are doing their thing and trying to sell at odd times."
Ray Dalio and Max Keiser Thursday 3-25-2021
.Kitco News:
Can the government confiscate your gold? E.B. Tucker on 'the war against your wealth'
Mar 21, 2021
Ray Dalio, co-chief investment officer of Bridgewater Associates, recently wrote that policy makers short on money will likely raise taxes and prevent capital flows into “other assets” like gold and Bitcoin.
E.B. Tucker, director of Metalla Royalty and author of “Why Gold, Why Now” said that the government already has the tools to do this.
“Everyone gets this idea that the [government] will raid your house and look for your gold. It’s not necessary.
Kitco News:
Can the government confiscate your gold? E.B. Tucker on 'the war against your wealth'
Mar 21, 2021
Ray Dalio, co-chief investment officer of Bridgewater Associates, recently wrote that policy makers short on money will likely raise taxes and prevent capital flows into “other assets” like gold and Bitcoin.
E.B. Tucker, director of Metalla Royalty and author of “Why Gold, Why Now” said that the government already has the tools to do this.
“Everyone gets this idea that the [government] will raid your house and look for your gold. It’s not necessary.
All you have to do is limit the ability to transact gold in the legal market, and then you assess an excise tax,” Tucker said.
0:00 - Gold confiscation
11:49 - Capital flows 16:35 - Wealth taxes
21:10 - Beating inflation
Keiser Report | The Death of Price Signals | E1675
Mar 25, 2021
n this episode of the Keiser Report, Max and Stacy look at the fact that the market can no longer react to price signals because all of the so-called ‘signals’ are now fake.
"The Currency Collapse Has Begun"...and more Wednesday Afternoon 3-24-2021
.Greg Mannarino: The Currency Collapse Has Begun | Economic Collapse Is Coming!!
I Love Prosperity: Mar 24, 2021
In this video we speak to one of my favorite commentators, Greg Mannarino.
Greg breaks down the currency collapse, the economic collapse, the precarious economic situation the world is in, his personal opinions on Yield Control, government debt, the future, and much more.
We also discuss his best investing advice, gold, silver, bitcoin, and how to play what's coming right now in the stock market and global financial system.
You don't want to miss this one!!
Greg Mannarino: The Currency Collapse Has Begun | Economic Collapse Is Coming!!
I Love Prosperity: Mar 24, 2021
In this video we speak to one of my favorite commentators, Greg Mannarino.
Greg breaks down the currency collapse, the economic collapse, the precarious economic situation the world is in, his personal opinions on Yield Control, government debt, the future, and much more.
We also discuss his best investing advice, gold, silver, bitcoin, and how to play what's coming right now in the stock market and global financial system.
You don't want to miss this one!!
The Currency Reset: Silver Will Skyrocket $100+ | Inflation Will Drive Gold & Silver! - Mike Konnert
I Love Prosperity: Mar 22, 2021
In this video we talk to Mike Konnert about Silver, Silver stocks & his belief that as government's continue to devalue currencies, you will see Silver prices skyrocket.
We discuss the huge effect that industrial demand can have on silver, and how this demand is much higher than it was in 2011. This should have a sustained impact on the Silver prices over the next decade, and send silver prices much higher.
Silver, Gold and Currency News Wednesday 3-24-2021
.Mike Maloney - Silver Stimulus to Come From Currency Catastrophe
Premieres Mar 23, 2021
The government recently announced a new stimulus program that could equate to as much as 4 trillion dollars, what will this mean for gold, silver, and inflation?
Mike Maloney - Silver Stimulus to Come From Currency Catastrophe
Premieres Mar 23, 2021
The government recently announced a new stimulus program that could equate to as much as 4 trillion dollars, what will this mean for gold, silver, and inflation?
Documentary | Financial System | Gold vs Dollar | How Money Became Worthless | Bretton Woods
Mar 7, 2021
End of the Road: How Money Became Worthless (2012). Economical Documentary on the international financial system, Gold, Dollar, Money. In 2008 the world experienced financial turmoil.
Markets crashed, stocks plummeted, and financial institutions thought to be invincible, collapsed.
Was the financial crisis solved or were the problems merely kicked down the road?
In 2008, the stock market crashed, and the evidence is clear that the global economy has not recovered completely more than a decade later. To recover from the financial shocks, bailouts and stimulus packages were used to speed up the financial rehabilitation.
Governments did what they felt was necessary to ensure that life as we know it could continue on the most familiar path possible. However, the question remains of whether the crash was just a symptom of a larger, more pervasive problem.
As one of the most powerful global political and economic players, the United States government has played and continues to play a critical role in what happens to the global financial system.
However, the country has established a pattern that may ultimately undermine the very structures it has influenced. As long as the government is able to maintain the high level of faith it amassed in the beginning, the status quo may remain unchallenged but as time progresses, this seems less and less likely.
The global economy took a turn to its current trajectory in 1971 with the "temporary" suspension of the gold standard.
It was then that the 1944 Bretton Woods Agreement was abandoned and money became the fiat currency it is today.
But what is the difference between money and currency? Why is it relevant to the average person? How can it even affect the average individual?
Understanding these details is important before anyone can begin to grasp why money was but is no longer "as good as gold."
It is key to understanding and anticipating how another stock market crash might come about and assessing and inferring from a personal standpoint how likely it is.
There are some who believe the financial system operates as just a giant Ponzi scheme, but as long as they meet everyday needs, does it really matter? Is the problem just at a point where it is in an endless loop that just feeds itself? What role does debt inflation play in all of this?
How much of the effects can the government really control and just how far are they willing to go to maintain this control?
Silver Report Uncut and Palisades Gold Tuesday Afternoon 3-23-2021
.Silver Report Uncut
Can They Even Stop Inflation If They Wanted? Gold Has Lost Momentum But Is It A Golden Opportunity
Mar 23, 2021
We need to talk about inflation and even hyperinflation in some Emerging market currencies.
So far, the fed has no plans to stop inflation but I wanted to examine if they can. One thing that happened with the Lira was in a state of hyperinflation and the nation has gone through 4 central bank governors in the past two years.
He decided to hike interest rates 200 bps and lost His job. I know the fed runs differently but fiat currencies do not and when Powell says he plans to allow inflation to run hot, it's possible He has no choice.
Silver Report Uncut
Can They Even Stop Inflation If They Wanted? Gold Has Lost Momentum But Is It A Golden Opportunity
Mar 23, 2021
We need to talk about inflation and even hyperinflation in some Emerging market currencies.
So far, the fed has no plans to stop inflation but I wanted to examine if they can. One thing that happened with the Lira was in a state of hyperinflation and the nation has gone through 4 central bank governors in the past two years.
He decided to hike interest rates 200 bps and lost His job. I know the fed runs differently but fiat currencies do not and when Powell says he plans to allow inflation to run hot, it's possible He has no choice.
Michael Gayed: Fed Has Destroyed All Stores of Value
Palisades Gold Radio: Mar 23, 2021
Tom welcomes returning guest Michael Gayed, Portfolio Manager at Toroso Asset Management, to the show. Michael is the author and publisher of the Lead-Lag Report.
Michael explains what most investors mean when they discuss risk on or off markets. There are leading historical indicators, and his whitepapers help investors understand where volatility will occur.
Everything is a leading indicator in some form, and interest rates drive the entire capital system.
He watches the behavior of utilities and treasuries to determine market conditions. They evaluate the signals every week and adjust their weighting, and they were able to avoid declines and get outsized returns last March.
Utilities are a unique sector, being both highly regulated and very highly levered. This makes utilities highly sensitive to changes in performance. They will often outperform because everything else is doing poorly. There has been a significant move from growth to value stocks and materials. Utilities may be beginning to bottom out, and lumber may have topped out.
If lumber begins weakening, the housing markets may weaken, as demand may be dropping. Many people believe stimulus will continue the melt-up, but often the market does the opposite of what the crowd thinks. There could be a counter-rally that will surprise a lot of people.
If we have inflation without inflation coming to wages, we will have more unrest and market uncertainty. There are genuine dangers to the system considering the wage gaps.
Copper is about industrial demand and infrastructure. He expects to see continued upward pressure on copper, and it seems like the cure for copper is higher prices.
He discusses yields and credit spreads and what to watch for in the treasury markets. Michael argues that the most sensible thing the Fed could do is to hike rates.
Controlling yields have all sorts of negative implications. He argues that rampant money printing and excess debt by the Fed only enrich the wealthy and bring out the worst in humanity. The very fabric of society is becoming at risk.
Time Stamp References:
0:00 - Introduction
0:32 - Risk On/Off Strategies
2:53 - Mutual Funds & Money Demand
5:40 - Utility Sector Sensitivity
7:46 - Current Market Indications
10:16 - A Deflationary Trade
12:22 - Inflation & CPI Metrics
14:23 - Hedging With Gold
15:55 - Copper & Commodities
17:07 - Yields & Credit Spreads
19:34 - Fed & Rising Rates
22:47 - Banks & Lending
24:15 - Australia & YCC
25:30 - Convertible Bonds
26:49 - 1.9 Trillion Stimulus
30:29 - Unintended Consequences
34:42 - Scarcity & Liquidity
39:48 - Stores of Value
41:52 - Concluding Thoughts
Max Keiser and The Silver Report Uncut Saturday 3-20-2021
.Keiser Report | All Bread, No Circuses | E1673
Mar 20, 2021
In this episode of Keiser Report, Max and Stacy look at the ‘grim’ data on the ‘exploding’ U.S. deficits and what the Congressional Budget Office forecasts over the next thirty years: more debt.
In the second half, Max interviews Michael Pento of PentoPort.com who takes a very, very different position to Stan Druckenmiller on the U.S. dollar.
Keiser Report | All Bread, No Circuses | E1673
Mar 20, 2021
In this episode of Keiser Report, Max and Stacy look at the ‘grim’ data on the ‘exploding’ U.S. deficits and what the Congressional Budget Office forecasts over the next thirty years: more debt.
In the second half, Max interviews Michael Pento of PentoPort.com who takes a very, very different position to Stan Druckenmiller on the U.S. dollar.
Silver Report Uncut:
Mike Burry Deletes His Twitter After SEC Visits About His Warning About Hyperinflation & Valuations
Mar 20, 2021
The Big Short Mike Burry announced He was deleting His Twitter after the SEC visited His office about His comments about hyperinflation
This seems like the problem may be so much worse than we know since they are showing up over people's conversations about the stability of the economy.
It is unclear and He did discuss taking a break previously but He did say the visit was related to Him speaking about a Weimar style hyperinflation from the Feds insane money printing
TNT, Bix Weir, Maike Maloney and more Saturday 3-20-2021
.TNT:
KMan: From Iraq Parliamentary Finance confirms approving the budget today Parliamentary Finance confirms to {Al Furat News} approving the budget today20/03/2020 09:41:48 The Parliamentary Finance Committee confirmed, on Saturday, the approval of the general budget law for 2021 today. A member of the committee, Shirwan Mirza, told {Al-Furat News} that "the issue of approving the general budget is certain today,"
KMan: Indicating that "all political parties agree on the approval and there are no obstacles to it." He continued, "It was agreed with the delegation of the Kurdistan region on all points of disagreement in a meeting last night." The Presidency of the Council of Representatives announced late last night to postpone the vote on the general budget to 5pm today, Saturday.
KMan: Let's pray this is really it this time. No more Charlie Brown moments....lol Like Tony keeps telling us, Iraq is done, we're waiting on the US Treasury to give the green light.
TNT:
KMan: From Iraq Parliamentary Finance confirms approving the budget today Parliamentary Finance confirms to {Al Furat News} approving the budget today20/03/2020 09:41:48 The Parliamentary Finance Committee confirmed, on Saturday, the approval of the general budget law for 2021 today. A member of the committee, Shirwan Mirza, told {Al-Furat News} that "the issue of approving the general budget is certain today,"
KMan: Indicating that "all political parties agree on the approval and there are no obstacles to it." He continued, "It was agreed with the delegation of the Kurdistan region on all points of disagreement in a meeting last night." The Presidency of the Council of Representatives announced late last night to postpone the vote on the general budget to 5pm today, Saturday.
KMan: Let's pray this is really it this time. No more Charlie Brown moments....lol Like Tony keeps telling us, Iraq is done, we're waiting on the US Treasury to give the green light.
NetGlobal: https://www.arabnews.com/node/1780686 This article is weird. It is date as 3/20/2021 but the article,says the the budget was approved on Monday. Yet, we know the budget has not been approved yet….. Oh, the article also has a date of 12/21/2020. Crazy
VinterV: Stay Tuned!!!!!
Courtesy of Dinar Guru
Jeff This is huge. Article: "Next Monday, the Supreme Court will begin implementing the Federal Court Law" You know I'm looking for the rate to change this coming Sunday the 21st. That's my opinion...They're talking about implementing the Federal Court Law next Monday...if this article is telling us the truth and they plan to implement the Federal Court Law that's been pending and outstanding since 2005...the only way they can implement the Federal Court Law next Monday is to change the rate on Sunday the 21st. This article is huge...
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KTFA:
Samson: Barzani congratulates the Kurds on Nowruz: a day that symbolizes freedom from subjugation and subordination
20th March, 2021
The Kurdish leader, Masoud Barzani, congratulated today, Saturday, the Kurds and those celebrating Nowruz.
Barzani wrote in a tweet on the Twitter microblogging site, "Let me wish the people of Kurdistan, as well as those who celebrate this holiday around the world, Happy Nowruz."
Barzani added; Nowruz symbolizes freedom from subjugation and subordination.
He expressed his "sincerely hope that the coming year will bring more peace, prosperity and tranquility for all." LINK
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Samson: Parliament plans to vote three landmark laws within the next two weeks
09:01 - 20/03/2021
Member of Parliament, Jawad Al-Mousawi, confirmed, on Saturday, the parliament’s intention to vote on three articulated laws during the next two weeks' session, the most prominent of which is the law to dissolve the House of Representatives.
Moussawi said in a statement to / the information / that "the political activity in the House of Representatives is unprecedented in its history as it attests to the readiness to vote on three pending laws during the next two weeks."
He added, "Today, the vote on the Federal Budget Law may witness and then devote themselves to voting on the Iraqi State Administration Law."
It should be noted that the House of Representatives will hold a session this morning to vote on the 2021 Budget Law, after it was scheduled for Friday evening. LINK
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Samson: Deputy: Today's session will be long and may extend for days
20th March, 2021
The deputy member of the legal committee, Representative Rizan Sheikh Dleir, confirmed today, Saturday, that the parliament session today will be long and may extend for days, while noting that the Kurds agreed with the Shiites to pass all paragraphs of Kurdistan.
"The remainder of the budget is only the legal wording of some of its paragraphs, and it has been agreed with the Shiite forces to pass the paragraphs on Kurdistan," Deler said in a statement to "Tigris".
She added, "Today's session will be long and may extend for several days until agreement is made on a specific formula to pass all the paragraphs drawn up by the Finance Ministry."
Dler indicated that "some forces threatened to boycott the sessions if the exchange rate of the dollar was not approved, which is a legitimate demand." LINK
ALERT! Silver Squeeze is Still On (Bix Weir)
Mar 19, 2021
All Silver Signs are pointing to a CONTINUED SILVER SQUEEZE as the Year on Year data has changed drastically!
Mike Maloney
If Stock Markets Crash, Won't Gold & Silver Follow? Should I Sell & Buy Later?
PremieredMar 18, 2021
In today’s video Mike Maloney, Jeff Clark and Adam Taggart cover one of the most common questions we hear: “If Stock Markets Crash, Won't Gold & Silver Follow? Should I Sell & Buy Later?”
Get their insights into this topic, along with the regular Tweet of the Day, Chart of the Day, Viewer Feedback….and an epic Meme of the Day. Enjoy.