Independent thinking for complex markets and current events
Peter Boockvar, Bleakley Financial Group, and Katerina Simonetti, Morgan Stanley, join ‘The Exchange’ to discuss the surge in gold prices, what’s behind the rally and more. The Summer of Central Bank Gold Buying Extends Into the Fall Central banks gobbled up gold over the summer and the buying spree has continued into the fall.
Poll finds almost half of Americans think our democracy is broken, that political opponents should be silenced, and that we should explore "alternative forms of government." This is exactly what the woke left has been fighting for: to divide us into warring tribes. pic.twitter.com/xrTxuSLF1b — Peter St Onge, Ph.D. (@profstonge) October 30, 2023
by TonyLiberty China’s population decline and Real Estate slump could lead to economic collapse per Geopolitical analyst Peter Zeihan. He believes that China’s collapse is imminent, with only 10 years remaining before potential disaster. He estimates that China’s actual population is lower by 100 million than what the government has officially reported. One of the …
https://t.co/3i8lURYf73 — Win Smart, CFA (@WinfieldSmart) October 4, 2023 What is going on with the US debt? There is currently no debt ceiling because former Speaker McCarthy suspended the limit until 2025 (foolishly). So Biden can borrow an unlimited amount of money. It went up $275 billion in ONE DAY. $442 billion in just two …
The Prime Rate is now 8.5%, the highest since it hit 9% in 2001. Prime hasn't exceeded 10% since the 1980s. Many loans are set at prime plus a premium. From 2008 to 2022 Prime was mostly 3.5%. The record high was 19.5% in 1981. I believe that the high this cycle will exceed 20%. …
via discern.tv (Zero Hedge)—As Peter Schiff explained in his podcast, that’s a big problem when the entire economy is built on a foundation of cheap money. But most people in the mainstream don’t seem to grasp the gravity of the situation. They don’t realize that we are at the beginning of the end of this whole …
Just 28% of GOP voters want more aid to Ukraine. McConnell reads that as "number one priority" 🤡 https://t.co/QMzpDzJoBM — Peter St Onge, Ph.D. (@profstonge) September 28, 2023 Most House Republicans vote to uphold Ukraine aid A majority of House Republicans rejected a series of efforts to cut back on funding for Ukraine on Wednesday, …
Peter Strzok calls for a special unit to protect FBI agents from Americans.pic.twitter.com/WyxPAvhCcC — Citizen Free Press (@CitizenFreePres) September 14, 2023
via SchiffGold: Oil prices continued to climb last week. Meanwhile, bond yields also continue to push higher. As Peter pointed out, one of the big reasons CPI came down so quickly was falling energy prices. People forget oil prices fell almost 50% from their peak, and that fall ended in May of this year. But …
WH press sec tells Peter Doocy: "The President will go to East Palestine." pic.twitter.com/CSHQzhUySU — The Post Millennial (@TPostMillennial) September 5, 2023 NEW: We went down to East Palestine for a week to get residents’ side of the story after the Ohio rail disaster. People told us they’re getting sick and their pets are dying, …
PANIC: Peter Doocy makes Cringe Jean Pierre shake and SNAP after spitting rapid-fire questions on Hunter Biden, Joe Biden corruption for 60 seconds STRAIGHT🔥 pic.twitter.com/V6Jkx9E78k — Benny Johnson (@bennyjohnson) August 29, 2023 If saying an election is “stolen” and “rigged” is illegal then all these Democrats need to be locked up. This video needs to …
https://t.co/L7Cj8NMaIm — Win Smart, CFA (@WinfieldSmart) August 3, 2023 Good Morning Everyone! Billionaire hedge fund manager Bill Ackman is making a bold move! He's shorting 30-year Treasury bills using options, and he predicts yields could skyrocket to 5.5% 'soon'. His strategy is a hedge against the impact of long-term rates on stocks in “a world… …
via Peter Schiff: Good news. The looming US recession has been canceled. Or has it? Just a few weeks ago, Treasury Secretary Janet Yellen said that while economic growth has slowed, “our labor market continues to be quite strong — I don’t expect a recession.” Meanwhile, Federal Reserve Chairman Jerome Powell said staff economists at …
Via SchiffGold.com, June continued a stock market rally that produced big gains through the first half of the year. But what exactly is driving this rally and is it really justified by the economic fundamentals? Peter breaks it down in a recent podcast and concludes that this is likely a bear market rally. June was …
Did Secretary of State Anthony Blinken cut a secret deal with Communist China’s dictator Xi Jinping to cover up the role of the Wuhan Institute of Virology (WVI) in genetically engineering COVID-19 in exchange for a smoothing of US-China relations? The Biggest Coverup in American History Just Happened Before Our Eyes https://t.co/0wnVvqnOw5 — The Gateway …
