Gold prices near $2,500/oz might become a floor…. Chinese gold buyers are back… for the first time in a while the Fed’s balance sheet is now expanding

#GOLD price just started to inhaling the negative tendance in US employment, which will probably induce more aggressivity of FED on rate cut. https://t.co/Bayd8BMOQj — constantin savin (@savinfamily) August 21, 2024 Chinese gold buyers are back… China issues new gold import quotas after pause after two-month pause. Several Chinese banks have been given new gold …

READ MORE

Electricity prices just doubled in California

Electricity prices just doubled in California California caught in wild scandal screwing with residents electric bills, using Gavin Newsom’s California Public Utilities Commission to get away with sky high electric bills. Millions of California residents now paying the price.

Kamalanomics Blowback Begins As Food Prices Hit Record Highs

She’s been in office for 3.5 years and this is the destruction her and Biden have brought! The Donald Trump campaign is up on TV in battleground states with this spot which hits Kamala Harris on the economy — pic.twitter.com/UeF2cRBC52 — Medium Buying (@MediumBuying) August 17, 2024 Harris prepares to battle Kamalanomics with Stalinist federal …

READ MORE

People Are SAYING NO TO INFLATION AND HIGH PRICES!

The consumer is speaking loud and clear right now with thousands of businesses seeing their sales numbers drop. People are saying no to this high inflation and high prices and are cutting back. They’re spending only on the essentials in many cases. Companies are now even being forced to lower their prices in order to …

READ MORE

Lumber prices plunge, signaling sharp slowdown in US housing and economic conditions… Housing Permits plunge 4.0% to 1.396, lowest since June 2020

BREAKING: Lumber prices have declined to their lowest level since the 2020 pandemic, down 80% in 2 years. Lumber is a leading indicator for the US housing market, global economic conditions, and inflation. The rapid drop in lumber prices suggests that the US residential… pic.twitter.com/Ksc6aqczI0 — The Kobeissi Letter (@KobeissiLetter) August 15, 2024 Housing Permits …

READ MORE

Rising food prices hit record highs; nearly one in four U.S. renters skipped meals to afford rent.

The rising cost of living, particularly food prices, has been a significant issue. According to recent data, food prices have reached record highs, impacting many households. A survey conducted by the Urban Institute found that nearly one in four renters in the U.S. reported skipping meals in the past year to afford their rent and …

READ MORE

Still Crazy After 4 Years Of Biden/Harrisnomics! Core Consumer Prices (Inflation) Up For 50th Straight Month, Hits New Record High (Up 3.2% YoY)

by confoundedinterest17 Following last month’s ‘deflationary’ print (-0.1% MoM), analysts expected headline CPI to rise 0.2% MoM and they were spot on, shifting the YoY CPI print to 2.9% (from 3.0%) – the lowest since March 2021… Source: Bloomberg Core CPI also rose 0.2% MoM (as expected), and the YoY rate of inflation slowed to 3.2% (from …

READ MORE

When Japan reached US-level demographics, real estate prices fell for 28 years straight.

When Japan hit current US level demographics, real estate prices fell for 28 years straight. In 1995, the median aged Japanese person is the same age as a median aged American today. pic.twitter.com/NCuxhXqLYp — Darth Powell (@VladTheInflator) July 22, 2024 We had the largest speculative mania in house in US history. Bigger than 05-08 and …

READ MORE

The elite always care about unemployment right around the time their asset prices go tits up

The elite always care about unemployment right around the time their asset prices go tits up https://t.co/b25hVgv4RW — Darth Powell (@VladTheInflator) August 8, 2024 Only 25% of the unemployed is filing for unemployment benefits in July. That has further dropped from 31% in the beginning of the year —and this is while unemployment rate is …

READ MORE

Gold prices hold above $2,400/ounce, poised for next leap unless liquidity crash occurs.

Gold prices refuse to sustain below $2,400/ounce The market is prepping for its next leap higher. Only a general market liquidity-crash can slow the bull down pic.twitter.com/14NTpO2Hvl — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 8, 2024 Inflation-adjusted US government spending in less than 4 years now exceeds the combined spending of: – World …

READ MORE

US home prices hit a record in May; growth slows. Rising inventory: 65% of homes unsold after 30 days.

https://t.co/EQKqdh6AzlPrice Drop! — Future Talk (@FutureTalk_X) July 31, 2024 Morgan Stanley: Only 3% chance GDP will decline in 2025. Trust the science! pic.twitter.com/oMupYTLCqa — Peter Berezin (@PeterBerezinBCA) July 31, 2024 The real estate market is a significant part of the U.S. economy. In 2023, it contributed approximately 18% to the national GDP. This includes residential, commercial, and industrial …

READ MORE

Affordability Crisis Hits Feminine Care: Sales Drop as Prices Surge

Rising prices of feminine hygiene products, outpacing even food inflation, are forcing many American women to make difficult choices between purchasing menstrual supplies and other essential items. This price increase has led to a significant decline in sales of pads and tampons since 2020, with unit sales dropping by 12% and 16% respectively. Major manufacturers …

READ MORE

Harris claims bill reductions, yet energy prices soared. Americans can’t endure more deceit. The pain of inflation is being felt across all income levels

Kamala Harris said “every day” she has been working to "reduced heating and electricity bills so folks have more money in their pocket” When she said this – Electricity was up 11.9%– Fuel oil was up 27.7%– Natural gas was up 26.7% American won’t survive 4 more years of lies pic.twitter.com/n0DgaQkQU4 — Wall Street Apes …

READ MORE

Are Oil Prices About To Light Up With The Middle East?

https://x.com/_/status/1814725530832543802 🚨🚨 There are threat signals to Saudi Arabia from Iraqi militias and Houthi militias, with threats to target Aramco! This should be taken seriously! — Omar Abu Layla (@OALD24) July 20, 2024 According to @OALD24, Threat signals have been detected from Iraqi and Houthi militias towards Saudi Arabia, specifically targeting Aramco. pic.twitter.com/mudLQ2uaq1 — Open …

READ MORE

The CEO of Redfin: “I think it’s going to be a pretty soft summer for home prices.”

https://x.com/ReefInsights/status/1813926775497351608 https://x.com/DonMiami3/status/1813927966432460975 Foreign buyers are fleeing the U.S. housing market, with sales at a record low International buyers are scaling back partly due to a strong U.S. dollar, the National Association of Realtors says A previous version of this story misstated the time period during which sales to foreign home buyers were tracked. Foreign buyers …

READ MORE

Over 33% of US consumers worry about making ends meet; even 30% earning $150k+. Inflation pain spans all incomes: 1 in 3 under $40k struggle to pay bills. Food grocery prices up 24% since 2019.

JUST IN: More than 33% of US consumers are now worried about making ends meet over the next 6 months. This includes 30% of Americans earning $150,000 or more annually, according to the Fed survey of 5,000 respondents. Over the last 12 months, 43% of all surveyed consumers and… pic.twitter.com/fRqJlcbOUv — The Kobeissi Letter (@KobeissiLetter) …

READ MORE

Chinese housing market sees historic 7.9% year-over-year drop in existing home prices.

The Chinese housing market has been experiencing significant challenges, with this decline being a notable indicator of the ongoing issues. BREAKING: Chinese Housing Market Chinese Existing Home Prices declined by 7.9% year-over-year last month, the largest decline in history! pic.twitter.com/IHHSIFNHmF — Win Smart, CFA (@WinfieldSmart) July 15, 2024

Going Down! US Producer Prices Rise At Fastest Pace In 15 Months As Services Costs Soar (Buying Conditions For Housing Hit All-time Low!)

by confoundedinterest17 We’re going down! After May’s MoM deflationary impulse (thanks to a plunge in energy costs), June was expected to see a modest 0.1% rise (and we have seen energy prices starting to rise again). Sure enough, headline PPI printed HOT at +0.2% MoM (and May was revised higher), pushing the YoY print up …

READ MORE

Inflation Slows To 3.0%, But Shelter Still Rising At 5.2%, Electricity Up 4.4% (Core Prices Continue To Rise And Have Never Been Higher)

by confoundedinterest17 Are you ready? You can tell an election is on the radar since inflation numbers are settling down for the most part. According to the BLS, overall inflation fell slightly in June to 3.0%. Shelter CPI is up 5.14% YoY as M2 Money growth has been rising slowly … again. Core CPI also ‘missed’, rising just …

READ MORE

Prices for refrigerated dairy products are skyrocketing in Germany

https://twitter.com/o553400/status/1810614801174876189 And good morning from the Netherlands, where a similar quantity of house-brand butter costs €2.95. pic.twitter.com/BtQA1urquk — Wiebe de Jager (@wdejager) July 9, 2024 pic.twitter.com/bmahMPRHkB — dasv (@dasvee) July 9, 2024 Spain. Carrefour white brand and their Bio brand pic.twitter.com/acfERBaPEk — Rafito Membroza (@RealRafito) July 9, 2024

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.