#GOLD confirms bullish breakout, retests $2,550 neckline, signaling potential energy buildup for next move. 2025 going to be stagflation innit

#GOLD has confirmed a bullish breakout from an inverse head & shoulders pattern, followed by a successful retest of the neckline near $2,550. Current consolidation signals a build of potential energy for the next move. pic.twitter.com/F511TAvvYP — Gold Predictors (@GoldPredictors) …

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Peter Schiff: Philly Fed survey plunges to -16.4; rising costs, falling revenues signal stagflation. Jim Bianco: If bonds lose faith in the Fed, yields will surge.

The December Philly Fed Manufacturing survey was another disaster, collapsing from -5.5 to -16.4, versus an expected rise to +2.8. This is the weakest level of the year. More problematic, prices paid jumped while prices received fell. All signs point …

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Armstrong: Stagflation Begins

By Martin Armstrong Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we are entering a period of stagflation, where …

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Stagflation is happening all over the world.

Stagflation is happening all over the world. — Uncle Milty’s Ghost (@his_eminence_j) June 7, 2024 Global Context: Inflation: In recent years, inflation rates have risen in many countries. Factors such as supply chain disruptions, increased demand, and rising commodity prices …

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Jamie Dimon is warning about stagflation.

Jamie Dimon, the chairman and CEO of JPMorgan Chase, has expressed concerns about the possibility of stagflation in the U.S. economy. Speaking at the JPMorgan Global China Summit in Shanghai, Dimon stated that a “hard landing” for the U.S. cannot …

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Jerome Powell on Stagflation

By Martin Armstrong “I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come down for a “soft landing.” He believed …

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