This One Sign Shows That Recession Is Just Around the Corner

Sep 30, 2022

Maybe you’ve been watching inflation slowly creep up month after month. Maybe you’ve watched as your grocery bill climbs week after week. Maybe you’ve wondered how much longer you can afford to watch all of your expenses rising and eating more and more out of your monthly income. When will this all end? That question is on many people’s minds. As inflation rises ever further, and more and more economic indicators seem to point to a coming recession, many people are hoping that such ...read more

Cathie Wood’s Ark Open Source Model Predicts Tesla Shares Will Hit $4,600 by 2026

Sep 30, 2022

Let's investigate Cathie Wood's open source model for Tesla share price. The 2030 estimate will be close to the entire US Real GDP. ARK's Monte Carlo Simulation Results posted at Ark Investments Ark's Open Source  ARK analysts Tasha Keeney says the Expected Value For Tesla In 2026: $4,600 per Share.  We provide this open-source model to the public because we believe doing so strengthens the quality of our research. By sharing our assumptions and modeling methodolo ...read more

Strong Q1 Gold Demand Bodes Well for Gold in 2022 and Beyond

Sep 30, 2022

If you didn’t already know it from rising gold prices, gold demand this year has been very strong. Gold sales have been through the roof, as people from all walks of life have clamored for the safety and security that gold offers. There are numerous reasons people choose to own gold, but four in particular stand out. Safe Haven Inflation Hedge Store of Value Portfolio Diversification 1. Gold Is a Safe Haven We’re seeing an incredible amount of safe haven buying of gold right now, and ...read more

The Federal Reserve in the Modern Era: Crisis After Crisis

Sep 30, 2022

As good as the past 50 years have been for many people, there’s no denying that they could have been better. Investors have certainly done well, thanks to the great bull market that ran from 1982-2000, an unprecedented period of stock market growth. But markets have struggled to regain that type of momentum since then. And in many ways the Federal Reserve is to blame. In part one and part two of this series we learned a little about the Fed and what it does. Now we’ll go into greater d ...read more

4 Ways to Protect Your Money Against Inflation

Sep 30, 2022

The Bureau of Labor Statistics (BLS) published its latest monthly inflation statistics last week and the results were unsurprising. Inflation pushed once again to the highest levels in over 40 years, coming in at 8.5% year on year. Perhaps even more worryingly, month-to-month inflation is picking up too, coming in at 1.2%, or an annualized rate of over 15%. All eyes are on the Federal Reserve now as the Fed comes under increasing pressure to get inflation under control. But that’s going ...read more

Putin Will Collect a $321 Billion Windfall Partially Thanks to Sanctions

Sep 30, 2022

Half-assed sanctions by the US and EU help drive up the cost of oil and natural gas. The oil producers, including Russia are the beneficiaries Stop Imports Now Idea and Image via Tweet  Big Windfall  Bloomberg reports Putin May Collect $321 Billion Windfall If Oil and Gas Keep Flowing For all the hardships visited on consumers at home and the financial chokehold put on the government from abroad, Bloomberg Economics expects Russia will earn nearly $321 billion fr ...read more

Inflation in 19 nations using euro soars to record 7.5% - Business News - Castanet.net

Sep 30, 2022

Photo: The Canadian Press Steam leaves a cooling tower of the Lichterfelde gas-fired power plant in Berlin, Germany, on March 30, 2022. Inflation in Europe soared to another record, according to new EU figures released Friday, in a fresh sign that rising energy prices fueled by Russia’s war in Ukraine are squeezing consumers and adding pressure on the central bank to raise interest rates. Consumer prices in the 19 countries that use the euro currency rose by an annual rate of 7.5% in ...read more

Is Coeur Mining a Smart Gold Stock to Buy?

Sep 30, 2022

Precious metals producer Coeur Mining, Inc. ( CDE - Get Rating) in Chicago, has five wholly owned operations in North America, which include the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, the Wharf gold mine in South Dakota, and the Silvertip silver-zinc-lead mine in British Columbia. The company’s gold and silver production increased 2% and 6% respectively, quarter-over-quarter in its fiscal fourth quarter, ended ...read more

Explainer-What political upheaval in Pakistan means for rest of the world - Reuters.com

Sep 30, 2022

WASHINGTON/ISLAMABAD, April 10 (Reuters) - Pakistan Prime Minister Imran Khan was ousted from office in a no-confidence vote in parliament in the early hours of Sunday after three years and seven months in power. read more A new government will be formed most likely under opposition leader Shehbaz Sharif, after parliament reconvenes on Monday to vote for a new prime minister. The nation of more than 220 million people lies between Afghanistan to the west, China to the northeast and India to ...read more

Housing Sellers Drop Asking Price as Demand Slip and Mortgage Payments Rise

Sep 30, 2022

Case Shiller Data via St. Louis Fed, chart by Mish Housing Theory vs. Reality: Where are Home Prices Headed? Here's a Tweet thread that caught my eye.  Robust Balance Sheets  I agree with some of these ideas and strongly disagree with others. Some are a mixed bag of plusses and minuses.  Consumer Balance Sheets  The Tweet chart shows mortgage debt payments as a percent of disposable income.  That reflects the past, not the present. Housing affordability has plung ...read more