Yellen hints at higher rates, spooks markets; Inflation’s damage, explained – Jeff Christian
“It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat,” Yellen said during an economic event hosted by The Atlantic magazine. Jeff Christian, managing director of the CPM Group, told David…
All markets tumble as fear rises; ‘significant collapse’ is underway – Chris Vermeulen
Tuesday saw a broad market selloff as equities tumbled alongside safe have assets like gold. As of 1:00 pm EST, the S&P 500 fell 1.15%, and gold dropped by 1%. Speaking to David Lin, anchor for Kitco News, Chris Vermeulen,…
Earnings explosion: We’ve ‘never, ever’ seen this before – Michael Lee’s top stock picks (Pt. 2/2)
Watch part 1 of this interview: https://youtu.be/8z6qx7MSnYM Not even the wildest market bulls could have predicted how much stock earnings have beat analysts’ expectations, said Michael Lee, founder of Michael Lee Strategy. Lee discusses with David Lin, anchor of Kitco…
Bitcoin, gold, or stocks: which of these has ‘never been more expensive’? Lyn Alden
Lyn Alden, founder of Lyn Alden Investment Strategy compares the valuation metrics of gold, cryptocurrencies, and equities, and evaluates which of these, in her opinion, has “never been more expensive.” 0:00 – Monetary policy – inflation 4:02 – Monetary policy…
How high would gold price be if not for bitcoin?
With bitcoin still holding investors attention this year, is gold falling behind? Many analysts say that gold’s price action is being hurt by all the money going into cryptos. But how high would gold really be if not for bitcoin?…
Forget hyperinflation; Why the U.S. is becoming Japan, not Zimbabwe – Michael Lee (Part 1/2)
As President Joe Biden commits to $6 trillion of stimulus over the next decade, worries of inflation, or even hyperinflation, from both unprecedented monetary and fiscal stimulus take center stage in financial headlines. Fiscal stimulus from the Biden Administration includes…
More states pushing to make gold and silver legal tender – former U.S. Mint director (Pt 2/2)
Watch part 1 of this interview: https://youtu.be/vWY855esnPA Concern about inflation and a weakening U.S. dollar, is pushing more than a dozen states to try and recognize gold and silver coins as legal tender. The Constitution allows for States to give…
Biden’s economic plan aims to redistribute trillions and expand government
President Biden delivered an address to a joint session of Congress on April 28th. With his $1.8 trillion American Families Plan, following his $2.3 trillion American Jobs Plan and his $1.9 trillion American Rescue Plan—President Biden has proposed $6 trillion…
Fed’s Powell: It’s ‘too early’ to taper
Federal Reserve Chair Jerome Powell comments on tapering, transitory inflation, the U.S. dollar as the world’s reserve currency, and more. The statement comes after the Fed kept its monetary policy unchanged while downplaying rising inflation. “It’s not time to start…
Mints are running out of gold; not enough physical silver to cover paper– former U.S. Mint Director
Part 1 of 2. A global shortage of physical gold and silver products has created a premium on coins and bars, and this premium is causing a disconnect between the spot price and the “true” price that retail investors need…
