According to Shadowstats figures, The Fed's CPI-U, is approaching 40 year high, as the cost of living spirals out of control. Another revived figure, based on the Fed's more accurate formula is..
As the Federal Reserve prepares to taper its asset purchases, investors are preparing to adjust their portfolios.
Some are dumping gold. They could be making a big mistake.
Milton Friedman famously said inflation is “always and everywhere a monetary phenomenon.” He was right but that short statement doesn’t fully explain how inflation works. It has other causes, too.
Excessive money-printing is continuing to devalue currencies at an alarming rate — for which precious metals, namely gold and silver, are the best defence.
Bank bail-ins are becoming more and more of a hot topic.
With changes in the laws, banks in the USA will have the ability to "bail-in" your money during a financial crisis.
So do you see how everything is completely in flux at present? This is madness, and it's all due to the overwhelming reliance and dependence that "the markets" now have for the Fed.
