With a record rise that amazing, this white-hot AI-driven ride makes the flaming melt-up for the dot-com bust during the internet-launching days of the early 2000s look like a mere bottle rocket.
The dollar amount of bad commercial real estate loans has ballooned beyond the loss reserves held by big banks to cover them as more and more borrowers struggle to keep up with payments.
Japan is an interesting case because of sustained ultra-loose policy even as other countries, like the US, have more recently undergone rate hikes to prevent runaway inflation.
Zang champions gold and silver as monetary assets, emphasizing their roles in wealth preservation and diversification of traditional investments to hedge against currency devaluation.
An upsurge in Treasury issuances when the Fed is no longer the buyer of first resort struggled to find enough buyers in what became the worst 20YR Treasury auction on recent record.
AB 29 would exempt “precious metals bullion,” defined as coins, bars, rounds, and sheets that contain at least 35% gold, silver, copper, platinum, or palladium.
Here is a summary view from the Thoughtful Money podcast about where the market, economy, and society are headed this year from different perspectives.
Mike emphasizes that Federal Reserve monetary policy levies an inflation tax on all of us and wraps up with a call to action to buy gold and/or silver to help protect yourself from this tax.
With concerns about inflation and a potential economic downturn, gold could see increased demand as a safe-haven asset, especially if the Fed shifts from tightening to cutting rates.
Bill Dudley says the central bank may have to tighten more, and one of the nation’s longtime central bankers admits the Fed may have to tighten, not just longer but HIGHER.
