Devlyn Steele

Video Report: What Exactly is the Huge IRS Funding Increase Being Used For? According to Whistleblower, Inflation Reduction Act’s IRS Funding Will Be Used to “Shake Down” Middle-Class

Does the Answer Even Matter? Debate over whether the U.S. is in a recession rages on. GDP numbers say we are. Others disagree. But for earnest retirement savers, no declaration is needed.

Gasoline prices have been dropping. As they do, some are suggesting the worst of inflation is behind us. Could June’s 9.1% headline inflation rate represent peak inflation? There’s been no shortage of concerning economic data for many months. And now we just learned the country is now in a “technical” recession.

It’s Official: Unemployment Claims Are on the Rise. We keep hearing the job market is proof of our economy’s strength, but labor force participation is at a near-50-year low and unemployment claims are actually on the rise.

Households Sacrifice Retirement Contributions to meet Cost of Living Increases. As inflation has forced Americans to slash retirement plan contributions, trillions of dollars have been wiped from 401(k)s and IRAs.

Fed Projections Say Economy in for a Hard Landing In this video, director of education Devlyn Steele shares data from the Fed’s own economic models that points to a rough landing ahead.

Two weeks ago, the heavily-watched Michigan consumer sentiment index dropped to its lowest level ever. But in spite of “achieving” that remarkable record, it turns out the index had still more room to fall.

Treasury Secretary Admits She Was Wrong About Inflation: Treasury Secretary Janet Yellen said many times last year that inflation would be both mild and transitory. Now she’s admitting she got it wrong. And some observers say she continues to get it wrong.

Census Report: High Inflation Challenging American Households. How bad is inflation, really? Pretty bad, says a Census Bureau survey. More than 1/3 of Americans are suffering. Learn more here.

Retirees are struggling to make ends meet due to falling Social Security payments and rising prices. In the following Touchpoint video I’m going to delve into the details. Odds are stacked against retirees: Social Security purchasing power is down 40% & we need to fight inflation!

Two of the world’s best-known economists say it’s we may be headed toward a painful combination of high inflation and economic downturn that we call stagflation. Noted economists Mohamed El- Air E Yawn and Stephen Roach recently sounded the stagflation alarm…

Gold Demand Rising While Inflation Remains High: Inflation has been rising – and so has physical gold demand. World Gold Council’s latest report shows a 34% jump in Q1 2022. Amazing!

“We’ll see a recession in 2023.” That’s what more than half of the economists, fund managers and strategists surveyed by CNBC said they believe. But that pales in comparison to the number of small business owners who say what they’re going through right now suggests to them that we’re in for a recession this year.

U.S. inflation now is at 8.5%. That’s the fastest year-over-year growth in the inflation rate since December 1981. Experts point to various culprits, including money-supply growth and geopolitical crisis. And now they say look for widespread lockdowns in China to push prices even higher.

Could Record Inflation and Interest Rate Hikes Lead to Recession? Federal Reserve rate hikes have begun. But Credit Suisse says much-higher interest rates are needed to reduce inflation. Devlyn Steele explains further.

The Fed is raising interest rates to cool inflation down. But what if higher inflation is here to stay? The Federal Reserve says higher inflation will last for years. As the Fed tries to tame inflation with rate hikes, Devlyn Steele details the challenges.

Recent News Points to Recession – So What Happens When the Fed Raises Interest Rates? Countless publications are saying recession coming. With the Fed likely to raise interest rates several times this year, will it trigger a recession?

As Gas Prices and Ukraine Conflict Help Gold Rise – Many experts agree that all the fundamentals are there for gold to have outstanding price performance. Gold often captures all the headlines which can lead to silver’s potential being ignored.

There are many who believe that when interest rates go up, gold gets weaker. The truth is, that gold can rise with interest rates and can also rise with the markets. What’s important to remember is that beyond all the economic fundamentals, asset prices go up or down based on the inflows and outflows of money.

Has the Supply Chain Crisis Killed Romance? Expressing our love could be in danger due to recent flower shortage. It’s one thing not to be able to buy toilet paper, but now expressing our love is in danger when we can’t buy flowers.

Can the Fed Fix the Economy? The general mood over the economy is negative. People are worried and upset. Can the fed give us some hope? CEOs are expecting the supply chain issues to run into 2023, so monetary policy from the fed may be the only way in which we can combat this inflation.

With the Fed printing trillions of dollars and sending it directly into the banking system, it’s no surprise that the banks are doing well. But maybe we should be surprised… wasn’t the point of printing all this money to get it to people like you and me?

While most of us are worried about a bubble burst, labor shortages, and our portfolios keeping up with inflation, billionaires made a fortune thanks to trillions of dollars printed by the Federal Reserve. How does this happen and what does it mean for our economy?

Inflation began soaring last April. The latest Consumer Price Index (CPI) registered at 7% –- the highest year-over-year CPI in nearly 40 years. So … higher interest rates are a given, then, right? Maybe not. The Federal Reserve is saying rate hikes are a “go,” but some economists believe the risks to equities and real estate are just too great.

The Fed is going to kill the supply chain. The expectations of the Fed raising interest rates will cascade a new set of problems throughout the companies that we depend on. Don’t be shocked if eggs cost 10 dollars a carton.

Inflation is through the roof and Netflix isn’t the only thing that’s going up in price. In this video Augusta Precious Metals director of education Devlyn Steele breaks down what the price increase could mean about our economy as a whole.

In this video, Devlyn Steele outlines the definition of a financial bubble, the history of bubbles, and his outlook for 2022 and beyond. It’s time to get serious, the big question is, what is economically going to happen in 2020? We’ve never faced the challenges we’re facing here in 2022.

In this video, Devlyn Steele examines projections about this bill and its potential to harm America and American retirement accounts. It’s gratifying to see a United States senator going with his gut — using good sense instead of politics to determine whether a bill is good for the country or not.