Peter Reagan

Now, this is counterintuitive if we think of gold exclusively as a safe haven investment. But it’s not. Gold is also historically one of the most desirable symbols of luxury and wealth. It’s like Wharton finance and economics professor Urban Jermann described in his new model of gold pricing…

Powell’s policies will bring pain to American families, one way or another. Now the Fed is openly rooting for stock and housing markets to crash – because that’s how they’ll know their rate hikes are finally deflating the “Everything Bubble.”

During my career, I’ve watched three speculative financial bubbles inflate, and two of them pop (the dot-com bubble, the 2007-08 housing bobble and today’s Everything Bubble). These bouts of “irrational exuberance,” to use Robert Shiller’s trenchant description, are remarkably similar.

The latest Fed meeting may have hinted towards an easier monetary policy, whether that means a tempering or altogether cessation of interest rate hikes. While Fed officials did reiterate the dangers of high inflation, they also mentioned not wanting to slump the economy with excessive tightening.

Gold as an answer to present day trouble – it’s the only asset to claim geopolitical neutrality, and it’s not just Russia’s official sector that’s hoarding gold.

The official consumer price index (CPI) gauge of inflation finally eased in July, slowing 60 basis points to an 8.5% annualized rate. Further upstream, the producer price index (PPI) also slowed from 11.3% to 9.8% year-over-year. Now, let me be clear: this is good news.

In the wake of gold briefly passing the strong $1,800 resistance level, Equinox Partners’ Sean Fieler spoke about gold’s role in the coming financial crisis saying a sovereign debt crisis could catch some off-guard: ‘the kindling is set, and you just need one little spark to ignite the fire.’

Stanford Economics professor says that the Fed will neither stop raising interest rates nor limit rate hikes to just one or two more. Instead, he thinks the Fed needs to jack up interest rates to 9%, possibly higher, to truly deal with inflation.

Gold investors shouldn’t look forward to a reversal in the Federal Reserve’s tightening policies because a flip-flopping Fed would create the kinds of economic instability that not even the biggest gold investors would appreciate.

We’re hearing an increasing number of warnings that a stagflationary event could not only materialize, but persist for an entire decade. I don’t want to believe it. Even so, it’s starting to look like a certainty. The latest 9.1% inflation reading hit the financial markets hard.

Bloomberg recently did a fairly comprehensive report on insider trading of precious metals by traders (most notoriously) at JPMorgan, and other large banks as well. JPMorgan pled guilty in 2019 and paid over $920 million to settle charges…

Goldman Sachs raises year-end gold forecast to $2,500; why gold shines bright even after a losing Q2; and Zimbabwe rediscovers gold as a cornerstone of economic stability. Interestingly enough, Goldman’s lofty forecast for gold excludes possibility of hyperinflation…

By the time you read this, the U.S. economy will likely be officially mired in what could be a long and deep recession. Ark Invest CEO Cathie Wood said Tuesday we’re already there: ‘We think we are in a recession. We were wrong on one thing and that was inflation being as sustained as it has been.’

Fed Desperately Wants to Postpone Return to Reality – But It’s Not Going Well. Today, we’re seeing multiple signals of economic stress flashing simultaneously. Historically, that implies a near-term economic recession…

It’s worth remembering the Federal Reserve is not looking out for your wellbeing. They’re looking at statistics, not individuals. They see surges in food and energy prices as “normal volatility.” Chairman Powell doesn’t care it cost you nearly $100 to fill your gas tank.

Jim Cramer has been one of the most die-hard stock bulls since 1987, and rose to national fame in the late 1990s thanks to his frequent guest appearances on CNBC during the run-up of the dot-com boom. That’s why it’s so surprising that he recently recommended diversifying with gold.

It’s hard to deny that inflation is the most pressing economic issue for most of us these days, whether we’re saving for retirement or just filling up our tanks at the gas station. Ask anybody what’s on their minds, and you’ll get an earful. It doesn’t matter who you ask, liberals or conservatives. It doesn’t matter how you ask,

There isn’t any doubt, when inflation accelerates like it is right now, the lower income class has their financial worlds turned upside down. After all, that’s what happens when most of the food that we eat and fuel we use every single day suddenly becomes 10% – 43% more expensive.

We’ve suggested many times that an economic “storm could be brewing” so that you could start or continue preparing for it. Well, if Jamie Dimon (CEO of JP Morgan) is correct, it looks like we might have underestimated how bad things could get.

For as much as we struggle to compare present day to any point in U.S. history, the 1970s to early 1980s are an almost eerily accurate parallel. People on the street didn’t have a smartphone in their hands, and mail took a bit longer to arrive. But the economic conditions are all here.

It turns out that quality growth stocks do not always outperform; that the Federal Reserve will not always step in to protect your wealth… and that the prices of the growth stocks in your portfolio have long been more a function of loose monetary policy than the priceless nature of innovative thinking.

At this point, it has almost become cliché to say that “inflation is accelerating,” and that it’s taking a bite out of retirement savers income. But just how big is that bite? According to this Moody’s analysis, that bite amounts to hundreds of dollars a month consumed by the tax nobody voted for

Economists agree both gold and silver share many virtues: Easily accessible and redeemable, highly liquid, historically money, intrinsically valuable and free of counterparty risk. The parallels lead some to call silver “poor man’s gold.” That’s not a helpful description…

If you pay any attention to financial news (or if you’re a regular reader of my columns), you’re probably familiar with the term “bubble.” We’ve seen the 2008 housing bubble, the dot-com stock bubble, some are referring to the recent collapse in bonds as the end of a bond bubble and so on…

Bonds are generally considered a conservative investment vehicle. Corporate bond-holders get paid before shareholders, and even in the worst-case scenario of a bankruptcy, bond owners are likely to recoup some of their investment, while shareholders are usually wiped out.

The times ahead will likely be radically different from those we’ve experienced in our lifetimes—but similar to those that have happened many times before. Studying history lets us find recurring patterns that determine likely future developments.

In response to the recent Fed announcements, on Thursday the Dow Jones tumbled almost 1,100 points. The NASDAQ also lost 5% of its value. Both losses completely erased their relief-rally gains from the day before – when stock bulls were excited the Fed didn’t raise rates higher.

Inflation isn’t a scary word, is it? It makes you think of blowing up balloons for birthday parties, the Macy’s Thanksgiving parade, maybe helping a toddler get their water wings on before an adventure in the swimming pool. It just sounds so innocuous.