Wednesday, June 30, 2021

The Fed's "No Stick" Monetary Policy


Jim Bullard undoes Jerome Powell’s damage control. 
Fed goes from not thinking about thinking about raising interest rates to now talking about talking about raising interest rates. 
Fed’s monetary tightening is as believable as George Costanza’s house in The Hamptons. 
Bitcoin looks for lower support.

Sunday, June 20, 2021

Peter Schiff: Financial Media Downplays Inflation Risk


Inflation is on the rise and so is denial about it. 

Oil prices reach their highest levels since Covid began. 

Broken bond market and rising stock market are not evidence of low inflation. 

Janet Yellen admits higher inflation is coming, but says it’s a good thing. 

Global minimum tax is a big negative for the world.

Friday, June 11, 2021

Peter Schiff: The US Dollar is a Meme Currency Now


Contradictory jobs reports creating market volatility. 

Russia begins dumping dollars and buying other currencies and gold. 

AMC buyers think they’re sticking it to the man as they hand their money to institutions. 

Bitcoin 2021 kicks off in Miami. 

Ron Paul does not believe in Bitcoin. 

Gold has never been easier or cheaper to authenticate.

- Source, Peter Schiff

Friday, May 28, 2021

Peter Schiff: Bitcoin Is Nothing Like Gold


Rotation continues from momentum to value as Bitcoin investors turn to gold. China is the excuse, not the reason for the Bitcoin bubble bursting. This Crypto Winter may be the longest and most brutal of all.

- Source, Peter Schiff

Thursday, April 29, 2021

Powell Guarantees Fed's Indefinite Economic Support


Our leaders, including Chairman Powell, are cowards. 

You can’t buy what hasn’t been produced, no matter how much money is printed. 

Bitcoin price moves up ahead of Coinbase offering. 

Michael Saylor’s latest propaganda stunt proves Bitcoin is neither currency nor money.

Tuesday, April 20, 2021

Peter Schiff: The Fed Can't Put Inflation Genie Back in the Bottle


Jamie Dimon touts optimistic fairy tales. Moratoriums on evictions and student loan payments boosting consumer spending. 

The 70’s were an economic disaster because of the policies of the 60’s. Fed betting the house on inflation being transitory. 

China’s digital Yuan threatens both Bitcoin and the US Dollar.

- Source, Peter Schiff