Inflation Is The Kryptonite That Will End Our Decades-Long Monetary Policy Ponzi Scheme
QUOTH THE RAVEN
“It means buckle your seatbelt Dorothy, because Kansas is going bye-bye.”
QUOTH THE RAVEN
“It means buckle your seatbelt Dorothy, because Kansas is going bye-bye.”
But why now, Sir Fully?
John Williams of Shadowstats educated everyone about the understated inflation and unemployment rate numbers for YEARS!!!
Is it now because all the Fed members who wanted a piece of the pie have “retired gracefully to spend time with their families”?
Or Jeff Bezos is not on to a “higher” purpose, pun intended … ?
Do you know what I foresee? Jamie Dimon retiring and then all hell breaks loose. Remember JPM and their silver position?
Just like credit must be given where it is due: to John Williams of Shadowstats and to the Martens @ https://wallstreetonparade.com/
There are many many mixed calls on whether the bull will resume (Dave Hunter contrarian) or not (Sir Plunger, Sir CM)
Here’s another take: if you can’t figure out the future, keep looking for correlations … http://www.321gold.com/editorials/mcclellan/mcclellan012622.html
Keep taking profits while learning (Sir CM asked me a couple of times why do I sell my miners if they keep going up)
Liquidity problems is what will force the Fed’s hands (even if they raise the rates today, they may make a sudden U-turn while we are watching the NFL Conference finals or the SuperBowl) … http://www.321gold.com/editorials/mcclellan/mcclellan012022.html. The Martens have tried a lot to dig into why the Covid thingy was soon after the Repo rates surge to 10% thingy.
(Of course the “controversy theory lover” that I am … Sirs North or Noman I forgot who gave that feather to my hat)
Also, just sometime back Mr McLellan was also in the camp of inflation being “somewhat transitory” http://www.321gold.com/editorials/mcclellan/mcclellan122221.html
This is all by design. The best of the technical analysts out there are being confused. And we want to take it out on Sir CM, who tries to stay as positive every day as possible, in this age of disinformation?
GL