Forbes: Long-Time Gold Bear JC Parets Turns Bullish; $5,000 Possible

By SIMON CONSTABLE

A long-time bear on investing in gold bullion seems to have flip-flopped.

Now he’s bullish, and how! Read more here.

 

Photo by Zlaťáky.cz on Unsplash

Forbes: Will Federal Reserve Rate Hikes Pull Down Inflation? Probably Not, New Research Shows

By SIMON CONSTABLE

We all know inflation is bad right now. But will the Federal Reserve’s actions have any helpful consequences?

Probably not, new research shows.

“The prevailing view that rate hikes are causative in curbing inflation implies a negative correlation between the two variables,” writes David Ranson, director of research at financial analytics firm HCWE & Co. Read more here.

Federal Reserve, Public domain, via Wikimedia Commons

Barron's: Ukraine War Upends Global Commodities Prices

By SIMON CONSTABLE

Ouch! The invasion wasn’t expected, and it wasn’t pleasant. But the war between Ukraine and Russia was central to commodities prices this year. The impact of the conflict is still being felt globally.

On Feb. 24, Russia invaded Ukraine, following weeks of military buildup dating back to 2021. The move sent shock waves through commodities markets. Read more here.

CBS Eye on the World with John Batchelor: #France #UK Strikes, delays, and the mystery of modest MegaTech in France and Britain. @BatchelorShow Occitane.

 By SIMON CONSTABLE

Listen here.

The original uploader was Deipnosophista at English Wikipedia., 

Public domain, via Wikimedia Commons

WABC Radio with Frank Morano: Crypto Panel 12-20-2022

 By SIMON CONSTABLE

Listen here.

Forbes: Recession Still Nowhere To Be Seen: What You Need To Know...

By SIMON CONSTABLE

Enough already with the recession talk.

For at least six months, many economists have been forecasting an imminent economic pullback or collapse that would crush the U.S. economy.

Like so many things forecast in the media, it hasn’t happened. Not by a long way. A piece I wrote in June indicated there were few signs of recession, just slower growth.

Still, the calls of economic oblivion keep on coming relentlessly and yet no recession has emerged.

That failure and similar ones is probably the root of the Wall Street quip: “Economists were invented to make astrologers look good.” And those astrologers are looking better every day.

Here’s what you need to know. Read more here. 

Unemployed men queue outside a depression-era Chicago soup kitchen opened by Al Capone 1931. This file was provided to Wikimedia Commons by the National Archives and Records Administration as part of a cooperation project. The National Archives and Records Administration provides images depicting American and global history which are public domain or licensed under a free license.

WABC Studio Debrief Jan 4, 2009: Gloom Prediction in 2009 @Batchelorshow

 By SIMON CONSTABLE

John Batchelor and Simon Constable play unemployed hedge fund managers and predict the economic calamities the U.S. faces in 2009

WATCH HERE.