Gold Soars as Central Banks Drag Heels on Rate Hikes

From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold up as central banks look unwilling to hike, gold price’s Groundhog Day, and some very interesting 2021 American Eagle gold bullion coins. Gold soars as central banks seem reluctant to hike rates … Read more

Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke

Kitco News, Released on 11/10/21 Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%. Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation. 0:00 – Inflation 8:40 – Biden’s … Read more

War Alert: “Major Shooting Incident” Is Possible, Poland Warns

by Mac Slavo of SHTFplan The biggest attempt to enter Poland is underway. A “massive” wave of migrants has reached Poland’s border from Belarus, with the country’s special services describing it as the largest-ever attempt to enter the country by force. The migrants amassed at the border are predominantly young males, Stanislaw Zaryn, the spokesman for Poland’s Minister-Coordinator … Read more

Democrats’ New Policy in Action in Connecticut: “Suspect not only cleaned out the register, he took the clerk’s wallet, keys and car.

How are those new policies working out for you CT Dems? If there is no accountability for your actions, then why would people who do this stop? — Grannapple (@ameikajr) November 11, 2021 While the DOJ is investigating PTA parents 😉 — Reminiscences of an American Capitalist (@4Awesometweet) November 11, 2021 h/t dr0id

Journey of One SOUTHWEST Plane Explains Misery of Travel Now… Thanksgiving disaster on horizon…

To understand how routine airline disruptions have been mushrooming into travel meltdowns affecting a million passengers or more, consider the recent four-day odyssey of a single plane: a Southwest Airlines Boeing 737-800 called N8661A. Following that 175-seat jet shows how ill-prepared some airlines have been for the busy restart of travel this year. You can … Read more

The Shadow Knows! The Xu-Xia Fed Shadow Rate Is -1.7021% (US Effectively Has Negative Interest Rates And Inflation Is Expected To Continue And NOT Be Transitory)

by confoundedinterest17 The Shadow Knows! Wu-Xia employs an approximation that makes a nonlinear term structure model extremely tractable for analysis of an economy operating near the zero lower bound for interest rates. It can be used to summarize the macroeconomic effects of unconventional monetary policy (ZIRP + QE). The Shadow Rate is now -1.7021%. And you … Read more

The Fed is Trapped and a Crash is Coming

by The Phoenix The Fed is now trapped. Consider: Stocks were just at or are currently at all-time highs, trading at multiples that exceed even those of the Tech Bubble in 1999 (Market Cap/ GDP). There are truly INSANE levels of froth in the markets: Options trading volume (a sign of speculation) is exponentially higher than … Read more

LeBron James mocks Rittenhouse’s courtroom breakdown: ‘What tears? Knock it off’

Los Angeles Lakers star LeBron James mocked alleged Kenosha shooter Kyle Rittenhouse over a video showing the 18-year-old crying in court while testifying in his murder trial. https://www.foxnews.com/sports/lebron-james-mocks-rittenhouses-courtroom-breakdown-what-tears-knock-it-off What tears????? I didn’t see one. Man knock it off! That boy ate some lemon heads before walking into court. 🤣🤣🤣 https://t.co/LKwYssIUmD — LeBron James (@KingJames) November … Read more

Google Found Guilty of Violating EU Anti-Trust Laws

by Martin Armstrong Google has been found guilty of violating anti-trust laws by the European Union’s General Court, the second-highest court in the EU. In 2017, Google was accused of violating anti-trust laws by altering its algorithm to favor its shopping services over competitors. Despite maintaining innocence, the EU General Court ruled against the company … Read more

Board Members Fleeing the Federal Reserve

by Martin Armstrong Federal Reserve members are fleeing the central bank. We saw two Fed presidents resign in October amid scandal. Randal Quarles recently announced that he also plans to resign from the Federal Reserve’s Board of Governors when his four-year term expires at the end of the year. Another position remains vacant as well. … Read more