prices
Yes, prices for food are rising steady as inflation in the Biden era starts to run rampant: Here’s how we know
by: JD Heyes (Natural News) Americans didn’t hear much about inflation during the previous administration because prices for food and commodities weren’t out of sync with rising wages that all demographics enjoyed under President Donald Trump’s kick-butt economy. His policies were …
Lumber prices have tumbled 70% in the last 14 weeks as record-setting demand slows
Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally Starting its ascent in late October 2020, lumber climbed to a peak of $1,711 over the course of seven months. But it took just 14 weeks …
Inflation Alert! US Producer Prices Come In Hotter Than Expected (+7.8% YoY), Annualized Run Rate Is 12%!
by confoundedinterest17 Well, economists were expecting a 7.2% YoY print of the Producer Price Index – Final Demand. But July’s print came in hot … at +7.8% YoY. Compare that with the Core Consumer Price Index YoY of +4.3%. The month-over-month …
Fox News Reports On Rising Prices: “You’re Gonna Pay Through The Nose”
Fox News reported on rising prices and how “you’re gonna pay through the nose,” during a segment on Fox News’ “Your World with Neil Cavuto” with Neil Cavuto on 8/11/2021. Be sure to like, subscribe, and comment below to share …
Debt Ceiling and Budget Battles to Underpin Gold Prices
by: Stefan Gleason The gold market has no shortage of issues following Sunday evening’s “flash crash” that saw prices drop sharply at the open. A mysterious $4 billion sell order – suspiciously placed during the most illiquid time of the …
Mortgage Purchase Applications Rise 1% From Previous Week, But Down 18% From Last Year Thanks To Unaffordable Home Prices
by confoundedinterest17 Simply unaffordable is what singer Robert Palmer would say. Homes, that is. Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 6, …
Forget The “Taper,” More QE Is Coming Along With Higher Gold And Silver Prices
by Dave Kranzler of Investment Research Dynamics In the last FOMC policy announcement, the Fed announced that it is establishing a “standing” $500 billion repo facility open to domestic and foreign banks. A repo facility provides overnight or short term liquidity to the …
Fox Boston: Tyson Foods Is Raising Prices For Restaurants, Pork Up 40%, Beef Up 12%, Chicken Up 16%
Fox Boston reported how Tyson Foods is raising prices for restaurants and how pork prices are up 40%, beef up 12%, and chicken up 16%, during a segment on WFXT’s (Fox) “Boston 25 Morning News at 7 AM” (Boston, Massachusetts) …
Domestic energy prices are about to soar
by Shaun Richards This summer has had a feature which will be arriving on the doorstep or in the email inboxes of domestic energy consumers soon if it has not already. The situation was described by oilprice.com like this last …
The Infrastructure Bill Will Be Parabolic On Metal Prices To Come w/ Johnathan More
Supply & Demand: The simple approach to investing in metals. Johnathan More, CEO of Starr Peak Mining LTD., joins us to share his thoughts on what will drive the commodities boom a lot higher. The global currency creation plus limited …
Allocation to Gold Is Set to Rise. How Will Prices Respond?
by Arkadiusz Sieron of Sunshine Profits The latest WGC reports show that institutional allocation to gold will increase. What if there is more to it than just “higher demand, higher price”? In July the WGC published three interesting reports. The first one, Rethink, Rebalance, Reset: Institutional …
BidenInflation: Nestle Increasing Prices, largest food & beverage firm, More will follow
Nestlé, the world’s largest food and beverage firm, is announcing this week that it will increase prices on goods due to inflation. Last month, consumer prices increased 5% in June from last year, the biggest monthly gain since 2008.#BidenInflation — …
Even the Financial Times is now worried about house prices
by Shaun Richards Sometimes things emerge which make you rub your eyes just to make sure you have read them correctly. An example of this emerged over the weekend as the Financial Times produced this as its lead article to …
Inflation fears surge 10%, double 2018 worries; Home Prices Up, Up, Up 16.6%; Wages Pushed Down Nearly 2%; Most Blame Biden
Inflation fears surge 10%, double 2018 worries Concerns about rising inflation, especially in housing and food costs, have jumped, doubling the fears of just three years ago, according to a groundbreaking “Inflation Index” survey provided to Secrets. In the new …
Housing Prices Fall as Housing Sales Slide
by David Haggith Interestingly, you’re about to find out that the fall in housing prices and home sales may power us further into high inflation for longer. We are entering a situation that could turn into a true oxymoron where lower …
Gianna: “I literally regret voting for Biden, gas is up, rent is up, grocery prices are up. You’ve done nothing but literally increase middle class cost of living.”
View post on imgur.com https://twitter.com/giannaLTM/status/1417867373688786952 Note: She deleted her tweet after the Twitter mob showed up to castigate her. https://twitter.com/giannaLTM/status/1418166298694103045 https://twitter.com/giannaLTM/status/1418185825431572484 h/t dr0id
Grocery chain CEO warns inflation could push food prices 14% higher – within months
(WND) On the heels of a prediction from a grocery chain chief that food prices could be 14% higher within just months – because of inflation under Joe Biden – an expert is reminding Americans to remember just who is …
US Existing Home Sales Rise 1.4% MoM In March, But Median Prices Soar 23.4% YoY With Small Increases In Inventory (Where Have All The Affordable Houses Gone?)
by confoundedinterest17 I was reading the usual pundits talking about massive increases in housing coming onto the market, then I saw today’s existing home sales numbers from the National Association of Realtors. US existing home sales were up 1.38% in June …
SoCal home prices hit new record high…
Southern California’s real estate market hit another historic peak in June, with home prices soaring to yet another all-time high, though analysts see the extreme bidding wars of the last year beginning to ease. June’s median home price of $680,000 …
Investors Are on the Lookout for a Crash, But Prices Keep Going Up
by Doug French via Mises An insider confided to a friend that all he is doing right now is transaction work for real estate holders who are selling now before the market crashes. His clients, members of Sin City’s illuminati, once bitten by …
UK drug companies fined £260m for inflating prices for NHS
The UK’s competition watchdog has imposed fines totalling more than £260m on pharmaceutical companies after an investigation found that they overcharged the NHS for hydrocortisone tablets for almost a decade. The Competition and Markets Authority (CMA) found that the drug’s …
BIDENFLATION! Another inflation siren sounding: Producer prices post record spike.
Another inflation siren sounding: Producer prices post record spike. Just one day after reporting the highest inflation for consumers since the Great Recession, the Bureau of Labor Statistics sounded another alarm, this time with June’s producer price index. The PPI …
Coffee prices expected to increase as farmers face export shortage
https://www.wwlp.com/news/local-news/hampden-county/coffee-prices-expected-to-increase-as-farmers-face-export-shortage/
Simply Unaffordable! Global Boom in House Prices Becomes a Dilemma for Central Banks (Throw In China’s Declining Credit Impulse …)
by confoundedinterest17 Housing in the USA and across the globe is becoming simply unaffordable. Surging house prices across much of the globe are emerging as a key test for central banks’ ability to rein in their crisis support. Withdrawing stimulus too slowly …
Fox CA “Perfect Storm Right Now Of Inflation…High Gas Prices, Problems W Trucking & Shipping”
Related: Airline labor shortages cause cancellations, and delays Restaurant workers are quitting like crazy: Morning Brief