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While Israeli troops prepare for a possible ground invasion into Lebanon, the U.S. and its allies are scrambling to patch together a temporary ceasefire that could postpone the worst of the conflict.
In the wake of the Fed’s juicy 50 bps interest rate cut, the dollar responded immediately by dropping against gold. With more rate cuts on the way, Israel’s war expanding rapidly, and inflation ready to rip higher, new record prices are on the way for the yellow metal.
The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.).
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.
On Friday night, Peter took again to X Spaces to comment on the Fed’s recent decision, the stakes of the upcoming election, and Bitcoin, among other topics. He spends most of the Space interacting with his followers and responding to their questions. Follow Peter on X to catch the next Space he hosts.
Last week, Peter appeared on This Week in Mining with Jay Martin. They spend a good chunk of time discussing the logic (or illogic) or price controls, de-dollarization, and the possibility of a commodities boom in the post-COVID economy. This is Peter’s second appearance on Jay’s show this year. You can view his first interview […]
Gold closed the week at $2,621 (up $43 since last week) and silver at $31.15 (up $0.44). This episode explains in-depth the massive Fed interest rate cut announcement. A new phase of surging inflation and higher metals prices begins now.
On Wednesday, Peter appeared on Claman Countdown with Liz Claman on Fox Business. There he voiced strong opposition to the Fed’s recent decision to cut interest rates by 50 basis points, pointing out that this behavior is what got the economy in trouble in the first place.
On Wednesday night, Peter took to his podcast to analyze the Fed’s 50 basis point rate cut. He discusses the Fed’s motives in cutting interest rates, why the move is another mistake in a long sequence of policy errors, and also points out the irony in campaign rhetoric surrounding price controls. Make sure you also […]
Last week Peter appeared on Impact Theory with Tom Bilyeu to discuss inflation, Federal Reserve policy, wealth taxes, and a whole host of other economic subjects. This is the latest in a string of recent interviews Peter has appeared in. If you missed them, check out his appearance on Bankless and a David Lin debate […]
