CBO foresee inflation climbing in early next year as energy costs stay high and rates rise—how this affects your wallet and planning.

Inflation is a policy choice, not a mystery. Understand how money supply drives prices and how to shield your wealth from its effects.

Understand the real dangers of current inflation levels, the Fed’s role, and the growing trend of turning to gold for financial security.

Uncover the real inflation drivers beyond the CPI, including energy and food costs, and get insights on protecting your finances amid economic challenges.

Let's dive into the implications of the January producer price increase and how it relates to consumer prices and economic stability.

Learn how rising food and healthcare costs signal a declining dollar's purchasing power, pushing investors toward gold and silver.

Find out why food prices like beef, eggs, and coffee are soaring and how precious metals can help you hedge against ongoing, compounded inflation.

It’s really just Economics 101.  Normally if there is a huge bumper crop of oranges next year in Florida, or if the weather is great and it’s a record year for corn growers in the farm belt, you know that prices of oranges or corn will go down.   Since interest rates are the cost of borrowing money, how exactly does the Federal Reserve make the price of money go down?  They have to make more of it.  Whether by old fashioned printing, by digital methods, or by some other means, they have to somehow increase the supply of money and credit.  A bumper crop of printed dollars.  Economics 101. So that is what the Fed committed to doing last week in contriving lower interest rates.  It is inflating (expanding) the supply of money and credit.  That’s where we get the term “inflation.” Now some of the reasons for inflating are publicly discussed by officials.  When a slowdown looms, they

The pilots flying don't know how to fly! We don’t know how to say it nicely.  Besides, your wealth and prosperity matter too much to pussyfoot around about stuff.  So here you go: Far from the fabled “best and brightest,” of yesteryear, today’s Washington clowns have no idea what they are doing to our economy.  But it’s not good. All eyes have been on Jackson Hole lately were government economists gather every August.  But it is not a gathering of great minds.  It’s a gathering of pilots who don’t know how to fly the plane.   We remember Federal Reserve chairman Jerome Powell at Jackson Hole a few years ago insisting that inflation was transitory.   Hello, must we remind anyone about inflation hitting double digits in Phoenix? We remember the Obama economic advisor enjoying the Grand Teton weather not that many summers ago where he went to explain that all we needed was more government spending.   Hello, let

Is the Inflation Rate only the 3% that the Government says it is? Here’s a wake-up call!  Yes, another one!   The government tells us the inflation rate is currently 3.0 percent.  That’s the Consumer Price Index increase for the 12 months ending in June.   Between January 2020 and last May, consumer prices rose 21.75 percent.  According to government numbers, that is.   Sure.  Biden is at the peak of his game.  He’s never been better.  And consumer prices have only risen 21.75 percent over roughly the last 4 ½ years. Why do we find this number so incredible?   Simple.  It doesn’t square with our experience or the experience of anyone we know! One fellow posted a TikTok video showing a Wal-Mart receipt for a grocery purchase he made in 2022.  The 45 items he purchased – he described it as a full month’s groceries – cost a total back then of $126.76.  Because the app has a

They’re even wrong about being wrong about inflation! What a bunch we have running fiscal policy in our country.  Treasury Secretary Janet Yellen has distinguished herself for being wrong about inflation and virtually everything else.  And President Biden, well there’s no need to describe his abject confusion anymore.  Since everyone except a few shameless toadies in the media can see it, that would be beating a dead horse. But their public positions are both utterly incoherent and incompatible.  When fiscal policy is this contradictory, it is time to seek refuge in gold and silver! Yellen’s cluelessness and apologies for not understanding inflation are the stuff of legend.  But there is more, so much more… Her support for a wealth tax, a tax not on income but on property people own, a tax on unrealized capital gains that would even require people to sell family businesses to pay, would have Karl Marx dance a commie jig!    Equally destructive was her

It’s a purchasing power calamity! Brace yourself!  Another huge wave of inflation is approaching!  The purchasing power of your savings is about to get swamped once again.   So far the purchasing power of the US dollar has lost about 20 percent of its value during the Biden presidency.  But the Biden presidency is not over yet!  Brace yourself for more Biden inflation and brace your savings with gold and silver. The gold and silver markets are saying another wave of inflation is about to hit! Here’s what is going on: Wholesale prices are running hot.  The Bureau of Labor Statistics reported recently that the Producer Price Index accelerated to its highest level in a year.  Producer prices are a leading indicator of coming consumer prices because producers pass along their higher costs.  Stated differently, today’s wholesale prices are tomorrow’s consumer prices.   Rising commodity prices mean higher consumer prices, too.   Copper is one of the leaders in rising

The headline on Yahoo! Finance reads, “Living on Edge: Nearly 90% of Retirees Worried Inflation Will Eat Away Savings.” The story reports that a third of retired Americans are worried that they haven’t saved enough.  No surprise there.  89 percent describe themselves as deeply concerned about the erosion of their purchasing power by inflation.  As well they should be. You can not reply on a dollar-dependent retirement. Add to that a crisis of confidence over the future of Social Security.  44 percent of non-retired Americans are afraid that Social Security will run out.   Will it run out?  It already has run out!  The money you and millions of Americans paid into Social Security over your lifetime has been spent.  In its place, the politicians left an IOU.   Great.  A government that can’t even pay its on-the-books visible debt of almost $35 trillion is whistling past the graveyard if it is pretending that it can pay its off-the-book hidden

One easy lesson... here's what will happen to your money! The current inflation rate (CPI) is 3.1 percent.  What does that mean for your money?  Jim Rickards at the Daily Reckoning sums it all up in just a few words: How damaging is 3.1% inflation? That rate will cut the value of the dollar in half in 22 years. It’ll cut the value of the dollar in half again in another 22 years. Put differently, if you start your career at the age of 21 and retire at 65, the dollar you earned at age 21 will only be worth 25 cents by the time you retire. That’s 75% wealth confiscation by government-caused inflation. There’s nothing benign or comfortable about 75% wealth confiscation. But that’s where we are today. And that is the story in a nutshell. “There’s nothing benign or comfortable about 75% wealth confiscation.  But that’s where we are today.”