Wolf Richter: When The Data Can’t Be Trusted, How The Heck Can We Know How The Economy Is Doing?

Adam Taggart | Thoughtful Money, Released on 8/25/24 The war of conflicting narratives continues. Bulls point to Q2’s robust GDP growth, still relatively low unemployment, an upside surprise in July retail sales, and record high prices for both stocks and existing homes. Bears on the other hand warn about slowing Q3 estimated GDP growth, the […]

Gerald Celente: I’m Buying More Gold, Your Money Will be Seized As Economy Collapses

ITM Trading, Released on 8/23/24 Does Gerald Celente think the Gold is in Fort Knox and where does he see it headed? “Gold could soar to $3,000 an ounce this year,” predicts the legendary trend forecaster and publisher of the Trends Journal. In a no-nonsense interview with Daniela Cambone, he breaks down why it’s not […]

Adrian Day: Recession Signs Intensifying; Real Gold Bull Cycle Hasn’t Even Started

The David Lin Report, Released on 8/21/24 (Recorded on 8/19/24) Adrian Day, President of Adrian Day Asset Management, discusses recession indicators, and the outlook for gold and gold mining stocks. 0:00 – Intro 1:00 – Inflation 7:00 – Recession indicators 10:45 – Unemployment rate 14:22 – Conservative asset management 16:51 – Gold mining stocks 26:00 […]

Mike Shedlock: ‘Way Too Much Is Priced Into This Market’

Adam Taggart | Thoughtful Money, Released on 8/20/24 We’re currently receiving a lot of mixed signals about the direction of the economy? Inflation has dropped to 2.9%. And retail sales for July just beat expectations. That’s good, right? But unemployment has rising to 4.3%, triggering the Sahm Rule recession indicator. And credit card and auto loan […]

Steve Hanke: The Fed is Behind the Curve – Recession is Inevitable

Wealthion, Released on 8/20/24 James Connor welcomes Professor Steve Hanke for a thought-provoking conversation exploring why we’re headed for recession and its implications for an overheated stock market, while also suggesting a safe asset investors should consider under this scenario. The renowned professor of applied economics at Johns Hopkins University issues a stark warning about […]

Jeff Snider: The REAL Economic Data Was Just Released, It’s Not Good

Eurodollar University, Released on 8/18/24 Revisions are a normal part of high frequency data. Constant, near-exclusive downward revisions are not. Rewrites should be more evenly distributed which means these stats are overstating the economy. Plus, the problem is spreading hitting retail sales and IP as well as payrolls. While everyone went nuts over retail sales, […]

John Rubino: Recession, Gold, Gold Miners, War, Russia, China

John Rubino: Recession, Gold, Gold Miners, War, Russia, China

Talk Digital Network, Released on 8/17/24 John Rubino founded the popular financial website DollarCollapse.com in 2004 and sold it in 2022. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a […]

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