Podcast appearances and mentions of wolf richter

After embracing the "no landing narrative" last year and later unleashing animal spirits after the Presidential election that drove stocks to record levels of euphoria, the national mood has turned substantially more dour.Suddenly, the headlines are filled with fears of recession.The post-COVID higher cost of living and the uncertainty caused by the new Administration's policies has many fearing for their household budgets, their portfolios, and their jobs.Are things really this bad?After all, the economy is still growing, inflation has moderated (mostly), and unemployment remains low.When there are so many crosscurrents as there are today, it's prudent to seek the counsel of those who take. cold and calculated look at the data, to see what "is" vs what our biases may want us to see.Which is why we're fortunate to speak with macro analyst Wolf Richter of WolfStreet.com, who will share with us what the charts he regularly compiles are telling him about the true state of today's economy & markets._____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.

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 triggering of the Sahm rule recession indicator, this week's massive downward revision in payrolls, rising consumer debt delinquencies and recent surveys reporting that half of American adults have less than $500 in savings. When sentiment is full of such crosscurrents, it's prudent to seek the counsel of those who take. cold and calculated look at the data, to see what "is" vs what our biases may want us to see. Which is why we're fortunate to speak with macro analyst Wolf Richter of WolfStreet.com, who will share with us what the charts he regularly compiles are telling him about the true state of today's economy & markets. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #recession #economy #jobsdata --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Economic Outlook: From Automotive to AI with Wolf RichterThe Impact of Financialization on the Modern Economy with Wolf RichterCommercial Real Estate and Manufacturing Trends with Wolf RichterExploring the Impact of Financialization and AI in Real Estate with Wolf RichterIn this episode of the Construction Disruption podcast, Todd Miller and co-host Ethan Young sit down with Wolf Richter, founder of WolfStreet.com, to discuss a variety of pressing economic topics. Richter shares his insights on the structural challenges in commercial real estate, the potential impacts of AI on various industries, and some significant trends in manufacturing and housing markets.With a fascinating personal journey that includes a three-year travel experience, Richter offers a unique perspective on business, finance, and real estate. Whether you're in construction, finance, or simply interested in modern economic dynamics, this episode is packed with valuable information and thought-provoking discussions.Timestamps00:38 Introducing Today's Guest: Wolf Richter01:08 Wolf Richter's Journey and Career06:45 Commercial Real Estate Post-Pandemic13:14 Impact of AI on Commercial Real Estate16:09 Manufacturing Infrastructure Boom24:01 Supply Chain Reflections26:43 Current State of the Housing Market30:03 Market Dynamics and Housing Prices30:37 Regional Housing Market Trends31:56 Impact of Mortgage Rates and Supply33:26 Small Business Survival Post-COVID34:53 American Entrepreneurial Spirit38:02 Reading Habits and Information Sources40:19 Life in San Francisco43:21 Financialization and Economic Risks47:58 Rapid Fire Questions53:48 Closing Remarks and Final ThoughtsCheck out Wolf's BlogWebsite: https://wolfstreet.com/For more Construction Disruption, listen on Apple Podcasts or YouTubeConnect with us on Facebook, Instagram, or LinkedInThis episode was produced by Isaiah Industries, Inc.Construction Disruption was recently featured in this 15 Best Podcasts for Contractors list!This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrpChartable - https://chartable.com/privacy

Kerry Lutz and Wolf Richter discussed various topics related to the evolving landscape of different industries. They analyzed the challenges faced by office buildings in major cities due to remote work and the potential for repurposing suburban office buildings into residential developments. They also explored the impact of de-globalization on intellectual property concerns and the challenges faced by manufacturers operating in China. Additionally, they discussed the resilience of electric vehicle sales and the evolving landscape of the automotive industry. Furthermore, the speakers emphasized the potential benefits for utilities from the increasing adoption of EVs and the role of battery installations in managing electricity demand and supply. They also expressed concerns about the energy consumption of AI data centers and the implications for the electrical grid. Overall, the discussion highlighted the complex and far-reaching implications of technological advancements and societal changes on various sectors of the economy. Find Wolf here: wolfstreet.com Find Kerry here: FSN and here: inflation.cafe 

This week on The Nick Halaris Show we are featuring Wolf Richter, the publisher of the Wolf Street Website.  Wolf is an incredible financial mind and his site has become one of the go-to sources for those on global Wall Street seeking sophisticated, in-depth, and independent analysis of economic trends and market dynamics.  I stumbled across Wolf Street several years ago and was blown away both by the quality of Wolf's content and the sheer volume.  Every single day, Wolf releases several articles with detailed analysis, helpful charts and table, and useful insights.  For those interested in trying to understand what's really going on in the global economy and markets, regular time on Wolf Street is a must.I wanted to have Wolf on the show to unpack his latest thinking on the state of the economy, see what he thinks of the investment landscape today, and learn more about what motivates him to do this important work.  As you'll see in the episode, Wolf is a very humble and thoughtful individual and someone who is inspired by a unique mission-driven message.  Tune in to this fascinating episode to learn:Why the government's response to the Great Financial Crisis made Wolf feel compelled to start speaking out and still motivates him todayHow the banking bailouts during the GFC created an alarming lack of accountability across corporate America and laid the seeds for the growing wealth inequality we are seeing todayHow government intervention in the economy through Quantitative Easing and interest rate repression has not only distorted the economy but also has been the major cause in rising wealth inequality and increasing political polarization Why there is a pressing need for greater transparency, accountability, and competition across our economy& Much, much more We also discuss interesting things like why it's so frustrating and annoying to buy a car in America and why Silicon Valley has become a hub for monopolistic practices, and to get into the details of how wealth affects policies like QE actually work in practice.  Stay tuned to the end to hear how Wolf's incredible 3-year journey to over 100 countries and every continent on Earth changed his life and still motivates his work today.As always, I hope you all enjoy this episode.  Thanks for tuning in!      Love this episode? Please rate, subscribe, and review on your favorite podcast platform to help more users find our show.

There are a lot of narratives flying around right now regarding the economy, the stock market, recession risk, jobs, inflation and what's going to happen next year. Given the recent 5%+ Q3 GDP print and one of the best Novembers on record for both stocks and bonds, bulls are back to saying "everything is awesome" again & 2024 will be a great year for making money Bears on the other hand point to near-record levels of overvaluation, recessionary leading indicators and warn the inevitable arrival of the lag effect will see the economy in recession next year and the return of a bear market. When sentiment is full of such crosscurrents, it's prudent to seek the counsel of those who take. cold and calculated look at the data, to see what "is" vs what our biases may want us to see. Which is why we're fortunate to speak with macro analyst Wolf Richter of WolfStreet.com, who will share with us what the charts he regularly compiles are telling him about the true state of today's economy & markets. To learn what's in store for this new Thoughtful Money channel, SUBSCRIBE FOR FREE to Adam's new Substack at https://adamtaggart.substack.com/ #recession #inflation #economy

There is no shortage of opinions out there about where the economy is headed right now. You'll find equally vocal advocates for a hard landing vs a soft landing. And a growing number saying there will be "no landing at all" and a new bull market lies ahead. When there are so many voices at odds with one another, it's useful to look closely at the data and take measure of what simply "is". What are the economic conditions, right now, telling us? To do just that, we welcome Wolf Richter back to the program for a deep look at growth, interest rates, inflation, liquidity, employment and other key indicators. Visit Wolf's website at https://wolfstreet.com/ ************************************************* At Wealthion, we show you how to protect and build your wealth by learning from the world's top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance. We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you. There's no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead? Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis. Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion's endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth. SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: ⁠⁠⁠⁠⁠https://www.wealthion.com/⁠⁠⁠⁠⁠ Subscribe to our YouTube channel: ⁠⁠⁠⁠⁠https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1⁠⁠⁠⁠⁠ Follow Adam on Twitter: ⁠⁠⁠⁠⁠https://twitter.com/menlobear⁠⁠⁠⁠⁠ Follow us on Facebook: ⁠⁠⁠⁠⁠https://www.facebook.com/Wealthion-109680281218040⁠⁠⁠⁠⁠ #inflationrate2023 #interestratestoday #recession2023 ************************************************* IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.

Wolf Richter summarizes that the economy is a mix of different sectors, with some doing well and some struggling. Consumers are still spending, but the banks are facing high interest rates and the commercial real estate sector is facing repurposing and foreclosure. The auto industry is seeing a decline in sales, but Tesla is still doing well. Tesla is shaking up the auto industry by cutting prices and building production capacity in large amounts, forcing legacy automakers to compete on price. This is good for industrial America and consumers, but bad for automakers as sales of internal combustion engine vehicles are at levels not seen since the 1970s. Electric utilities are also benefiting from increased electricity sales. Wolf Richter and Kerry Lutz discussed the current state of the financial system, with Wolf noting that the economy is adjusting to higher interest rates and that banks are struggling with them. They also discussed the possibility of the Federal Reserve cutting rates and the potential impact it would have. Wolf concluded that the economy will muddle through and that it will be many more years before autonomous driving is widely available. Visit Wolf's site: https://wolfstreet.com

Intro SBF gave buddies at Modulu Capital nearly half a billion dollars of stolen funds, and they're giving it back (https://www.coindesk.com/business/2023/03/23/ftx-bankruptcy-estate-to-claw-back-460m-from-modulo-capital), guilty conscience? Do Kwan, founder of crypto-scam Terra/Luna, has been arrested in Montenegro (https://www.coindesk.com/policy/2023/03/24/do-kwon-charged-due-in-montenegro-court-for-extradition-hearing-afp/) News Coinbase, a U.S. cryto exchange, recieved a notice of impending legal action (https://cointelegraph.com/news/coinbase-could-face-sec-enforcement-action-for-potential-violations-of-securities-law) from the U.S. Securities and Exchange Comission (SEC) They're also going after Justin Sun (https://www.sec.gov/news/press-release/2023-59), the founder of crypto scam Tron, among many other shady financial schemes Lindsey Lohan promoted one of his scams and is also being charged Great article about what a tool (https://www.theverge.com/21459906/bittorrent-tron-acquisition-justin-sun-us-china) Justin Sun is Hindenburg Research, an activist short selling investment firm, has published a report on Block (https://hindenburgresearch.com/block/), a U.S. fintech company with a bitcoin focus HR is an interesting business focused on attacking stock valuations (https://en.wikipedia.org/wiki/Hindenburg_Research) by exposing fraud and generating negative media Coinbase eyeing offshore exchange to escape US regulatory pressure (https://cryptoslate.com/coinbase-eyeing-offshore-exchange-to-escape-us-regulatory-pressure/) Economics and Banking The U.S. Federal Reserve, the world's primary Central Bank, will hit the gas and breaks at the same time (https://wolfstreet.com/2023/03/22/powell-explains-the-feds-new-regime-rate-hikes-qt-to-fight-inflation-while-offering-liquidity-to-banks-to-keep-them-from-toppling/) in a bid to maintain 'credible' monetary policy The real balance is acting serious on inflation while preventing blow ups on the balance sheets of bond holders Central Banks globally are panicked and announcing (https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm) policy coordination The Economic Report of the (US) President has a whole chapter (PDF WARNING) (https://www.whitehouse.gov/wp-content/uploads/2023/03/ERP-2023.pdf) on 'digital assets' Bitcoin Education Bitcoin Optech #243 has lots of software updates (https://bitcoinops.org/en/newsletters/2023/03/22/) and new software release candidates Xapo, a Gibralter based bank (https://en.wikipedia.org/wiki/Xapo#cite_note-11), has built lighting integration Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts Chris' notes: 'Member you won't just have liquidity disappear You'll know when you have large sales Boosts are not invoice based. You won't have the problems like we do. LightningNetwork+ (https://lightningnetwork.plus/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)+ Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

"After mind-boggling ridiculous spikes, home prices in most markets are dropping. And in some markets, they're plunging at the fastest pace on record And in some cases, they're going down faster than they'd spiked on the way up. And it's just the beginning." So says analyst Wolf Richter in his recent post "The Housing Bubble Has Popped, and the Fed Can Let it Rip" Just how bad may things get from here? We sit down with Wolf to find out. https://youtu.be/71HnRyxfLkY

Summary: Has the housing bubble popped? Is it in the process of popping right now? Here to give us the latest news on this is Wolf Richter. The housing market is going through a major shift as stocks decline and mortgage rates go up. Even though we can't see the progress of this in real time, we can note how the underlying dynamics are changing dramatically. To find out what's to come, be sure to tune in and hear what Wolf has to say. Highlights: -The momentum is draining out and housing stocks are down -The housing market nationwide is going through a “come to Jesus" moment because of the mortgage rate -Layers of buyers are going to be moved out of the market -We see widespread drops in asking prices and volume is dropping as well -This isn't like watching a crypto chart; we can't see the progress in real time, but we can look at the underlying dynamics which are changing dramatically -Foreclosures are up, but they're still near historic record lows. This is due to home prices spiking—people can sell their home rather than paying it off -Formerly, people were using stimulus to catch up on loans -Many delinquencies were cured last year, and now they're going up -We're probably going to see somewhat of a return to normal levels Useful Links: Financial Survival Network Wolf Street

You are surrounded by witchcraft every day, but in a much more subtle form than in previous centuries.  Find out how you can learn to "spot it in the wild."  Our hosts will also provide media recommendations for those searching for thought-provoking content:"The Rise and Fall of the Gospel Coalition" - podcast documentary by AD Robles (Episode 1)"The Wolf Street Report" - podcast by Wolf Richter"Will in the World: How Shakespeare Became Shakespeare" - biography by Stephen Greenblatt

Having explained the reasons behind his predictions of a hard landing ahead for stocks, bonds and the housing market, macro analyst Wolf Richter returns here in Part 2 of our interview with him to explain just how low prices may go. See the YouTube Video for the charts and graphics: https://youtu.be/tmCJPMJd3y4

In today's podcast, Wolf Richter walks us through the data to help us better gauge WHEN a recession could arrive and determine just how "hard" a landing is in store for the markets. See the YouTube Video for the charts and graphics: https://youtu.be/xs7B_MjlN-k

Summary: I invite Wolf Richter to join us for this episode, and he gives a complete run-down on the housing market—which is up 20-30%, and subject to fluctuate even more due to interest rates. We're seeing that the current inclination (from the perspective of the courts) is to not foreclose on a property. In consideration of how prices have changed the housing market, a relatively small number of mortgages are affected by the price increase. Tune in for more expert knowledge on what to expect in this sector. Highlights: -Housing prices are up 20-30%; will interest rates destroy the housing market? -When you look at prices, it's always a look back—it doesn't mean that they will stay the same way -Mortgage applications for purchases are down 17% from a year ago -There's going to eventually be fewer potential buyers -The inclination now is to not foreclose on a property; people get away with this by selling their property for a higher price -A relatively small number of mortgages are affected by the price increase -Rents are a much more liquid measure—especially asking rents Useful Links: Financial Survival Network Wolf Street

#355 —Nick Corbishley is the author of Scanned: Why Vaccine Passports, Mandates, Digital IDs Will Mean the End of Privacy and Personal Freedom. He's been an editor at Wolf Richter's Wolf Street website and currently writes for Naked Capitalism on finance, economics, and politics. He lives in Barcelona, Spain. The KunstlerCast theme music is the beautiful Two Rivers Waltz written and performed by Larry Unger.

Summary: I have Wolf Richter on the show to discuss some of the direct effects of inflation and how they've been impacting our day to day lives. Not only does this phenomenon turn savers into spenders; we are ultimately spending more regardless due to property rents spiking, used automobiles going up in price, and shortages of materials/laborers. The list goes on—tune in to hear more about what has changed in the economy and some of the forthcoming shifts to expect. Highlights: -Just yesterday, the wholesale price index was up 9.7% -Is the inflation rate really running double what the government says it is? It's certainly higher -Inflation has a pervasive effect, turning savers into spenders -There's an above average supply of used vehicles, but prices continue to spike -Rents have been going up significantly, especially in metropolitan areas -Asking rents have spiked -Building a home requires a lot of planning ahead in consideration of the required resources and labor; it's not as simple a process to start as it used to be -There are shortages of materials/laborers -Higher wages won't solve all problems, but are definitely part of the equation -Some of the labor force has stopped working and started living off their crypto earnings -We will probably see a downward trend of asset prices Useful Links: Financial Survival Network Wolf Street Markets and Bonds with Ross Clark; Truckers and Cryptos with John Rubino; Autos and Real Estate with Wolf Richter. Real Inflation, Could Interest Rates Rise Faster Than Expected? Wolf Richter – Dec. 29, 2021

In this episode of the Keiser Report, Max and Stacy look at the problem with Ponzis as the ‘down rounds' begin. In the second half, Max interviews Wolf Richter of WolfStreet.com about the latest inflation data, and why this is the worst Fed ever.

What do top Money and Markets experts like Jim Rogers, Jim Rickards, John Hussman, Grant Williams, Michael Pento, George Gammon, Wolf Richter and Steen Jakobsen think about the state of the financial markets as we enter 2022? How worried are they about inflation, record high prices for stocks and real estate, Federal Reserve tapering and interest rate hikes, or a market crash? What steps do they recommend today's investors consider taking now? See the YouTube Video for the charts and graphics: https://youtu.be/PU7dZrT-laY

What do top Money and Markets experts like Jim Rogers, Jim Rickards, John Hussman, Grant Williams, Michael Pento, George Gammon, Wolf Richter and Steen Jakobsen think about the state of the financial markets as we enter 2022? How worried are they about inflation, record high prices for stocks and real estate, Federal Reserve tapering and interest rate hikes, or a market crash? What steps do they recommend today's investors consider taking now? See the YouTube Video for the charts and graphics: https://youtu.be/PU7dZrT-laY

Our guest Wolf Richter runs the financial website wolfstreet.com, covering “the stories behind business, finance, and money” since 2011. Spurred by the financial crisis of 2008, Wolf converted his ramblings into a website, hoping to spark discussion on the financial world at the time. Now, with an active community on his site, Wolf keeps it updated with daily articles and reports on all the relevant financial news. You can sign up for his newsletter for the latest information or visit his archive for topics he wrote on in the past. Visit Wolf's website at wolfstreet.com and check out his contact page to get in touch. Episodes are sponsored and produced by Isaiah industries, a manufacturer of specialty metal roofing systems and other building materials. Learn more at isaiahindustries.com

Inflation is really starting to bite. The latest Consumer Price Index -- or CPI -- was released last week, coming out at 6.8%, the highest inflation rate the US has seen in 40 years. Households pinched by these higher prices are asking: When will this stop? Not anytime soon, says macro analyst Wolf Richter, who just issued a report warning that getting inflation under control from here will be a difficult and lengthy process -- especially as the process is being managed by "the most reckless Fed ever". The Federal Reserve, whose policies created today's runaway prices, is now suddenly scrambling to put the inflation genie back into the bottle. It's accelerating it taper plans and now loudly talking of hiking rates, perhaps as soon as summer 2022. This kind of monetary tightening in today's world, of course, threatens to crater asset prices and plunge the economy into recession. Can the Fed somehow avoid that outcome? Time will tell. But as Wolf predicts, the effort and complexity involved in trying to get today's inflation under control will undoubtedly "be a b!#ch". See the YouTube Video for the charts and graphics: https://youtu.be/wY_lIuJDzM0

Inflation is really starting to bite. The latest Consumer Price Index -- or CPI -- was released last week, coming out at 6.8%, the highest inflation rate the US has seen in 40 years. Households pinched by these higher prices are asking: When will this stop? Not anytime soon, says macro analyst Wolf Richter, who just issued a report warning that getting inflation under control from here will be a difficult and lengthy process -- especially as the process is being managed by "the most reckless Fed ever". The Federal Reserve, whose policies created today's runaway prices, is now suddenly scrambling to put the inflation genie back into the bottle. It's accelerating it taper plans and now loudly talking of hiking rates, perhaps as soon as summer 2022. This kind of monetary tightening in today's world, of course, threatens to crater asset prices and plunge the economy into recession. Can the Fed somehow avoid that outcome? Time will tell. But as Wolf predicts, the effort and complexity involved in trying to get today's inflation under control will undoubtedly "be a b!#ch". See the YouTube Video for the charts and graphics: https://youtu.be/wY_lIuJDzM0

The disruption the pandemic has inflicted on global supply chains is really starting to harm consumers. Prices for most items are up double digits in the past year. And product shortages are rampant these days. How much longer is this pain for our pocketbooks likely to last? The world has been watching prices rise dramatically this year across nearly all asset classes -- in large part caused by the $trillions in monetary and fiscal stimulus flooding into the economy as well as the disruption of global supply chains caused by the COVID pandemic. But not only are consumers experiencing rising prices at the store, they're increasingly finding empty shelves, too. On the supply side, things have become so bad that today guest expert, Wolf Richter, has coined the term "The Everything Shortage" to describe the era we're now entering. See the YouTube Video for the charts and graphics: https://youtu.be/Pw51DqC-cQE

The disruption the pandemic has inflicted on global supply chains is really starting to harm consumers. Prices for most items are up double digits in the past year. And product shortages are rampant these days. How much longer is this pain for our pocketbooks likely to last? The world has been watching prices rise dramatically this year across nearly all asset classes -- in large part caused by the $trillions in monetary and fiscal stimulus flooding into the economy as well as the disruption of global supply chains caused by the COVID pandemic. But not only are consumers experiencing rising prices at the store, they're increasingly finding empty shelves, too. On the supply side, things have become so bad that today guest expert, Wolf Richter, has coined the term "The Everything Shortage" to describe the era we're now entering. See the YouTube Video for the charts and graphics: https://youtu.be/Pw51DqC-cQE

Semiconductors have been thrust into the public consciousness this year like never before amid ongoing global shortages. B.C. firms, meanwhile, have been making significant advances in the development of these microchips critical to electronic components. Vancouver-based Epic Semiconductors was recently accepted into Canada's only semiconductor-focused incubator. Chief technology officer Wolf Richter joins BIV Today to discuss the leaps in innovation being made within the industry. Tyler Orton hosts. See omnystudio.com/listener for privacy information.

In this week's SD Bullion Market Update, we examine chaos in alleged Chinese real estate Ponzi schemes coming undone and the incoherent nature of bearish silver and gold trading of late. The world has never seen a nation with the size and scale of China grow so fast.  Of course, years of ghost city scandals and malinvestment projects both built and blown up in short order to clear space for new projects is commonplace. But now, some alleged real estate Ponzi schemes are starting to hit ordinary people's life savings, and tens of thousands want their money back. Once the country's second-largest real estate developer, Chinese property development giant Evergrande, is drowning in debt and likely defaults on what it owes. Some 1.5 million people have put deposits on new homes that have yet to be built. Reportedly over 70,000 retail investors forked over vast sums of money, in some cases their entire life savings, after the country's second-largest, 'too big to fail' property developer wooed them with promises of 10%+ annual returns. After accumulating an equivalent value of about $410 billion fiats Fed notes in liabilities, the company Evergrande - which became the country's largest high-yield dollar bond issuer (16% of all outstanding notes) - sparked protests across the country earlier this week after announcing they were forced to delay payments in their wealth management products. Evergrande allegedly has more than 700 real estate projects across 223 Chinese cities - most of which lie in the country's less developed regions - and has committed to complete some 1.4 million properties by the end of June, according to The Straits Times.  Beijing has yet to make an official statement on what actions will be taken as many unsecured investors, both domestic and foreign, are hoping for a full-on government bailout. According to Wolf Richter of WolfStreet.com, "Property development has been a huge factor in China's economic growth and supposed miracle story. It accounts for 28% of GDP. And much of it has been funded by debt, including fiat dollar-denominated debt, and much of it is now blowing up in their faces. So will the collapse of overleveraged Chinese property developers cause a financial crisis in China and perhaps beyond? It could. But some of the biggest losers are foreign investors that bought those bonds, and not Chinese banks, and for a financial crisis to happen, it would have to sink China's banking system." For now, according to Wolf Richter, it looks like China might be trying to force "a brutal deleveraging on the property sector to bring down risks and tamp down on rampant speculation and price increases. It looks like an effort to rebalance the economy away from property development. It looks like investors are invited to eat the costs of this forced deleveraging, with the government perhaps teaching them a lesson, namely that they might not get bailed out and that the flood of liquidity into the property sector was misguided and needs to end. And it looks like the government is willing to take the risks of spillover effects into the broader economy and credit markets. And if, in fact, the government refuses to bail out bondholders, and allows a large-scale bloodbath among investors, particularly foreign investors, to occur in order to deleverage the economy, that would be a sea change for investors in China." In the coming weeks and months, we will likely see the Chinese financial authorities' direction. Again those 4 GSIB bank names (see page 3) we highlighted in this week's video, as defined by the Bank for International Settlement Financial Stability Board. Those are the Chinese megabank names to stay focused on in terms of potential contagion going possibly beyond China's borders. Silver and gold spot prices have been trading like trash of late. Maybe's now nearly time to buy high-grade gold jewelry instead of plowing all your family's wealth into some pie sky, ghost city malinvestment project https://t.co/i5AHidvp9R — James Anderson (@jameshenryand) September 17, 2021 The gold spot price is likely to close this week around the $1,750 oz handle, and the silver spot price looks to finish the week just below $22.50 oz. Silver is teetering on the bottom of its last over one-year consolidation channel, lookout. The gold-silver ratio has now climbed near 80, and it remains to be seen what kind of spot price attack shenanigans might get let loose this coming Sunday night in low-volume Asian trading to possibly get shorts out from under any potential paper losses they may still be staring at. If you are still acquiring physical bullion and precious metals positions, keep your heads on a swivel and potential buying triggers engaged.  Here is the gold spot price vs. the 200-day moving average throughout this whole fiat currency era now over fifty years running. Now we'll zoom into the last five years so you can see the context of where we are versus recently been. Here is the silver spot price vs. the 200-day moving average throughout this full fiat currency era now over five decades running. Again we'll zoom into the last five years so you can see the context of where we are versus where we have somewhat recently been. Anecdotal reports out of China are Chinese housewives have been buying the price dip and gold bullion import inflows were heavy this past week. On the United States side of this current situation, Daniel Oliver of Myrmikan had this gold versus real negative interest rate chart to remind us of how misplaced things are in the financial markets at the moment. Remember that when looking at current negative interest rates near negative five percent per annum, the US government is likely underreporting actual price inflation by a factor of times or so, meaning real inflation is expected to be running around 10% for most citizens.  Back in the 1970s, the US government and Bureau of Labor Statistics were not in the full-time business of rigging price data regularly as they are increasingly now. The case for the price of gold being multiples of where it is right now can be made based on past historical precedence repeating. But just let's wait and see how much worse the inflation data gets in the coming yrs before we get entirely shocked by this perverted price discovery. The reported balance sheet of the Federal Reserve is now at $8.5 trillion and counting.  Remember what happened last time the Federal Reserve tried to taper its balance sheet while the Federal Funds Rate got moved up to near 2%? That's right, the stock market rolled over violently, and emergency phone calls on Christmas Eve 2018 were made to the plunge protection team and US-megabanks. This financial system is still structurally sick as a cancer patient. The question of when confidence starts collapsing and investors start running for the tiny exits, that's what we're staying focused on here. This week, the Institute for International Finance reminded the world of the crazy debt binge it's been on, especially over the last handful of years. Of course, many of these challenging debt levels are owed by corporates, households, and others denominated in fiat currencies. Most of these debtors do not have their very own legal tender printing presses. Newsflash: much of this debt is not going to get paid back in real term$. Not accounted either in these totals are $100s of trillions not saved for unfunded liabilities that the west owes. For example, unfunded programs like social security, medicare, government pensions, and other mandatory government promise piles accrued in the USA alone. How will the future defaults and currency debasements in absolute real value terms unfold? Now to move this bullion market update back to silver from the start of September 2021. Long-time silver derivative trade Peter Brandt tweeted the asymmetric bet he was supposedly making to begin this month. The idea is that the silver spot would not see below $20 oz before running at $50 oz ahead. Well, that claim is now an honest question. But let's look at some ridiculous fundamental drivers outside of record silver investment demand ongoing. For example, the Biden administration is about to propose a $3.5 trillion infrastructure bill. A large portion of promises is about a massive solar panel buildout for the US electric grid in the decades to come. We now have outlandish claims from the Department of Energy stating that 40% of US electricity will come from solar panels by 2035. Imagine a solar panel a bit smaller than the state of Maine broken up and sprinkled about on rooftops and in unused sections and swaths of arid and non-US farmlands. The US Department of Energy also has a Solar Futures Study, 310 pages long, and one riddled with many assumptions that will prove wrong. But the most salient part was likely on the report's page 166, where they explicitly state, "silver demand from solar panels could reach almost 40% of 2020 global production in a global decarbonization scenario." Ah, Earth to the Department of Energy. I don't know; maybe you haven't been paying attention thus far this decade. But the amounts of silver bullion and investment ETF demand ongoing and likely to come will be a real problem for silver supply levels at these paltry spot prices. London complained that they almost ran out of silver bullion inventories a mere handful of months ago. You better come up with a higher spot price to induce the silver mining and refining required to meet the lofty figures you published in this report. This report also talks of one-day undefined thrifting more expensive silver inputs for copper into this solar panel infrastructure grid build-out. Never mind that current copper solar panels don't perform as well nor last as long. And oh yea, silver laced solar panels only have about a three-decade lifespan, so hopefully, by the year 2050, we've invented cold fusion and free energy. But the Department of Energy has a commingled figure of 2,572,056,000 oz silver / and later thrifted solar panel copper ounces that will supposedly go into this massive government energy program. So the idea that the silver spot price will slip back and flounder into the teens for a long duration to come is pretty silly. The US government is talking about silver-laced solar panels combined with their seemingly infinite fiat monetary base ramping galore; silver should be set up for some of its best years to come. That is all for this week's SD Bullion update. Thanks for tuning in, and as always, take great care of yourselves and those you love.

Summary: All of the madness is coming to a head in the housing market, so today, Wolf Richter and I get on the podcast to discuss what exactly is happening with buying and selling homes as a result of the current economy. San Francisco in particular is experiencing an interesting circumstance: seasonality is returning, which has been absent for most of the pandemic. We are seeing a rising market as well as individuals eagerly spending more money, which is stimulus driven. Tune in to hear about the interesting dichotomy between the economy and housing market, and what is to come in this industry. Highlights: -All of the madness is coming to a head in the housing market -People are reducing their asking prices—how can this be? -Every local market is different. In San Francisco, it is dominated by condos and has not gone anywhere in three years in terms of price. House prices have sky rocketed with a medium price at $2 million, dropping by 8% in July -Seasonality is returning, which we have not seen throughout the pandemic -Medium price dipped for single family houses, and for condos it jumped -The volume fell quite a bit; prices dipped a bit from the peak -There are very elevated prices at the moment, and this poses an issue as incomes do not match -Drops in prices bring buyers out -A lot of supply is coming on the market — this is the most new houses we've seen on the market since 2008 -Mortgage rates are still extremely low by historical standards. If mortgage rates go up, what will happen to the market? -The Fed is already talking about tapering its asset purchases, which will likely happen this fall. This affects mortgage rates and long term interest rates -The trend now is buying rental homes close together, which is more efficient than having single family homes scattered -In a rising market, foreclosures are extremely rare -We don't have the situation of short sales -Does the shadow inventory still exist?, or have banks flushed this out This is pretty much gone, according to Wolf. -The carrying costs of vacant homes are very high, so this will probably bring more properties to the market -What does the housing market tell us about the broader economy? Every time there is a shortage within the economy, we see prices rise. -People are still eagerly spending money, which is stimulus driven -States are sitting on a lot of money they haven't spent yet, which will be put to use soon -We are in an overstimulated economy - red-hot demand with supply constraints Useful Links: Financial Survival Network Wolf Street

Max and Stacy compare the situation in Afghanistan where the US failed to secure ‘victory' after 20 years and US monetary policy where the strategy is similar: ‘One more bout of QE' is the ‘one more surge will gain us victory over the enemy forces' – be they Taliban or deflation. In the second half, Max chats to Wolf Richter, publisher of WolfStreet.com, about the inflation mindset and supply chain chaos.

Questions on Protecting Wealth with Gold & Silver? Call 877-410-1414 or Schedule a Call for Later Here: https://calendly.com/itmtrading/youtube?utm_source=YouTube ____________ To see Lynette's slides and research links from this video: https://www.itmtrading.com/blog/coffee-with-lynette-zang-wolf-richter/ On WOLF STREET you'll find in depth writings on economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other debacles and opportunities that catch his eye. His work is brilliant, insightful and very understandable and you know I utilize his work all the time. Podcast: https://anchor.fm/itmtrading Follow Wolf Richter ⬇️ Website: https://wolfstreet.com/ Twitter: https://twitter.com/wolfofwolfst Follow Lynette Zang ⬇️ Instagram: https://www.instagram.com/lynettezang/ Twitter: https://twitter.com/itmtrading_zang ____________ FYI: ITM Trading is comprised of Precious Metals and Economic Experts. We are not financial planners, nor do we do general financial consulting. We are Gold & Silver Strategists. We sell Gold & Silver to Strategic Investors who want to protect their wealth with the proper types, dates, and qualities of precious metals. For more info Call: 877-410-1414 For More Videos and Research Click Here: https://www.ITMTrading.com/Blog If you have questions to submit for our Q&A Video Series, send them to: Questions@ITMtrading.com STAY IN THE KNOW! For Critical Info, Strategies, and Updates Subscribe here: https://www.youtube.com/user/ITMTrading?sub_confirmation=1 If you're not already in a protected position for the next crisis, call us for your free strategy consult: 877-410-1414 THEN WHAT? If you want to know what to actually DO about all of this, that's what we specialize in at ITM Trading. How do you protect your wealth for the next collapse and financial reset? Yes Gold and Silver, but what types? How much of each? What strategy? And what long term plan? If you're asking these questions you're already ahead of the game... We're here to help, as it is our mission to safeguard the public from the inevitable downfall of the dollar, stock markets, and real estate. We are the most recommended precious metals company in the industry for good reason, because we create lifetime relationships with our clients, and facilitate strategies for lifetime security. Find out if you're properly protected today... ITM TRADING: Helping Build Your Future, Freedom, and Legacy Call Today for Your 1st Strategy Session: 877-410-1414 You can also email us at: Services@ITMtrading.com For Instant Updates and Important News, please follow us on: All Our Videos and Research: https://www.ITMTrading.com/Blog Homepage: https://www.ITMTrading.com ITM Trading Twitter: https://twitter.com/itmtrading Lynette Zang Twitter: https://twitter.com/itmtrading_zang Facebook: https://facebook.com/ITMTrading By ITM Trading's Lynette Zang Call Us Direct for Long-Term Gold & Silver Strategies: 877-410-1414 ITM Trading Inc. © Copyright, 1995 - 2021 All Rights Reserved.

Episode slide deck: https://bit.ly/2SkAudQ   - This Special Edition of the podcast features an interview of Wolf Richter of Wolfstreet.com, with Saxo's John Hardy hosting. The discussion centers on developments in the US economy and financial markets, especially the distortions created by the fiscal and monetary responses to the pandemic and the shifts that could lie ahead as the immediate stimulus effect fades. Inflation is also high on the agenda here as well in this engaging conversation with the great independent voice that Wolf brings in commenting on the economy and financial markets.  Intro and outro music by AShamaluevMusic

In this episode of the Keiser Report, Max and Stacy look at the signs of continuing asset price inflation as more and more money printing is pushed into the economy and yet, ‘is goldbug macro dead?’ Despite the unprecedented increase in money supply, gold has barely responded since last summer. What does this mean? In the second half, Max continues his interview with Wolf Richter of WolfStreet.com about price signals and bond markets.

On this episode of the Keiser Report, Max and Stacy look at the explosion in mortgages for second properties. In the second half, Max interviews Wolf Richter of wolfstreet.com about whether or not the debt is sustainable.

Macro analyst Wolf Richter is confident we are living in the largest asset price bubble ever blown. And the recent staggering run-up in prices in stock, housing, commodities and Bitcoin convince him that we are currently at the market's peak...to be followed by a painful correction. See the YouTube Video for the charts and graphics: https://youtu.be/eDZ77uAKmmc

Macro analyst Wolf Richter is confident we are living in the largest asset price bubble ever blown. And the recent staggering run-up in prices in stock, housing, commodities and Bitcoin convince him that we are currently at the market's peak...to be followed by a painful correction. See the YouTube Video for the charts and graphics: https://youtu.be/eDZ77uAKmmc

Boom in consumer purchases in durable goods. Surging imports and price increases. Container shortage. Triggered by stimulus money. Tracking the Fed, still buying bonds. Short term rates are locked down, but they’re encouraging higher long term rates, they’ve tripled so far. They could go up to 2% for 10 year and then they’ll cap it. 3% would be a major problem. We’re getting over 2% inflation. Long term rates are okay up to the inflation rate for now. The Fed has spoken with a unified voice that they’re accepting higher rates for now. As has Treasury Sec Yellen. Rising growth and rising rates are okay as long as they don’t go up too fast and too high. Wolf sees it as the Fed’s minor way of bringing order back to the markets. Look for a slightly depressed housing sector. Clamping down on exuberence, pulling the punch bowl away. It could go pretty far if inflation and expectations continue higher. Eventually they will step in to stop long term rates from increasing higher. Precious metals have already benefited from this beginning inflationary cycle. They might very well have gone up in anticipation of the beginnings of the cycle. If it turns out to be bigger and badder, then there could be another run-up. A lot of interest in cryptos could have drained demand for precious metals. Cryptos can’t be compared to anything else, by design. Supply is unlimited. Copycats galore. If enough hedge funds and asset managers buy it, the sky is the limit. There’s more cryptos than stocks now. Everything is inflated except bonds, excluding junk bonds. Hard to recommend buying anything at this point. Everything is overvalued. Hang on to what you have and buy productive assets, those that generate a cash flow.

Boom in consumer purchases in durable goods. Surging imports and price increases. Container shortage. Triggered by stimulus money. Tracking the Fed, still buying bonds. Short term rates are locked down, but they’re encouraging higher long term rates, they’ve tripled so far. They could go up to 2% for 10 year and then they’ll cap it. 3% would be a major problem. We’re getting over 2% inflation. Long term rates are okay up to the inflation rate for now. The Fed has spoken with a unified voice that they’re accepting higher rates for now. As has Treasury Sec Yellen. Rising growth and rising rates are okay as long as they don’t go up too fast and too high. Wolf sees it as the Fed’s minor way of bringing order back to the markets. Look for a slightly depressed housing sector. Clamping down on exuberence, pulling the punch bowl away. It could go pretty far if inflation and expectations continue higher. Eventually they will step in to stop long term rates from increasing higher. Precious metals have already benefited from this beginning inflationary cycle. They might very well have gone up in anticipation of the beginnings of the cycle. If it turns out to be bigger and badder, then there could be another run-up. A lot of interest in cryptos could have drained demand for precious metals. Cryptos can’t be compared to anything else, by design. Supply is unlimited. Copycats galore. If enough hedge funds and asset managers buy it, the sky is the limit. There’s more cryptos than stocks now. Everything is inflated except bonds, excluding junk bonds. Hard to recommend buying anything at this point. Everything is overvalued. Hang on to what you have and buy productive assets, those that generate a cash flow.

In today's episode I cover John Locke's thoughts on political control, the latest round of lockdowns and why The Fed seems to have ignored everything Japan learned about monetarism in 2002. At what point does it simply no loner work to keep printing money? What happens when unemployment rises at the same time as incomes are skyrocketing? What strange times we inhabit! In this episode we also explore some interesting stats from Wolf Richter on what we can expect in the post-covid 'New Normal.'

Read more > Listen to the podcast (duration: 34:27) > The board agenda has been crowded since the start of the pandemic, and many issues have acquired new urgency. This episode of the Inside the Strategy Room podcast focuses on board priorities in the new era. Frithjof Lund, a senior partner and the leader of our board services work, speaks with two cybersecurity experts about how boards of directors should help their organizations ensure they are prepared for potential cyberattacks. John Noble is the former director of the United Kingdom's National Cyber Security Centre, and a board member ofNHS Digital, the national information and technology partner to the country's National Health Service. Wolf Richter is a McKinsey partner who helps chief information officers capture the benefits and mitigate the risks of tech-enabled transformations.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 34:27) > The board agenda has been crowded since the start of the pandemic, and many issues have acquired new urgency. This episode of the Inside the Strategy Room podcast focuses on board priorities in the new era. Frithjof Lund, a senior partner and the leader of our board services work, speaks with two cybersecurity experts about how boards of directors should help their organizations ensure they are prepared for potential cyberattacks. John Noble is the former director of the United Kingdom's National Cyber Security Centre, and a board member ofNHS Digital, the national information and technology partner to the country's National Health Service. Wolf Richter is a McKinsey partner who helps chief information officers capture the benefits and mitigate the risks of tech-enabled transformations.Join 90,000 other members of our LinkedIn community: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

The board agenda has been crowded since the start of the pandemic, and many issues have acquired new urgency. This episode of the Inside the Strategy Room podcast focuses on board priorities in the new era. Frithjof Lund, a senior partner and the leader of our board services work, speaks with two cybersecurity experts about how boards of directors should help their organizations ensure they are prepared for potential cyberattacks. John Noble is the former director of the United Kingdom’s National Cyber Security Centre, and a board member ofNHS Digital, the national information and technology partner to the country’s National Health Service. Wolf Richter is a McKinsey partner who helps chief information officers capture the benefits and mitigate the risks of tech-enabled transformations. Read more > Listen to the podcast (duration: 34:27) >

The board agenda has been crowded since the start of the pandemic, and many issues have acquired new urgency. This episode of the Inside the Strategy Room podcast focuses on board priorities in the new era. Frithjof Lund, a senior partner and the leader of our board services work, speaks with two cybersecurity experts about how boards of directors should help their organizations ensure they are prepared for potential cyberattacks. John Noble is the former director of the United Kingdom’s National Cyber Security Centre, and a board member ofNHS Digital, the national information and technology partner to the country’s National Health Service. Wolf Richter is a McKinsey partner who helps chief information officers capture the benefits and mitigate the risks of tech-enabled transformations. Read more > Listen to the podcast (duration: 34:27) >

The board agenda has been crowded since the start of the pandemic, and many issues have acquired new urgency. This episode of the Inside the Strategy Room podcast focuses on board priorities in the new era. Frithjof Lund, a senior partner and the leader of our board services work, speaks with two cybersecurity experts about how boards of directors should help their organizations ensure they are prepared for potential cyberattacks. John Noble is the former director of the United Kingdom’s National Cyber Security Centre, and a board member ofNHS Digital, the national information and technology partner to the country’s National Health Service. Wolf Richter is a McKinsey partner who helps chief information officers capture the benefits and mitigate the risks of tech-enabled transformations. Read more > Listen to the podcast (duration: 34:27) >

Check Keiser Report website for more: http://www.maxkeiser.com/Max and Stacy discuss the ‘cash-burn machines’ of the ‘everything bubble’, as Wolf Richter calls them. These bonfires of cash have been gobbling up hundreds of billions of dollars in investor capital looking for greater fools to come along and throw some of their capital into money-losing enterprises like the so-called ‘tech unicorns’ and loss-generating fracking operations. Max continues his conversation with David Morgan of the Morgan Report about de-dollarization, the importance of clearing global trade through the NY Fed, and whether or not gold miners are finally back in a bull market.

In this episode of the Keiser Report, Max and Stacy discuss Americans living paycheck to paycheck despite a 40-year bull market in bonds where interest rates have been declining year after year for decades. In the second half, Max continues his interview with Wolf Richter of WolfStreet.com about 100-year bonds, Argentina’s latest likely default, and the housing market in the US.

Check Keiser Report website for more: http://www.maxkeiser.com/In this episode of the Keiser Report, Max and Stacy discuss former central bank chairman Alan Greenspan, warning that there are no barriers to negative yields in the US. In the second half, Max interviews Wolf Richter of WolfStreet.com about the significance of negative yields and what it says about the future of our economy.

Interview with Wolf Richter, Founder and Publisher of Wolfstreet.com. Wolf Richter walks us through global markets and his outlook on the global economy and US Fed rate cuts

June 28th, 2019(S14-E702)Featured GuestsWolf Richter & Bill MurphyPlease Listen HereInterview Recap Bill Murphy of GATA.org returns to the show with fresh insights on the stunning PMs... GREATEST INVESTMENT INFO ON THE WEB!!!

Wolf Richter is a financial analyst and economics commentator based in San Francisco. He is founder/CEO of the Wolf Street Corp, publisher of WolfStreet.com. Richter has a BA, MA and MBA from the University of Texas (Austin) and 20+ years of C-level operations experience. This includes company turnarounds and a VC-funded startup. His website highlights the Federal Reserve, housing and international business. A recent key article of his titles: How People Turn into "Debt-Slaves". "In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China." --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/iantrottier/support

Debt markets is awash in $9 Trillion in government debt, much of it trading at negative interest rates. Fundamental analysis is dead according to Wolf Richter. Everythiing is trading at stratospheric valuations, especially the FANG stocks. The algo's are running the show. Most of what they're trying to predict cannot be predicted with certainty. Once the selling starts, the Algo's may pile on the selling just like they piled on when it was going up. Without fundamental analysis, how can stocks stay up. Commodity prices are at major lows. Interesting times indeed. When the system thwarts honest, hard working people, the system has failed. The system just grinds them down. And from Mises, colleges degrees are becoming valueless. Students no longer think critically. Tuition is increasing but future incomes are falling. PM weekly update--range bound in a trend. A little more to go on the downside. Let's see where they go from there. Palladium blows the whistle on the LME. Palladium lease rates are going way higher. Sign of things to come? Newsletters:     Free E-Mail Newsletter     Full TMR MembershipBuying Precious Metals     Buy Gold, Silver Monthly and Earn Coins     Book: The Silver Manifest           

Interest rates moved up like everyone expected. Stocks shrugged it off. Gold stocks went up but GDX bellow the 200 day moving average. China is still dumping treasuries to the tune of $45 billion. But the good news is that Wall Street bonuses are up, over 900 percent over the past 3 decades. The rich really are different than you and me. Wolf Richter notes that inflation is up, good for Keynsians, but for you and me. Canadians are drowning in a sea of debt as are the rest of us. India tried to stop Indians from buying gold, so they took away their cash. Didn't work out too well. Silver news releases, First Majestic is buying back its stock. Just like Apple! A little more trial by fire on the downside in metals, perhaps. 

In this episode I talk to Wolf Richter of TestosteronePit.com Wolf is based in San Francisco, haover twenty years of C-level operations experience, including turnarounds and startups. This website, Testosterone Pit, “where the truth comes home to roost,” is a cynical, tongue-in-cheek perspective on economic and political entanglements in the US, the EU, Japan, and occasionally elsewhere.