War, Gold, and the Fed’s Next Move
Two interviews, two timelines: before and after the Middle East war. Mark Thornton explains what the conflict means for oil, inflation, and why gold and silver still signal deeper trouble ahead.
Two interviews, two timelines: before and after the Middle East war. Mark Thornton explains what the conflict means for oil, inflation, and why gold and silver still signal deeper trouble ahead.
War should be good for gold, so why is it falling while oil climbs? Mark Thornton explains.
Even if peace breaks out tomorrow, the economic damage is done.
Gold and silver whip around with war and liquidity stress, while the Fed quietly rolls out “emergency” support. Mark Thornton explains what’s driving the moves.
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who it crushes, and what comes next.
Mark Thornton reviews John Mearsheimer’s Why Do Politicians Lie? and connects political deception abroad to the Fed-driven distortions now warping markets, money, and the working class.
The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the S&P 500 is in just ten stocks. Wall Street sees nothing wrong.
Mark Thornton warns that war propaganda turns citizens into dupes. Ludwig von Mises’s critique of statism explains why foreign conflicts keep returning.
El economista Robert Barro ha cuestionado la necesidad de librar una guerra en este país para acabar con la esclavitud. En la sección «Friday Philosophy» de esta semana, el Dr. David Gordon analiza el razonamiento de Barro y lo considera acertado.
Gracias a la Reserva Federal, el gobierno de los EEUU siempre tendrá suficiente dinero impreso para financiar sus planes tiránicos.