No, Inflation Is Not Rolling Over
JUL 12, 2022
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David Stockman and Nicholas Rodway return. Peter Krauth, author of “The Great Silver Bull,” visits for the first time. Much to the surprise of Western leaders, consumer inflation has reared its ugly head for the first time in a major way since the 1970s. At first, they wrote it off as transitory but that soon proved to be untrue. Now with a teeny weenie bit of credit tightening, stock and bond and commodity prices have fallen leading the same leaders to expect that inflation will soon be destroyed and we can return to a hyperinflated equity market that continues to make the top 1% even more absurdly rich while a growing number of the middle class slips into poverty. Regarding the idea of slaying inflation, David stays, “no, inflation is not rolling over. He will explain why the ruling elite will once again be disappointed and what ongoing inflation will mean for the markets. Regarding silver, a recent article declared that “retail investors have thrown in the towel on “poor man’s gold.” Peter will be asked his views on silver in light of an obvious capitulation on silver. Might this be exactly the right time to think about buying that very depressed investment and/or an equally depressed sector, that being the junior gold share sector? One small cap junior explorer that appears on the verge of making a major discovery this summer is Core Assets Corp. Nicholas will update us on that company’s very exciting summer exploration program in the Yukon.
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