/biz/ - Business & Finance

>>30045583
I'm certain we're in a hyperinflation already, it's cerfully kept hidden for now by keeping the money out of circulation, but the cracks in the lid are growing larger.

Food in the US 9% more expensive than one year ago
https://gro-intelligence.com/insights/articles/us-core-food-inflation-accelerates-gro-index-shows

>>30001610
>There will be inflation, yes, but nothing catastrophic

Catastrophic inflation is already here. It's over. It's done. The authorities have lost control and there is no turning back.

https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here

Already reflected in the prices of commodities which they are struggling to suppress like copper, lumber, etc., constantly hitting new highs.

>>29651925
Bear in mind that this article is from October 2020. Everything that it's talking about now is twice as bad (money supply, price of commodities like copper, the authorities losing control of things--latest news is M1 money supply will now be hidden).

https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here

>>25963338

The recent increase in the price of food and commodities corresponds to the parabolic money-printing which is now going on. "Have a look at US M1, the quantity of narrow money in the American economy. The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart." Observe that 9.6% monetary inflation per annum corresponds with the price inflation which ShadowStats and the Chapwood Index have been finding for the past ten years (about 10%, which the people in that video deny), and that the recent 60% corresponds with what we are seeing in the prices of food and commodities at the moment.

(2/3)

>>25940170

>money-printing is now parabolic

Substantiation:

"Have a look at US M1, the quantity of narrow money in the American economy, shown in Figure 1. The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart."

>>25893751

>*sigh* I take it that you think very close to a 100% allocation to PMs is a good idea?

At a time like this? Yes, it would be an excellent idea. But if he isn't comfortable to do that, then he can also buy some foreign stocks with e. g. Peter Schiff's foreign stock fund.

>You cannot know with any certainty that the USD or Treasury bonds are going to vaporize. The US still has a lot of levers it can pull to prevent that from happening with one of them simply being "discipline." If it were so certain that the USD and Treasuries were doomed, then PMs would not have fallen along with everything else in March of 2020.

Yes, you _can_ know that the dollar is going to die. The money-supply has gone parabolic. Hyperinflation (in the true sense of the word) is already here. "The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart." The authorities have lost control. Real yields are negative, and can never go up again; yield-curve control is coming, and must come. Foreign nations are preparing to dump the dollar imminently. You do not appreciate the magnitude of the situation which we are in.

>I am specifically recommending a Permanent Portfolio because it will likely have one of the lowest overall volatilities of any other asset allocation.

It doesn't matter about temporary "volatility"! When the dollar goes to zero, he loses everything in bonds--_every single penny of his money!_ You have to understand that the old ways of thinking no longer apply. A Permanent Portfolio would have been disastrous in the 70s and 80s. Only the precious metals part would have served you well. We are going back to the 70s and 80s, except a hundred times worse.

>>25712240

>Rates rising, dollar rising, what the hell is happening?

Everything that is going on right now is temporary manipulation. They do it on the COMEX with paper digital ounces, we know how it works. They can't keep this ponzi stock market going unless they do trillions more in Q. E. to suppress yields, it's that simple. You need to gain more confidence in the larger economic picture. Stocks won't continue to go up unless that rapidly-rising ten-year yield is brought down. Otherwise, the temptation of risk-free return causes every asset-bubble to collapse. We saw it in February 2020, we saw it in late 2018, and everything is in much more of a bubble now than it was then. They are in a debt-trap. Q. E. or collapse, there is no alternative. Again, the economy is in an absolutely dire condition, 40% real unemployment, U. B. I. on the way, no way to repair things as long as they don't allow the mal-investment to correct itself, which they will never do, because, again, it would cause the whole system to fall apart first. Look at what gold has done since late 2018, when they were forced to re-start Q. E. again after the 2018 crash, to suppress yields. Gold has gone from $1200 to $2080. They can't keep playing these games forever. And when it breaks it might break suddenly, when you least expect it. You don't want to keep jumping in and out and miss a potential gold-price revaluation. It could happen any day at any time, the bankers would simply announce it all of a sudden. The money-printing is parabolic at this point, we are in the final stage of the collapse. "The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart."

>>25700968

This warosu thread from June will also explain where metals are going next. Ten-year yield is out of control. If it doesn't get suppressed soon with many trillions more in Q. E., the system will break down and the stock market will crash, just as in late 2018 or March 2020. It's a debt trap. They either keep printing an increasingly exponential quantity of money or the system falls apart.

https://i.warosu.org/biz/thread/19669109

Money supply is already going parabolic, just as in Weimar Germany. "The progression of annualised monetary inflation from under 6% before the Lehman crisis, to 9.6% subsequently until March this year, and 65% in the thirty weeks since is clear from the chart."

>>25602852

Relative to how weak the system is, a 1% yield is enormous. I said in that thread in June that a 1% yield would crash the market, and I have noticed that maneco64 is now saying the same thing on a regular basis. You have to bear in mind that a 3% yield crashed the system in 2018, and that that was before we had parabolic money-printing in the trillions and trillions. The greater the bubble in which the system is, the smaller the yield which it can bear. We had 6% annualised monetary inflation before the Lehman crisis, 9.6% subsequently until March this year, and have had and 65% in the past thirty weeks.

>>24214283

The collapse is happening. Hyperinflation is already here (https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here)), real yields are negative and can never go positive again, endless Q. E. and stimulus are necessary to prop things up, real unemployment is 40%. Tens of trillions will be needed over the next few years to sustain the unemployed population, to suppress yields, and to prop up asset-bubbles. Presidents and prime ministers are openly using the Davos slogans, "Build back better" and "the Great Reset." The Davos Crowd are openly talking about a Second Bretton Woods and a Fourth Industrial Revolution. The world economy has been shut down on the basis of a hoax. Have you not left your front door recently and looked at the clown world we are living in, the people wearing masks, the ghost towns and cities? The world looks like a dystopian 1984-like fantasy land. This isn't like 2011, this is the end-game.

>They also told you the Fed is literally printing money in QE.

Q. E. is printing money. Q. E. = creating money out of thin air to buy bonds; real investors and institutions sell those bonds to the Fed in exchange for that currency, so Q. E. causes an expansion of the money-supply. Real inflation is 10% per annum (Chapwood Index/ShadowStats); "Q. E. is deflationary" or "Q. E. doesn't cause inflation" is central-bank propaganda. Look at an article from the F. T. in 2004 called "Gold: going, going, gone," when gold was $300 an ounce. You see in that article the same lies which the bankers tell now, that "inflation isn't a problem any more," "deflation is the real issue," "gold has no purpose any more" etc., etc.

>>23936538

>Oh, really? Because I see no real evidence in consumer price indexes

First of all, according to the real C. P. I. as you find it in the Chapwood Index and ShadowStats, inflation has been 10% per annum for years now. The bankers lie about inflation, because hyperinflation is as much a psychological phenomenon as it is a material one. They want to prevent a panic.

Secondly, Macleod adheres to the traditional, Austrian definition of inflation as "an expansion of the money-supply," of which rising prices are simply a consequence. He therefore defines hyperinflation as "the condition whereby monetary authorities accelerate the expansion of the quantity of money to the point where it proves impossible for them to regain control." He says that we have already reached this point, and that fiat currencies are destined to collapse possibly within months.

https://www.goldmoney.com/research/goldmoney-insights/hyperinflation-is-here

>So why hasn't that happened ?

BTC going to zero, and gold replacing it as money, will occur the moment the fiat system collapses, and the dollar is dumped. It may happen long before then if the tether scam is exposed, or a COMEX default or a banking crisis emerges.

>>23936631

The Fed is going to have to print trillions per annum to keep this system afloat. Even a 1% yield on the ten-year will crash the market, hence enormous Q. E. will be needed to suppress it, and U. B. I. is going to be necessary to prevent riots; ShadowStats says that the U. S. has 40% real unemployment. All confidence in the dollar will soon be lost. Won't be like the case of Japan, which survived by trading with the rest of the world. America has a massive trade deficit. Once the dollar is dumped, America completely collapses, as does any other paper currency which backs itself with U. S. treasuries instead of gold (e. g. the pound, the euro, the Australian dollar; as opposed to the yuan and the ruble, which are essentially gold-backed >>23935373).