Blue line generates income to pay interest on red line. See the problem? It's just math. #Weimar #FourthTurning #Gotgold

I have mentioned this a lot in recent podcasts. We are in very uncharted financial waters. Read volatility. Friend and co-investor Dan Oliver Daniel Oliver Jr. prepared the brilliant chart below. Note, you can be long term right and short terms wrong. Leverage can end the game.

To Wilf's credit, this is about as aggressive as any Fed reporter ever gets. Bostic won't answer Wilf's simple question: "So I'm not going to get with a debate with you on that here." Or anywhere, right Raphael Bostic? The historians will deal with it. Nauseating.

FSC Senate Banking and Housing Democrats Sherrod Brown jp Secretary Janet Yellen (Archived) St. Louis Fed Atlanta Fed Congress, a little oversight please. "Atlanta Fed chief Raphael Bostic reports fresh trading violation" archive.ph/kfkuo

Bostic's base salary in 2022 was $443k, plus bonus, amazing benefits, pension etc. He also had 119 "other officers" averaging $250k each, plus 1,700 or so other apparatchiks. This is just for Atlanta. You have to pay up to get the best. federalreserve.gov/publications/2…

"R-star is econometric academia PhD mumbo jumbo. Powell doesn't know where the right level of reserves should be. He's also said I have no idea what r-star should be...I mean they're throwing darts at a wall here, which is which is scary, but that's what they do." - Peter

"...the horrific inflation had a devastating impact on our modest and moderate income households. It appears that the standard of living is has declined very significantly in the last four years. Our modest and moderate income households can not survive in inflation." -Lacy Hunt

“65% of our households are basically living on the edge” - Lacy Hunt youtube.com/watch?v=GjU6dn…

Has the train stopped?

Who will clean up this mess? By issuing nearly $2T of T-Bills, Janet Yellen succeeded in suppressing bond volatility in an election year. Now - this paper has to be rolled over at much HIGHER yields. The USA is like a financially trapped emerging market country, living on the

Deflation is bad say the Keynesians. LL: WRONG Excellent brief summary with supporting facts.

Deepak Munjal Santiago Capital @CJPetrelli Michael A. Gayed, CFA Luke Gromen Brian Wesbury jim iuorio Pound was toast when they abandoned gold standard at outbreak of WWI. Pound was as 113 grains of gold to dollar at 23.2 grains so $4.87 per Pound. British money supply doubled during the war. Strong helping Norman to get Britain back on the gold standard at the old parity which

Outstanding! Nice to see legacy media trying to get their heads around this. Saylor handled this so well.

You’ll appreciate this Luke Gromen

Bostic, Rosengren, Kaplan, Yellen gets $800k in speaking fees from Ken Griffin at Citadel! LL: make it stop!!!!

Sick. It’s almost as if they want WW3

Holy budget deficit, Batman! August Deficit comes in $90b ahead of estimate. Looks like we won't get the details until 2pm est....but this is f-ugly! QE infinity coming soon. No wonder gold is flying.

Critical debate question that wasn't asked: US Int Expense is > Defense spending for 1st time in at least 65 years. For centuries, when a hegemon's debt svc went > defense spending, it ceased to be a hegemon. Will you cut Entitlements or rates to address this? #Gold #BTC

Gold is sending a signal… PRINTER IS COMING.