Good Reads
Money Supply Increasing at Fastest Rate Since 2022
As the Federal Reserve revs up the money-creating machine even higher, the money supply is already growing at the fastest rate since July 2022, in the early stages of the tightening cycle. This is inflation, by definition. Read on »
U.S. crude oil closes at lowest level since early 2021
U.S. crude has shed about 23% this year in its worst performance since 2018, while Brent is down about 21% for its worst year since 2020. U.S. gasoline prices have fallen below $3 per gallon to the lowest level in four years in a boost to consumers ahead of the holidays, according to the drivers’ association AAA. Read on »
America’s job market just got some troubling news
Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest in four years, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown. Read on »
Community News
China Reaffirms Tight Grip on Gold Market, Ushering in a New Monetary Era Link>>
Platinum’s 80% Surge: 3 Hidden Forces Driving It Link>>
November jobs report doesn’t change much for the Fed Link>>
Silver Holds Its Bullish Structure While Working Through a Time-Based Reset Link>>
‘Harder to find’: Inside the growing global hunt for copper Link>>