Overview: We’ve had some fun lately at the expense of Federal Reserve Chairman, Jerome Powell, who kept interest rates at zero for far too long and insisted that inflation would be “transitory” well past the point when Deep Knowledge Investing was warning it represented a real and persistent problem. Then, we took note of “Hurricane” … Read more
Tree of Woe does the kind of deep-dive analysis that gets our attention here at Deep Knowledge Investing, and also has the funniest subscription page I’ve ever seen actually offering “moments of true woe and deep despair”. The recent “Running on Empty” series exploring the origins and effect of the petrodollar system is the best … Read more
Overview: We’ve been getting a lot of important questions recently from amateur investors regarding some of the more advanced topics we discuss at Deep Knowledge Investing. Many people have been taught about things like diversification and dollar cost averaging, but don’t really understand things like hedging, offsetting different kinds of risk, or shorting stocks. That’s … Read more
Overview: Today, the Federal Reserve raised the fed funds rate by 75bp (.75%). It’s the largest increase in almost 30 years, and the big move was due to runaway inflation that the Fed had previously termed “transitory”. We’ve been on record for months saying that inflation is understated by approximately 100%, is not transitory, and … Read more
I’d like to thank the Institute for World Politics for inviting me to address them on the topic of The Strategic and Economic Implication of Anti-Russian Sanctions. Mr. Gary Brode will discuss how and why U.S. policy is failing to protect the dollar’s world reserve currency status and its future effects on American consumers as … Read more
Gary Brode of Deep Knowledge Investing interviews Mitchell Nicholson of Garden City Advisory on Stablecoins: Confused about recent developments with Terra, Tether, and Luna? Worried that problems with some stablecoins will take down the cryptocurrency market? Just want to know what a stablecoin is and why you keep hearing about them? Accessible to beginners. Helpful … Read more
Hi All, I’ll be speaking with Invested.dk about oil, gold, currency, and portfolio hedging on Tuesday, June 28th at 2pm Eastern time. If you’d like to listen in, you can register here: https://attendee.gotowebinar.com/register/6123050936335466510 . Thanks to Invested.dk. Looking forward to the conversation!
The U.S. Bureau of Labor Statistics reported a May Consumer Price Index (CPI) of 8.6%. This was above last month’s 8.3%, representing an increase in inflation as opposed to the hoped-for decrease. Market forecasters were expecting 8.2%. and Yahoo Finance described the 8.6% number as “unexpectedly” high. This wouldn’t have been “unexpected” to any reader … Read more
