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!
Today, the Federal Reserve raised interest rates by 50bp (half a percentage point), the largest increase since 2000. They also laid out plans to start slowly unwinding the enormous $9 trillion balance sheet the institution is carrying. We first highlighted the danger that understated and rising inflation posed back in November while the Fed was … Read more
Overview: Two months ago, we did a webinar with DKI Board Member, Howard Freedland, and his business partner, Sophie Schneeberger of Echo Fine Properties. We warned that higher interest rates would lead to higher mortgage rates, and that would lead to a softening of the real estate market. We suggested that people who were going … Read more
I spent most of last week at the Bitcoin2022 conference in Miami. A few notes on the experience: First, the amount of enthusiasm, energy, capital, and intellectual horsepower behind Bitcoin, cryptocurrencies, the blockchain, and the developing applications of these technologies is incredible. For those of you who haven’t seen it yet, there are enormous … Read more
Hi All, I’m heading to Miami tomorrow for the Bitcoin 2022 conference. Michael Bucella, Partner at BlockTower, who did a webinar with Deep Knowledge Investing last summer will be there as well as Anthony Pompliano who helped publicize our white paper on Bitcoin. It should be a fantastic opportunity to learn a lot in four … Read more
Overview: After months of teasing, last week, the Federal Reserve announced an increase in the Fed Funds rate of 25 basis points (.25 percent) from the current zero (approximately). While this was the smallest possible increase, the Fed indicated it was expecting to raise rates another six times this year and potentially, another 3-4 raises … Read more
We published a piece in the newspaper that deals with issues so important, we wanted to re-emphasize them here. For our non-U.S. subscribers, please note that while certain discussion of U.S. policy won’t apply to you, key points on energy and food inflation will affect you as well. Link to the original article is here. … Read more
Preparing for Recession/Stagflation: In November, we prepared subscribers for coming inflation and noted that the current CPI number was not accurate. We wrote: “Those huge increases in energy, housing, and food prices indicate that the relatively benign CPI number is underestimating the issue.” In February, we openly said that the recent GDP number of 6.9 … Read more
