Inflation Kills Subway’s $5 Footlong Subway’s “five...five dollar...five dollar footlong” song seems to be outdated—the footlong is no longer five dollars. Yes, it’s time to erase that jingle from our memory for good. Citing U.S. inflation as the reason, Subway is hiking the price of its iconic footlong…
What You Really Need to Know About Gold Prices One of the major factors keeping gold prices suppressed these days are inflation expectations moving forward. With this, investors are concerned the yellow precious metal may not even be worth a first glance. Without studying all the details, please…
The eurozone will see greater challenges in 2016, forcing the euro to dollar outlook lower, especially if the European Central Bank (ECB) remains satisfied with its current monetary policy. However, it will need to extend its expansion plan to purchase bonds again in September 2016. This is because…
The Federal Reserve recently announced it was raising the range of its federal funds rate, which, along with inflation, may be setting the stage for a stock market correction in 2016. Recently, the Fed lowered its federal funds rate to between 0.25% and 0.50%—the first increase in nearly…
My theory on why the Federal Reserve raised interest rates this past Wednesday is one of those “I didn’t see anyone look at it from that angle” points of view. So here it goes... We all know that, according to the Bureau of Labor Statistics, the Consumer Price…
Here’s Why I’m Bullish on the Turkish Lira The Turkish lira could see one of the strongest rallies of any currency compared to the U.S. dollar in the next few days. The USD-TRY exchange rate is now is now about 2.9, up from 2.15 one year earlier. However,…
EUR-USD Exchange Rate Could Hit Parity, Says Analyst The euro has lost at least 1.5% to the U.S. dollar, plummeting to 1.1168. The EUR-USD exchange rate dropped in response to news of the decision by the central bank to leave interest rates unchanged. Presumably, the ECB’s continued quantitative…
Government data continues to suggest inflation in the U.S. economy isn’t an issue. Consider the Consumer Price Index (CPI), the official measure of U.S. inflation. It says prices in the U.S. economy in the first eight months of 2015 have increased by just 0.5%. (Source: Bureau of Labor…
Inflation is Rampant, Says Marc Faber Not only did inflation create a massive stock market bubble, but the coming hyperinflation will decimate the purchasing power of ordinary Americans. Paper money is bleeding value and investors will soon be clamouring for the safety of gold and silver. At least,…
Let’s face it: the government’s skewed data about consumer prices doesn’t tell the real story when it comes to inflation. In fact, according to government statistics, prices in the U.S. economy increased by only 0.6% in the first seven months of 2015. (Source: Bureau of Labor Statistics, last…
Soaring inflation in Venezuela has left the country’s currency virtually worthless, leaving the troubled nation on the verge of economic collapse. But while economists try to describe the nation’s turmoil with facts and statistics, the story of Venezuela's struggles was perhaps summed up best in a Reddit forum.…
China’s currency devaluation is a confirmation that the world’s second-largest economy could be on the verge of an economic collapse. At least, that’s the opinion of renowned analyst Jim Rickards. “There’s no such thing as a one-time thing in currency wars,” he told Amanda Lang on CBC. “It won’t…
Former Texas Republican Congressman and three-time Republican presidential nominee Ron Paul discusses the latest inflation numbers in June, as well as the likelihood of a rate hike. (Source: Inflation On The Rise, last accessed July 16, 2015.) In June, the Purchasing Managers Index (PMI), a leading indicator of…
Some people are saying that the yellow metal is losing its shine. They have a point, as gold prices have plunged quite dramatically during the past few years. However, we shouldn’t be too fixated on the current gold prices. They are a result of emotional trading, extreme speculation,…
Despite weak gold prices, excess money printed by the world’s central banks could ignite inflation, driving investors to safe haven assets. Policymakers have been using monetary policy as a form of stimulus in recent years, building a house of cards with nothing but paper money. If that paper…
Peter Schiff believes a hyperinflationary environment caused by the Federal Reserve’s easy money policies will lead to gold prices going astronomically higher. (Source: Is Gold Heading to $13,000?, last accessed July 13, 2015.) After the financial crisis in 2008, the Federal Reserve lowered interest rates to near zero in…
On Tuesday, July 7th, the International Monetary Fund (IMF) warned that the U.S. economy may be stalling if the interest rate hike comes too soon. The IMF called on the Federal Reserve to delay a rate hike until 2016. This is the second push from the IMF to…
Gold prices have plunged. But those that are holding the yellow metal needn’t worry. Soon, you might be able to buy gold for double, even triple today’s price. Let me explain. Monetary Crisis Central banks around the world have one thing in common: they like to print money.…
In the first five months of the year, data from the Bureau of Labor Statistics (BLS) says that the U.S. economy had inflation of just 0.2%—that’s two-tenths of one percent. (Source: Bureau of Labor Statistics, last accessed June 18, 2015.) But let me ask you; when is the…
