The Fed is dramatically understating real inflation.

As you know, I’ve been very critical of the Fed’s inflation measures for years. The official inflation measure (Consumer Price Index or CPI) does a horrible job of measuring the actual cost of living for Americans.

I have long stated that this is intentional as the purpose of CPI is to hide the true rate of inflation so the Fed can paper over the decline in living standards that has plagued the US for the last few decades.

The Fed isn’t doing this out of ignorance, either. Back in 2002, Fed researchers actually reviewed  the usefulness of its CPI metric for forecasting inflation.

The results were not pretty. In fact, the Fed discovered that its official measures of inflation (CPI and PCE) do a horrible job of predicting future inflation.

So what does predict future inflation accurately?

FOOD prices.

We see that past inflation in food prices has been a better forecaster of future inflation than has the popular core measure…Comparing the past year’s inflation in food prices to the prices of other components that comprise the PCEPI (as in Table 1), we find that the food component still ranks the best among them all…

Source: The Regional Economist

I want you to focus on these two admissions:

1)   The Fed has admitted that its official inflation measures do not accurately predict future inflation.

2)   The Fed admitted that FOOD prices are a much better predictor of future inflation. In fact food prices were a better predictor of inflation than the Fed’s PCE, non-durables goods, transportation services, housing, clothing, energy and more.

Put simply, if you want to predict inflation well… you NEED to look at food prices.

—————————————————————-

Are You Ready For the Next Crisis?

The markets are in a massive bubble. And when it bursts, it’s going to make smart traders very, very RICH.

Our specially designed options service The Crisis Trader is already up 37% this year, and that’s BEFORE the Crash hits.

Yes, 37%. And we’ve still got FOUR months to go this year!

Normally a service like this costs $5,000 just to try…

But you can get FOUR of The Crisis Trader’s high octane options trades for just $0.99 today.

This offer expires tonight at midnight.

CLICK HERE NOW!!!

—————————————————————-

With that in mind, food inflation is on the rise. As a whole, Food and Beverage inflation has broken out of a descending wedge pattern (blue lines) in the context of a massive wedge triangle pattern (purples lines). We’re heading for a test of the upper purple line shortly.

Put simply, inflation is rising. And at it is going to be getting worse in the weeks and months ahead. Why do you think the $USD has dumped 10% this year already?

This is THE BIG MONEY trend today. And smart investors will use it to generate literal fortunes.

We just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Sometimes you need to take a step back and see the big picture.

The big picture today concerns the $USD. Running back to the early ‘80s, the $USD has been in a MASSIVE 40+ year falling wedge pattern.  It broke out of this pattern in 2014 when the Fed ended QE, but that breakout is looking more and more like a FALSE breakout.

A false breakout is one of the most dangerous price moves possible, because the reversal is usually both rapid and VIOLENT. And false breakouts usually erase the ENTIRE previous move.

—————————————————————-

Are You Ready For the Next Crisis?

The markets are in a massive bubble. And when it bursts, it’s going to make smart traders very, very RICH.

Our specially designed options service The Crisis Trader is already up 37% this year, and that’s BEFORE the Crash hits.

Yes, 37%. And we’ve still got FOUR months to go this year!

Normally a service like this costs $5,000 just to try…

But you can get FOUR of The Crisis Trader’s high octane options trades for just $0.99 today.

This offer expires this Friday at midnight.

CLICK HERE NOW!!!

—————————————————————-

What does this mean?

The $USD is going to the low ’80s in the next 12 months. This will unleash a truly horrific inflationary storm that will make fortunes for those who are positioned properly.

This is THE BIG MONEY trend today. Already the financial system is showing signs of it. And smart investors will use it to generate literal fortunes.

We just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead

The report is titled Survive the Inflationary Storm

We are making just 100 copies available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The world’s Central Banks have finally succeeded in unleashing an inflationary storm.

The first pickup has only just begun to be felt. But this time next year, when inflation is well north of 4% globally and the big price moves have already occurred, everyone will be screaming “INFLATION!”

How did this happen?

Globally, Central Banks are now printing over $120 BILLION per month. And this is happening at a time when most major economies are out of harm’s way.

Put another way, the economies of the EU, Japan, and the US are all growing rather than contracting… but Central Banks are printing MORE money today than they were during the depths of the last systemic crisis (the EU crisis of 2012-2013).

—————————————————————-

Are You Ready For the Next Crisis?

The markets are in a massive bubble. And when it bursts, it’s going to make smart traders very, very RICH.

Our specially designed options service The Crisis Trader is already up 37% this year, and that’s BEFORE the Crash hits.

Yes, 37%. And we’ve still got FOUR months to go this year!

Normally a service like this costs $5,000 just to try…

But you can get FOUR of The Crisis Trader’s high octane options trades for just $0.99 today.

This offer expires this Friday at midnight.

CLICK HERE NOW!!!

—————————————————————-

Moreover, Central Banks have been printing money at this pace (if not higher) for well nearly two years now. So we’re talking about nearly  $1.5 TRILLION in “hot money” hitting the financial system annually for two years.

Put simply, Central Banks have printed the rough equivalent of Germany’s economy and funneled this money into the financial system in the last two years.

The $USD, the reserve currency of the world, has already caught on to this, having dropped 10% in 2017. And the long-term chart is even uglier with the $USD plunged to collapsed in a horrifying spiral over the next 12 months.

This is THE BIG MONEY trend today. Already the financial system is showing signs of it. And smart investors will use it to generate literal fortunes.

We  published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

Today is the final day this report will be available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

More and more signs of inflation are showing up.

In the latest ISM reading (a measure of economic activity in the US), this following tidbit showed up:

• Factory index climbed to 60.8 (est. 58.1), the highest since May 2004, from 58.8; readings above 50 indicate expansion
• Measure of new orders increased to 64.6, the strongest since February, from 60.3
• Employment gauge rose to 60.3, the best reading in more than six years, from 59.9
• Index of prices paid advanced to 71.5, the highest since May 2011, from 62

Source: Bloomberg

Put simply, the US economy is moving sharply forward with significant growth… and much HIGHER prices being paid. The reference to year 2011 is particularly relevant as that marked the last major inflationary spike in the US.

—————————————————————-

Are You Ready For the Next Crisis?

The markets are in a massive bubble. And when it bursts, it’s going to make smart traders very, very RICH.

Our specially designed options service The Crisis Trader is already up 37% this year, and that’s BEFORE the Crash hits.

Yes, 37%. And we’ve still got FOUR months to go this year!

Normally a service like this costs $5,000 just to try…

But you can get FOUR of The Crisis Trader’s high octane options trades for just $0.99 today.

This offer expires this Friday at midnight.

CLICK HERE NOW!!!

—————————————————————-

The $USD has already caught on to this, having dropped 10%. And the long-term chart is even uglier.

This is THE trend of the next six months. If you’re not taking steps to actively profit from this, it’s time to get a move on.

We  published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

Today is the final day this report will be available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Yesterday, Janet Yellen stated that the Fed was “wrong” about employment and inflation.

I realize that the significance of this might be lost on many individuals. The Fed’s ENTIRE purpose is to pursue “maximum employment” and “stable prices”(aka low inflation). Indeed, these are LITERALLY the words in the Fed’s official “Dual Mandate” from Congress.

So for the Fed Chair to admit that the Fed is wrong about these two items is almost unthinkable. This is like the CEO of Exxon Mobil saying, “we don’t understand oil or natural gas.” Actually scratch that, what Yellen admitted yesterday was even worse as the Fed is in charge of the ENTIRE FINANCIAL SYSTEM and controls the printing of the world’s reserve currency!

Put simply, what Janet Yellen admitted yesterday was the single most incredible admission in Federal Reserve history. She literally expressed that current Fed leadership has no clue what it is doing. Small wonder Fed Vice-Chair Stanley Fischer is resigning. Who in their right mind would want to be around for what’s coming?

What’s coming?

An inflationary storm. The $USD has already dropped 10% this year. And that was BEFORE the Fed went public about the fact it has no clue about inflation. And the long-term chart is even uglier.

This is THE trend of the next six months. If you’re not taking steps to actively profit from this, it’s time to get a move on.

We  published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

Today is the final day this report will be available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Something truly astonishing is happening at the Fed.

The Fed FOMC minutes for July contained an incredible admission although most missed it. During that meeting Fed officials implicitly admitted that the Fed had no clue about inflation.

This admission was largely swept under the rug. But we took note. And we started preparing accordingly. However, even we did not think the Fed would start broadcasting this admission on a near weekly basis.

Fast-forward to last week and Fed Chair Janet Yellen openly admitted that the Fed does not “fully understand” inflation. And then just this morning Yellen stated that the Fed was “wrong” employment and inflation.

Remember, this is THE FED we’re talking about: the group of individuals responsible for maintaining financial stability. And its leadership is now openly admitting that A) they’re wrong about the most important aspects of the economy and B) they don’t understand why this is!?!?

Already, “sticky inflation” or inflation for prices that are slow to change is now above the Fed’s 2% target.

And now the Cleveland Fed’s Median CPI measure has broken above 3.0%.

Put simply, the Fed has let the inflation genie out of the bottle. Yellen and her cohorts are now frantically trying to invent excuses for when inflation rips through the financial system.

This is THE trend of the next six months. If you’re not taking steps to actively profit from this, it’s time to get a move on.

We  published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

Today is the final day this report will be available to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let the farce begin.

The Fed meets today to discuss whether or not to begin shrinking its balance sheet.  The financial media informs us that this is the single most important Fed meeting in years and that its coming announcement is a game-changer.

Give me a break.

The Fed will NEVER let its balance sheet shrink to a relatively normal level. The simple fact is that the ENTIRE move in the markets since 2008 has been induced by the Fed and other Central Banks creating a bubble in bonds.

This bubble was fueled by years of ZIRP/ NIRP and over $14 trillion in QE. The Fed might have stopped QE temporarily, but globally Central Banks are still pumping nearly $180 billion into the markets every single month.

The end result of this is that today, the world is in the single largest debt bubble in history. Collectively, the world’s Debt to GDP ratio is now well over 326%.

—————————————————————-

Are You Ready For the Next Crisis?

The markets are in a massive bubble. And when it bursts, it’s going to make smart traders very, very RICH.

Our specially designed options service The Crisis Trader is already up 37% this year, and that’s BEFORE the Crash hits.

Yes, 37%. And we’ve still got FOUR months to go this year!

Normally a service like this costs $5,000 just to try…

But you can get FOUR of The Crisis Trader’s high octane options trades for just $0.99 today.

This offer expires this Friday at midnight.

CLICK HERE NOW!!!

—————————————————————-

This marks the THIRD gigantic debt bubble of the last 18 years. And when it bursts, Central Banks will be cranking up the printing presses to truly NUCLEAR levels of QE to deal with it.

Already, Central Banks are printing nearly $180 billion per month in QE. When the next crisis hits, it’s going to be well north of $250 billion if not $500 billion per month.

This is going to send inflation trades, particularly Gold, through the roof.

If you’re not taking steps to actively profit from this, it’s time to get a move on.

We just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

We are giving away just 100 copies for FREE to the public.

As I write this, there are 19 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let’s face the facts.

The only reason the financial system has held together so well since 2008 is because Central Banks have created a bubble in bonds via massive QE programs and seven years of ZIRP/NIRP.

As a result of this, the entire world has gone on a debt binge issuing debt by the trillions of dollars. Today, if you looked at the world economy, you’d find it sporting a Debt to GDP ratio of over 327%.

Well guess what? The REAL situation is even worse than this. The Bank of International Settlements (the Central Banks’ Central Bank) just published a report  revealing that globally the financial system has $13 trillion MORE debt hidden via junk derivatives contracts.

Global debt may be under-reported by around $13 trillion because traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, the BIS said on Sunday.

Source: Yahoo! Finance.

—————————————————————-

Are You Ready For the Next Crisis?

The markets are in a massive bubble. And when it bursts, it’s going to make smart traders very, very RICH.

Our specially designed options service The Crisis Trader is already up 34% this year, and that’s BEFORE the Crash hits.

Yes, 34%. And we’ve still got FOUR months to go this year!

Normally a service like this costs $5,000 just to try…

But you can get FOUR of The Crisis Trader’s high octane options trades for just $0.99 today.

This offer expires this Friday at midnight.

CLICK HERE NOW!!!

—————————————————————-

As has been the case for every single crisis since the mid’90s, the problem is derivatives.

Consider that as early as 1998, soon to be chairperson of the Commodity Futures Trading Commission (CFTC), Brooksley Born, approached Alan Greenspan, Bob Rubin, and Larry Summers (the three heads of economic policy) about derivatives.

Born said she thought derivatives should be reined in and regulated because they were getting too out of control. The response from Greenspan and company was that if she pushed for regulation that the market would “implode.”

Fast-forward to 2007, and once again unregulated derivatives trigger a massive crisis, this time regarding the Housing Bubble

And today, we find out that once again, derivatives are at the root of the current bubble (debt). And once again, the Central Banks will be cranking up the printing presses to paper over this mess when the stuff hits the fan.

Already, Central Banks are printing nearly $180 billion per month in QE. When the next crisis hits, it’s going to be well north of $250 billion if not $500 billion per month.

This is going to send inflation trades, particularly Gold, through the roof.

If you’re not taking steps to actively profit from this, it’s time to get a move on.

We just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

We are giving away just 100 copies for FREE to the public.

As I write this, there are 19 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Back in January 2017, we predicted that 2017 would be a year of a $USD collapse. At that time it was obvious to us, plain as day, that the Trump administration would want a weak $USD in order to implement its economic policies.

We weren’t just saying this either, we were putting our money where our mouth was, moving our clients into numerous “weak $USD” plays. As a result of this, thus far in 2017, our clients have locked in 52 winners… out of 57 trades. That’s a success rate of 91.23%.

Meanwhile, the $USD has collapsed against every major world currency: Euros, Yen, Francs, you name it, the $USD has dropped against it.

And this trend is nowhere near over. For those who still don’t believe that the $USD is heading DOWN, consider the yesterday’s quote from Trump’s TOP ECONOMICS GUY, Treasury Secretary, Steve Mnuchin.

In case you missed it, Mnuchin stated that Trump was “less concerned about inflation than economic growth.”

Put simply the Trump administration will let the economy run HOT in order to achieve its growth goals. This means the $USD is officially TOAST.

This is going to be like rocket fuel for inflation trades. Smart investors will use this trend to make literal fortunes.

If you’re not taking steps to actively profit from this, it’s time to get a move on.

We just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

We are giving away just 100 copies for FREE to the public.

As I write this, there are 49 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Stocks have broken the bearish rising wedge formation that began in late-2016.

We might hold up here for a few more days, but there is now considerable risk to the downside.

Indeed, the Russell 2000, which usually leads the S&P 500, has already rolled over and has begun breaking down. This is a major warning for stocks.

The Russell 2000 should be roaring higher. It’s not. Instead it’s rolling over.

And given how much the market has been rigged just to keep stocks afloat, we have the makings of a SERIOUS drop. As in a collapse to 2,100 on the S&P 500 in a matter of sessions.

You’ve been warned.

We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It’s called Stock Market Crash Survival Guide.

We made 1,000 copies to the general public.

As I write this, only 29 are left.

To pick up one of the last remaining copies…

CLICK HERE!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

We just hit a new record high.

No, I’m not talking about the stock market. I’m talking about Central Bank balance sheets. While everyone is talking about the Federal Reserve’s proposal to shrink its balance sheet, globally other banks have been cranking up the printing presses.

As a result of this, the G-4 Central Banks balance sheets (the BoJ, the Fed, the ECB, and the BoE) are closing in on an astounding $20 trillion.

H/T Dimit.

This is truly astonishing. And what’s worse is that we’re only going up from here. When the next Crisis hits, Central Banks will unveil truly NUCLEAR levels of QE and money printing.

Gold has already figured this out, having broken out of a massive triangle pattern.

This is just the beginning. And smart investors will make literal fortunes from these trends in the coming years.

If you’re not taking steps to actively profit from this, it’s time to get a move on.

We just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

We are giving away just 100 copies for FREE to the public.

As I write this, there are 49 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/goldmountain.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research