Month: May 2018

While the BLS Hides Inflation, Bonds Are Screaming “WATCH OUT!”

It’s a good thing that the BLS ignores things like the recent rise in real estate and gas prices when it generates its official inflation numbers…

Why?

Because if the BLS didn’t do this we might actually see that inflation is exploding higher.

This is not conspiracy theory, it is fact. And if you don’t believe me, consider what the homebuilder industry is saying about house prices.

While demand and homebuilding remain solid, the industry is not without its challenges. Construction companies cite a shortage of workers, rising costs for lumber and other building materials and a scarcity of available lots on which to start new projects. Affordability is also becoming a bigger issue as gains in property values outpace income growth and interest rates rise.

Source: Bloomberg.

What do you call it when an asset price that people need rises in value faster than their incomes?

It’s called inflation.

What about gasoline?

Sales at gasoline stations were up almost 12% in April compared to one year ago, reflecting a runup in oil prices that began last summer and accelerated in 2018. The cost of a barrel of oil has climbed above $70 from $45, and it could head higher still with the summer driving season straight ahead.

Put another way, Americans shelled out an extra $4.4 billion for gasoline last month than they did in April 2017, according the government’s latest report on retail sales.

Source: Marketwatch

What do you call it when oil prices rise rapidly resulting in higher energy costs for Americans?

It’s also called inflation.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

Everywhere you look today, we are seeing signs that inflation is tearing higher. Indeed, the bond market is in an absolutely revolt as yields soar higher to try to match inflation’s rise.

As I write this, the yields on Germany’s, the United States’, and Japan’s fovernment bonds are ALL breaking out to the upside having broken multi-year trendlines.

This is a MASSIVE deal. It is telling us that it is getting harder and harder for these countries to service their debt loads.

The bond bubble is now well north of $200 trillion. And ALL of this requires bond yields staying LOW in order for it to work

Put simply, when bond yields RISE, bond prices FALL.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

It will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in It's a Bull Market

Here Are 200 TRILLION Reasons Why Rising Yields Pose a Systemic Risk

It’s a good thing that the BLS ignores things like the recent rise in real estate and gas prices when it generates its official inflation numbers…

Why?

Because if the BLS didn’t do this we might actually see that inflation is exploding higher.

This is not conspiracy theory, it is fact. And if you don’t believe me, consider what the homebuilder industry is saying about house prices.

While demand and homebuilding remain solid, the industry is not without its challenges. Construction companies cite a shortage of workers, rising costs for lumber and other building materials and a scarcity of available lots on which to start new projects. Affordability is also becoming a bigger issue as gains in property values outpace income growth and interest rates rise.

Source: Bloomberg.

What do you call it when an asset price that people need rises in value faster than their incomes?

It’s called inflation.

What about gasoline?

Sales at gasoline stations were up almost 12% in April compared to one year ago, reflecting a runup in oil prices that began last summer and accelerated in 2018. The cost of a barrel of oil has climbed above $70 from $45, and it could head higher still with the summer driving season straight ahead.

Put another way, Americans shelled out an extra $4.4 billion for gasoline last month than they did in April 2017, according the government’s latest report on retail sales.

Source: Marketwatch

What do you call it when oil prices rise rapidly resulting in higher energy costs for Americans?

It’s also called inflation.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

Everywhere you look today, we are seeing signs that inflation is tearing higher. Indeed, the bond market is in an absolutely revolt as yields soar higher to try to match inflation’s rise.

As I write this, the yields on Germany’s, the United States’, and Japan’s fovernment bonds are ALL breaking out to the upside having broken multi-year trendlines.

This is a MASSIVE deal. It is telling us that it is getting harder and harder for these countries to service their debt loads.

The bond bubble is now well north of $200 trillion. And ALL of this requires bond yields staying LOW in order for it to work

Put simply, when bond yields RISE, bond prices FALL.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

It will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted by Phoenix Capital Research in Debt Bomb, It's a Bull Market

The NFIB Just Confirmed Inflation Has Hit the Financial System

The economy (GDP) appears to be rolling over… right as inflation is heating up.

GDP growth for 1Q18 clocked in around 2.3%. Under normal circumstances, this wouldn’t be particularly bad. However, in light of the fact that 4Q17 GDP growth was 2.6%, which itself was down from the growth rate of 3.2% in 3Q17, it quickly becomes evident that the US economy is now softening.

Unfortunately, this is ALSO occurring at a time when inflation is rising sharply. To whit:

  • The NY Fed’s UIG inflation metric shows inflation to be 3.1%
  • The Atlanta Fed’s Sticky Inflation metric shows inflation to be 2.5%
  • Even the “official” inflation metric, the Bureau of Labor Statistic’s CPI metric, shows inflation at 2.5%.

It is easy to shrug off these data points as being short-term spikes, however, we are already beginning to see signs of REAL inflation cropping up in the REAL economy.

As I’ve noted previously, inflation enters the financial system in stages.

The first stage involves a jump in prices paid by producers. This means that those firms responsible for manufacturing goods and services suddenly see a sharp spike in the cost of basic materials they use to build/ manufacture their finished goods.

That process began in early 2016 and accelerated throughout 2017 into this year. Indeed, the Producer Price Index has risen in 8 out of the last 9 months.

GPC51618.jpg

A few months here and there is no big deal, but a persistent trend such as this means firms will soon have to raise the prices of the finished goods they are selling or risk seeing their profits drop.

We hit that point in March 2018: according to the National Federation of Independent Business (NFIB), a net percent of 25% of small business owners plan on raising prices, a 10-year high and up from just 2% in 2016.

The NFIB is straightforward in its assessment: “This should raise the overall average increase in average prices for the economy.” In plain terms, higher prices will soon be hitting the economy.

A weakening GDP and higher inflation… there is a word for this, it’s stagflation.

Put simply, STAGflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

Stagflation Is Here… So How Do We Play It?

The economy (GDP) appears to be rolling over… right as inflation is heating up.

GDP growth for 1Q18 clocked in around 2.3%. Under normal circumstances, this wouldn’t be particularly bad. However, in light of the fact that 4Q17 GDP growth was 2.6%, which itself was down from the growth rate of 3.2% in 3Q17, it quickly becomes evident that the US economy is now softening.

Unfortunately, this is ALSO occurring at a time when inflation is rising sharply. To whit:

  • The NY Fed’s UIG inflation metric shows inflation to be 3.1%
  • The Atlanta Fed’s Sticky Inflation metric shows inflation to be 2.5%
  • Even the “official” inflation metric, the Bureau of Labor Statistic’s CPI metric, shows inflation at 2.5%.

It is easy to shrug off these data points as being short-term spikes, however, we are already beginning to see signs of REAL inflation cropping up in the REAL economy.

As I’ve noted previously, inflation enters the financial system in stages.

The first stage involves a jump in prices paid by producers. This means that those firms responsible for manufacturing goods and services suddenly see a sharp spike in the cost of basic materials they use to build/ manufacture their finished goods.

That process began in early 2016 and accelerated throughout 2017 into this year. Indeed, the Producer Price Index has risen in 8 out of the last 9 months.

GPC51618.jpg

A few months here and there is no big deal, but a persistent trend such as this means firms will soon have to raise the prices of the finished goods they are selling or risk seeing their profits drop.

We hit that point in March 2018: according to the National Federation of Independent Business (NFIB), a net percent of 25% of small business owners plan on raising prices, a 10-year high and up from just 2% in 2016.

The NFIB is straightforward in its assessment: “This should raise the overall average increase in average prices for the economy.” In plain terms, higher prices will soon be hitting the economy.

A weakening GDP and higher inflation… there is a word for this, it’s stagflation.

Put simply, STAGflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market
What Happens to the Markets When the Economy Rolls Over While Prices Rise?

What Happens to the Markets When the Economy Rolls Over While Prices Rise?

(we’ll soon find out)

The economy (GDP) appears to be rolling over… right as inflation is heating up.

GDP growth for 1Q18 clocked in around 2.3%. Under normal circumstances, this wouldn’t be particularly bad. However, in light of the fact that 4Q17 GDP growth was 2.6%, which itself was down from the growth rate of 3.2% in 3Q17, it quickly becomes evident that the US economy is now softening.

Unfortunately, this is ALSO occurring at a time when inflation is rising sharply. To whit:

  • The NY Fed’s UIG inflation metric shows inflation to be 3.1%
  • The Atlanta Fed’s Sticky Inflation metric shows inflation to be 2.5%
  • Even the “official” inflation metric, the Bureau of Labor Statistic’s CPI metric, shows inflation at 2.5%.

It is easy to shrug off these data points as being short-term spikes, however, we are already beginning to see signs of REAL inflation cropping up in the REAL economy.

As I’ve noted previously, inflation enters the financial system in stages.

The first stage involves a jump in prices paid by producers. This means that those firms responsible for manufacturing goods and services suddenly see a sharp spike in the cost of basic materials they use to build/ manufacture their finished goods.

That process began in early 2016 and accelerated throughout 2017 into this year. Indeed, the Producer Price Index has risen in 8 out of the last 9 months.

GPC51618.jpg

A few months here and there is no big deal, but a persistent trend such as this means firms will soon have to raise the prices of the finished goods they are selling or risk seeing their profits drop.

We hit that point in March 2018: according to the National Federation of Independent Business (NFIB), a net percent of 25% of small business owners plan on raising prices, a 10-year high and up from just 2% in 2016.

The NFIB is straightforward in its assessment: “This should raise the overall average increase in average prices for the economy.” In plain terms, higher prices will soon be hitting the economy.

A weakening GDP and higher inflation… there is a word for this, it’s stagflation.

Put simply, STAGflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in Inflation

Could the Fed BAN Physical Cash?

If you’re looking for insights into what Central Banks have planned when The Everything Bubble bursts, yesterday one of the European Central Bank’s (ECB) top bankers provided a blueprint.

Benoît Cœuré, has been a member of the Executive Board of the ECB since 2011. As such is one of SIX individuals who have dictated ECB policy during that time.

This means he’s been involved in:

  • The second and third Greek bailouts.
  • The Spain bailout.
  • The Portugal bailout.
  • The second and third Romania bailouts.
  • The Cyprus bail-ins.

Cœuré has operated at the highest level of monetary/ financial policy during a period in which numerous financial/banking systems were experiencing systemic risk.

Put simply, there are less than 100 people on the planet who are as familiar with how Central Banks perceive the risks in today’s financial system as well as the policies said Central Banks will unleash when the next crisis hits.

With that in mind, let’s take a look at what he had to say regarding both in the speech he gave titled The Future of Central Bank Money at the International Center for Monetary and Banking Studies in Geneva yesterday.

In my remarks this evening I would like to share some more general thoughts on the role of the central bank’s balance sheet in the economy. My focus will be on central bank liabilities – that is, money created by central banks to be used as a means of payment and store of value…

What distinguishes the discussion today from previous discussions, however, are three new facts: 

The first is that we are seeing a dramatic decline in the demand for cash in some countries, in particular Sweden and Norway.

The second is that central banks today could make use of new technologies that would enable the introduction of what is widely referred to as a “token-based” currency – one based on a distributed ledger technology (DLT) or comparable cryptographic technology.

And the third “new” fact, at least from a long-term perspective, relates to the role of central banks in setting monetary policy, and more recently to the emergence of negative rates as a policy instrument and the consequences for the transmission of monetary policy.

Source: ECB

Reading between the lines, Cœuré is talking about:

  • Potential cash bans in tandem with negative interest rates (the problem with physical cash is it allows you to avoid paying interest via NIRP because you can simply store it yourself instead of keeping it in a bank).
  • Shifting over to a completely digital currency controlled by a Central Bank.

Cœuré finishes by stating that the near-term benefit of this is minimal, but that in the medium term

…a more incremental reform could consist of giving a broader range of financial market participants access to the liability side of the central bank’s balance sheet, provided that this can help strengthen the transmission of monetary policy in an environment of excess liquidity.

Source: ECB

Put simply… discussions of ending physical cash and introducing strictly digital money are taking place within the highest circles of Central Bankers.

If you think this isn’t coming to the US, you’re mistaken.

Indeed, we’ve uncovered a secret document outlining how the Feds plan to take hold of savings during the next round of the crisis to stop individuals from getting their money out.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from this sinister plan in our Special Report

Survive the Fed’s War on Cash.

We are making 100 copies available for FREE the general public.

To pick up yours, swing by….

http://www.phoenixcapitalmarketing.com/cash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Posted by Phoenix Capital Research in It's a Bull Market
ECB Insider Reveals the Next Step in the War on Cash

ECB Insider Reveals the Next Step in the War on Cash

If you’re looking for insights into what Central Banks have planned when The Everything Bubble bursts, yesterday one of the European Central Bank’s (ECB) top bankers provided a blueprint.

Benoît Cœuré, has been a member of the Executive Board of the ECB since 2011. As such is one of SIX individuals who have dictated ECB policy during that time.

This means he’s been involved in:

  • The second and third Greek bailouts.
  • The Spain bailout.
  • The Portugal bailout.
  • The second and third Romania bailouts.
  • The Cyprus bail-ins.

Cœuré has operated at the highest level of monetary/ financial policy during a period in which numerous financial/banking systems were experiencing systemic risk.

Put simply, there are less than 100 people on the planet who are as familiar with how Central Banks perceive the risks in today’s financial system as well as the policies said Central Banks will unleash when the next crisis hits.

With that in mind, let’s take a look at what he had to say regarding both in the speech he gave titled The Future of Central Bank Money at the International Center for Monetary and Banking Studies in Geneva yesterday.

In my remarks this evening I would like to share some more general thoughts on the role of the central bank’s balance sheet in the economy. My focus will be on central bank liabilities – that is, money created by central banks to be used as a means of payment and store of value…

What distinguishes the discussion today from previous discussions, however, are three new facts: 

The first is that we are seeing a dramatic decline in the demand for cash in some countries, in particular Sweden and Norway.

The second is that central banks today could make use of new technologies that would enable the introduction of what is widely referred to as a “token-based” currency – one based on a distributed ledger technology (DLT) or comparable cryptographic technology.

And the third “new” fact, at least from a long-term perspective, relates to the role of central banks in setting monetary policy, and more recently to the emergence of negative rates as a policy instrument and the consequences for the transmission of monetary policy.

Source: ECB

Reading between the lines, Cœuré is talking about:

  • Potential cash bans in tandem with negative interest rates (the problem with physical cash is it allows you to avoid paying interest via NIRP because you can simply store it yourself instead of keeping it in a bank).
  • Shifting over to a completely digital currency controlled by a Central Bank.

Cœuré finishes by stating that the near-term benefit of this is minimal, but that in the medium term

…a more incremental reform could consist of giving a broader range of financial market participants access to the liability side of the central bank’s balance sheet, provided that this can help strengthen the transmission of monetary policy in an environment of excess liquidity.

Source: ECB

Put simply… discussions of ending physical cash and introducing strictly digital money are taking place within the highest circles of Central Bankers.

If you think this isn’t coming to the US, you’re mistaken.

Indeed, we’ve uncovered a secret document outlining how the Feds plan to take hold of savings during the next round of the crisis to stop individuals from getting their money out.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from this sinister plan in our Special Report

Survive the Fed’s War on Cash.

We are making 100 copies available for FREE the general public.

To pick up yours, swing by….

http://www.phoenixcapitalmarketing.com/cash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Posted by Phoenix Capital Research in It's a Bull Market

A Central Banking Insider Just Revealed the Blueprint For CB Policy When the Next Crisis Hits Revealed the Blueprint For

If you’re looking for insights into what Central Banks have planned when The Everything Bubble bursts, yesterday one of the European Central Bank’s (ECB) top bankers provided a blueprint.

Benoît Cœuré, has been a member of the Executive Board of the ECB since 2011. As such is one of SIX individuals who have dictated ECB policy during that time.

This means he’s been involved in:

  • The second and third Greek bailouts.
  • The Spain bailout.
  • The Portugal bailout.
  • The second and third Romania bailouts.
  • The Cyprus bail-ins.

Cœuré has operated at the highest level of monetary/ financial policy during a period in which numerous financial/banking systems were experiencing systemic risk.

Put simply, there are less than 100 people on the planet who are as familiar with how Central Banks perceive the risks in today’s financial system as well as the policies said Central Banks will unleash when the next crisis hits.

With that in mind, let’s take a look at what he had to say regarding both in the speech he gave titled The Future of Central Bank Money at the International Center for Monetary and Banking Studies in Geneva yesterday.

In my remarks this evening I would like to share some more general thoughts on the role of the central bank’s balance sheet in the economy. My focus will be on central bank liabilities – that is, money created by central banks to be used as a means of payment and store of value…

What distinguishes the discussion today from previous discussions, however, are three new facts: 

The first is that we are seeing a dramatic decline in the demand for cash in some countries, in particular Sweden and Norway.

The second is that central banks today could make use of new technologies that would enable the introduction of what is widely referred to as a “token-based” currency – one based on a distributed ledger technology (DLT) or comparable cryptographic technology.

And the third “new” fact, at least from a long-term perspective, relates to the role of central banks in setting monetary policy, and more recently to the emergence of negative rates as a policy instrument and the consequences for the transmission of monetary policy.

Source: ECB

Reading between the lines, Cœuré is talking about:

  • Potential cash bans in tandem with negative interest rates (the problem with physical cash is it allows you to avoid paying interest via NIRP because you can simply store it yourself instead of keeping it in a bank).
  • Shifting over to a completely digital currency controlled by a Central Bank.

Cœuré finishes by stating that the near-term benefit of this is minimal, but that in the medium term

…a more incremental reform could consist of giving a broader range of financial market participants access to the liability side of the central bank’s balance sheet, provided that this can help strengthen the transmission of monetary policy in an environment of excess liquidity.

Source: ECB

Put simply… discussions of ending physical cash and introducing strictly digital money are taking place within the highest circles of Central Bankers.

If you think this isn’t coming to the US, you’re mistaken.

Indeed, we’ve uncovered a secret document outlining how the Feds plan to take hold of savings during the next round of the crisis to stop individuals from getting their money out.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from this sinister plan in our Special Report

Survive the Fed’s War on Cash.

We are making 100 copies available for FREE the general public.

To pick up yours, swing by….

http://www.phoenixcapitalmarketing.com/cash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Posted by Phoenix Capital Research in It's a Bull Market

Let’s talk about Gold as an investment.

Gold is one of the most divisive asset classes on the planet. Stock-centric investors such as Warren Buffett think it’s a worthless “pet rock” that fails to appreciate in value. Gold bugs, on the other hand, revere the precious metal with an almost religious-like ferocity.

Both of these views are misguided particularly when you apply them to a framework that involves TIME.

The fact that Buffett accrued his great fortune during a brief period in which the financial system was based solely on fiat currency has lead him to view Gold with contempt. However, the fact remains that Gold has been a storehouse of value for 5,000 years.

Based on this alone, Buffett’s ideology is myopic. To sneer at Gold is to sneer at the history of money.

However, Gold Bugs are no better in that they focus too much on this “5,000 year metric.” The fact remains that since 1971, Gold has ceased to operate as a storehouse of value in the same way as it did during the other 4,962 years.

I’m NOT saying Gold is no longer a storehouse of value… I’m saying that Gold no longer stores value as it did PRIOR to 1971.

The reason for this concerns the fact that the world is now in a completely fiat-based financial system in which Central Banks can print tens of billions of their currencies at a whim. This opens the door to abject manipulation of Gold prices.

Historically, Central Banks printed actual physical currency. That is no longer the case. Today, 99% of wealth is digital. When the Fed or some other Central Bank prints money, they are not actually firing up a printing press; instead, the entire process is digital in nature and simply involves moving electronic currency from one bank account to another.

Because of this, it is much easier for Central Banks to manipulate asset classes by printing money and then using it to buy or sell futures in those assets. We know this is the case because the futures exchanges openly admit they have programs in place through which Central Banks do this.

An alternative scheme involves Central Banks providing short-term loans to large investment banks, which then manipulate asset classes for them. Thanks to several recent lawsuits, we know for a fact this regularly occurs in the Gold market.

For this reason, Gold no longer acts as a storehouse of value in the same way as it did during the previous 5,000 years. I’m not saying Gold doesn’t maintain purchasing power better than other investment classes, I’m merely pointing out that it no longer maintains purchasing power in the same way as it has historically. And for this reason, Gold bugs, particularly those that hold the precious metal up as a kind of religion, end up perennially frustrated (its been 40+ years since Gold acted as it is supposed to… that’s the length of an entire investment career for some).

So… if Gold is NOT a “pet-rock” as the Buffett crowd would claim… and it’s NOT the storehouse of value that it one was…. What is it?

Gold is a risk asset that trades based on the true cost of moneyas illustrated by “real rates” (Treasury yields MINUS inflation protected Treasury yields). Remember, in our current financial system, the yields on US Treasuries represent the “risk free rate of return.” When you account for inflation by subtracting the yields on inflation-protected Treasury bonds from normal Treasury yields you arrive at the TRUE cost of money.

THIS is what Gold tracks as the below chart reveals.

Having said all of this, the signs are now pointing towards Gold and other inflation hedges rising rapidly as inflation takes hold of the financial system.

Real rates have staged a CONFIRMED breakout from a massive five year triangle pattern.

This is EXTREMELY bullish. And it tells us that HIGHER real rates are coming in the future.

Put simply, BIG inflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

Let’s talk about Gold as an investment.

Gold is one of the most divisive asset classes on the planet. Stock-centric investors such as Warren Buffett think it’s a worthless “pet rock” that fails to appreciate in value. Gold bugs, on the other hand, revere the precious metal with an almost religious-like ferocity.

Both of these views are misguided particularly when you apply them to a framework that involves TIME.

The fact that Buffett accrued his great fortune during a brief period in which the financial system was based solely on fiat currency has lead him to view Gold with contempt. However, the fact remains that Gold has been a storehouse of value for 5,000 years.

Based on this alone, Buffett’s ideology is myopic. To sneer at Gold is to sneer at the history of money.

However, Gold Bugs are no better in that they focus too much on this “5,000 year metric.” The fact remains that since 1971, Gold has ceased to operate as a storehouse of value in the same way as it did during the other 4,962 years.

I’m NOT saying Gold is no longer a storehouse of value… I’m saying that Gold no longer stores value as it did PRIOR to 1971.

The reason for this concerns the fact that the world is now in a completely fiat-based financial system in which Central Banks can print tens of billions of their currencies at a whim. This opens the door to abject manipulation of Gold prices.

Historically, Central Banks printed actual physical currency. That is no longer the case. Today, 99% of wealth is digital. When the Fed or some other Central Bank prints money, they are not actually firing up a printing press; instead, the entire process is digital in nature and simply involves moving electronic currency from one bank account to another.

Because of this, it is much easier for Central Banks to manipulate asset classes by printing money and then using it to buy or sell futures in those assets. We know this is the case because the futures exchanges openly admit they have programs in place through which Central Banks do this.

An alternative scheme involves Central Banks providing short-term loans to large investment banks, which then manipulate asset classes for them. Thanks to several recent lawsuits, we know for a fact this regularly occurs in the Gold market.

For this reason, Gold no longer acts as a storehouse of value in the same way as it did during the previous 5,000 years. I’m not saying Gold doesn’t maintain purchasing power better than other investment classes, I’m merely pointing out that it no longer maintains purchasing power in the same way as it has historically. And for this reason, Gold bugs, particularly those that hold the precious metal up as a kind of religion, end up perennially frustrated (its been 40+ years since Gold acted as it is supposed to… that’s the length of an entire investment career for some).

So… if Gold is NOT a “pet-rock” as the Buffett crowd would claim… and it’s NOT the storehouse of value that it one was…. What is it?

Gold is a risk asset that trades based on the true cost of moneyas illustrated by “real rates” (Treasury yields MINUS inflation protected Treasury yields). Remember, in our current financial system, the yields on US Treasuries represent the “risk free rate of return.” When you account for inflation by subtracting the yields on inflation-protected Treasury bonds from normal Treasury yields you arrive at the TRUE cost of money.

THIS is what Gold tracks as the below chart reveals.

Having said all of this, the signs are now pointing towards Gold and other inflation hedges rising rapidly as inflation takes hold of the financial system.

Real rates have staged a CONFIRMED breakout from a massive five year triangle pattern.

This is EXTREMELY bullish. And it tells us that HIGHER real rates are coming in the future.

Put simply, BIG inflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

This is getting downright silly.

If you want any evidence that the Powers That Be are doing everything they can to mask the real rate of inflation, you don’t need to look any further than the CPI data released on Thursday.

While energy, housing, healthcare, and numerous other prices are exploding higher, the Bureau of Labor Statistics (BLS) somehow managed to claim that inflation only rose a measly 0.2% in April.

They were able to do this because used car prices and airfares dropped. Yes, those two issues somehow eclipsed the rise in healthcare expenses, energy prices, housing prices, and even food prices.

Regardless in spite of this gimmickry, the BLS was still forced to admit that even the official inflation measure (the CPI) is now clocking in over the Fed’s target of 2% (it’s at 2.5%).

—————————————————————-

A Select Group of Traders Are Using This System Make LITERAL Fortunes

Our options trading system struck again yesterday, locking in a 14% gain in one week.

This brings our total portfolio return for 2018 to 34%.

Yes, 34%. I’m not cherry-picking or leaving out losers. If you followed these trades and our trading rules, your entire trading portfolio would be up 34% since the start of the year.

And we’ve got 8 months to go for 2018!

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription now… before the price doubles tonight at midnight…

CLICK HERE NOW!!!

—————————————————————-

It now joins two of the Fed’s own in-house inflation metrics as revealing that the inflation genie is out of the bottle.

  • The NY Fed’s UIG inflation metric shows inflation to be 3.1%
  • The Atlanta Fed’s Sticky Inflation metric shows inflation to be 2.5%

Put simply, BIG inflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

Let’s talk about Gold as an investment.

Gold is one of the most divisive asset classes on the planet. Stock-centric investors such as Warren Buffett think it’s a worthless “pet rock” that fails to appreciate in value. Gold bugs, on the other hand, revere the precious metal with an almost religious-like ferocity.

Both of these views are misguided particularly when you apply them to a framework that involves TIME.

The fact that Buffett accrued his great fortune during a brief period in which the financial system was based solely on fiat currency has lead him to view Gold with contempt. However, the fact remains that Gold has been a storehouse of value for 5,000 years.

Based on this alone, Buffett’s ideology is myopic. To sneer at Gold is to sneer at the history of money.

However, Gold Bugs are no better in that they focus too much on this “5,000 year metric.” The fact remains that since 1971, Gold has ceased to operate as a storehouse of value in the same way as it did during the other 4,962 years.

I’m NOT saying Gold is no longer a storehouse of value… I’m saying that Gold no longer stores value as it did PRIOR to 1971.

The reason for this concerns the fact that the world is now in a completely fiat-based financial system in which Central Banks can print tens of billions of their currencies at a whim. This opens the door to abject manipulation of Gold prices.

Historically, Central Banks printed actual physical currency. That is no longer the case. Today, 99% of wealth is digital. When the Fed or some other Central Bank prints money, they are not actually firing up a printing press; instead, the entire process is digital in nature and simply involves moving electronic currency from one bank account to another.

Because of this, it is much easier for Central Banks to manipulate asset classes by printing money and then using it to buy or sell futures in those assets. We know this is the case because the futures exchanges openly admit they have programs in place through which Central Banks do this.

An alternative scheme involves Central Banks providing short-term loans to large investment banks, which then manipulate asset classes for them. Thanks to several recent lawsuits, we know for a fact this regularly occurs in the Gold market.

For this reason, Gold no longer acts as a storehouse of value in the same way as it did during the previous 5,000 years. I’m not saying Gold doesn’t maintain purchasing power better than other investment classes, I’m merely pointing out that it no longer maintains purchasing power in the same way as it has historically. And for this reason, Gold bugs, particularly those that hold the precious metal up as a kind of religion, end up perennially frustrated (its been 40+ years since Gold acted as it is supposed to… that’s the length of an entire investment career for some).

So… if Gold is NOT a “pet-rock” as the Buffett crowd would claim… and it’s NOT the storehouse of value that it one was…. What is it?

Gold is a risk asset that trades based on the true cost of moneyas illustrated by “real rates” (Treasury yields MINUS inflation protected Treasury yields). Remember, in our current financial system, the yields on US Treasuries represent the “risk free rate of return.” When you account for inflation by subtracting the yields on inflation-protected Treasury bonds from normal Treasury yields you arrive at the TRUE cost of money.

THIS is what Gold tracks as the below chart reveals.

Having said all of this, the signs are now pointing towards Gold and other inflation hedges rising rapidly as inflation takes hold of the financial system.

Real rates have staged a CONFIRMED breakout from a massive five year triangle pattern.

This is EXTREMELY bullish. And it tells us that HIGHER real rates are coming in the future.

Put simply, BIG inflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

This is getting downright silly.

If you want any evidence that the Powers That Be are doing everything they can to mask the real rate of inflation, you don’t need to look any further than the CPI data released on Thursday.

While energy, housing, healthcare, and numerous other prices are exploding higher, the Bureau of Labor Statistics (BLS) somehow managed to claim that inflation only rose a measly 0.2% in April.

They were able to do this because used car prices and airfares dropped. Yes, those two issues somehow eclipsed the rise in healthcare expenses, energy prices, housing prices, and even food prices.

Regardless in spite of this gimmickry, the BLS was still forced to admit that even the official inflation measure (the CPI) is now clocking in over the Fed’s target of 2% (it’s at 2.5%).

—————————————————————-

A Select Group of Traders Are Using This System Make LITERAL Fortunes

Our options trading system struck again yesterday, locking in a 14% gain in one week.

This brings our total portfolio return for 2018 to 34%.

Yes, 34%. I’m not cherry-picking or leaving out losers. If you followed these trades and our trading rules, your entire trading portfolio would be up 34% since the start of the year.

And we’ve got 8 months to go for 2018!

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription now… before the price doubles tonight at midnight…

CLICK HERE NOW!!!

—————————————————————-

It now joins two of the Fed’s own in-house inflation metrics as revealing that the inflation genie is out of the bottle.

  • The NY Fed’s UIG inflation metric shows inflation to be 3.1%
  • The Atlanta Fed’s Sticky Inflation metric shows inflation to be 2.5%

Put simply, BIG inflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

Let’s talk about Gold as an investment.

Gold is one of the most divisive asset classes on the planet. Stock-centric investors such as Warren Buffett think it’s a worthless “pet rock” that fails to appreciate in value. Gold bugs, on the other hand, revere the precious metal with an almost religious-like ferocity.

Both of these views are misguided particularly when you apply them to a framework that involves TIME.

The fact that Buffett accrued his great fortune during a brief period in which the financial system was based solely on fiat currency has lead him to view Gold with contempt. However, the fact remains that Gold has been a storehouse of value for 5,000 years.

Based on this alone, Buffett’s ideology is myopic. To sneer at Gold is to sneer at the history of money.

However, Gold Bugs are no better in that they focus too much on this “5,000 year metric.” The fact remains that since 1971, Gold has ceased to operate as a storehouse of value in the same way as it did during the other 4,962 years.

I’m NOT saying Gold is no longer a storehouse of value… I’m saying that Gold no longer stores value as it did PRIOR to 1971.

The reason for this concerns the fact that the world is now in a completely fiat-based financial system in which Central Banks can print tens of billions of their currencies at a whim. This opens the door to abject manipulation of Gold prices.

Historically, Central Banks printed actual physical currency. That is no longer the case. Today, 99% of wealth is digital. When the Fed or some other Central Bank prints money, they are not actually firing up a printing press; instead, the entire process is digital in nature and simply involves moving electronic currency from one bank account to another.

Because of this, it is much easier for Central Banks to manipulate asset classes by printing money and then using it to buy or sell futures in those assets. We know this is the case because the futures exchanges openly admit they have programs in place through which Central Banks do this.

An alternative scheme involves Central Banks providing short-term loans to large investment banks, which then manipulate asset classes for them. Thanks to several recent lawsuits, we know for a fact this regularly occurs in the Gold market.

For this reason, Gold no longer acts as a storehouse of value in the same way as it did during the previous 5,000 years. I’m not saying Gold doesn’t maintain purchasing power better than other investment classes, I’m merely pointing out that it no longer maintains purchasing power in the same way as it has historically. And for this reason, Gold bugs, particularly those that hold the precious metal up as a kind of religion, end up perennially frustrated (its been 40+ years since Gold acted as it is supposed to… that’s the length of an entire investment career for some).

So… if Gold is NOT a “pet-rock” as the Buffett crowd would claim… and it’s NOT the storehouse of value that it one was…. What is it?

Gold is a risk asset that trades based on the true cost of moneyas illustrated by “real rates” (Treasury yields MINUS inflation protected Treasury yields). Remember, in our current financial system, the yields on US Treasuries represent the “risk free rate of return.” When you account for inflation by subtracting the yields on inflation-protected Treasury bonds from normal Treasury yields you arrive at the TRUE cost of money.

THIS is what Gold tracks as the below chart reveals.

Having said all of this, the signs are now pointing towards Gold and other inflation hedges rising rapidly as inflation takes hold of the financial system.

Real rates have staged a CONFIRMED breakout from a massive five year triangle pattern.

This is EXTREMELY bullish. And it tells us that HIGHER real rates are coming in the future.

Put simply, BIG inflation is on its way. And smart investors are already taking steps to profit from it..

On that note, we just published a Special Investment Report concerning a FIVE secret investments you can use to make inflation pay youas 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

Posted by Phoenix Capital Research in It's a Bull Market

We’ve received a number of emails asking us how inflation is on the rise while the Fed is technically “tightening.”

The answer is that while the Fed is technically tightening, other Central Banks, particularly the Bank of Japan (BoJ) and European Central Bank (ECB) have been printing their currencies by the hundreds of billions.

See for yourself… below is a chart showing the balance sheets for the Fed (blue line) the ECB (orange line) and the BoJ (black line) since 2Q13.

H/T Bill King

First and foremost, while the Fed is technically shrinking its balance sheet, the amount it has shrunk is negligible. Since the second quarter of 2013, the Fed’s balance sheet is still UP 3%.

Over the same time period, the ECB grew its balance sheet by 63%. And the BoJ has grown its balance sheet by an astonishing 260%.

Mind you, throughout much of this time period, especially post 2016, NONE of these economies were shrinking. So these Central Banks were pumping all this money into GROWING economies!

This is what has unleashed inflation. And smart investors are already taking steps to profit from it.

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

Posted by Phoenix Capital Research in It's a Bull Market

We’ve received a number of emails asking us how inflation is on the rise while the Fed is technically “tightening.”

The answer is that while the Fed is technically tightening, other Central Banks, particularly the Bank of Japan (BoJ) and European Central Bank (ECB) have been printing their currencies by the hundreds of billions.

See for yourself… below is a chart showing the balance sheets for the Fed (blue line) the ECB (orange line) and the BoJ (black line) since 2Q13.

H/T Bill King

First and foremost, while the Fed is technically shrinking its balance sheet, the amount it has shrunk is negligible. Since the second quarter of 2013, the Fed’s balance sheet is still UP 3%.

Over the same time period, the ECB grew its balance sheet by 63%. And the BoJ has grown its balance sheet by an astonishing 260%.

Mind you, throughout much of this time period, especially post 2016, NONE of these economies were shrinking. So these Central Banks were pumping all this money into GROWING economies!

This is what has unleashed inflation. And smart investors are already taking steps to profit from it.

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

Posted by Phoenix Capital Research in It's a Bull Market

We’ve received a number of emails asking us how inflation is on the rise while the Fed is technically “tightening.”

The answer is that while the Fed is technically tightening, other Central Banks, particularly the Bank of Japan (BoJ) and European Central Bank (ECB) have been printing their currencies by the hundreds of billions.

See for yourself… below is a chart showing the balance sheets for the Fed (blue line) the ECB (orange line) and the BoJ (black line) since 2Q13.

H/T Bill King

First and foremost, while the Fed is technically shrinking its balance sheet, the amount it has shrunk is negligible. Since the second quarter of 2013, the Fed’s balance sheet is still UP 3%.

Over the same time period, the ECB grew its balance sheet by 63%. And the BoJ has grown its balance sheet by an astonishing 260%.

Mind you, throughout much of this time period, especially post 2016, NONE of these economies were shrinking. So these Central Banks were pumping all this money into GROWING economies!

This is what has unleashed inflation. And smart investors are already taking steps to profit from it.

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

Posted by Phoenix Capital Research in It's a Bull Market

The Fed is fast approaching its worst nightmare.

Stag-flation.

Stagflation is when inflation is rising at the same time that the economy is weakening, if not contracting.

The Fed has always argued that low levels of inflation (2%) were acceptable provided the economy was also growing. Indeed, this is the very gimmick the Fed has utilized to mask the fact that quality of life has been falling in the US since the early ‘70s (by understating inflation, the Fed has overstated economic/ income growth).

All of the negative effects of inflation (wealth inequality, higher costs of living, increased debt required to maintain living standards) are “masked” by the Fed’s argument, “look how well the economy is doing! If we weren’t running things everything would be much worse. A little inflation isn’t a bad thing after all!”

Not with stagflation.

With stagflation you’ve got the economy shrinking, meaning people are losing their jobs and incomes are falling at the SAME time that the cost of living is exploding higher and thing are getting more expensive.

 

Cue yesterday’s Fed FOMC statement in which the Fed REMOVED its claim that the “economy outlook has strengthened.”

So the Fed has noticed that the economy is slowing and no longer has a great outlook. And this is happening at a time when the Fed’s official inflation measure, the CPI, is clocking in at 2.36% year over year (which incidentally the Fed is trying to ignore).

Put simply: stagflation is here.

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

 

Posted by Phoenix Capital Research in It's a Bull Market

The Fed is fast approaching its worst nightmare.

Stag-flation.

Stagflation is when inflation is rising at the same time that the economy is weakening, if not contracting.

The Fed has always argued that low levels of inflation (2%) were acceptable provided the economy was also growing. Indeed, this is the very gimmick the Fed has utilized to mask the fact that quality of life has been falling in the US since the early ‘70s (by understating inflation, the Fed has overstated economic/ income growth).

All of the negative effects of inflation (wealth inequality, higher costs of living, increased debt required to maintain living standards) are “masked” by the Fed’s argument, “look how well the economy is doing! If we weren’t running things everything would be much worse. A little inflation isn’t a bad thing after all!”

Not with stagflation.

With stagflation you’ve got the economy shrinking, meaning people are losing their jobs and incomes are falling at the SAME time that the cost of living is exploding higher and thing are getting more expensive.

 

Cue yesterday’s Fed FOMC statement in which the Fed REMOVED its claim that the “economy outlook has strengthened.”

So the Fed has noticed that the economy is slowing and no longer has a great outlook. And this is happening at a time when the Fed’s official inflation measure, the CPI, is clocking in at 2.36% year over year (which incidentally the Fed is trying to ignore).

Put simply: stagflation is here.

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

 

Posted by Phoenix Capital Research in It's a Bull Market

The Fed is fast approaching its worst nightmare.

Stag-flation.

Stagflation is when inflation is rising at the same time that the economy is weakening, if not contracting.

The Fed has always argued that low levels of inflation (2%) were acceptable provided the economy was also growing. Indeed, this is the very gimmick the Fed has utilized to mask the fact that quality of life has been falling in the US since the early ‘70s (by understating inflation, the Fed has overstated economic/ income growth).

All of the negative effects of inflation (wealth inequality, higher costs of living, increased debt required to maintain living standards) are “masked” by the Fed’s argument, “look how well the economy is doing! If we weren’t running things everything would be much worse. A little inflation isn’t a bad thing after all!”

Not with stagflation.

With stagflation you’ve got the economy shrinking, meaning people are losing their jobs and incomes are falling at the SAME time that the cost of living is exploding higher and thing are getting more expensive.

 

Cue yesterday’s Fed FOMC statement in which the Fed REMOVED its claim that the “economy outlook has strengthened.”

So the Fed has noticed that the economy is slowing and no longer has a great outlook. And this is happening at a time when the Fed’s official inflation measure, the CPI, is clocking in at 2.36% year over year (which incidentally the Fed is trying to ignore).

Put simply: stagflation is here.

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

 

Posted by Phoenix Capital Research in It's a Bull Market