AUSTRIAN · GOLD
Peter Schiff
Austrian-school commentator. Reads markets through gold, inflation and dollar debasement — a long-standing position rather than a rotating call.
Catch-Up
The picture is unchanged: fiscal strain is framed as pushing the Fed toward renewed Treasury purchases and broader money creation. The added emphasis is that a near-term move to $40 trillion in national debt could feed through to higher consumer prices, while a recent balance-sheet expansion is cited as evidence that liquidity is already turning up.
A daily catch-up of talking heads, in fifteen minutes.
Current Views
Inflation needs to average 0% for 65 months to offset the past 65 months’ 4% average and restore the Fed’s 2% target.
$STRC needs additional Bitcoin and discounted common-stock sales to reach $100 after remaining below $95, a long-standing position rather than a fresh call.
Bitcoin faces downside pressure as further sales may be needed to support $STRC at $100, a long-standing position rather than a fresh call.
Future inflation will be substantially higher than consumers’ 4.3% year-ahead expectation, making the August collapse in consumer sentiment more severe if fully understood.
Gold remains supported as future inflation is expected to run substantially above consumers’ already elevated 4.3% year-ahead inflation expectation.
Retail sales fell 0.6% in July, while inflation-adjusted spending declined more sharply as consumers paid more for less, reducing living standards.
Consumer prices will soar as the national debt approaches $40 trillion and the Fed prints money to buy Treasuries.
The Fed will expand money creation to buy Treasuries as the national debt approaches $40 trillion, a long-standing position rather than a fresh call.
The national debt will reach $40 trillion by month-end or sooner, intensifying pressure for Federal Reserve Treasury purchases.
Federal Reserve liquidity is increasing as the balance sheet expanded by $11.388 billion last week instead of contracting.
Inflation is being created as the Federal Reserve expands its balance sheet by $11.388 billion rather than shrinking it toward the 2% target.
Wordcloud
Direction By Day
| 01 AUG | 02 AUG | 03 AUG | 04 AUG | 05 AUG | 06 AUG | 07 AUG | 08 AUG | 09 AUG | 10 AUG | 11 AUG | 12 AUG | 13 AUG | 14 AUG | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fed Policy | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
| Fiscal & Treasury | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
| Inflation | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
| Liquidity | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
Sentiment Heatmap
| 01 AUG | 02 AUG | 03 AUG | 04 AUG | 05 AUG | 06 AUG | 07 AUG | 08 AUG | 09 AUG | 10 AUG | 11 AUG | 12 AUG | 13 AUG | 14 AUG | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fed Policy | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
| Fiscal & Treasury | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
| Inflation | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
| Liquidity | · | · | · | · | · | · | · | · | · | · | · | · | · | ▲ |
Comments
0 REMARKS