This compilation of financial-related insights includes videos from David Lin, Mike Maloney, and Wall Street Silver.
Gary W----r, Editor of TheGoldForecast.com joins David Lin to discuss how many rate hikes will the Fed enact for 2023 and the impact they will have on the market. Mike Maloney talks about inflation and this 4th of July being the most expensive cookout ever. Peter St Onge joins Wall Street Silver to talk about the different stories between the GDP and GDI.
David Lin
Jul 6, 2023
Gary W----r, Editor of TheGoldForecast.com, discusses how many rate hikes the Fed is likely to enact for the remainder of 2023, and the market impacts on these moves.
*This video was recorded on July 5, 2023
GoldSilver (w/ Mike Maloney)
Jul 6, 2023
The official inflation rate of 4% doesn’t seem to match reality for a lot of people – and nowhere is that more evident than in the grocery store.
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In today’s video Mike shows how the average cost per person for Independence Day cookouts has skyrocketed to $93.84 from $84.12. That’s an 11% increase!
For months the Bureau of Labor Statistics has downplayed the inflation figures, claiming everything’s under control – but Mike’s research shows there’s more to the story.
Inflation is significantly impacting everyone’s wallet – whether you prepare for it is up to you.
Wall Street Silver
Jul 6, 2023
In this video, Peter explores one of the most significant economic debates of the year: Are we currently in a recession? While the focus has been on the wobbly GDP, another indicator, GDI, is raising alarm bells. The U.S. government uses GDP and GDI as the main measures of economic growth, with GDP measuring production and GDI measuring income. However, since the pandemic, these two measures have diverged massively. Furthermore, Peter uncovers the deceptive tactics that policymakers and government statisticians employ to downplay the situation and manipulate data to fuel spending.
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