Flash Commentary No, 1460b
Fundamentals Could Not Be Stronger for Gold and Silver, nor Weaker for the
U.S. Dollar and Stocks, Despite Fed or Market Nonsense to the Contrary
There Is No V-Shaped Recovery
Battered, Non-Recovered May 2021 Payrolls and Unemployment
Confirmed a Still-Ravaged Economy on Par With the Great Depression
Severely Negative Annual Revisions to Industrial Production
Mean the Economy Was in Recession Well Before the Pandemic Hit
Business-Cycle Conditions Are Collapsing Rapidly,
Amidst an Extreme Acceleration in Inflation
2021 Social Security Cost of Living Adjustment (COLA)
Could Spike to a 40-Year High, Based on Potential Third-Quarter 2021 CPI-W
Bureau of Labor Statistics Reveals It Cannot Measure the CPI Properly, At Present
FOMC Has Trouble Forecasting Inflation One Quarter Ahead,
Let Alone Two Years Ahead
Despite Talk of “Tightening” in 2022 or 2023,
FOMC Is “Easing” Anew in Its Latest Actions