Biden's backdoor way to raise wages is continued unemployment benefits: Skousen

Inflation concerns are escalating on loose monetary policies and unprecedented stimulus, with June CPI data rising at the fastest level since 2008. However, this has not been reflected in the price of gold with the precious metal not hitting the $1,900 an ounce level since January. Mark Skousen, an award-winning economist, warns that if gold were to breach the $2,000 an ounce level that would indicate that inflation is a very serious problem.

"Gold tends to be a leading indicator of inflation, and gold is moving up, but it hasn't broken above the $1,900 level. But if it does break that level, and goes from $2,000 to $2,100, that suggests a very serious inflation problem," Skousen told Michelle Makori, editor-in-chief of Kitco News on the sidelines of the Freedom Fest 2021 conference.
Skousen is the editor-in-chief of Forecasts & Strategies and is currently on the faculty of Chapman University where he is a Presidential Fellow. (show less)

Inflation concerns are escalating on loose monetary policies and unprecedented stimulus, with June CPI data rising at the fastest level since 2008. However, this has not been reflected in the price of gold with the precious metal not hitting the $1,900 an ounce level since January. Mark Skousen, an award-winning economist, warns that if gold were to breach the $2,000 an ounce level that would indicate that inflation is a very serious problem.

"Gold tends to be ... (read more)

Freedom Fest 2021

Freedom Fest 2021
The Ultimate Summit for the Liberty MovementFreedomFest is an intense three and a half days, and it’s different from any conference you have ever attended. Where else can you attend yoga in the morning, listen to world-renowned speakers on finance or geo-politics after breakfast, choose from among a dozen breakout sessions with the world’s brightest thought leaders in the afternoon, watch a movie (and meet the director) throughout the day, judge the contestants in an Entrepreneurs’ Competition, and end the day with karaoke? Plus, this year, you can choose to join a number of official excursions to world-famous destinations of Mount Rushmore, Crazy Horse, and Deadwood with other FreedomFesters.

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