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View John Overstreet's Articles
Inflation: The 800-Pound Bear In The Room
Jul. 20, 2012
Real commodity prices are not a function of real interest rates, but of equity yields.
It seems highly unlikely for the stock market to make much traction without a massive retreat in commodity prices.
CPI is not a fraud, and even if it is, it is not a consequential one.
Precious metals markets are not manipulated.
We are in the middle of stagflation: high commodity prices, high unemployment, weak stock markets, weak growth, but CPI has been extremely low and falling for years.
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