Dollar Report: October 2024 / FOMC Minutes / CPI / Gold

Поділитися
Вставка
  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 25

  • @ProfessorBarth
    @ProfessorBarth  2 місяці тому

    Follow me on X: twitter.com/Professor_Barth
    Buy my book!: www.amazon.com/Currency-Empire-Seventeenth-Century-English-America/dp/1501755773
    Now available on Audible: www.audible.com/pd/The-Currency-of-Empire-Audiobook/B0CW22RNDF
    History of Money playlist: ua-cam.com/play/PLinliDgP9EbScxfH5wxoX8I_HNRSElqZ_.html
    Foundations of Western Political Thought playlist: ua-cam.com/play/PLinliDgP9EbRu4qZn8SJFgysSQB5I4c-L.html
    If you enjoy this channel and would like to support: patreon.com/professorbarth

  • @WOCassity2
    @WOCassity2 2 місяці тому +4

    Thank you for this update. Congrats on growing the family and having a new healthy son! My wife and i stopped at 4, three girls and finally got her a baby boy!
    I saw where Mike Maloney did a video the other day where they explored what was putting the pressure that was pushing up gold. He noticed there was about a 19 month lag in the M2 money supply that correlated pretty well to inflation.
    They took the Effective Fed Funds Rate and subtracted CPI to get a real rate that whenever that number went negative, it pushed up gold every time since 2000.
    Just had me thinking about what you said in the History of Money course how Paul Volkner reduced the money supply by raising rates in the 70's and how gold shot up for the years from 75 to 80 ish...
    I'm still cost average buying a little precious metals every month because I agree with your assessment regarding how tricky it will be for the Fed with CPI core still over 3%. I think we'll continue to see this inflation well into the middle of next year. Of course I'm no expert, I'm just speculating and i think of precious metals as a hedge not an investment. My little emergency fund if you will.

    • @ProfessorBarth
      @ProfessorBarth  2 місяці тому +3

      Thanks for that reply, and yes I agree. This whole thing is far from over; the next couple years are very unpredictable (not to mention the election coming around the corner). I think precious metals are a smart buy right now -- like you said, buying a little here and there, every month or so -- it is the time tested way to protect your wealth. Congrats on your family too -- four kids is great, and I'm glad you were able to have a boy!

  • @superstar5123
    @superstar5123 2 місяці тому +2

    thank you for your thoughts and analysis professor

    • @ProfessorBarth
      @ProfessorBarth  2 місяці тому +1

      You're welcome, thanks for watching.

  • @CuriousGeorgio59
    @CuriousGeorgio59 2 місяці тому +2

    Former student here, rise of the British empire course in 2018. Congrats on the birth of your son, god is good 👍

    • @ProfessorBarth
      @ProfessorBarth  2 місяці тому +1

      Yes I remember your class very well -- good times. And thanks!

  • @emacg6345
    @emacg6345 8 днів тому

    Greetings from Ireland. Hope you'll keep the videos coming over the next four years. Amazing times ahead.

  • @Yehoshuasministries
    @Yehoshuasministries 9 днів тому

    Congratulations on yur new born! Great content and analysis!

  • @adamdominguez7470
    @adamdominguez7470 2 місяці тому +2

    Keep up the good work

  • @LilFierro
    @LilFierro 2 місяці тому

    Thanks for the update!
    I don't know how exciting or worthwhile this topic can be, but the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has always been a theory I hang my hat on on when determining where the economy may lead to. There's a lot of lip service, mainly from politicians, that "unemployment is the lowest it has ever been. Even in the midst of hard times" blah blah. But many citizens do not understand the correlation of fiscal stimulus + constant low unemployment = persistent inflation. Essentially, the pain has to be felt eventually.

  • @michaelshultz9923
    @michaelshultz9923 2 місяці тому

    Thanks for your latest Dollar Report. This information is not readily available elsewhere. Also, I have noticed how everyone gets excited about cryptocurrency, gold, and silver when the prices are high, only to fall silent when the prices are low. I suspect a lot of people are buying high and selling low, which is not a successful investment strategy.

    • @ProfessorBarth
      @ProfessorBarth  2 місяці тому

      Thank you for watching. Yes, this is true. If Bitcoin were to crash to $20,000 next week, you'd have all sorts of haters trashing on Bitcoin, when that's precisely the time you ought to buy. Gold and silver still seem solid to me, and I think the trajectory for both (esp. gold) will continue to be up. But you never know for sure; a lot of people were surprised when gold fell in price in 2008 during the beginning of the financial crisis.

  • @MM-cp4mi
    @MM-cp4mi 18 днів тому

    Im going thru your vids as you have a good analysis on some complicated subjects. Im interested in hearing your thoughts on US huge debt and what the implications will be going forward. Thanks.

  • @yehimstone5492
    @yehimstone5492 17 днів тому

    Professor Barth, what is your opinion on usa having a Bitcoin strategic reserve? Thank you in advance.

  • @superstar5123
    @superstar5123 2 місяці тому +2

    linux user?

    • @ProfessorBarth
      @ProfessorBarth  2 місяці тому +3

      Absolutely, been a Linux user for over ten years.

  • @scuffedinvestor2607
    @scuffedinvestor2607 2 місяці тому

    Double tiop.

  • @MisguidedPolicyIsBurdensome
    @MisguidedPolicyIsBurdensome 2 місяці тому +1

    There has been a spike in unemployment. You must add illegal entries to the denominator. A massive increase in total joblessness has occurred.

    • @ProfessorBarth
      @ProfessorBarth  2 місяці тому +1

      Yes I saw this numbers this morning but supposedly, according to reporting, a big chunk of that is hurricane related? Maybe that's wrong or only partially correct.

  • @acrashiscoming
    @acrashiscoming 2 місяці тому

    Crash coming, welcome to the metalverse