Will Thomson: The Bond Market Is Broken, the 60/40 Portfolio Is Dead

Coming up don't miss our exclusive interview with Edward Sterck of the World Platinum Investment Council. Mike Maharrey and this week's guest dive into the Platinum Group Metals and in particular discuss why we've seen a divergence between the price of platinum and the price of palladium and what's behind that dynamic.

A Vote of No Confidence! Are the Markets Losing Faith in the Fed's Inflation Fight? Federal Reserve Chairman Kevin Warsh and his minions are talking tough on inflation. But they haven't done anything. At the July Fed meeting, the central bank elected to hold rates steady for the sixth time, despite price inflation remaining persistently well above the stated 2 percent target. Based on the market reaction, investors are beginning to think the Fed is surrendering to inflation and will not raise rates again.  In this week's Midweek Memo podcast, host Mike Maharrey talks about the dichotomy between the Fed's words and its actions, explains why the markets are right to lack confidence in the Fed, and how a surrender to inflation will impact the precious metals markets.

In this week's interview, Frank Holmes, CEO of U.S. Global Investors, believes we're about to see some real movement in the gold market and you'll certainly want to hear which direction he believes it'll be heading next over the upcoming months.

Officially, the U.S. has far more gold than China. But does it really? In this week's Midweek Memo podcast, Mike Maharrey explains why there is reason to doubt this claim. In fact, we don't really know how much gold the U.S. or China holds. We have official claims, but the U.S. refuses to audit its reserves, so there could be far less than advertised. And it's evident China is accumulating gold faster than it claims. Why this dichotomy? And what are the ramifications?

Coming up don't miss another wonderful interview with Greg Weldon of Weldon Financial. Greg weighs in on the ongoing correction and consolidation in the precious metals and shares why he thinks this may be a "back up the truck" type of opportunity for metals buyers and where he sees silver going in particular. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Many analysts believe we are in the early stages of a secular bear market in bonds. In this episode of the Midweek Memo podcast, host Mike Maharrey talks about the possible ramifications of this bond bear market, arguing that it could not only fundamentally alter the investment landscape, but it could also hamstring the Fed's efforts to fight price inflation.  This scenario could cause a significant shakeup in the world economy and financial system.  It's also extremely bullish for precious metals. 

Interview with Will  Thompson founder and portfolio manager of Massif Capital – a privately held,  value-oriented hedge fund with a focus on the energy, mining, materials and infrastructure  sectors.| Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

If you followed the headlines, you know that the June CPI report was even cooler than expected. This generated optimism that maybe, just maybe, the Fed is finally getting inflation under control.  But there's more to the story. In this episode of the Midweek Memo, host Mike Maharrey tells you the rest of the story, revealing that despite falling CPI, inflation is alive and well. On top of that, the good CPI news may green-light even more inflation.  Mike also points out a very interesting trend in the gold market. Gold is up during Asian trading sessions through the first half of the year, even as the yellow metal sold off during North American sessions. What is this telling us? 

This week, an exclusive interview with Ed Steer precious metals insider and publisher of Ed Steer's Gold and Silver Digest, and also a member of the board of the Gold Anti-Trust Action Committee, or GATA.

The perception is that gold has tanked through the first half of the year.  In fact, the yellow metal isn't down nearly as much as you probably think. The perception is that the new Federal Reserve chairman will keep monetary policy tight to fight inflation.  In fact, the Debt Black Hole may have something else to say about that. In this week's Midweek Memo podcast, host Mike Maharrey provides a reality check, showing that gold's correction isn't nearly as steep as you might think and throwing cold water on the notion that Kevin Warsh will maintain a higher interest rate environment and slay inflation.