Despite the highly massaged CPI report last week, inflation remains entrenched and persistent at a historically level. Meanwhile, the economy continues to contract, average household real earnings become more negative and the housing market is in a slow motion collapse that will accelerated in the coming months. It’s impossible to predict when the Fed will be forced to rip-in-reverse its monetary policy, but the precious metals sector (gold, silver and mining stocks) are as undervalued at any time since the early 2000’s vs the rest of the stock market.

Jason Burack invited me onto his Wall Street for Mainstreet podcast to discuss why the Fed is trapped and why it’s time to start accumulating more precious metals and mining stocks:


The precious metals sector looks like it’s ready for a major move higher, especially the junior exploration stocks – you can learn about my Mining Stock Journal here: MSJ information; and my Short Seller Journal subscribers have made a small fortune on the ideas I present weekly in my short seller’s newsletter: SSJ information.