Patriot Radio News Hour

Inflation needs to get worse before the Fed will do anything. Keep on raising that debt ceiling.  The amount of debt that we have acquired since the last economic downturn in 2018 is $25 trillion. Plus, the post office charging more for less. Get ready to pay a lot more for your Nikes.  See omnystudio.com/listener for privacy information.

China has just issued shutting down of factories due to energy crisis.  UK gas prices could be here soon. Natural gas price is equivalent to $200 a barrel oil.  Electric vehicle simply cannot work at this time, we don’t have the power infrastructure. Pork, the cheapest of meats, price increase to surge to all-time record highs due to herd shortage.  Of course it is just transitory inflation.See omnystudio.com/listener for privacy information.

Silver shortage. Silver got ambushed today. Supply shortage. Ports are stacked up and now asking government for money to unload freight. Not enough truck drivers to move product. Is it a shortage of truckers or a shortage of trucks?  China’s energy shortage. The power cuts have been going on longer than we have been aware of.See omnystudio.com/listener for privacy information.

Big banks can have rip off families, Big banks can have felony counts, but the Fed has never refused one of their charters. Criminals.   Federal reserves are “retiring” because of the distraction of… Well let’s be honest… Insider trading.  Plus, stores have toilet  paper, but everything is disappearing.See omnystudio.com/listener for privacy information.

China is starting to crack down on energy usage. This will cause even more major disruptions in the supply chain.  Do you think we have chip shortage is now? Will you be able to get that new iPhone 13?  Plus, Covid mandates cause crimes to rise as police refuse to take the vaccine.See omnystudio.com/listener for privacy information.

Is the inflation transitory? Yes, but it will never get back to what it was. At least 20% more of what it used to be. Shipping cost are hindering those Christmas presents arriving on time. Plus, Lake Powell at drastically low levels; and FedEx adds fee increases surcharge for fuel.  See omnystudio.com/listener for privacy information.

Jay Powell- taper to start - three rate hikes. It is amazing to watch the lies that he delivers with a straight face.  Plus, the overnight repo market. The Fed is not your friend.See omnystudio.com/listener for privacy information.

Jay Powell will be speaking today. These Fed meetings are just an elaborate show that makes it appear that the FED is concerned about the “little people“.  Break out the dot plot. Plus, housing troubles continue. PVC is now the latest issue.See omnystudio.com/listener for privacy information.

China closer to  capitalist than every. Wall street want a bail outs. Payments to low income families, for nothing other than having kids.  Will will all pay for it.    See omnystudio.com/listener for privacy information.

Are the dominoes falling in China? What happens if growth in China comes to an end.  What will the Fed say this Wednesday? Bitcoin down big. Supply chains, food, glass,  cardboard. Liquor shortage?  Jason buys freeze dried vegetables at seven dollars an ounce.See omnystudio.com/listener for privacy information.

Thousands of illegals housed under a bridge in Texas. Biden administration wants to make sure you don’t see it.  Shipping wait times at California ports are climbing. The cost will be passed directly to you. Get ready to pay more for everything.See omnystudio.com/listener for privacy information.

The guys talk about the current bank buybacks they are at an all-time high. Ray Dalio on bitcoin. He is basically saying what Joe has been saying, if it becomes relevant the central bank will crush it.  Plus, Michael Invest on the stock market crash. Also, China will not buy Tesla.See omnystudio.com/listener for privacy information.

Jeffrey Gundlach puts it in simple terms. What we are experiencing is not economic growth, it is just simply spending.  We sent our manufacturing to Asia because everything was an expensive.  Those days of cheap products are quickly coming to an end. Inventories are out of sync with history.  Rents are going up sharply in the months ahead. See omnystudio.com/listener for privacy information.

CPI report.  Does the consumer price index actually match up what the consumers are paying?  The 70s are back…inflation style.  It’s only transitory. Also, better order your Christmas presents now because shipping is going to take a while. The one truth that the Federal Reserve can’t admit is that they are lying.See omnystudio.com/listener for privacy information.

Biden, Yellen, Powell.  One is weak, one is ruthless and one clueless. Repo market, the big banks don’t like the debt that is out there. Junk bonds are bad bets as well. Our economic freedoms are at risk. Prepare now. See omnystudio.com/listener for privacy information.

The producers are saying that Jay Powell’s  transitory inflation is just not true. Shrinkflation,  less and less in your products, more and more the price increases.  9% inflation is really 24% inflation.  Fed official Mester says inflation could remain high this year before coming back next year. Transitory.See omnystudio.com/listener for privacy information.

Beige book breakdown, plain and simple,  shortages everywhere.  The  response to inflation is just don’t buy expensive stuff.  Chip shortage is increase your phone will cost more than you can believe.  Vaccine or else… That’s pretty much how the White House put it.   It’s all transitory.See omnystudio.com/listener for privacy information.

Joe and Jason discuss that Jay Powell is running out of rope.  Janet Yellen is one of Joe’s top worst people ever.  Will the IMF replace the central bank? Will China be ready to replace the dollar?  Plus, the guys talk about the White House is new energy policy.See omnystudio.com/listener for privacy information.

Joe and Jason Inflation, interest rates, rising food cost prove that the FED are in a bad spot and they know it.  We will end up as a society that owns nothing, and we will like it. The guys also get into the new MU variant.  Just something to distract you from what’s really going on. See omnystudio.com/listener for privacy information.

The guys discuss stagflation, jobs numbers, wages and more.  The central bank will be forced to try to fight this inflation.  Will interest rates go to 25%?  How many reasons do you need t buy gold and silver? Be prepared.See omnystudio.com/listener for privacy information.

Paying people to not work. It is like being addicted to drugs.  You don’t have to work, you don’t have to pay rent, you don’t have to pay student loan, you don’t have to buy food, we have food stamps for you.  There is no turning back.  Remember this is only transitory. Be prepared.See omnystudio.com/listener for privacy information.

They are saying that 2034 will be when Social Security runs out of money. It will be sooner than this. There is no trust fund.  Medicare is not even included in these numbers and inflation has not been factored in yet. Be prepared.  See omnystudio.com/listener for privacy information.

Gold fell almost $100…was it orchestrated? Billionaires who have hated gold in the past are ready to jump in.  People are getting out of bonds, then getting out of cash. Investable gold is not available, that will cause the price will rise astronomically.Plus, China wants a set at the table, they will get it. See omnystudio.com/listener for privacy information.

Jay Powell is so dovish , because he needs to continue the lies.  Modern monetary theory is simply socialism. Keep printing and giving away free money.  Remember, Yellen is the puppet master. Be prepared.See omnystudio.com/listener for privacy information.

Today’s program Joe reviews Jay Powell’s zoom meeting.  What exactly does new car prices have to do with inflation no longer rising? His comments had Janet Yellen written all over them. Plus, is China getting ready to back their digital currency with gold?See omnystudio.com/listener for privacy information.

Well what has that gotten us so far? Just keep talking about tapering. What does this mean for us?  The Central Bank has printed too much fiat money.  Inflation is coming like a freight train. Joe has said it before, be prepared. See omnystudio.com/listener for privacy information.

The guys review Jeffrey Gundlach latest video and the reason why Palantir bought so much gold.  You will not be surprised.  Get ready prepare now. Buy gold.See omnystudio.com/listener for privacy information.

Joe discusses the dangers of cryptocurrency.  Coinbase customer have been hacked and simply told their money is gone for good. Plus, Jeffrey Gundlach -  2028 China will be the largest economy in the world. The bond market is the best indicator that we are in trouble.See omnystudio.com/listener for privacy information.

Biden's inability to even understand what’s going on day by day is being reflected in the falling dollar.  The world is losing faith the president.  The chip shortage of today is the oil shortage of the 1970s. Housing cost, rental cost rising at a rate that unattainable for middle class.  Powell is Yellen’s puppet. See omnystudio.com/listener for privacy information.

Chinese gold reserve on the rise?  Joe, Jason and Bryan talk about how China’s gold reserves quantity does not seem right?  Plus, silver…it is time to get in.  How much does your portfolio way?  See omnystudio.com/listener for privacy information.

To taper or not to taper...is there any question? High inflation and slow growth. The taper should be over already.  How much longer are we as Americans going to be forced to listen to the lies of the Federal Reserve.  Secure your wealth.See omnystudio.com/listener for privacy information.

Even the talking heads on the idiot box realize that the world has lost faith in the central bank and there lies.  Gold buying surges.Sure lumber prices have gone down, but that’s because home builders stop building.If you can’t afford a down payment, can’t afford a mortgage, can’t afford to pay for those utilities, landscaping, don’t worry rental communities are here for you. USA the land of the free money and no ownership.  Biden and his mediocracy continue to shine.See omnystudio.com/listener for privacy information.

62 metric tons of gold have been purchased by central banks around the world in only three months. Demand for gold is rising, but we are right now in the eye of the storm.  Do what the central bank is saying, put some gold away. Plus, Jay Powell lies, there’s no way tapering is coming soon.  Currently the central bank owns half of the US debt being created.See omnystudio.com/listener for privacy information.

Benefits will rise for food stamps by 25%. But of course there is no inflation. Did you get a 25% raise at work?  Plus, the Taliban takes charge again. Let’s see if Biden blames Trump for this. OPEC rejects Biden – weak leadership at it worst. See omnystudio.com/listener for privacy information.

The debt auctions are showing that faith is being lost on what the central bank is saying. The consumer sentiment number lowest since 2011.  Plus, shipping port in China, third largest in the world, closed due to Covid. Shipping will more than double.Also, Disney, Southwest, reservations are dropping off and flights are being canceled.See omnystudio.com/listener for privacy information.

The guys talk about housing.  The moratoriums, will they ever end?  Rents are becoming astronomical.  Jason discusses the possibility of a 40 year mortgage.See omnystudio.com/listener for privacy information.

CPI comes out, but the idiot box says if you use the “core”  number inflation goes down by 20%.  Kool-Aid has been served.  Also the CPI says that housing has slowed. Fiat money goes to zero the dollar is dead.  Plus, the continued rise of the chicken wing. If you’re prepared you have nothing to worry about.See omnystudio.com/listener for privacy information.

Inflation rises, supply chains becoming extremely expensive. Small business being crushed.  The Infrastructure bill , just more spending – how much will be on roads? Who’s in charge, Biden or Yellen?  U.S has such weak leadership.  Rise of huge companies, Amazon and Walmart. No longer do we have competition. Banks so huge people don’t want to put their money in them anymore. Plus, education is racist.See omnystudio.com/listener for privacy information.

Joes breaks down the infrastructure bill, universal daycare, free community college…clean electric payment program? Gold flash crash  - losing $100 in just 16 minutes. Was a government behind the massive move?  Plus, Yellen spends more money without asking. See omnystudio.com/listener for privacy information.

The guys talk about the jobs number and how true it really is. Should the Fed still be buying? The taper talk continues. Inflation and possible new low mortgage rates. Gold and silver are your best hedges against inflation.See omnystudio.com/listener for privacy information.

Janet Yellen said if we don’t spend the 3.5 trillion for human infrastructure, i.e.  free money,  that the US will lose its standing on the world stage.  We need opportunity, not government to be in our way.  Are the price increases matching your wages? Only transitory.   See omnystudio.com/listener for privacy information.

Wall Street and the Central Bank have destroyed the economy, but they say they’re here to fix it.  Vegas and Wall Street are the same. You will lose. The bubble is getting ready to pop. Sorry to say it, if you do not have gold and silver you’re a fool.  See omnystudio.com/listener for privacy information.

Now with COVID on the rise, it’s the perfect time for the US to incorporate a digital dollar.  Simply deposit money into accounts and presto… No more poverty.The spending continues with the Democrats citing rent and mortgage moratorium, student loans, economy boosting efforts and of course COVID assistance. The feds balance sheet $5 trillion in only 18 months and climbing. The reset is coming, be sure you are ready.See omnystudio.com/listener for privacy information.

The combination of evil Yellen, weak Biden and feeble Powell equals stagflation like you have never seen.  The bond market is collapsing. Plus, Jay Powell’s possible replacement cannot imagine the US without having a digital dollar.  See omnystudio.com/listener for privacy information.

Today the guys discuss the history and the evils of the central bank.Are you ready to protect your wealth? See omnystudio.com/listener for privacy information.

The guys talk about some great historical silver pieces and gold specials as well. Time to get prepared is now. Get your precious metals today.See omnystudio.com/listener for privacy information.

The guys talk about the everything bubble and it is going to pop. No doubt. The great reset. The time to buy gold is now.See omnystudio.com/listener for privacy information.

Stanley Druckenmiller describes the perfect way to destroy the US economy. It appears to be that we are currently on that path. 1970 inflation will be back. Plus, cattle prices up, Costco raise his prices by 8%. But inflation is only 5%. Remember it’s only “transitory”See omnystudio.com/listener for privacy information.

If you have at least one kid you can make $51,000 plus in unemployment benefits. Of course no one‘s going to want to work. What Powell and Yellen have done is devalue your money. Plus, the housing market is in disarray and will only get worse. Get prepared now. See omnystudio.com/listener for privacy information.

The Democrats have a new plan when the mortgage moratorium comes to an end.If you haven’t paid your mortgage for the past 18 months they hope to give you a 25% decrease in the payments you will start to make.  This rate decrease does not apply to anybody who’s actually paid their mortgage over the past 18 months. The government is rewarding failure. Plus, the world is starting to dump the dollar. Central banks increase their holdings in Renminbi by 30%. The world turns away from debt.  See omnystudio.com/listener for privacy information.