Peter Cavelti’s essays have been printed and quoted in papers, magazines and newsletters internationally, including The Wall Street Journal, Barron’s, The Financial Times, the Financial Post, The Globe and Mail, Money, Personal Finance and World Link. Peter releases new commentary as inspired by current events and the desire to share information with an independent, unbiased voice.
RECESSION, THEN STAGFLATION?
With inflation raging and markets taking a hard hit, central banks have run out of acceptable options. With a view on preserving capital, we re-examine the merits of cash and take a close look at various asset classes, from stocks and bonds to gold and cryptos.
Today’s Strategic Update covers a range of topics: government’s relentless attempts to regulate everything, Big Technology’s push toward surveillance and narrative control, the consequences of the Ukraine war, and how to invest in a climate of extreme uncertainty.
Enjoy the replay. Duration: 1:07:33. Host Matt Smith and Doug Casey interview Peter, exploring topics as diverse as the Ukraine crisis, manufactured media narratives, government overreach, central bank policy, information overload and the investment outlook.
Six weeks into the Ukraine war, we examine the West’s sanctions against Russia and identify a long list of unintended consequences, many of which will aggravate worldwide shortages and price pressures. We also explain why the sanctions will accelerate the transition from an Ameri-centric order to a multi-polar world.
Eleven days ago, Russia invaded Ukraine. While countless uncertainties remain, we draw some early conclusions. In addition to updating on the new geopolitical realities, we also focus on economic consequences and explain the implications for investors.
The disregard our politicians and the media have for us citizens is stunning. We look at the most recent examples of narrative manipulation and the growing use of government emergency powers, and draw our conclusions. In our segment on investment strategy, we stress the need to be prepared for a variety of outcomes and to be nimble with portfolio adjustments.
Not too long ago, when the Covid threat first emerged, economists the world over entertained us with various forecasts of how exactly the recession of 2020 would play out. Some were quite determined that it would be in a U-shape, while others suggested a W-shaped, L-shaped or K-shaped pattern. Some boldly predicted that the downturn would last a while; the opposite camp thought it would be short-lived.
Are there any members of our legislatures left who aren’t taking their marching orders from corporations and special interest groups, even when it hurts the voters who put them into office?
How will America’s botched Afghanistan exit impact the geopolitical balance? What safe haven investments are there left? We’re addressing two questions that seem to be on everyone’s mind and explain why caution is advised.
We review gold’s fundamentals and conclude that they’ve rarely looked this constructive. We also take a close look at different gold investment alternatives.
“Gray Rhinos” (clearly visible, but nevertheless ignored threats) are everywhere. We explore the concept and investigate the root causes of today’s disfunction. We also look at whether the past half-century of failed leadership warrants a Great Reset. Finally, we comment on the dilemma in which central banks and governments find themselves and explain why the spike in inflation may not be temporary.
Several readers have asked about crypto-currencies, especially in the context of the dramatic advance most digital assets experienced between early February and mid-April. Did the crypto space attract capital that might otherwise have flowed into gold?