The Austin Report

News & Opinions About Gold & Silver

June 06, 2023

Inflation

$500 Sign Up Bonus at McDonalds…. Do What?

$500 Sign Up Bonus at McDonalds…. Do What?

Inflation, My Diary
In a world that often feels turned upside down, there was proof again in a sign in front of a McDonalds that said— “HIRING $500 SIGN-ON BONUS.” Yes, that seems incomprehensible me, simply upside down. Let’s see, we’ve been paying…

Inflation Continues at 5.3% in August

Inflation
The “official” inflation rate has been so low, for so long, that I’m going out on a limb to warn readers about Inflation. Monetary inflation, the ballooning of the money supply, has become totally irrational during the Covid Crisis. We…

Inflation Hits 5% — There’s More to Come

Inflation
Interesting how the Federal Reserve acted surprised when the official U.S. inflation hit 5%. Our readers were not shocked by this announcement. Any of our articles on inflation have predicted that inflation is inevitable. Not only have we seen 5%…

Higher Taxes, Higher Inflation Coming

Gold Investing, Inflation
Let’s talk about the ridiculous amount of money, fake money, that’s been created in the past year. Would it shock you to learn that the Federal Reserve “printed” 10% more money last year? Well, be prepared for the real number.…
Inflation Confirmation

Inflation Confirmation

Inflation
Absurdly low interest rates and a flood of new paper currency worldwide are causing a unique situation in which too much money is chasing too few good and services— we call that INFLATION. Milton Friedman famously said, “Inflation is always…
Expect Gas Prices to Double

Expect Gas Prices to Double

Energy, Inflation, My Diary
UPDATE:  Average price for a gallon of gas has risen 14% since election until today 1-22-21. When we left Texas for our mountain retreat on Jan 7th, we paid $1.63 for a gallon of gas in Austin, Texas. Gas has been…
Inflation in Commodities

Inflation in Commodities

Inflation, U.S. Dollar Decline
The Stock Market, Gold, and Silver dominated the financial successes in the Covid-10 Pandemic year of 2020. Very overlooked are the rapidly rising commodity prices, a strong sign of the coming waves of inflation. Is this a new supercycle for…

Boom, Bust, Inflate… Inflation Ouch!

Boom and Bust, Inflation
Lying dormant behind Washington’s best efforts to suppress the real inflation numbers, suddenly day to day inflation is breaking out in the headlines about food inflation. Global Food Prices at Six-Year High Are Set to Keep On Climbing… Food Inflation…
Banks Hoard Another 1,300 Tons of Gold

Banks Hoard Another 1,300 Tons of Gold

Inflation
As we’ve all been told, Gold is a monetary relic that has no relationship to modern money Xs and Os stored in computers. Well, that’s mythology or a big fat lie. Here’s news that the Central Banks have accumulated another…