U.S.A. BUSTED, BROKE, BORROWED TO THE HILT

U.S.A. BUSTED, BROKE, BORROWED TO THE HILT

CBO OVERVIEW:  Outlook Before Passage of Biden’s $1.9 Trillion Stimulus The Congressional Budget Office projections of federal budget deficits, debt, revenues, and spending were published on February 1, 2021 based on current laws. Looks like Washington is destined to spend…
Green Energy Problems & Frozen Texans

Green Energy Problems & Frozen Texans

Good morning, it’s 8 degrees with more than 6 inches of snow lingering on the ground for the second straight day. No, I’m not writing from our cabin high in the New Mexico mountains— we’re in Austin! We’re in frozen…

Yep… It’s a Stock Market Bubble

Any way the Austin Report looks at Stock charts we see a bubble— a big dangerous bubble.  Here’s a chart and commentary provided by Statista.Com with their opinion. ”One way of looking at stock valuations is the market value of all…
Inflation Confirmation

Inflation Confirmation

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…

Silver Up 49% in 13 Months

The price of Silver has been highly volatile this year and the Silver above shows the impact of those proclaiming they can drive Silver prices to $1,000 an ounce. They’ve got a long way to go, as you can see…
The Beginning of the End of Old Wall Street

The Beginning of the End of Old Wall Street

Wall Street craziness persists— get-rich-quick options, tech stock only rallies, cloud stocks, cryptocurrencies, bonds paying less interest than inflation, bubble Stock prices, green energy hype, electric cars, blockchains, and ETFs for anything. Is this investing or gambling? Then there are…