Fed’s Inflation Denial Threatens Banking System

As the Fed willfully denies the importance of inflation in the cost of the necessities of life, that strategy threatens the banking system with total collapse. Join The Wall Street Examiner's Lee Adler, Russ Winter of Winter Watch, and Aaron Krowne of the Mortgage Lender Implode-o-meter, as they discuss this critical issue in Part 1 of this podcast free to all visitors (36 minutes), also available on iTunes. Also in Part 1, Aaron leads discussions of the outlook for gold and silver, while Russ opines that commodities are in a bubble. We look at the meaning of the Treasury's huge upward revision in the estimate of Chinese holdings of US Treasury securities, the long term impact of unrest in the Arab world and elsewhere, and the threat that tens of thousands of lawsuits pose to the banks.

In Part 2, available to Radio Free Wall Street subscribers, Lee, Russ and Aaron delve into why long term indicators of housing supply and demand remain relentlessly bearish, as well as why in the very short run, the interplay of Treasury supply and Fed pumping could be bullish for stocks. Finally Lee reviews the near term and intermediate outlook for stocks, and Russ discusses how his trading strategy has been working, and why he expects a huge payoff within the next few months.

Subscribers, click the player at the bottom of this post (visible on Radio Free Wall Street main site only) to listen to the entire 56 minute podcast, or use this link to download.