Don Culpepper at the 2021 Eckard Mineral Conference

Recently, Don was the special guest speaker, and spoke at the 2021 Eckard Mineral Conference.

The Great Wealth Transfer

It is now inflate or die time for the Federal Reserve. A hard default is not an option and it is obvious which path the government has chosen; a soft default. This  means that they will inflate the US debt away. In my opinion, before the Federal Reserve ever attempts to raise interest rates, they will begin to reduce asset purchases. 

The High Savings Rate

So how have people been spending their stimulus checks?  While some are paying off credit card or school debt, others, like Robinhood traders, are placing their money in the stock market. In fact, investors poured in a record $56.8 billion as the stimulus checks arrived.