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- Uncle Sam isn’t the only one running up credit card debts. Everyday Americans are also piling on the debt. Total household debt soared to a record $13 trillion dollars in 2017. http://bit.ly/2nWl8Kw
- British Pouring Up to Half of Their Net-Worth Into Gold Post-Brexit https://t.co/2wS71sKdAn
- #Trump's economic fantasy is that since the U.S. economy is getting stronger and stronger, the U.S. dollar will get stronger too. The reality is that the big, fat, ugly bubble is getting bigger and bigger, and as the air comes out the dollar will get weaker and weaker!
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- So, why does Gartman have faith the gold bulls will continue to run? Central bank policy. http://bit.ly/2xyUI58
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- Excluding oil the Dec. trade deficit hit all-time record high. The Widening trade deficit will take down U.S. GDP, the dollar, the bond market, and ultimately the U.S. stock market, just like it did in 1987.
- The dollar is tanking. Gold is soaring. All these forecasts that I’ve been making, or that I used to make, are starting to come true and nobody cares. http://bit.ly/2DMF5MP
- Uncertainty is good for gold. The precious metal was up 8% last quarter, its best showing in a year: http://bit.ly/2nKTcH2
- Financial manager James Stack has noticed it. He predicted the housing crash in 2005, and he told Bloomberg the housing market is flashing red again. http://bit.ly/2Do5VYd
Friday, September 25, 2015
President of FRB coming to my school
So next week the president of the FRB SF is coming to do a q&a at my school. I was wondering if you guys had any good ideas for questions. i wanted to ask about Audit the Fed, but in a way that wouldnt let him just say "the fed already is audited". Any ideas? http://ift.tt/1Lc0f5w