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- @Macrotots Yep, Its the what have you done for me lately mentality. Also Dems will argue Obama deficits were necessary to get us out of recession, but that Trump deficits caused problems as the economy was growing when they were run up.
- (1/2) Global stock markets are now nearly as oversold as at the market low in October 1987. Expect a powerful and tradable rally of 20% or so from here. Cover all shorts and go long the most oversold stocks. However, do not expect new highs.
- Ron Paul's Economic Myth Busters: Inflation & Capital Creation @SchiffGold http://bit.ly/1NosMPY
- Former Dallas Fed Pres. Richard Fisher throws former colleges under the bus in CNBC interview. He said "don't blame me I voted against QE3"!
- What should The Big Short have said about the Fed or Fannie/Freddie?
- The Fed and stock market are playing chicken. How much lower will stocks fall before the Fed stops bluffing its about to raise rates?
- According to Gallup, July was the 3rd consecutive month where consumers spent less money than they did in the same month last year.
- The higher Dec. trade deficit likely mean last quarter's low #GDP number will be revised even lower. It also likely means that GDP growth for all of 2017 may be less than the average annual growth rate experienced during Obama's 2nd term. But hope springs eternal for 2018.
- Truth of Paper Gold Market: Greatest Gold Buying Opportunity Ever (Audio) @SchiffGold http://bit.ly/1IECTOc
- APMD surveyed 25 leading precious metals dealers. The average of their estimates for the price of gold at the end of 2018 came in at $1,461.33 an ounce. That would represent close to a 12% increase. http://bit.ly/2BuGFxO