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- SRSrocco put together a graph tracking production for the top-four gold producers. You will note a pretty consistent downward trend. If these forecasts hold, we are looking at a 23% drop in output over less than a decade. http://bit.ly/2I5FJVb http://bit.ly/2D3w91e
- Gallup's U.S. Economic Confidence Index averaged -12 in July, down from - 8 in June, hitting its lowest average since Oct. 2014.
- It took a lot of chutzpah for Pres. Obama to double the national debt, then in his #SOTU address take credit for having reduced the deficit!
- South Koreans On Track to Buy Record Amount of Physical Gold @SchiffGold http://bit.ly/1VZFUmr
- @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.
- @toozoned50 of course. But he won't ask.
- Buchanan on Knight
- What is your opinion on Reaganomics?
- US Markets “Feel Sick” After Bernanke/Krugman Bet on Bull @SchiffGold http://bit.ly/1UbvT1W
- I believe that this year, the dollar is going to hit an all-time record low. I think we’re going to crack below 6-to-1 in yuan. http://bit.ly/2of79zv
Thursday, March 24, 2016
Can anyone explain the value of the Yen?
From what I understand with the central bank of Japan having done a bunch of monetary expansion and keeping interest rates very low, even going negative recently for financial institution, the Yen should be going down in value. But over the last few months it has strengthened significantly.