April CPI rises at 6% annualized rate, led by rising gas prices and rents. Good job Fed. If this keeps up soon we will have price stability!
— Peter Schiff (@PeterSchiff) May 17, 2016
Hot And Trending...
Trending
- Stocks sold off in reaction to #Powell's comment that he is more bullish on the U.S. economy than he was prior to the tax cuts being enacted. What else would markets expect him to say? Powell's bullish comments will continue until a recession is officially declared.
- 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
- @Mrmozaike @Coindriller It's not about getting an early lead. Just ask the Atlanta Falcons.
- Information doesn’t matter
- Fiat currencies come and go with the rise and fall of nations, but gold and silver will always remain:… https://t.co/Ap6fM8FTNb
- The dollar has already dropped about 12% on the year, and it’s on track for its worst year since 1985. http://bit.ly/2vP7Scn
- How the Fed Was Born
- The Atlanta Fed just lowered its estimate for Q1 #GDP to 2.6%. That is better than a 50% reduction from its highly touted 5.4% estimate made just 3 weeks ago! As growth has been stalling, inflation has been heating up. Yet markets remain completely oblivious to #stagflation.
- Raising Interest Rates Could Cause 'Wonderland Economy' to Collapse @SchiffGold http://bit.ly/1j3Qnhp
- The US Is Already in a Recession; Get Ready for Some Crazy Monetary Policy https://t.co/AEiTmQxmT7 @SchiffGold