Illinois will be paying on interest instead of schools, roads and other needed services.
— Peter Schiff (@PeterSchiff) June 26, 2017
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- So, why does Gartman have faith the gold bulls will continue to run? Central bank policy. http://bit.ly/2xyUI58
- The World Gold Council points out that in some ways, gold and cryptos are complementary assets. It highlighted the similarity in their supply dynamics. http://bit.ly/2ncfp1T
- Trump has found imposing his will in D.C. isn’t as easy as Trump tower. http://bit.ly/2sga9Pj
- For all of 2017 U.S. GDP grew by 2.3%. This is slightly below the 2.2% average #GDP growth during Obama's 2nd term, and below the 2.6% and 2.9% growth rates of i2014 and 2015. Yet according to Trump the economy was a disaster under Obama, but is booming under his administration!
- 10-year U.S. treasury yields just touched 2.9%. This is a new high for the move. The rise in response to the CPI was delayed by the initial plunge in stock market futures. But now that stocks have recovered most of their losses, bonds are plunging.
- Dartmouth Remarks On the Minimum Wage
- Despite his intentions, Trump won’t be able to change the course we’re already on. http://bit.ly/2sVxw09
- In AZ, Gov. Doug Ducey signed a bill into law that eliminates states capital gains taxes on gold and silver specie.http://bit.ly/2rtcbZE
- 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
- 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