The secret to the Fed’s balance sheet is that gold certificate it received from the Treasury in the 1930s. http://bit.ly/2iutgRZ
— Peter Schiff (@PeterSchiff) August 24, 2017
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- SEP Commentary "The Investment Game is not so much about holding a good Hand as playing a bad Hand well" published. http://bit.ly/1MY9KUc
- Hope springs eternal. After having initially forecast 2017 Q4 #GDP growth at 4.5%, only to see it come in at just 2.6% (likely to be revised lower next month), the Atlanta Fed's initial read on 2018 Q1 GDP is 4.2%. Let the GDP limbo begin.
- Given how large past #Republican deficits have been relative to the initial rosy projections when the goal was to balance in 10 years, imagine how much further off the mark #Trump's deficits will be when even the pretense of eventual balance has been dropped!
- Former Reagan budget director David Stockman warns of a fiscal bloodbath in America's future. http://bit.ly/2qlfBhY
- Ron Paul asks: Do We Need the Fed? @SchiffGold https://t.co/oArb1Sf9wX
- 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.
- http://bit.ly/1grU8wm
- Where do you see and hear the most advertisements for gold and silver? Fox News and conservative talk radio. In other words, Trump voters buy gold – at least when Democrats are in office. http://bit.ly/2FF6Q78
- The declining output from Chinese mines is starting to fit into a broader pattern of flat gold production globally. http://bit.ly/2pDo91T
- The amount of silver flowing in Swiss wastewater comes in at about 3,000 kilograms every year. http://bit.ly/2gCWjPO