Gold closed above $1,300 an ounce for the 1st time in 5 years, oil closed above $60 per barrel for the 1st time in 4 years, and the U.S. dollar fell the most in 14 years. Interesting that no one is worried about what this implies for inflation or interest rates in 2018!
— Peter Schiff (@PeterSchiff) December 29, 2017
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- Though #gold and #silver prices are approaching 2-year highs, and mining stocks are hitting 3-year highs, typical investors have yet to buy!
- Carl Menger: Founder of the Austrian School
- I added a video to a @YouTube playlist http://bit.ly/2kSKre5 🔴 What's Good For Gold in 2018 May Be Bad For Bitcoin
- Cryptocurrency like Bitcoin is taking the market by storm, but its volatility should raise questions: http://bit.ly/2lInIjn
- http://bit.ly/1M785wD
- http://bit.ly/1MMOilc
- David Stockman: We believe strongly that a bond market ‘yield shock’ will be the crash-trigger this time around. The central bankers have unleashed a credit monster. $67 trillion in the US, $40 trillion or more in China & $230 trillion on a global basis. http://bit.ly/2oPaRPO
- This is what happened when the Pilgrims took a stab at socialism. http://bit.ly/2B9VuWP
- Hayek on Keynes's Ignorance of Economics
- JP Morgan says not to worry about rising interest rates. I guess they think the problem is contained. Are these guys really this dumb, or are they just trying to talk up the market?