The new weak #dollar policy will be a disaster for the United States. If the dollar Index fell from 120 to 70 when we had a "strong dollar policy," imagine how much lower it will go with a weak dollar policy! My guess is 40.
— Peter Schiff (@PeterSchiff) January 24, 2018
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- Gallup's U.S. Economic Confidence Index averaged -12 in July, down from - 8 in June, hitting its lowest average since Oct. 2014.
- @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.
- 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
- #silver just trade above $20 per ounce. Let's see if gold can follow and trade above $1,350!
- Cryptocurrency like Bitcoin is taking the market by storm, but its volatility should raise questions: http://bit.ly/2lInIjn
- According to Gallup, July was the 3rd consecutive month where consumers spent less money than they did in the same month last year.
- 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
- Jerome Powell has pretty much voted in lockstep with Janet Yellen the entire time she has chaired the Fed. http://bit.ly/2AphzAj
- US Markets “Feel Sick” After Bernanke/Krugman Bet on Bull @SchiffGold http://bit.ly/1UbvT1W