A truck driving along a major highway in South Africa lost its load. This caused a major frenzy, not to mention a horrendous Los Angeles-style traffic jam. And what did this truck dump that resulted in such chaos? Supposedly gold! https://t.co/Z0KWi80p4c
— Peter Schiff (@PeterSchiff) February 16, 2018
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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.
- http://bit.ly/1grU8wm
- 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!
- I'm watching the #DemocraticDebate. It should be call "Dumb, Dumber, & Dumbest." I just need to decided who's who!
- Too bad you can't short the Atlanta Fed's Q1 GDP forecast. It started at 5.4%, then dropped to 4% a week later, and today its down to 3.2% That's a 40% drop in about 2 weeks. I wonder how many more weeks it will take for the number to fall below 2%?
- @DancewtheReaper Yep, they have been buying the dips the whole way down. I supposed this rally we also fail, and we will break to new lows soon.
- Watch me weigh in on the recently released CPI numbers and the return of inflation: https://t.co/e98qNEU6qb
- 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