#Gold added to is losses immediately following Powell's upbeat forecast on the U.S. economy. This is another buying opportunity, as the data clearly indicates Powell is wrong, and that the U.S. economy is headed for stagflation that will be even worse than the 1970s experience.
— Peter Schiff (@PeterSchiff) February 27, 2018
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- It's a myth is that breaking a shopkeeper’s window will ultimately boost the economy. http://bit.ly/2x6ibKK
- #Macy's stock price is down over 40% in the past 3 months on weaker sales. This supports my forecast for a weak holiday shopping season.
- To save the stock market while pretending the "recovery" in still on track, the #Fed used low oil prices as its excuse to turn more dovish.
- If #Trump really wants to reduce America's trade deficit he needs to slash regulations and massively reduce government spending, including entitlements. That will free up resources to investment in plant, equipment and worker training that will improve our global competitiveness.
- Had the same 2% inflation assumption used to calculate Q1 #GDP been applied to Q2, the reported growth rate would have been just 1.6%!
- 2008 Was Just a Tremor; The Real Economic Earthquake Is Coming https://t.co/SQo6W8cDxA @SchiffGold
- Production is declining and this is going to put an enormous amount of pressure on prices down the road. http://bit.ly/2ilUyqo
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
- SRSrocco sees the potential for a 40-50 million ounce production decline in 2017. http://bit.ly/2z34sZf
- Ep. 282: Hurricanes Rain On Market's Parade: http://bit.ly/2f1E46a via @YouTube