It's amazing that Powell is being asked so many questions about African American unemployment. Monetary policy can not target ethnic groups. Ironically the congressmen feigning outrage at the Fed are the real reason Black unemployment is so high.
— Peter Schiff (@PeterSchiff) February 27, 2018
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- Some have speculated Germany wants the gold at home in the event of a breakup of the EU and a collapse of the euro. http://bit.ly/2xfQO0f
- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- JP Morgan does not understand that it's not just about where interest rates are now that is the problem, but about how much higher they are going, and how quickly they will get there!
- (1/2) Global stock markets are now nearly as oversold as at the market low in October 1987. Expect a powerful and tradable rally of 20% or so from here. Cover all shorts and go long the most oversold stocks. However, do not expect new highs.
- The Bigger the Bubble, The Fewer People See It
- Ep. 322: Economic Alice in Wonderland: http://bit.ly/2necG95 via @YouTube
- Russia has passed China to become the world’s fifth-largest gold-holding country. http://bit.ly/2CJzi6l
- Goldman pointed to several fundamental weaknesses it sees in cryptos that make gold a better long-term value. http://bit.ly/2z6Nt7l
- If Spending Is Our Military Strategy, Our Strategy Is Bankrupt
- Chinese and US Markets Crashing for Same Reason (Video) @SchiffGold http://bit.ly/1Khsvl0