Russia’s growing gold hoard is helping the country establish economic and political stability and independence. As Bloomberg put it, “Gold offers Russia independence from the dollar amid financial sanctions from the US and its allies.” https://t.co/GyxV6k0ZiP
— Peter Schiff (@PeterSchiff) February 26, 2018
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- Stocks sold off in reaction to #Powell's comment that he is more bullish on the U.S. economy than he was prior to the tax cuts being enacted. What else would markets expect him to say? Powell's bullish comments will continue until a recession is officially declared.
- I believe that this year, the dollar is going to hit an all-time record low. I think we’re going to crack below 6-to-1 in yuan. http://bit.ly/2of79zv
- @Mrmozaike @Coindriller It's not about getting an early lead. Just ask the Atlanta Falcons.
- Information doesn’t matter
- How the Fed Was Born
- The Atlanta Fed just lowered its estimate for Q1 #GDP to 2.6%. That is better than a 50% reduction from its highly touted 5.4% estimate made just 3 weeks ago! As growth has been stalling, inflation has been heating up. Yet markets remain completely oblivious to #stagflation.
- Raising Interest Rates Could Cause 'Wonderland Economy' to Collapse @SchiffGold http://bit.ly/1j3Qnhp
- The US Is Already in a Recession; Get Ready for Some Crazy Monetary Policy https://t.co/AEiTmQxmT7 @SchiffGold
- Jim Grant: The Fed Missed Its Chance; It Can’t Normalize Rates Now https://t.co/9kL0h3ZY4h @SchiffGold
- When the next recession hits, the Fed will cancel plans for tightening, & it may even throw in a few bailouts. http://bit.ly/2iM0oFA