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- #Bitcoin just traded down to $6,000. That is 70% below its record high set in Dec. 2017. How much lower will the price have to fall before the HODLers FODL? My guess is most will hang on until the price is well below $1,000. Then the big problem will be finding buyers!
- Inflation is back. So what does this mean for gold? http://bit.ly/2Cp3EKY
- The fact that the dollar and bond prices are falling together is a very, very bad sign that everybody is ignoring. The bond yields aren’t high enough to offset the losses in the foreign exchange. http://bit.ly/2DMF5MP
- Does scientific research drive innovation? Not very often, argues Matt Ridley
- The Cruelty of the $15 Minimum Wage
- From CNBC. http://bit.ly/25CwpB2
- @4LPH4THOR Yes, its just early. The recent 10% drop was not a correction but the beginning of a bear market.
- The US Treasury Department plans to auction off about $1.4 trillion in Treasuries this year to finance all of this spending. That raises an interesting question: Who is going to buy all this paper? http://bit.ly/2EjQdlv
- #Republicans are about to run larger deficits when the economy is supposedly booming, than #Democrats ran into 2009 when we were in the Great Recession. Can you imagine the size of the Republican deficits when the economy slips back into recession?
- Power to the People – Owning Gold and Silver to Weather the Monetary Storm http://bit.ly/24DGYAL @SchiffGold