Buy Gold for What It Does; Not for Its Price http://bit.ly/1Uh9cZs @SchiffGold
— Peter Schiff (@PeterSchiff) June 1, 2016
Hot And Trending...
Trending
- #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
- Gold’s $12 dollar selloff is now a $13 dollar rally. Maybe traders are finally figuring out that inflation is good for gold. Wait until they figure out that no matter how hot inflation gets, the Fed is powerless to put out the fire! http://bit.ly/2Cp3EKY
- @4LPH4THOR Yes, its just early. The recent 10% drop was not a correction but the beginning of a bear market.
- When Obama was running these big deficits, the Fed was monetizing them with trillion dollars a year of QE's. Now, they’re not doing any. So, that means we’re going to have a massive increase in interest rates. That means stocks collapse. http://bit.ly/2BTx6Mr
- 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