"It’s going to be a sovereign debt crisis. And it’s going to bring this whole bubble-economy to its knees." https://t.co/mIiirZgsM4
— Peter Schiff (@PeterSchiff) June 16, 2016
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- 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
- Earlier this week, the New York Fed released the latest data on US household debt, revealing it has grown to a record $13 trillion. Americans have been spending, but they’ve been putting a lot of it on plastic. http://bit.ly/2EGkudw
- 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
- #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!
- 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.
- 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