As mortgage applications experience a sharp drop, things look bleak for the housing industry: http://bit.ly/2geM3u6
— Peter Schiff (@PeterSchiff) December 8, 2016
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- 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
- 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
- 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.
- A healthy monsoon season is showing an uptick in Indian farmers returning to the gold market to buy: https://t.co/KSA87hfWvw
- 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