Just had a client liquidate his entire IRA to put 100% of the proceeds into Bitcoin. What are the odd this turns out to be a wise move?
— Peter Schiff (@PeterSchiff) August 29, 2017
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- #janetYellen says a haircut on U.S. treasuries would be a disaster, but sees no problem on imposing an even larger haircut on U.S. dollars!
- How can the Fed's rase rates, when its stated criteria for doing so, participation and involuntary part-time employment, are getting worse?
- Trying to write a very concise explanation of what the Fed does when it engages in QE. Help appreciated
- Fed stuck between a rock and a hard place about upcoming meetings. Learn about it in this week’s Fed Up Friday: https://t.co/jdHrYJEEwK
- Any investment advice besides "buy gold bars"?
- Everyone is supporting Rand, right?
- When the next recession hits, the Fed will cancel plans for tightening, & it may even throw in a few bailouts. http://bit.ly/2iM0oFA
- #Bitcoin didn't soar to a record high due to safe haven buying. It rose due to speculators betting that others would buy it as a safe haven.
- Sept. Richmond Fed Manufacturing Index fell to -5, its lowest level since Jan. 2013. The average work week is now the lowest in 6 years!
- #Yellen says Fed is considering negative rates if they are "needed" to stimulate the economy. #Gold up $50 today. Not a coincidence.