Physically, the US Treasury owns the gold. But the Fed also has a claim on it. Yet the US military controls it. http://bit.ly/2iutgRZ
— Peter Schiff (@PeterSchiff) August 24, 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?
- With a trade war on the horizon, China, Japan, and others could even go a step further and start dumping US debt on the market. That means bond prices will tank even faster and yields will increase. That's bad news! http://bit.ly/2Hepdkk
- Question: If the Fed is about to raise interest rates how will they prevent the stock market from crashing? Answer: By not raising rates!
- 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
- The government wants to check my cat
- Included in the box of my father's effects that the Federal Prison System sent me were over a hundred letters belonging to another inmate!
- Any investment advice besides "buy gold bars"?
- 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.