The fact that #gold has not already taken off shows just how little investors understand about what is happening. Stocks will keep falling until the Fed gives in, reverses its rate policy, and embraces QE4. The former is bullish for gold, the later is super bullish!
— Peter Schiff (@PeterSchiff) February 6, 2018
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- #Fed officials have no problem admitting growth is slowing abroad, yet deny U.S. growth is also slowing, even though its slowing faster!
- Nudging in an Evolving Marketplace: How Markets Improve Their Own Choice Architecture by Adam Christopher Smith, Todd J. Zywicki :: SSRN
- Steve Liesman on CNBC is now saying the Jan. rate hike is off because of the stock market sell off. Why couldn't he see this sell off coming last week? But calling off 1 rate hike wouldn't save the market. That will take QE4, which will crash the dollar instead.
- Personal spending growth slows as weak wage growth takes its toll. http://bit.ly/1hJwRXr
- Uncle Sam isn’t the only one running up credit card debts. Everyday Americans are also piling on the debt. Total household debt soared to a record $13 trillion dollars in 2017. http://bit.ly/2nWl8Kw
- Mario #Draghi, worried that European consumers will suffer if food and energy prices are too low, has promised action to push prices higher!
- US Mint Silver Shortage – An Inside Look (Audio) @SchiffGold http://t.co/EqQt3UZO7L