Washington doesn’t just support the retired population’s living expenses. It also pays for their healthcare, a large and growing cost. Today we’ll look at healthcare and the debt.
Charlie Munger was no fan of gold or silver, stating that he had no interest in it. I suspect this approach resulted in many institutional investors avoiding gold and silver.
The irrationality of the market is particularly notable in how it chooses to overlook in its pricing the only thing that could possibly get the Fed to cut rates even if inflation stops — a recession.
Presented by Lead-Lag Live, Peter Spina interviewed by Michael Gayed episode offers a comprehensive look at the current trends in gold investments and how they are shaping the future of the market.
If Milei’s reforms stick, within a decade, Argentina could become the most prosperous and free country in the world. Look at what Pinochet’s limited reforms did for Chile.
Since there is no comprehensive public record of all central bank trades in the gold market in recent decades, Rubino's conclusion that market manipulation by the official sector ended in 2008 is just speculation.
Drechsler discusses how the company is reducing risk through the prospect-generator model. Strategic Metals scientists find the best targets with its library of mineral data.
Spending is prone to increase in many ways when a recession hits, even as government revenue decreases. Thus, a new spending loop gets quickly wound into the knot.