As a consequence, rate hikes won't tame inflation. The Fed will have no choice but to continue enabling the government's spending spree by creating new currency and buying Treasuries..
The price of a specific item or asset at any given time is a reflection of all those varying opinions. The current price of gold at $1750 oz. reflects a specific loss of 98.8 percent in US dollar purchasing power.
Bear-market rallies are always built on delusions. A breath of hope returns to the dying bulls, and all the testosterone and adrenaline rushes to their veins.
The Biden administration is bent on flooding the economy with more deficit-financed stimulus. This week President Biden announced a massive debt forgiveness..
With global investors growing frustrated over the unnatural capping of the gold and silver prices, the London wholesaler provides further evidence of the COMEX’s broken pricing mechanism.
Just a few days after signing Green New Deal legislation, President Biden has moved to completely undo its core promise by pumping hundreds of billions of dollars into another new bailout package.
