According to one economist touted in headlines: In the face of instability, it's nice to know of the U.S. “world’s best economic recovery” with a landing “so soft” there's no need of ever landing at all!
Haggith questions the accuracy of the reported GDP growth, stating the inflation-adjusted figures are distorted, leading to a misleading perception of economic strength.
No one can say for sure how deeply gold will correct before it turns to embark on a spectacular run-up, but I wouldn’t be surprised to see it take out October’s lows near $1600.
Bob draws parallels between great historical bubbles and today's financial markets.
What perplexes us is placing a proper valuation on Bitcoin versus its price. We know ad nauseum that Gold today is priced at basically one-half its dollar debasement.
Instigators of chaos are creating huge risks within the US.
Hemingway's novel The Sun Also Rises has a line that’s now a familiar quote: “How did you go bankrupt? Two ways: Gradually and then suddenly.” Thus goes the United States.
Moriarty says it's important to prepare for the worst based on geopolitical instability. He recommends listeners keep cash and food on hand, and keep your car fueled.
Chinese gold-backed exchange-traded products added 10 tons to their holdings. And the People’s Bank of China increased its gold reserves by a whopping 225 tons.
We’re talking in today’s report about fake real GDP that did not have enough inflation taken out of it to show what really happened in US production last quarter.