Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Modern currencies such as Bitcoin expect to find success in a more technological world, but a new currency known as Goldbacks might corner the post-apocalyptic currency market.
Why 42 States Have Removed Taxes from the Purchase of Gold and Silver | Jp CortezFeb 7, 2022 - 12:47:06 PST
Several remaining states are seeking to remove taxes on gold and silver. Here's why that's a good thing.
Still, the arguments for invasion are well reasoned, and it’s still a legitimate possibility. You might want to stock up on gold yourself just in case.
Tech stocks have gotten off to a poor start this year, as investors continued their buying strike against growth stocks.
It’s painful. Hundreds of millions of Americans are affected by the actions of such a small group of individuals who unapologetically lack care for those outside their immediate circle. If Powell is right about one thing, it’s that inflationism, as a monetary policy, forces people to make difficult decisions due to no fault of their own. Maybe some people are really just prone to suffer (at the hands of central bankers), after all?
We live in the age of rampant (monetary and price) inflation, more frequent economic crises, chronic deficit spending, unpayable debt, and massive financial bubbles. That's not accidental. That's consequential.
The current Fed Chair is perhaps best known for his quick pivots from hawkish back to dovish and vice versa. Maybe he is just too dependent on the prevailing winds of the current economic data. Or, perhaps more accurately, he is most swayed by the performance of the stock market. In either case, Jerome Powell received more reasons to become hawkish just one day following his already hawkish FOMC press conference.
For the past few decades, central banks have been at the vanguard of a successful campaign to ward off recessions, even in the aftermath of major crises. But their huge role in propping up markets has had dangerous unintended consequences, that can no longer be ignored.
Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC's 'Squawk Box' to discuss the Federal Reserve's interest rate policy, inflation and more.
Seven Hikes? Fast-Rising Wages Could Cause the Fed To Raise Interest Rates Even Higher This YearFeb 7, 2022 - 11:25:58 PST
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace.
Feb 7, 2022 - 11:10:03 PST
Having exposure to defensive assets like gold, bitcoin, copper and energy producers, "give you upside in an inflationary type of environment," she concludes.
Disinflation, and ultimately deflation, is a more significant threat than inflation over the next two years.
The Fed’s long-awaited report on central bank digital currencies is finally out. Although the report makes it clear that the Fed has no immediate plans to issue a digital currency, it does point to the approach the Fed would be inclined to take were it to do so.
"When will the Federal Reserve begin to unwind its balance sheet this time? If the meeting minutes indicate the trajectory of policy, reductions will begin within the next two years."
America's national debt exceeded $10 trillion for the first time ever in October 2008.
If Your Not Scared Here... Lagarde Let Europe’s Genie Out Of The ‘Unintended-Consequence’ BottleFeb 7, 2022 - 08:24:49 PST
As we detailed earlier, while most headlines are focused on stock market losses recently, a much more dangerous tidal wave of risk-awareness is spreading to peripheral European sovereign spreads (which are always far more susceptible to panic, and then pain).
When the state / empire loses the ability to recognize and solve core problems of security and fairness, it will be replaced by another arrangement that is more adaptable and adept at solving problems.
Let's compare a real world measure to what the BLS says.
The BLS made huge revisions in the number of monthly job dating all the way back to 2017.
Can the US Government Afford Higher Interest Rates? You Bet. $67 Trillion “Fixed Income” Assets Will Generate Higher Incomes & Tax Revenues, Boost Secondary Effects