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At 2pm today the Fed will release the FOMC minutes from the October meeting, which will signal that policy is on hold for now, barring a material reassessment in the outlook, per Chair Powell’s recent rhetoric
Stocks fell on Wednesday, pulling back from record highs as investors fretted about U.S.-China trade talks potentially stalling out.
U.S. central bankers have continued to explore the possibility of developing a digital currency that would be directly available to businesses a...
China's central bank digital currency may boost the internationalization of the yuan.
    Checking Back In on the Yield Curve
Nov 20, 2019 - 09:35:27 PST
It's been about a month since I last posted on the yield curve. Let's take a current snapshot.
Things seem a “lot more hectic” in recent months, and there have been more discussions with parties seeking to deal with debt problems...
All the status quo "fixes" only hasten the collapse of the status quo.
    Fear of “Reversal Rates” Sets in, Says the Fed
Nov 20, 2019 - 09:07:05 PST
The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
Gold & silvers' refusal to go much lower in price than where they are now show the fundamentals are coming back, and they're gold & silver bullish...
"Every bubble has a belief system, a unifying narrative. This time it's that the central bankers are all powerful..."
That total is $2 trillion more than all federal government spending during the recently completed 2019 fiscal year.
The New York Fed has now pumped out upwards of $3 trillion in a period of 63 days to unnamed trading houses on Wall Street to ease a liquidity crisis that has yet to be credibly explained.
    This Is Silver on Sale!
November 20, 2019
When the Federal Reserve started cutting interest rates last summer, the price of silver surged. The white metal rose 35% and peaked at close to $20 an ounce.
Silver has given back some of those gains in recent weeks, primarily due to optimism about a possible trade deal with China. But fundamentally, nothing in the economy has changed. The Fed is still engaging in extraordinarily loose monetary policy. We continue to see shaky economic data. And despite all the talk, the trade war drags on.
With the spot price down, for the time being, this is silver on sale. And right now, SchiffGold has a great opportunity for you to take advantage of this bargain.
China lowered its lending benchmark rate on Wednesday, as widely expected, to reduce company funding costs and shore up an economy hurt by slowing demand and U.S. trade tariffs.
SD Midweek Update: Throw in the buck stopping at two Epstein prison guards, and it may seem baffling, but it's putting a floor under gold & silver prices...
    Trump and Powell Actually Agree About Monetary Policy
Nov 20, 2019 - 06:29:34 PST
Although President Trump and Fed Powell have been at odds on Twitter and in official statements, the two share remarkably similar views about the economy and what needs to be done to improve it.
    Deutsche Bank to Replace 18,000 Workers with Robots
Nov 20, 2019 - 06:07:11 PST
Why stop at 18,000? Please consider my 8 step proposal to get rid of everybody.
    23 Million Reasons to Doubt This Bank Cleanup
Nov 20, 2019 - 06:04:39 PST
The anti-money-laundering agency just provided 23 million reasons why you’d be wrong.
On Nov. 18, Peter Schiff appeared on RT Boom Bust to talk stock markets, trade war and Federal Reserve policy. He said that right now the Fed is doing a good job stimulating the bubbles, but ultimately, it's going to end very poorly.
On the trade war front, there seems to be a lot of conflicting information and continual yo-yoing between pessimism and optimism. The Chinese seem less confident while White House economic advisor Larry Kudlow says a deal is close.
Peter said he thinks China is posturing for negotiations.
“Most people say they are planning for difficult economic circumstances.”