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Harvard Trained Economist: If Gold Hits This Price Then RUN AWAY Because Gold Will Crash To $700May 23, 2018
Harry Dent has a new price level that spells doom for gold if the level doesn't hold, and the price isn't much lower than where gold is now...
Fed actions can yield results "entirely contrary to the nature of a free market...and that should be the real takeaway."
"The NASDAQ implosion in 2000 and the Great Recession of 2008 are the last two occasions when the yield curve inverted and caused investors to lose most of their retirement nest egg. But that doesn't mean you have to be a victim yet again."
The Federal Reserve on Wednesday released the minutes for its meeting earlier this month.
US fiscal outlook ‘not good’ as ballooning debt threatens economy – Goldman SachsMay 23, 2018 - 11:05:24 PDT
Goldman Sachs has warned that the growing US deficit could pose a significant threat to the country's economic security during the next recession, saying fiscal outlook is 'not good.'
Fed officials said the economic outlook warranted another interest-rate hike “soon” & signaled they would welcome a modest overshoot of their 2 percent inflation target, indicating they’re in no rush to tighten more aggressively.
Late European hours gold came roaring back with an out-sized up move to take out $1296 to reach its high of $1297.90, but resistance in front of $1300 held.
Jesse Felder & Eric Cinnamond discuss ‘the rapidly increasing inflationary environment’ & how it is currently affecting Corporate America, investors, the economy & monetary policy.
"The next panic will be unstoppable without extreme measures — including IMF money printing, and lockdowns of banks and money market funds."
Having tested $8,000 last week, and bounced, Bitcoin has broken back below it - to six-week lows - as the entire crypto-space is under pressure following China crackdown headlines and news that India is considering a major crypto tax.
Gold prices rose on Wednesday amid a steady dollar & uncertainty over the outcome of U.S.-China trade talks, while investors waited for minutes from the Fed's meeting for clues on the outlook for U.S. interest rates.
"The massive expansion of assets purchased by central banks will eventually be slowed or even unwound, removing the rocket fuel that's pushed stocks and bonds to the moon."
Multiple signs of inflation in freight-related industries are at or near historical highs, in what could be an early sign that price pressures are building and ready to reverberate around the economy.
Is the rebound over?
Whether it’s the specter of sanctions on Iran, Venezuela’s output plunge, or a momentum play on the back of the past year’s 46 percent surge in Brent, there are now the equivalent of about 93 million barrels wagering on the global benchmark hitting $100 at some point in the next 12 months.
Michael Oliver Gives His Latest Insights into gold and other Markets from His Momentum Structural Analysis
Inflation Fears Heat Up
One reason inflation is potentially relevant is that it is typically rising and/or at a relatively high level going into a recession, and therefore relates to thinking about the business cycle.
With the summer travel season fast approaching, gas prices are on the rise but some people are getting sticker shock in Manhattan.
the dollar will weaken after this countertrend rally is over