A mere quarter percentage point rate increase by the Federal Reserve might seem small &gradual, but for millions of consumers with credit-card debt it will be stinging, according to WalletHub, a personal finance website
Jim Willie returns to Silver Doctors to tell us how to keep your precious metals safe (and a whole lot more)!
Just two of eight indexes on our world watch list have posted gains through Monday, March 19, 2018.
The conditions that precipitate rising rates directly correlate with the most highly prized features of gold as an investment.
The biggest post-Powell winner was gold...
The biggest post-Powell winner was gold...
"Examining all the metals action, we see signs of a REVERSAL indicated but not confirmed, therefore..."
It's terrible that pension plan participants were lied to about the Ponzi-scheme unsustainability of their retirement vehicles. It is not taxpayer responsibility to try to keep these Ponzi schemes afloat.
Central Banks are now trying to manage to deflate secondary bubbles, particularly that of stocks, without causing a crisis.
"China is preparing to hit back with levies aimed at industries and states where Trump’s supporters are found."
(Raises Target Rate To 1.75% While TR Rudebusch Calls For 6.62% — Only 447 Basis Points To Go!)
Here's an update on the post-FOMC Statement action in gold, silver and the U.S. Dollar...
"As the systems optimized for a bygone era start failing, due to the erosion of accountability and transparency as insiders mask their self-serving ineffectiveness, the organizational structure attempts to meet the challenges by doing more of what's failing."
The Federal Reserve on Wednesday lifted a key short-term U.S. interest rate and stuck to its prior forecast of three rate hikes in 2018, deciding for now to wait until next year to take a more aggressive approach.
Probably a case of ivory-tower theory getting mugged by reality.
Developed central banks the most hawkish with 3 hikes in 2018
“Are We Facing 1970s Stagflation in Spades”?
"Higher volatility tends to imply lower stock prices and wider credit spreads on high-yield debt."
David Morgan discusses whats wrong with the monetary system. How the Fed works and Fiat currency.
Hint: They're evil people who meddle in everything and cause myriad ruckus around the world, but talking finances, they're king of the hill, and it will matter...
Gold futures on Wednesday climb toward their highest levels in a week, ahead of a widely expected interest-rate hike by the Federal Reserve...