Inflation forces bond yields higher as the bond markets adjust to compensate for the fact that future interest payments will be worth less in real terms.
"Silver price" is also battling "Ethereum price". Here's the most recent data in round two of our Bitcoin Vs Gold posts. The winner may not be so obvious...
North Korea said U.S. B-1B bombers flew over the Korean Peninsula on Thursday and carried out bombing drills simulating attacks on major targets in the country, the North's official KCNA news agency said on Friday.
Indians are buying silver and this could have a major impact on the world market for the white metal.The Silver Institute covers this story, and highlights several other technological innovations involving silver, in its latest issue of Silver News. It also features an interview with ICE Benchmark Administration COO Matthew Glenville. His company recently began administering the silver benchmark and operating the auction underlying the London Bullion Market Association Silver Price.
When the Fed launched its aggressive monetary policy in the wake of the 2008 financial crisis, many free-market economists predicted it would result in massive price inflation. That never materialized. As a result, Keynesian economists like Paul Krugman love to finger-point and mock those who criticize easy money policies designed to "stimulate aggregate demand." They claim the lack of price inflation proves they were right all along. You can massively increase the money supply during a downturn to stimulate the economy without sparking inflation. Free-market people are wrong.But just because we don't see price inflation doesn't mean there isn't any inflation at all. After all, the new money has to go someplace. If we don't see it manifested in rising prices, it's because we're looking in the wrong place.
Bitcoins, as well as Dollars and all other currencies today, are not money.
The Fed is heading towards big changes! We break down the direction the Fed will take on rate hikes and more with expert Danielle DiMartino Booth!
President Trump is fully expected to announce that Fed governor Jerome "Jay" Powell is Janet Yellen's replacement as the next bank-friendly Fed chair.
What’s the evidence that economic freedom is beneficial for society? Prof. Antony Davies shows charts of the free market’s effects on unemployment, inequality, poverty, and even child labor.
House Republican leaders began rolling out a tax bill Thursday that contains sweeping changes for business and individual tax rates, including a measure to cut the corporate tax rate to 20 percent.
The bill contains several specifics that we believe will prove sticking points, which increase the difficulty of finding the votes to support the plan in both the House and the Senate."
Eric says "As investors, we need to know stuff...I need to know where we will be in three years, TODAY!"...
Steve St Angelo takes a deep dive into the energy required to produce Bitcoin and to produce gold. Here's what he found...
Someone isn't persuaded US economy can "handle the truth" of higher rates
GERMANY has become the world’s biggest buyer of gold amid fears of economic meltdown across the eurozone.
Italy’s central bank knew Banca Monte dei Paschi di Siena SpA papered over a loss of almost half a billion dollars two years before prosecutors were alerted to the complex transactions, documents revealed in a Milan court show.
President says new denomination will stabilize monetary supply. Maduro announces 30% minimum wage hike ahead of elections
House Republicans hold a news briefing to discuss their tax reform proposal.
House Republicans are unveiling key details & the text behind their tax legislation Thursday, but not without some reservations from rank-and-file members.
Gold and Bond prices are higher...