So, recent tariffs to be postponed to allow FED time to rethink lowering rates so that economy will "look" better (more loan money for equity investments = higher stock market).
Lower rates can only spell more trouble. Consumer debt is already higher than during 2008 crisis.
While lower rates ease current sovereign debt interest, they promote increased borrowing that will result in a higher national debt that will eventually face higher interest rates/payments down the road.
The FED should be raising rates.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
A function of the US dollar in any meaningful way
A measure of inflation
A good hedge against inflation, except extreme inflation and hyperinflation where any storable asset is a hedge.
So What Is It?
In addition to being money for thousands of years, the price of gold is primarily a measure of faith in central banks.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
"This has been the game for 10 years and hence any market drops that would add pressure to confidence must be averted. You really think it’s an accident we see intervention always at the point of serious trouble?"
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Sure looks like a lot of money was made over that past decade for those slept while wearing rose colored glasses. Even the squiggly line is rose colored. Haha
Comments
anyone care to guess what gold will close out at today?
I can't predict tweets!
So, recent tariffs to be postponed to allow FED time to rethink lowering rates so that economy will "look" better (more loan money for equity investments = higher stock market).
Lower rates can only spell more trouble. Consumer debt is already higher than during 2008 crisis.
While lower rates ease current sovereign debt interest, they promote increased borrowing that will result in a higher national debt that will eventually face higher interest rates/payments down the road.
The FED should be raising rates.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Novel idea. Never heard that before. LOL
Knowledge is the enemy of fear
What gold is not and what gold is
Three Things Gold Isn't
A function of the US dollar in any meaningful way
A measure of inflation
A good hedge against inflation, except extreme inflation and hyperinflation where any storable asset is a hedge.
So What Is It?
In addition to being money for thousands of years, the price of gold is primarily a measure of faith in central banks.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Funny how the stated attributes of gold change with its relative value to other assets.
Knowledge is the enemy of fear
they only change to those known to flip flop. The rest of us know what gold has always been.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
confidence must be maintained under all circumstances.
"This has been the game for 10 years and hence any market drops that would add pressure to confidence must be averted. You really think it’s an accident we see intervention always at the point of serious trouble?"
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Being wrong all the time does indeed allow oneself to be intimate with lack of confidence
Knowledge is the enemy of fear
hang in there, you'll get better at it. . . hopefully.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Sure looks like a lot of money was made over that past decade for those slept while wearing rose colored glasses. Even the squiggly line is rose colored. Haha
Knowledge is the enemy of fear