Skip to comments.Easy Fed Gives Gold Rocket Fuel
Posted on 06/20/2019 6:04:23 AM PDT by Migraine
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The FOMC statement said the committee would lower interest rates in the coming months if U.S. economic growth begins to slow down.
By then hundreds of billions of dollars of productivity will be lost.
Rates shouldn’t be as high as they are. The yield curve is flat and inverted.
Ignore this analyst.
I hope this is a genuine breakout for metals which have been mired horizontally for 5 years at least.
Why would anybody want higher costs for basic materials?
The private banks have this country just about where they want it.
The interest on the debt will soon outstrip all other in the budget.
i’m thinking this morning might be a good time to buy a couple tubes of liberties or buffaloes
The first part of every 'analyst' is 'anal'...............
‘”Ignore this analyst”. Yassah boss! He obviously doesn’t know jack.
Oh, I dunno... maybe someone who owns mining stocks, or has some physical laying around?
Yes, especially by doing it on ebay. There is often a lag in prices there where you catch the coins at yesterday's pricing.
The U.S. doesn't have an interest rate problem. We have a problem keeping our economy afloat because productivity* is in a steep decline as our population of retirees and unemployable people grows.
* I'm using the term "productivity" as a measure of average output per person, not per worker.
The offshoring of industry over the last 20 years is what is hurting the economy. It’s difficult to “invest”, upgrade and buy new equipment etc. and propel the US economy to new heights when all the factories are off shored somewhere else.
I understand what you mean....but my gold and silver stash coming out of hibernation does not give me a "warm and fuzzy" feeling. Easy Fed and International oil disruption is not what I has hoping for this morning.
The only way out of the debt is inflation, and that means gold has a chance to survive as an asset class.
I think people should have 1% to 2% of their net worth in physical gold.
Lock it up and don’t think about it, but there’s at least a plausible scenario over the next 20 years where the rest of what you own is doing very poorly but gold is suddenly very much desired.
I strongly disagree with you. U.S. interest rates are still near historic lows.
You are using history. I’m using the markets.
Easy money prospects are NOT why gold shot up. Rather, it’s the risk of recession because the federal reserve did NOT push interest rates up. Short-term rates are higher than long-term rates. Anyone who calls an inverted yield curve “easy money” is flipping insane.
Because you’re selfish and only care about your investments, and not the country in general.
Spoken like a true Socialist.
What deep insight...
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