It ain’t political…
It ain't political, it's structural: End the Fed, impose some external budget constraint. Until then, we uniparty right off the fiscal cliff. https://t.co/0VBEMsQdef
— Peter St Onge, Ph.D. (@profstonge) April 20, 2023
It ain't political, it's structural: End the Fed, impose some external budget constraint. Until then, we uniparty right off the fiscal cliff. https://t.co/0VBEMsQdef
— Peter St Onge, Ph.D. (@profstonge) April 20, 2023
BY TYLER DURDEN TUESDAY, AUG 15, 2023 – 08:30 AM | ZeroHedge At the start of August, Fitch Ratings downgraded the US government’s top credit rating. Last week, Moody’s cut the credit ratings of small and midsized US banks because of higher funding costs, potential regulatory capital weaknesses, and rising risks tied to commercial real…
Amid rising U.S.-China tensions and worsening COVID-19 crisis, precious metals have become attractive and more appealing to investors. Gold has skyrocketed to an all-time high nearing $2,000 per ounce while silver has jumped to the highest level of nearly $25 in seven years. The weakness in the U.S. dollar against major global currencies also raised…
This article was written exclusively for Investing.com Gold hits an all-time high Silver’s wild ride to the upside Palladium and rhodium in bull markets Platinum could be next Lately, precious metals have been all the rage. Early Monday morning, spot gold hit an all-time high, rising above $1,933; at time of writing, gold futures are closing in on that…
Courtesy of MarketWatch By William Watts A stronger U.S. dollar helped to push gold futures lower Wednesday, with the precious metal failing to find haven-related demand despite a global equity selloff sparked by a continued rise in COVID-19 cases in Europe and the U.S., analysts said. December gold GCZ20, -1.77% fell $26, or 1.4%, to $1,886.10 an ounce,…
Authored by Lawrence Thomas via GoldTelegraph.com, For almost a decade, global central banks have been avid gold buyers. Gold purchases by central banks in 2018 rose 36 percent over the previous year. Central banks are now holding 366 tons of the yellow metal. These gold purchases are the largest since 1971 when President Nixon ceased…
Commentary: You know when your country has implemented terrible monetary policy when your fellow citizens consider the U.S. Dollar a safe haven… Could this be a pre-cursor to the United States currency? The publication Central Banking reported on April 27 that Argentina was importing its bank notes from several countries. On May 22 The Guardian newspaper reported Argentina’s newest…