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2021 Would Be A Great Time To Audit The Fed
BySirhc11/24/2020 Nick Hankoff Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice. Progressives must not fall for this but instead team up with the populist right to audit the Fed and demand transparency. Let the healing begin! If it is…
DoubleLine’s Jeffrey Gundlach puts chance of recession at up to 65%
BySirhcCourtesy of Yahoo Finance by Julia La Roche Reporter Prominent bond investor Jeffrey Gundlach, the CEO of $130 billion DoubleLine Capital, sees the increasing likelihood of a recession within the next six to twelve months. A couple of years ago, Gundlach began highlighting key recession indicators on his webcasts, to see if there was potentially…
Gold Price Surges Over $2,000/oz For The First Time In History
BySirhcGold Breaks $2,000/oz and Surges to $2,042/oz – New All Time Record Nominal Highs ◆ Gold surged past the important $2,000/oz level to a new record high today due to concerns about the outlook for stocks, bonds and other assets in an increasingly vulnerable U.S. and global economy. ◆ Gold has surged to new record…
Deutsche Bank’s Top Credit Strategist Makes Stunning Admission: “I Am A Gold Bug; Fiat Money Is A Passing Fad In The History Of Money”
BySirhcAs covered here repeatedly over the past 24 hours, gold and silver (and oil) had a great day yesterday, with the rally continuing on Wednesday, sending silver nearly 100% higher than its March lows. Read More
PRECIOUS-Gold under pressure as U.S. yields, dollar firm
BySirhc* European Central Bank policy meeting due on Thursday * More platinum deficits loom after record 2020 undersupply – WPIC * Platinum prices likely to reach $1,300/oz over 12 months – UBS (Updates prices) By Shreyansi Singh March 10 (Reuters) – Gold eased on Wednesday after registering its biggest jump in two months in the…
Gold’s ‘Stunning’ Surge Evaporates Shorts With Fed Full-Throttle
BySirhc(Bloomberg) — Traders are abandoning bearish bets on gold as the yellow metal surges to all-time highs. Short interest as a percentage of shares outstanding on the $75 billion SPDR Gold Shares exchange-traded fund, ticker GLD, is near the lowest level since July 2009, according to data from IHS Markit Ltd. Meanwhile, bullish call option…