Independent thinking for complex markets and current events
Holding gold, silver, and/or cryptocurrency would allow the state of North Carolina to shield its assets and hedge against rapidly depreciating Federal Reserve notes. As Sound Money Defence League policy director JP Cortez noted while testifying in favor of a similar bill in Wyoming, “Proposals encouraging state gold holdings have come before the legislature since …
by confoundedinterest17 After yesterday’s surprise ADP jobs report, I was expecting a better June jobs report. But alas, today’s job report was a disappointment. Only 209k jobs were added in June. On the other hand, average hourly earnings YoY rose slightly to 4.4%. Too bad core inflation at the last reading was 5.3% YoY. Here is …
by confoundedinterest17 Its the 4th of July, American Independence Day from England, but under Biden and The Federal Reserve, Americans are DEPENDENT on debt and Federal spending. In other words, Americans are addicted to gov. First, Bankrate’s 30-year mortgage rate index is up 150% under Biden. You can see the rapid rise in mortgage rates started …
After a crash to the 200-day MA, is this the bottom, or could silver retest its March lows? Or are we going higher?🚨 pic.twitter.com/50Mnc40iQP — josemgarciaj (@josemgarciaj) June 26, 2023 Many do not think of the green economy when you mention silver, but in fact, silver has many uses in renewables- Industrial buyers were 51% …
via Schiff Gold: Given the current macroeconomic environment and the supply and demand dynamics, silver is significantly undervalued at $24 to $25 an ounce. The bullish case for silver in the mainstream typically revolves around price inflation. There are certainly reasons to think inflation is stickier than the powers that be want to admit and that the Federal …
Guest Post by Richard Mills from Aheadoftheherd.com: Earlier, we listed the various reasons why the US dollar is headed lower. But this doesn’t mean all safe-haven assets are in for a reality check. In fact, this might be an opportune time to invest in precious metals, in particular gold and silver, given the current state of …