Fed’s Extreme Measures Are a Very Bad Thing

Fed’s Extreme Measures Are a Very Bad Thing

The Federal Reserve and the US government are rerunning the exact same policies they turned to in the wake of the 2008 financial crisis, but on a much grander scale. We have bigger QE, more money printing, more government spending and bigger deficits. Case in point — the money supply grew at a record rate in April with no sign of slowing down.
May 29, 2020 0 Comments
Gold to Reach $3,000—50% Above Its Record, Bank of America Says

Gold to Reach $3,000—50% Above Its Record, Bank of America Says

The bank said in a report last week that gold ’s technical momentum could drive prices to an all-time high this year; in a new report published Tuesday, analysts have officially increased their bullish outlook, saying that gold prices could hit $3,000 within 18 months, a 50% increase from its previous forecast.

April 23, 2020 0 Comments
As IMF warns of 'crisis like no other', gold is working its way to new record highs

As IMF warns of 'crisis like no other', gold is working its way to new record highs

(Kitco News) The world is in for the worst financial crisis since the Great Depression of the 1930s as the global economy grapples with the "great lockdown," according to the latest from the International Monetary Fund (IMF).
April 14, 2020 0 Comments
Gold rises over 1.7% as U.S. Fed ramps up support measures

Gold rises over 1.7% as U.S. Fed ramps up support measures

March 24 (Reuters) - Gold prices rose on Tuesday, following a near 4% jump in the previous session after the U.S. Federal Reserve announced unprecedented measures to support an economy which is reeling from the coronavirus pandemic.
March 23, 2020 0 Comments

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