The consequences for American security are not difficult to predict. Diverging economic growth will embolden an ever more assertive geopolitical player on the world stage...
...silver should be bought for wealth preservation purposes and not for speculation. Therefore it must be held in physical form outside a fragile banking system...
After inflating the biggest bubble in history, the Fed suddenly realizes that it lacks sufficient tools to "stop firms and households" from taking on “excessive leverage” and has called for a “rethink” on “financial stability” issues in the US.
"I understand the psychological crutch that people feel with something covering their mouth/nose. I am sorry, but that is a false sense of security..."
"The foundation for investing so much money in China is unstable... One must invest very carefully in China and be skeptical of all the numbers that are presented."
"By dramatically lifting the markets, the Fed may have caused some people to believe that it will always do so – that there’s a "Powell put" that can be counted on to keep things humming."
"This set-up of continued low real rates and a widening current account deficit in the US will act as a reflationary impulse for the rest of the world, especially EMs, setting the global economy on a path towards a synchronous recovery in 2021."
“I’m everything the fake news media tells you doesn’t exist: A strong, Trump-supporting, gun-owning, liberty-loving, pro-life, politically incorrect Black man.”