$20T debt mark reached in September 2017 and another $1 trillion added in just 6 months. US national debt now exceeds $21.05 trillion and is accelerating higher which will propel gold higher (see chart)
"We have got to make sure the market selloff is not too prolonged because the longer this goes the higher the chance it will start to affect the man on street" - London & Capital.
In a supercharged media environment in which Facebook, Twitter, and WhatsApp have become the primary means by which literally billions of people consume news, mass producing propaganda has never been easier...
"We are really asking has the world changed. And the speculation about that causes so much emotion that it’s hard to even have the discussion, especially in a world where even the most adamantly felt conviction trades have life cycles subject to alteration based on a couple days of price action."
"There are more than 25 million fans who engage with Playboy via our various Facebook pages, and we do not want to be complicit in exposing them to the reported practices..."
"The title refers to a consensus-shattering paper that was unveiled at the University of Chicago last month... that more or less shredded former Fed chief Ben Bernanke’s favorite defense of his quantitative easing (QE) programs - that QE lowered Treasury yields."
The headlines are all about yesterday’s “extraordinary” bear-rally in stocks, buoyed by expectations the US/China trade discussions will de-escalate trade war tensions. I’m unconvinced by the narrative: the volume was tiny and a look at the charts suggests global stocks have still got problems ahead.
