Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to discuss some of the latest data coming out, revealing the health of the US economy. They…
I know that many of you like to be contrarian and walk on the wild side. Please be careful with shorts. This market is different. Even 100bps can cost you your whole year or worse. The moves are sudden, fierce and illogical.
"... Potential demand additions could push silver into a sustained deficit. The last time this happened between 2006 and 2011, the precious metal rallied to $50/oz, a price level we would see within reach this time around as well."
With Treasury yields plumbing all time lows, it is only reasonable that the US Treasury will flood the market with as much new debt as it can handle... and then some.
"Well, I may do it myself," President Trump said. "I have the right to suspend it, and I may do it myself - I have the absolute right to suspend the payroll."
"Back in the real world I am becoming increasingly worried about the R word. Recovery. I sense the economic damage is escalating rather than easing... something's awry..."