Saturday, August 24th, 2019 MST

Monthly Archives: December 2018

China: another reason to buy gold

China’s economy has been in decline most of this decade, and President Trump’s tariffs on China’s exports of goods to the US worsens China’s woes.  It’s stock market is down some 30% this year. China’s leaders are embracing standard Keynesian moves to ameliorate the situation, starting first with easier credit and expanded tax cuts.  Basically,

A Game of Chicken

With Wednesday’s increase in the fed funds rate to the 2.25% – 2.5% level, Jay Powell, Fed chairman, challenged President Trump to a game of chicken.  Already Powell looks weak. In his press conference after announcing the rate increase, Powell backed off three rate increases forecast for 2019 to two and included in his statement

Precious Metals Data, Currency Data, Charts, and Widgets Powered by nFusion Solutions