No one is under the assumption that the Federal Reserve will raise interest rates anytime soon. Here’s the thing – if the central bank makes even one more mistake, Trump is going to devour them; expose them out in the open.
The cartel used the weak inflation numbers and the slow growth data to kill the gold rally, which took it to $1,342. But as I said when it was trading for $1,286, it did make a swift and definite comeback.
It would have been unthinkable just 30 years ago, but foreigners do not want U.S. dollars anymore. They have simply had enough, and it looks like they have no need of additional ones, either in the short- or long-term.
Overnight, an infestation descended on city streets. It was a swarm. What was once a benign child’s toy suddenly became a civic scourge.
Larry Fink, founder of Blackrock, the world’s largest asset manager with over $6 trillion in client funds, has just given Bloomberg an interview. In it he described the financial experiment that central banks and governments began 10 years ago as JUNK.
Watch these three companies closely – the short squeeze might be immediate.