Price Stability, Economic Instability: The Fed’s Contradiction - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
The Fed targets 2% inflation while running 5.51% producer price growth and a 45-basis-point inverted term premium that only just normalized. Price stability achieved; economic coherence optional.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
The World’s Biggest Wealth Fund Has $215 Billion In US Treasurys. It Wants To Cut Back. - International Business Times
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