Markets blessed Fed’s decision to begin tapering. Jerome Powell says economy is healthy, but requires monetary policy of an economy in crisis. Full employment is
Nasdaq and S&P finish the week strong. Robinhood closes the week near its all time low. Newmont leads gold mining stocks lower. Gold mines don’t
New Covid-19 relief stimulus bill passes Congress. 200 years worth of debt added in one year of 2020. Trump outdoes Obama’s deficit in only one
Dollar melts down toward new lows. Tesla added to S&P, making the index even more overvalued. Exporting is a means to pay for importing.
Fed leaves interest rates unchanged. More stimulus checks and PPP on the way. State governments owe business owners compensation. Big move in silver and bigger
Doordash and Airbnb go public with successful IPO, despite never making a profit.
Stock indexes and gold mining stocks hit 52-week highs. Fed can’t stop the dollar from falling or gold from rising. Bitcoin isn’t gold 2.0, it’s
2021 may be the weakest year yet for the dollar. Investors whistle past the mother of all graveyards as inflation mounts. Grayscale printing money and
Best November for the Dow since the roaring 20s. While stocks saw a boom, gold saw a bust. Negative backdrop may have firmed gold’s bottom.
Grayscale Trust leads Bitcoin into a Thanksgiving Day Massacre. Sharp declines in gold on Black Friday. Inflation will not save debtors who want to retire.
