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Skracor247 commented Sep 3, 2019Hmm... I'm pretty sure recession is counted by six months of shrinking GDP... Still a ways to go I'm afraid.
PMI at 49.1%; August Manufacturing ISM Report On Business
- Skracor247 commented Sep 3, 2019
Good thing the US is a 'Service' based economy...
The US manufacturing sector contracted in August, its first decline in three years
- Skracor247 commented Sep 3, 2019
I'm interested if you want to explain a little more. Particularly the difference between the rallies. My thinking was gold should follow the rise in supply of dollars. But it didn't. Therefore those dollars had to go somewhere and the nearest I ...
China Vice Premier Liu He: China firmly opposes trade war
- Skracor247 commented Sep 3, 2019
I doubt that. The gold price is being pushed up because stock prices are too high. The extra cash from QE inflated the stock market and housing. Gold will be the rising star now. 2400 is where it should be...
China Vice Premier Liu He: China firmly opposes trade war
- Skracor247 commented Sep 3, 2019
Common negotiation tactic. It can be especially effective in public talks.
China Vice Premier Liu He: China firmly opposes trade war
- Skracor247 commented Sep 2, 2019
You didn't say I had to be realistic. lol
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
Heh. Sorry, I wasn't trying to confuse anyone. I want my currency left alone(get lost FED) and not manipulated by the uber-rich bankers. I want the rest of the currencies left alone too. I want fair trade practices(no subsidies, no tariffs, no ...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
You are right. And the FED doesn't disagree with Trump on inflation and QE, the only disagreement is on timing. Most people don't like to be pushed into things even if it is their job.
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
Also incorrect... but who is counting? I am anti-reviling.
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
Of course I do, that is why I said there would be no jobs...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
Trade deficits siphon the wealth of a country sending it to the countries with trade surpluses. The wealth of the US was made during the Great War and the Second World War. During that time there were record trade surpluses in which much of the ...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
We can't work cheaper, the cost of living is too high... It would help if the FED would allow some deflation then we could get affordable housing and transportation, but not the jobs to earn them. As it is you have to get a loan to purchase a used ...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
You are not far wrong. The Patriot act upset the balance of Powers. I'm still waiting for Congress to let it expire...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
So... You think the US is a democracy? Also, the President is allowed to negotiate trade. He can even come to a trade agreement. But, it can be overturned by the next president unless it is ratified into law by Congress. Just like the Iran deal that ...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 2, 2019
Making a whole lot of assumptions about me and what I think about the US President... Do you realize you put me in a category of people without actually knowing me?
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 1, 2019
Look when the US Money Supply was around 800B gold was around $800per oz. US Money Supply is now 3.2T. Based on simple logic of debased currencies. Gold should be at $2400per oz already. Instead, we have an inflated stock market and overpriced ...
In escalating trade war, US consumers may see higher prices
- Skracor247 commented Sep 1, 2019
Let's not be too silly about the current trade situation. I understand it is frustrating to see volatility like this that is caused by seemingly random tweets. We should though be able to look further than our frustrations and approach the current ...
Trump says trade talks still planned for September after China tariffs go into effect
- Skracor247 commented Sep 1, 2019
I got it figured like this. Uncertainty in trade in the Pacific region causes Pacific investors to flee to the safest currency in the region which happens to be JPY. When a trade agreement happens between the US and Japan, and then the US and China ...
Dollar Party but the Yen wasn't Invited
- Skracor247 commented Sep 1, 2019
It will follow at the beginning of this week.
Dollar Party but the Yen wasn't Invited