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Stop. worrying…got gold?

Posted by Richard640 @ 11:48 on July 31, 2019  

Chicago PMI 2019 Collapse Is The Worst In Over 30 Years

Despite some rebounds in regional Fed surveys, Chicago PMI has fallen for five of the seven months so far in 2019, collapsing in July to 44.4 – the second weakest since the financial crisis.

Treasury Announces Record Coupon Auctions In Latest Refunding

the Treasury issued its quarterly refunding statement in which it revealed that it will keep its auctions of nominal coupon and floating-rate debt at a record this quarter as the US budget deficit continues to grow.

Chicago PMI 2019 Collapse Is The Worst In Over 30 Years

Despite some rebounds in regional Fed surveys, Chicago PMI has fallen for five of the seven months so far in 2019, collapsing in July to 44.4 – the second weakest since the financial crisis.

The Fed’s Massive Debt-For-Equity Swap

This gross distortion and many others throughout the market offer clues and compelling evidence of a “cause.” Collectively, they point to a monetary policy that is manipulating the price of money and fostering irrational behaviors.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.