Two ounce Canadian silver “Kraken” coins via user u/Geltmascher on the Silverbugs sub-Reddit.
(more…)In Case Silver Gets Slammed Some More
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
In Case Gold Has Further To Fall
Adoration Of The Golden Calf. Picture from the 12th Century Hortus Deliciarum of Herrad of Landsberg. Via Wikimedia Commons.
(more…)Immediate Reaction
Well, one of the year’s eight Fed announcements just tumbled out, and although there is obviously no change in interest rates (those days are long gone, and will be very long to return) the projection as to WHEN interest rates MIGHT go up in the future (they won’t) is “news”:
Biden’s Alternate Universe
As Biden Speaks, remember the economy is run by the Fed and it is run by inflation
Of course, a career politician will be adept at framing the narrative just right, adding to it, tweaking it and layering on fancy words and concepts in order to veil the true and unbelievably simple fact that the inflation started under a very different presidential administration and continues to this day. The only difference is that the party that won the election gets to take a bow for the broad results that have little or nothing to do with them.
Biden goes on offensive against economic critics, argues rising wages show his agenda is working
Well, his agenda was to push rising employment costs into the economy with the inflation the Fed created out of thin air. So that is true. I am not against raising minimum wages under this vile inflationary system because low income people cannot keep up with the pace of the inflation the Fed has created. Under an inflationary regime, an inflationary (Keynesian) system, you can’t go with the old conservative method of letting each earn his or her way based on merit. At some point – due to inflation – the goalpost has been moved too far away.
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