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Posted May 14th, at 9: Meeting with Donald Trump would be pointless because the deep state — not the president — controls the US, Bashar Assad said in an interview. He noted that the agenda of the deep state is to create conflict aimed against Russia.
Asked directly if he was concerned about the possibility of a third world war, Assad replied: Because fortunately, you have a wise leadership in Russia, and they know that the agenda of the deep state in the United States is to create a conflict.
And it leaves the country with lower volumes of oil to sell to other trading partners. As China keeps growing, its demand for crude does too. Posted May 12th, at As I wrote last week, the leverage in gold and silver is on the short side. Once credit begins to dry up, the caps will lift. Only God knows what the true clearing prices of gold and silver are! It constantly runs ads on Denver radio. It will give you a mortgage based on bank account statements.
The big Wall Street banks appear to have retreated from risky mortgage lending. The average credit score of Exeter underwritten paper is Posted May 11th, at Chief Executive Robert Thomson expressed concern about the opaque role of algorithms, the secret, behind-the-scenes calculations that determine what information consumers see. He called for the creation of an Algorithm Review Board to monitor for abuse. Perhaps the information below is worthy of your read and also worthy of some of your best contacts.
These rules are striking. They relate to restrictions on gold and silver export, pricing and many other items that throw back to reigning in non monetary gold. Posted May 10th, at 9: Because we have received a dozen or more questions on the same topic, I thought it might be a good idea to discuss.
The questions we received were panicky in nature from holders of silver. I had not listened to the interview when the questions mostly all the same came rolling in. As a side note, rarely do I watch interviews or read opinion pieces from other authors. Not because I think I know it all, but because of the way I am wired.
Explaining this, I am voracious for data and facts that I can use with past data and facts to form my own opinion s. While I am always open to other opinions or why my own may be wrong, it is important to me to be original and authentic in thought rather than repeat what others believe. He did not pan or badmouth silver. All he said was he believes the ratio between silver and gold will probably remain during an economic depression and that he prefers gold.
He talked about precious metals going ballistic, that physical metal is the way to own it and paper holders he was not talking about mining equities will discover they own nothing. All good stuff and he very well may be correct but claiming the ratio will hold is not telling you silver will underperform gold from current levels so please relax. Yes it is still stacked but much of the demand comes from industrial, military, technological, medical and solar uses.
And yes there is scrap recovery but much silver is basically lost forever once used. This is simple, it is ALL about the dollar and the ability of the US Treasury to borrow literally unlimited amounts of capital. It is all about control and the ability to pay for and continue control. Gold and silver are direct enemies of fiat dollars or fiat anything. They have been suppressed in price in an effort to support the value of paper currencies.
If this ratio does occur, silver will outperform gold by eight times. I have even actively swapped gold into silver and continue to recommend this. If Michael Pento is correct and the ratio holds, owners of silver will have equal performance with owners of gold. If I am correct and the ratio does shrink, then silver will outperform. This is why I have personally stacked almost exclusively silver for the past several years.
In fact, I use silver stored in a non bank vault as my personal bank account. In my opinion it is usually wise to look at downside versus upside and in this case it strongly favors silver! Posted May 9th, at The great unwind creates higher rates back to normalization , which in turn, creates unprecedented interest funding costs, which in turn, creates more debt leading to still higher rates.
But more to the point, no one is in sync: The Fed is unwinding while the government is increasing spending. Jamie Dimon is worried. Between rising inflation and tax-cut-driven growth printing better-than-expected, the JPMorgan CEO told Bloomberg TV this morning that The Fed may raise interest rates more than many anticipate, and it would be wise to prepare for benchmark yields to climb to 4 percent.
You can easily deal with 4 percent bonds and I think people should be prepared for that. In November , the Roosevelt Institute hosted an event in Washington taking a hard look at a strange phenomenon in U. The guests of honor were stressed-out homeowners who showed up to detail their financial nightmares for a handful of journalists.
Sitting in the back and nodding along calmly was Eric Schneiderman, a promising young politician who had just been elected attorney general of New York. Afterward, he made the rounds shaking hands. This was an important issue, he told the reporters. Something had to be done. It would soon become clear that his masterly performance was a total con.
There is perhaps no reputation in American politics over the past generation more undeserved than the acclaim that has surrounded Schneiderman as a principled, tough-on-white-collar-crime Democrat. Recommended Sites Bloomberg Investopedia.