News
Gold and Silver Prices May Turn Higher as Long-Term Treasury Yields Stagnate
Posted by Micah Miller on
Clarida: If inflation expectations 'drift up persistently,' Fed would need to respond
Posted by Micah Miller on
ECB’s digital euro consultation says public worried over privacy
Posted by Micah Miller on
Powell Eye Central Bank Digital Currency (CBDC)
Posted by Micah Miller on
At the end of the line, central banks want one thing - and that thing is control.
A great new tool spurred by the advancement of blockchain technology and crypto currencies is this new idea of creating central bank digital currencies.
These digital currencies would result in the death of cash, and push all transactions into one ledger, allowing the government and the fed to track, trace and tax every transaction.
This is just another reason to exit the system and stack metal.
You can read the article from Business Insider here.
Powell Says Opening the Economy Too Soon Will Cause COVID Spike
Posted by Micah Miller on
In a recent interview with Washington Post and Jerome Powell, Federal Reserve Chairman, he says that reopening the economy too soon could cause a spike in COVID and cause more economic issues from more lockdowns. I personally believe that the Fed is just looking to create more currency and increase inflation to show "growth." The less people work and the more currency that is created, the more "growth" they will have, which then can be announced as a victory for the Fed chairman. If you are in precious metals, you know that the federal reserve is the one causing problems,...