STEEMIT Gold / Silver Report: The Fed... CME Group Head Economist. Bad News For Gold? - VIDEO / 5 Mins.
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Reminder that the Government of Canadastan sold off all reserves of our gold not long ago, in early March of 2016.
Our money, like most, is literally backed by NOTHING and that is addressed in part in the COMER.org lawsuit against the government, to return the monetary policy to the hands of the PEOPLE.
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Resource Today:
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Precious Metals are being backed as Blockchain assets every week, we can have it all.
Moving into the new economy, we will build this together friends.
Let's chase Liberty and rid ourselves of the Banksters messing with everyone on the planet.
Reminder that the Government of Canadastan sold off all reserves of our gold not long ago, in early March of 2016.
Our money, like most, is literally backed by NOTHING and that is addressed in part in the COMER.org lawsuit against the government, to return the monetary policy to the hands of the PEOPLE.
#COMER is the Canadian version of END THE FED in the USSA.
Resource Today:
--
From Kitco:
Due to a strong labor market and an expanding economy, markets should expect the Fed to err on the side of hawkishness, said CME Group’s Executive Director and Senior Economist, Erik Norland.
“This is the Fed that’s obviously going to raise rates on Wednesday, I think there’s really no question about that, but I think they’ll be preparing the markets for several more increases this year, which are more or less priced in the Fed Funds futures,” Norland told Kitco News.
Norland noted that while he expects interest rates to hike, he doesn’t think the yield curve will flatten until some time by 2019, by which time a recession could be imminent 12 to 18 months afterward. A flat or inverted yield curve has historically been an accurate predictor of impending recessions.
On gold, Norland said that tightening monetary policy that is fully priced in could spell trouble for the yellow metal.
“Normally, when the market goes from not pricing in rate hikes to suddenly pricing rate hikes, that’s very bad news for gold,” he said.
Courtesy of @codeschool for this great graph/image!
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
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Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...For more breaking news, visit
Thanks for reading, have a nice day.
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This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
From Kitco:
Due to a strong labor market and an expanding economy, markets should expect the Fed to err on the side of hawkishness, said CME Group’s Executive Director and Senior Economist, Erik Norland.
“This is the Fed that’s obviously going to raise rates on Wednesday, I think there’s really no question about that, but I think they’ll be preparing the markets for several more increases this year, which are more or less priced in the Fed Funds futures,” Norland told Kitco News.
Norland noted that while he expects interest rates to hike, he doesn’t think the yield curve will flatten until some time by 2019, by which time a recession could be imminent 12 to 18 months afterward. A flat or inverted yield curve has historically been an accurate predictor of impending recessions.
On gold, Norland said that tightening monetary policy that is fully priced in could spell trouble for the yellow metal.
“Normally, when the market goes from not pricing in rate hikes to suddenly pricing rate hikes, that’s very bad news for gold,” he said.
Courtesy of @codeschool for this great graph/image!
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?r...
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490...
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...For more breaking news, visit
Thanks for reading, have a nice day.
HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!
(:
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Buy / Trade Crypto if you do not have an account set up to do so with Canada's largest exchange: This is my personal referral link. https://www.quadrigacx.com/?ref=3f43t58ghbs1hldzi9xystdb
Sign up to Binance Exchange with my link here: https://www.binance.com/?ref=11512223
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Pay no attention to the bot in the replies who badgers me with prejudice every post I make now but will not discuss the matters with me.
The 1% sad mindset on this platform continues with a handful of people who think they are above everything else and everyone else.
Report the bot bullying if you wish to a decent witness like @ timcliff.
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