World gold production dropped by 5.4% in 2020 according to preliminary estimates released by GlobalData last week. Global data projects gold production came in at 108 million ounces last year. The sharp decline was largely due to mine closures during the coronavirus pandemic. But it also fits into a broader trend of declining mine output […]
The post Blog first appeared on SchiffGold.
The Joe Biden administration got underway last week. The newly inaugurated issued a flurry of executive orders, many of them relating to the economy. In his podcast, Peter Schiff talked about the potential impact of these EOs. He said it looks like Americans voted for Joe Biden, but they ended up with Bernie Sanders. Gold […]
The post Blog first appeared on SchiffGold.
The inflation price is most likely mosting likely to grow faster than the Federal Reserve's target of 2% this year, as well as there are already indicators from possession prices and commodity costs climbing, stated Steve Hanke, teacher of employed business economics at Johns Hopkins University.
0:00 – Cash supply is still raising
6:10 – Greater GDP and rising cost of living expectations
9:40 – Monetary plan feedback
15:00 – Inflation protection
17:00 – Petroleum
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In a discussion with Jay Martin, CEO of Cambridge House International, previous Prime Minister of Canada Stephen Harper revealed worry for a sovereign financial debt dilemma.
" This could be the generational change in our economic system that no one alive has actually experienced before," Martin informed Kitco Information." [Harper] agrees that no federal government knows what's mosting likely to occur following, so all bets are off, and also as a result, it deserves considering any kind of opportunity."
0:00 – View in the source sector
7:06 – Retail investors vs professional investors
11:38 – Stephen Harper's expectation on economic climate
14:45 – Market expectation in 2021
17:50 – Future for Cambridge Residence
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Former Utah Congressman Jason Chaffetz shares his ideas on the Biden administration halting the Keystone XL pipeline. #FoxBusiness #Dobbs
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