Even with today's bad
economic data even with the downward
revision by the Atlanta Fed the US Dollar
was up slightly today. Gold was flat, it didn't really go anywhere. Nobody really perceives what's going to
happen.
Mar 15, 2018
Retail Sales: Down 3 Months In A Row
Instead of getting a rebound we got another drop, we got another point one percent decline in February. That's a trifecta, that's three months in a row of falling retail sales. That hasn't happened in six years, I mean this is pretty rare. If you're like me and you've been very skeptical of the economy being good this is a validation because Americans are broke!
Mar 13, 2018
Bitcoin Is Nothing Like Gold
Bitcoin is
nothing like gold despite the fact that
you have all this terminology that
was deliberately used to make
it sound like gold. You mine
Bitcoin, right? No, there's no mines, there's no pitchforks
there's nobody out there, there's no mine right? But you create
them but they said it's mining and
there's miners to make it sound like gold. They make the Bitcoin
look like gold, it's color it
looks like a coin made of gold. That's done for a reason. To create
the false impression that you're buying
something like gold.
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