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Some visuals and historical data to provide greater insight and perspective into the recent jobs data.https://schiffgold.com/exploring-finance/jobs-2021-07-government-jobs-account-for-23-of-943k-gains/ …
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This analysis shows why the US Government is at much greater risk due to debt than even a few years ago.https://schiffgold.com/exploring-finance/us-debt-2021-07-total-debt-shrinks-by-101b-into-debt-ceiling-saga/ …
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Get the latest news relating to
#gold and#silver each week on the Friday Gold Wrap podcast.https://schiffgold.com/friday-gold-wrap/faking-it-schiffgold-friday-gold-wrap-podcast-aug-6-2021/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
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Spending money we don't have on things we don't produce is what passes for a strong
#economy.@mmaharrey10th breaks it down.https://schiffgold.com/friday-gold-wrap/faking-it-schiffgold-friday-gold-wrap-podcast-aug-6-2021/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
The trade deficit set another new record in June. Here's an in-depth breakdown.https://schiffgold.com/exploring-finance/trade-deficit-jun-21-sets-new-record-of-75-7b/ …
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Is this really as growing
#economy or are they faking it?https://schiffgold.com/friday-gold-wrap/faking-it-schiffgold-friday-gold-wrap-podcast-aug-6-2021/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
SchiffGold Retweeted
In June a bunch of red states decided to end the federal $300 per week unemployment supplement to pay people to remain unemployed, and in July over 1 million people decided to go back to work. What a shocker!
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Inflows of
#gold into ETFs are significant in their effect on the world gold market, pushing overall demand higher.https://schiffgold.com/key-gold-news/etfs-globally-continued-to-add-gold-in-july/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
SchiffGold Retweeted
Pres.
@JoeBiden claims the best way to fight#inflation is for the#Fed to print more money to fund infrastructure spending. Biden claims such spending will raise productivity, increasing the supply of goods to buy. In reality it will drain productivity and exacerbate inflation.Thanks. Twitter will use this to make your timeline better. UndoUndo -
We're making less stuff to buy, but we're creating more money and more demand to buy it. So, this is inflationary holocaust.https://schiffgold.com/peters-podcast/peter-schiff-central-banks-have-created-the-mother-of-all-bubbles/ …
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Gold continues to flow into ETFs. After increasing holdings by 40 tons in the second quarter, funds globally added another 11.1 tons of gold in July.
#Goldhttps://schiffgold.com/key-gold-news/etfs-globally-continued-to-add-gold-in-july/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
SchiffGold Retweeted
The June U.S. trade deficit "unexpectedly" surged to a record high $75.7 billion, exceeding even the high end of expectations. Monetary and fiscal policy errors have caused severe structural damage to the U.S. economy. The results are on full display with horrific trade deficits.
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The recent acquisition of Afterpay by Square reveals the extent of this global bubble economy that will inevitably have to pop.https://schiffgold.com/peters-podcast/peter-schiff-central-banks-have-created-the-mother-of-all-bubbles/ …
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What do you do when you run out of stimulus money?
#debt#economy#gdppic.twitter.com/BJJSJE4bb3Thanks. Twitter will use this to make your timeline better. UndoUndo -
At some point producers will throw in the towel and pass on rising costs to their customers.https://schiffgold.com/key-gold-news/rising-production-costs-undercut-transitory-inflation-narrative/ …
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Forbearance programs and stimmy checks have swept America's debt problem under the rug.https://schiffgold.com/key-gold-news/household-debt-charts-biggest-increase-since-2007/ …
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Over 85% of manufacturers reported increasing prices in July.https://schiffgold.com/key-gold-news/rising-production-costs-undercut-transitory-inflation-narrative/ …
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SchiffGold Retweeted
Hotter than expected
#inflation news, July ISM Services Index showed prices rising at the fastest pace since 2005, and "hawkish" comments from the Fed's@RichardClarida that interest rates may start rising in 2023, caused a $22#gold and 50 cent#silver rally to evaporate. Crazy!Thanks. Twitter will use this to make your timeline better. UndoUndo -
SchiffGold Retweeted
Today's release of a much weaker than expected June
#ADP Employment Report, 330K jobs added verses 700K expected, the fewest since February, confirms that the labor market is cooling off just as#inflation is heating up. Stagflation is checkmate for the#Fed and the U.S. economy.Thanks. Twitter will use this to make your timeline better. UndoUndo
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