Mike Maloney and Other Economists Thoughts and Opinions Late Tuesday Night 5-11-2021
Silver Prices Will Not Stop RISING When This HAPPENS... - Mike Maloney | Silver Bullion Prediction!!
Finance Daily: May 11, 2021
In this video Mike Maloney explains how mainstream media started covering silver as an investment - this might mean that Phase 2 of silver’s bull run is here.
Monetary Pumping and Idle Resources
The Nomad Economist: Premiered 31 minutes ago
As a result of the recent stimulus policies employed by the US government and the Fed, most commentators are of the view that the risk of a deepening slump in the US economy on account of the covid-19 pandemic has now receded.
Some other commentators are not so certain that the risk has declined, arguing that the economy is still heading towards difficult times ahead.
These commentators are of the view that to prevent the possible economic difficulties ahead authorities should continue with easy fiscal and monetary policies until the economy safely placed on the trajectory of stable economic growth.
Dollar's status as reserve currency in jeopardy, ‘I'm bold gold ’ - Danielle DiMartino Booth
Kitco News: May 11, 2021
Even in light of a clearly recovering economy, and new COVID cases on the decline, the government continues to inject liquidity into the financial system through fiscal and monetary stimulus, with the end result being the devaluation of the dollar and losing its global reserve currency status to China, said Danielle DiMartino Booth, CEO of Quill Intelligence.
“We are no longer in an emergency situation. If the Fed is going to insist on being an ostrich and sticking its head in the sand, while it's pumping out $120 billion per month of quantitative easing as if we were in a depression, then yes, I see every reason for China to continue playing its very game with the intention of eventually unseating the U.S. dollar,” DiMartino booth told Michelle Makori, editor-in-chief of Kitco News.