Real Conversations: Defending Your Wealth During Global Crisis → McCullo...
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What is GDP and How is it Calculated GDP Genesis GDP comes from the Commerce Department’s Bureau of Economic Analysis. Compiling it is a giant, difficult, never-ending task, one the BEA staff takes seriously. From time to time, we hear stories about political interference, but I think that unlikely. Too many people are involved to keep any such efforts secret. The BEA has a handy, colorful, two-page sheet on its website that explains today’s GDP in big letters. Here is how they define it. Source: BEA
The U.S. Federal Deficit Is About to Soar By Tom Dyson March 28, 2020 "...I used to work for the “repo” (short-term loans) desk at Citigroup. So when I started studying the markets again in 2018 after my two-year sabbatical, it was the first thing I noticed. “The plumbing beneath the banking system is blocked,” I wrote . The cause: Enormous amounts of cash the government was soaking up and the inability of the banking system to meet its appetite. As I warned many times last summer, if they didn’t unblock the money markets things would “start blowing up.” Things blew up on September 17, 2019 when the interest rate on short-term loans spiked from 2% to 10% in a matter of minutes. The Fed turned on its printing press and began bailing out the government. It couldn’t let the government collapse financially. That was the moment I was sure we were about to get inflation...." Further reading... Comment: It nice to hear from someone with...
Real Estate Market: Will It CRASH? If So, When? (Answered)
George Gammon gives the BEST EXPLANATION for Economics EVER! It is Fascinating! Enjoy, Norton West | Real Estate-a Look Ahead | Long-term Real Estate Cycles |
April 2, 2020 US Treasury Bill Yields ~ ~Next up.....Negative Yields, so you will be PAYING the BANKS to hold money in a SAVINGS ACCOUNT: THESE ARE NOT NORMAL OR SUSTAINABLE TIMES!~~Norton West~~ United States Yield Day Weekly Monthly Yearly Date US 10YR 0.62 0.01 -0.01% -0.18% -0.39% -1.89% Apr/02 US 1M 0.06 0.02 0.02% 0.10% -1.06% -2.36% Apr/02 US 3M 0.10 0.02 0.02% 0.13% -0.86% -2.34% Apr/02 US 6M 0.14 0.01 0.01% 0.13% -0.71% -2.31% Apr/02 US 52W 0.15 0.00 0.00% 0.03% -0.56% -2.26% Apr/02 US 2Y 0.22 0.02 -0.02% -0.06% -0.51% -2.12% Apr/02 US 3Y 0.27 0.01 -0.01% -0.07% -0.47% -2.02% Apr/02 US 5Y 0.37 0.00 0.00% -0.10% -0.40% -1.95% Apr/02 US 7Y 0.53 0.00 0.00% -0.15% -0.38% -1.88% Apr/02 US 20Y 1.22 0.01 0.01% -0.15% -0.41% -1.71% Apr/02 US 30Y 1.26 0.03 -0.04% -0.14% -0.38% -1.68% Apr/02 Click to read more...Trading Economics
Gold Ounce to IMF Special Drawing Rights Chart This Chart lets you see this pair's currency rate history for up to 10 years! XE uses highly accurate, live rates. This shows how the value of US Dollar relates to SDR as expressed in US Dollar to Gold(XAU). When it takes more us dollars to pay for an SDR in terms of Gold (AUX); that means the US Dollar is WEAKENING! My Comment: A year ago it took about $950 to pay for one SDR in Terms of ozs. of Gold. Today it takes about $1200 of US Dollars to pay for one SDR in Terms of Gold; thus, the value of the US Dollar has dropped in terms of Gold and the SDR World Monetary Currency. This is a trend line for replacement of the US Dollar as the World Reserve Currency by the IMF(INternational Monetary Fund), i,e, the SDR will be the new World Reserve Currency in lieu of the US Petro Dollar. Be prepared. XE Currency Charts With this convenient tool you can review market history and analyze rate trends for any currency pair. All charts...