Fed leaves rate alone.

[Usc96]

Gold rises to another record after Fed leaves rates near zero

https://www.cnbc.com/2020/07/29/gold-markets-coronavirus-us-federal-reserve-in-focus.html

 

[Buck]

silver hiccuped, then went back to sleep for the day

 

[Cigarlover]

If the fed was taken over by the treasury then what happened to the bankers? Also the 7 trillion or o on the fed balance sheet, is that just another way to hide the debt in another entity. So instead of showing US debt at 34 trillion we show it at 7 trillion on the fed balance sheet and 27 trillion in US debt.

 

[Buck]

drop a zero and at the rate we're moving right now, we can go another 10 years

or, all that value that's 'stuck' at the top needs to 'rain back down' onto the peasants and then we can move forward until it happens again...

or have a Full Reset and play the entire 'game' all over again



thinking about any of those, the 'elite' aren't going to want to have anything to do with any of it...and imho, like many here, they're only going to make it all worse with more rules that favor themselves...they're able to squeeze blood from a turnip these days, keep your head down and keep your supplies tight

 

[nickndfl]

I could live on $600 a week if I retired now, but it wouldn't be much in 10 or 15 years. That will be minimum wage.