You are here

Craig Hemke at Sprott Money: Central banks begin to panic

Section: Daily Dispatches

10:15a ET Wednesday, October 23, 2019

Dear Friend of GATA and Gold:

Something about the world economy is panicking central banks, the TF Metals Report's Craig Hemke writes today at Sprott Money.

Hemke writes: "Even I have been shocked by how quickly the central banks have moved to perpetuate the illusion of normalcy. And if the links from just the past few days are any indication, the central bankers are just getting started. Expect negative interest rates and unlimited debt monetization in the months ahead as the central banks literally empty their 'toolbox' in a desperate attempt to maintain order. Already The Fed is publishing research pieces that extoll the alleged virtues of negative interest rates. ..."

Hemke's analysis is headlined "Central Banks Begin to Panic" and it's posted at Sprott Money here:

https://www.sprottmoney.com/Blog/central-banks-begin-to-panic-craig-hemk...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

Buy, Sell, or Store Precious Metals with Money Metals

Money Metals Exchange, a national bullion dealer recently voted "Best in the USA" by a worldwide ratings group --

https://www.moneymetals.com/news/2015/02/03/worldwide-ratings-organizati...

-- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals.

Shop online with Money Metals Exchange here --

https://www.moneymetals.com/buy

-- or by calling 1-800-800-1865.

Meanwhile, Money Metals Depository will store your precious metals in a segregated account at low cost:

https://www.moneymetals.com/depository



Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Friday-Monday, November 1-4, 2019

https://neworleansconference.com/noic-promo/powellgata/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16