- Silver Report Uncut
Economic collapse news Dec 3, 2019. First we look at the trouble growing for a phase one trade deal. The issue is tariffs and the rumor is floating around from state sources that there will be no phase one unless all tariffs are removed. On the other side we see reports that tariffs will be increased in no deal is signed on Dec 15. Next we look at the fed new plan to run inflation above 2%. The plan was called symmetric over inflation meaning to let everyone understand that we need to run inflation at much high rate to make up for lost inflation. The logic was to arrive at an average of 2% you can’t always have below 2% readings and that sometimes we must run higher than 2%. This is positive for gold and terrible for the dollars value.