Harvey had previously said to look to October 18th for the launch of the oil-for-gold-backed-yuan contract. Now, he's looking at $2,000 for the price of gold...
President Trump, who knows a thing or two about bankruptcy, says Puerto Rico’s public debt should be wiped out. We agree. The commonwealth owes bondholders somewhere on the order of $70 billion, with most of that debt tied to general-obligation …
The Jones Act waiver for Puerto Rico expired on Sunday night and “it is not being extended at this time,” Department of Homeland Security spokesman
Wildfires whipped by powerful winds swept through California wine country Monday, destroying 1,500 homes &businesses and sending thousands fleeing as flames raged unchecked through high-end resorts, grocery stores and tree-lined neighborhoods.
Insider view on how to deal with the Housing Crisis in California.
Rising & falling volatility & interest rates is how we know whether a market is in good health, or even alive at all. They are its vital signs.
Jim Rickards shows you why Janet Yellen won’t repeat the Fed's blunder of 1937 and why the market is so wrong about a December rate hike ...
51 large euro zone banks are leaving themselves exposed to a sudden change in interest rates and may need to aside more capital against that risk, the European Central Bank said today.
Financial markets may be underpricing global risks, leaving them vulnerable to a major correction, according to European Central Bank Governing Council member Klaas Knot warned.
Hyper enrichment of a handful of radical corporate state supremacists wasn’t what classical capitalism was supposed to be about.
As global policy makers meet in Washington for the International Monetary Fund’s biannual meeting.
When taking several recent developments into consideration, Gerald Celente arrives at a rather bright conclusion: "Gold IS going to shine"...
There are a few holidays in China that offer ripe opportunities for the manipulators of the gold markets to have free reign to drive down prices.
Which could be a sign that silver is set to outperform gold at last…
On Sept. 22, Peter Schiff spoke at the Nexus Conference in Aspen, Colorado, and argued that the financial crisis in 2008 was just the opening act. The real crisis will result from the way the government and the Federal Reserve responded to the 2008 crash.I don't think 2008 was the crisis. I think that was kind of the overture to this opera."
The Indian government has reversed a tax rule that was putting a damper on gold demand in the country.The government included Indian jewelers under the Prevention of Money-Laundering Act last August. The rules increased compliance requirements for high dollar jewelry purchases. Buyers had to provide their income tax identity for transactions above 50,000 rupees ($766). According to the Economic Times, the requirements were hindering high-value deals.
With gold's moving averages in bullish alignment, conditions generally favor a reversal and rally.
The Blow-Off Top: CNN's frequently noted Fear and Greed index closed last week at a level of 95, indicating of near widespread euphoria.
This is an extended commentary, detailing what I believe are critical considerations for investors here. You’re probably going to need a cup of coffee, a snack, a calculator, and possibly a nap along the way.
The fact is, in the next liquidity crisis, you won’t be hearing about Russian default. The U.S. & China are more likely to be in the eye of the storm