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PR Governor Rossello warned Tuesday that millions could flee for the U.S. mainland if sufficient aid doesn’t arrive soon to stem a crisis
    Taxing Puerto Rico to Save US Shippers
Oct 3, 2017 - 09:31:55 PDT
A 2012 New York Fed study found it costs twice as much to ship a freight container from the US East Coast to Puerto Rico than to nearby Haiti.
The amount of gold that Russia has scarfed down so far this year confirms robust gold demand around the world. Russia is quickly moving up in the ranks of official […]
Ronnie Stoeferle,CMT‏
Wells Fargo & Co. is wrapping up one of its worst years ever by passing a baton to Washington’s new favorite financial-industry villain: Equifax Inc.
    ATM Fees Are out of Control
Oct 3, 2017 - 09:15:02 PDT
Over the past decade, such fees have risen 55 percent. The average cost of such a transaction is now over $4.50.
Global banks are preparing for the worst....
I gave a presentation to some corporate board members recently, and they had one primary question on their mind. Why is overall gold demand weak?These are smart people. They’re successful, both professionally and with their investments. They even believe in owning a little gold. But they’ve been puzzled by the significant drop in demand for physical metal. They had some ideas, which were mostly right, but their main concern was if they were overlooking some critical factor that was making other investors ignore gold.
    Gold and Silver in a Negative Interest Rate World
Oct 3, 2017 - 08:04:27 PDT
Its immortality. Hard assets are forever, even when destroyed by the cataclysms of history.
China's proven gold reservesreached 12,100 tonnes at the end of 2016, the state news agencyXinhua reported on Monday quoting an official with the nationalgold association.
The Bank of Russia has more than doubled the pace of gold purchases, bringing the share of bullion in its international reserves to the highest of Mr Putin's 17 years in power
    Russia & Saudi Arabia to Set up $1bn Energy Fund
Oct 3, 2017 - 07:12:21 PDT
Novak said Russia is "focused on developing cooperation with Saudi Arabia not only within the OPEC framework but also outside the cartel,” including the energy sector, the electric power sector, and renewable energy resources.
    What Trump's War With North Korea Would Look Like
Oct 3, 2017 - 07:10:30 PDT
In one scenario, sources say America would exhaust its stockpiles of smart bombs, possibly after a week of war with North Korea, forcing U.S. warplanes to drop crude gravity bombs on its targets.
    Thousands Protest Catalan Vote Crackdown
Oct 3, 2017 - 07:06:28 PDT
The center of Barcelona was brought to a halt Tuesday as Catalans protested against a violent crackdown of Sunday's disputed independence referendum.
    What You Can Learn From Hurricane Maria
Oct 3, 2017 - 06:10:10 PDT
Mike Maloney explains how this tragedy exposed the vulnerability of today’s digital society. Learn how you can prepare for any disaster, natural or financial.
Craig Hemke, a.k.a "Turd Ferguson," tells Silver Doctors gold and silver will start an uptrend later this week...
Dave Kranzler reports on Fed head front-runner Kevin Warsh. As the Fed manipulates all markets, China and Russia are preparing to ditch the dollar. Dave's contact says watch the "elections" in […]
    The Financialization of America... and Its Discontents
Oct 2, 2017 - 16:46:36 PDT
Labor’s share of the national income is in freefall as a direct result of the optimization of financialization.
    Hedge Funds Are 'Dancing on the Rim of a Volcano'
Oct 2, 2017 - 16:30:05 PDT
Hedge funds are more bearish on the VIX than at any point in history, and some experts are warning that the market could be in for a shock.
The typical household income in Puerto Rico is less than half of what it is in the poorest US state, and more than 40% of people live below the US poverty line.