Eric Sprott says that the commercials have been scalping at the COMEX hedge funds and speculators to cover their shorts. However, recent events are very bullish for gold and silver […]
Congress, meanwhile, has pledged to deposit another $7 billion in Puerto Rico's emergency relief account by the end of next week.
The divergence of official inflation as measured by the government versus inflation realized by the consumer and businesses has never been greater, in our opinion. Go ask anybody on the street in America and Europe if think "doing life or business" is getting more expensive.
Gordon Long explains in this audio slide show on what is happening now and whats may come.
As the paper price of gold has been hammered since hitting 52-week highs back on the 8th of September, proxy gold demand has been rising as shown in the ETFs. […]
Bubble About To Burst? - It should have government & private lenders, to have every reason to worry that this could be more than a temporary blip.
“They need to act yesterday if not sooner,” said Anthony Wright, head of Health Access California, a leading consumer advocate in the state.
The GOP tax framework unveiled this week would give the biggest windfall to the richest Americans, according to a tax policy watchdog.
Lynette says "you're not going to be able to get out of these markets". She says that liquidity is an illusion, and physical silver and gold are the only real options left in […]
Unfortunately, a mistaken belief & faith in government makes both preparing & bouncing back much worse than it has to be. Ron Paul helps to dispel the fantasy of government "help.
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.3 percent on September 29, up from 2.1 percent on September 27. Since the previous GDPNow update on Wednesday
Can We Avoid Another Financial Crisis? The short answer is No - Prof. Steve Keens
Beginning in the next few months, terms start ending for the central bankers who control the price of money in the world.
The six largest U.S. banks could see net income rise $6.4 billion, or 7 percent, if President Donald Trump and Republicans in Congress can push through their proposed corporate tax rate cut.
Although our leadership is too polite to say it out loud, they've embraced stagnation as the new quasi-official policy.
PCE Core YOY reported at 1.3%, down again, down 0.6% since January. #FedFail #WrongWayJanet
“In the past year, there has been a long list of issues that could have derailed the overall level of consumer confidence, including the unprecedented partisan divide, North Korea, Charlottesville, and the hurricanes,”
The Fed's most critical inflation indicators - slumped to just 1.29% YoY, the lowest since Oct 2015.
But perhaps most noteworthy is the 0.1% MoM drop in real personal spending, the weakest since Jan 2016.
Gary Cohn (who is worth several hundred million dollars) apparently last bought a car in 1905