“We are totally prepared for the second option - not a preferred option - but if we take that option it will be devastating I can tell you that,”
Opposition by three Republicans forces leaders to give up. Republicans have promised for seven years to gut Obamacare
As Stock Speculators Risk Record Amount On Continued Calm
Something truly astonishing is happening at the Fed. The Fed FOMC minutes for July contained an incredible admission although most missed it. During that meeting Fed officials implicitly admitted that the Fed had no clue about inflation. This admission was largely swept under the rug. But we took note. And we started preparing accordingly. However,
A retiring workforce to outdated infrastructure & an auto industry chugging on fumes, Germany’s economy is facing a bleak future
Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.
Stewart says that institutional money is opening up to "peak gold". He says recent budget cuts to mining exploration could have not found much high-grade gold, if any. Here's where the fundamental effects of […]
Yellen admitted that trends in employment, wage & price pressures have shifted from what central bank forecasters expected.
Officials are pressuring Congress and the White House to fast-track disaster relief funds to Puerto Rico, where millions remain without power after Hurricane Maria.
The war of words between North Korea and the United States could be pushing the region closer to the brink of an accidental conflict.
Top White House and GOP leaders have agreed to raise the lowest individual tax rate from 10 to 12 percent, paired with doubling the standard deduction, 5 senior Republicans tell us.
Sean at SGTreport and Bill Holter revisit the Fort Knox gold story with a sense of anger, urgency, and righteous indignation. If the name Edward Durrell doesn't ring a bell, it […]
(While Median Price Up By A Factor of 2.35) New home sales are out for August & saw a decline of -3.45% MoM. This puts new home sales back to 1995 levels. While US homeownership is still below 1995 levels. Although the median price of new home sales have grown since 1995. Up since 1995 by a factor of 2.35.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.9% annual gain in July, up from 5.8% the previous month. The 10-City Composite annual increase came in at 5.2%, up from 4.9% the previous month. The 20-City Composite posted a 5.8% year-over-year gain, up from 5.6%…
Wide disparities in wealth and income remain in the U.S., Federal Reserve Governor Lael Brainard said, citing soon-to-be-published data from the central bank’s latest Survey of Consumer Finances.
Comparing the cost of living between 1975 and 2017: For the most part people widely misunderstand inflation. It is a complicated topic.
The median household is the statistical center of the Middle Class. In terms of income, this class has not fared well in recent decades. Let's take a closer look at a troubling aspect of the Census Bureau's latest annual household income data
The Conference Board's Consumer Confidence measure for September disappointed expectations with both current and future indices dropping (the former more than the latter).
The world may have already produced the most gold in a year it ever will
Published after the markets closed, Bloomberg reports that "peak gold", as in declining mine supply, comes at a time of rising gold demand. As the entire world peaks in gold production, price increases may come […]