Steven Mnuchin said the restrictions could involve cutting off Beijing’s access to the US financial system.
Crackdowns by China (on ICOs & more recently confusion over Bitcoin exchanges) combined with JPMorgan's Jamie Dimon's comments today [5] saw selling pressure extend as China opened...
The market is a bubble & that "it's the Federal Reserve's fault, & the Federal Reserves all over the world."
Trump now has more power to shape monetary policy than any other president in over 100 years. Who will Trump appoint to the Board of Governors?
The US national debt officially topped $20 trillion after Pres. Trump signed a bill temporarily raising the debt ceiling limit for the next three months. With his signature, Trump increased the statutory debt by about $318 billion. That raised the US national debt to $20.16 trillion. The debt has increased about $215 billion from around $19.94 trillion since Trump took office.Ron Paul says the whole debt ceiling issue raises even more fundamental questions about the role of government.
The Chinese government appears set to take another step to crack down on bitcoin and other virtual currencies. Late last week, a Chinese publication announced the government plans to ban cryptocurrency trading on domestic exchanges. Reuters said a source with knowledge of the policy confirmed the plan is in the works.This follows on the heels of last week's People’s Bank of China announcement outlawing initial coin offerings (ICOs) and its order to halt of all related fundraising activity.
Goldbugs & Silverbugs can make their voices heard at this PUBLIC MEETING to "advise the Secretary of the Treasury on any theme". That sounds like an opportunity...
Congress has absolutely no controls on the willing to spend money & promise entitlements to borrowers. Spending is a runaway trend in Washington DC
Housing markets are one itsy-bitsy recession away from a collapse in domestic and foreign demand by marginal buyers.
There’s interest on the debt, which absolutely cannot be cut without risking the most severe global financial meltdown ever seen in modern history.
Would be 'boon' to economy, assuring that the administration will pass an overhaul this year.
"The Dollar, It's a Fiat Paper Currency", "It cannot be taken for Granted"
The markets are so overvalued now that Hussman expects a 60% decline from here.
Politicians have intentionally set tax rates on wages much higher than those on long-term investment returns.
Stewart Thomson says the current dip in the gold price is very mild. There are opportunities for buying this latest dip, but those opportunities won't last long...
North Korea on Tuesday rejected a U.N. Security Council resolution imposing tougher sanctions & said the U.S. would soon face the "greatest pain" it had ever experienced.
Americans are starting to pile up more credit card debt than ever before.
Irma ain't got nothing on this one... There's nowhere to hide!
The dollar has reversed its entire May 2016-January 2017 rally in a move that’s frankly shocked the FX world.
After President Trump signed the legislation suspending the debt limit, the total debt immediately jumped to $20,162,177,000,000