By showing the changing share of the global economy for each country from 1 AD until now, it compares economic productivity over a mind-boggling time period.
The US Federal Reserve, the European Central Bank (ECB) and Bank of Japan (BOJ) have all been hyper-active in recent decades. But the low-rate policies have not produced the same outcomes. The US, after home prices declined in 2008 and 2009, took a while to recover. Only in 2012 did US home prices begin…
Former White House Chief of Staff Rahm Emanuel famously counseled politicians to never let a crisis go to waste. Sadly, this week President Trump...
US Treasuries securities held in stripped form has surged since May 2016. The Separate Trading of Registered Interest and Principal of Securities program, STRIPS, program is flourishing. Treasury strips can be either in coupon strip form or principal strip form. And the 30 year Treasury bond is the logical security to strip (30 years x 2 semi…
Bill Holter says that US dollar velocity is the key, but no matter what the Fed does to increase spending, velocity will just not pick up. Then there is the distinct possibility […]
The time to get out of highly-inflated garbage assets is before everyone else tries to
President Trump wants to scrap the debt ceiling. A lot of pundits and politicos think this is a great idea. Just scan through the mainstream media reporting and you'll see headlines like this one from New York Magazine. "Trump Wants to Eliminate the Debt Ceiling. He's Right."Peter Schiff sees this whole thing in a different light. He believes eliminating the debt ceiling will just push us more quickly down the road to the mother of all dollar bear markets.Peter built the case for a dollar crash in his most recent Schiff Report video.
A recent move by China could take a big step toward dethroning the US petrodollar.The Chinese have announced the launch of a gold-backed, yuan-denominated oil futures contract. The move potentially creates a way for oil exporters to circumvent US dollar denominated benchmarks by trading in yuan. The contracts will be priced in yuan, but convertible to gold. An article in the Nikkei Asian Review explains the significance of the move.
The larger the universal basic income, the greater the benefit to the economy, according to the report.
The reality is, the middle class is slowly disappearing in California. There was a time not long ago when a blue collar worker was able to purchase a home in many California locations.
The bond market says nothing much will change in the next two years. We doubt that the adjustment can take that long.
The obvious question is could this be the fore-runner to a serious market & economic deterioration ahead.
As the debt bubble grows: Consumer debt continues to spin wildly out of control & the government continues to spend money that it does not have. This works until it doesn’t. Of course the usual debt
BofA's Michael Hartnett looks at the "Disconnect Myth" between rising stocks and bonds and summarizes succinctly that there is "no disconnect between stocks & bonds."
The federal debt ceiling has been raised about 100 times. Obviously, the ceiling was never real, but the debt certainly is.
It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon
Owning precious metals is as important now as it’s ever been. Mike Maloney’s new video series outlines the 10 best reasons why you should buy gold and silver.
Gold and silver precious metals dealer Monex is facing a legal suit filed by the CFTC last week, but there have been legal problems before, for both the company and the founder...
Gold is expected to lead to a bullmarket that will dwarf the last one from 2001 through 2011
Mike Maloney and Jeff Clark announce the release of an exciting new video series, “Top Ten Reasons I Buy Gold & Silver.” Watch your inbox, it comes out tomorrow.