And The Lack Of Evidence Of Concern … So Far (Low US CDS). The US Statutory Debt Limit, a failed tool to halt the endless growth of Federal debt issuance, is once again in play at nearly $20 trillion. It was only at $6 trillion in 2002.
While Dec gold futures broke above $1300 overnight (and are spiking above $1310)...
That situation involves the US Dollar ($USD). While CNBC and the financial media love to talk about stocks, the reality is that stocks are actually one of the smallest....
After years on the decline, the market for synthetic collateralized debt obligations is on the rise again.
Dear John: I have read numerous columns you have written about how the plunge protection team stops sharp price drops by buying certain futures contracts, which forces the purchase of shares to sto…
Silver is currently trading around $17 an ounce. This is around 34% of its 1980 all-time high of $50. However, this is an incomplete representation of what silver is really trading at, relative to …
That is gold soaring and bonds tanking. Watch that space.
In 1934, through the Gold Reserve Act, President Roosevelt devalued the dollar from $20.67 dollars per ounce, to $35 dollars per ounce.
Venezuela kicks off two days of military drills on Saturday in response to US President Donald Trump's threat of military action and newly announced sanctions on the crisis-stricken nation.
I am concerned about growing internal and external conflict leading to impaired government efficiency (e.g. inabilities to pass legislation and set policies) and other conflicts." - Ray Dalio
This will cost the Treasury tens of billions of dollars every year for decades to come in higher interest charges and probably trigger a severe recession.
A combination of events put pressure on the U.S. Dollar last week, culminating with speeches by Fed Chair Yellen & ECB President Draghi on Friday. September U.S. Dollar Index futures settled the week at 92.677, down -0.682 or -0.73%. The week started with the dollar under
Not "if" the dollar dies, but "when". Edward Karr gives an update on the death of the dollar, how much we time have left to prepare, and what to do […]
John says after the West has given up, the people will wake up impoverished, go to the trough, and nothing will be there. Mr Embry is angry too, and he's […]
MSM says "gold pays no interest", but what they don't get is "no interest" beats "negative interest" every day of the week...
Yakuza and rich Chinese slap a twin turbo on the gold machine. Kind of makes us wonder about the Japanese frenzy to buy safes a while back...
U.S. orchestrated manipulation of the gold market is now collapsing & Goldman Sachs is looking to take full advantage of the upcoming implosion of London Gold Pool II by moving in for the kill.
In a span of one minute, gold futures contracts equaling more than 2 million ounces traded about 20 minutes before Fed Yellen was to address a gathering of policy makers in Jackson Hole, Wyoming.
Meanwhile, Mnuchin’s timing for a Fort Knox visit is certainly suspicious with the debt ceiling debate heating up ahead of the Sept. 24 deadline…
...why despite often opposite monetary policy stances the US & Europe have ended up in the same predicament.