The forces of globalization during the past two decades have been stronger than at any time since the era of “the Great Deflation” which started in the aftermaths of the US Civil War & the Franco-Prussian War, and continued through the 1880s.
A new milestone on the American populaces’ collective pursuit of insolvency was reached this week. According to a report published on Tuesday by the Federal Reserve Bank of New York, total U.S. household debt jumped to a new record high of $12.84 trillion during the second quarter. This included a
indicating below-trend growth in the national economy, along with Dalio De-risking sparked safe haven bond & bullion bids while stocks sank...
The man in charge of our money, who hasn't seen our money, which hasn't been "audited" in nearly 70 years, just counted all our gold in just a couple hours […]
The commodities division could be the signal we have been waiting for in in gold and silver...
In this video, Mike Maloney and Jeff Clark discuss a huge shift occurring in the gold market today. You’ll see which countries are buying up gold hand over fist and why rich countries including the U.S. could be much poorer in the near future.
And there's a risky twist to it...
Silver prices, along with most other commodities, rise due to currency devaluation. Silver is used in war materials and war production, so demand rises, which also causes prices to rise.
What we now know was one of the worst post-World War II economic & financial crises began about ten years ago in 2007. Various retrospective commentaries have focused on the severity of the economic downturn, its impact on different markets and segments of the population, and the lessons from it.
Janet Yellen’s current turn at the chair expires in February. Who will be running the Fed next year, and will it matter? How will new leadership change anything? Trump could renominate her but hasn’t yet announced a decision or even …
As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.
I am completely puzzled as to why people can’t comprehend the obvious when it comes to the true amount of gold in the world.
The precious metal has crept higher for the past month and bulls say a late-summer market ruction will push gold to new highs.
Funds increased gold net-long by 30% to 180k in wk to Aug 15. Highest since last October as it prepared for another challenge at $1300
The president wouldn’t allow the United States to default on its debt this fall, risking a global financial crisis.
Over the next several years, investors are likely to face a profound and unpleasant downward adjustment in their assumptions about growth; GDP growth, revenue growth, earnings growth, and growth in their own investments.
The Fed can create new money out of thin air and spend it on whatever financial assets it wants, whenever it wants — giving that money to whichever banks it wants
Wall Street may soon pay a big price for escalating tensions in Washington.
Joint US-South Korean military drills are underway Monday despite warnings from North Korea a day earlier that they could lead to a "uncontrollable phase of a nuclear war."
Ray Dalio just compared the current political environment to the days just prior to the outbreak of World War II. That is probably not a coincidence.