Precious metals are apparently waking up. And here is where you can find the best deals.
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The Bank for International Settlements said the rot in the global monetary
system has not been cut out since the Lehman crisis in 2008
Jul 27, 2017 - 07:12:28 PDT
We will strike a merciless blow at the heart of the U.S. with our powerful nuclear hammer, honed and hardened over time."
"It's more symbolic than real in terms of its effect on the market," Gross said.
Gold UP At Thursday Open Silver Up at Thursday Open Dollar Recovering to Almost Unch
Well, if you don’t hold physical precious metal, get some.
Mark Cuban just warned that artificial intelligence will bring about mass job loss. But AI will do more than that...
Amazon employs 45,000 robots. A warehouse-themed automated rodeo has robots auditioning to work in Amazon’s fulfillment centers
Here’s something fun we played with after just compiling our June Long leading US Index report for our subscribers
You Would to When You Know The Dollar Is Going Way Down
Big Mac & Mini Mac Square Off Again. The Economist magazine’s famous Big Mac Index uses the price of McDonald’s Big Macs around the world, expressed in a common currency (U.S. dollars)
"Speculative positions, according to COT data, are at a multiyear low. Expect overall higher prices." Jack Chan's Mix of Technical Analysis and Proprietary Indicators Signaling to Goldbugs and Silverbugs everywhere
North Carolina Gov. Roy Cooper has signed a bill into law exempting the sale and purchase of gold and silver from state sales taxes. This removes one barrier from buying gold, silver and platinum. It will also help encourage their use and take the first step toward breaking the Federal Reserve’s monopoly on money.
We live in a world full of bubbles just waiting to pop.We have reported extensively on the stock market bubble, the student loan bubble, and the auto bubble. We even told you about a shoe bubble. But there is one bubble that is bigger and potentially more threatening than any of these.The massive debt bubble.
The Fed’s intrusions since 2007, built on the false premise of a fanciful wealth effect concocted using models that have no place in the real world, have accomplished the opposite.
“I somehow to my own surprise came to one single trend I believe in: everything is deflationary. Enjoy the “funny pictures” and the outlook.”
"Further significant downside for the dollar in the short-term looks unlikely" but... "If it does break down the consequences for the dollar are likely to be dire"
If you study these charts closely, you can only conclude that the US economy is doomed to secular stagnation and never-ending recession.
Ignoring the "relatively soon" balance sheet unwind, the dollar index is careening lower (at 14-month lows) on inflation-weaker signals from The Fed.
The research was by St. Louis Fed economist Fernando Martin. Curiously, his study precisely shows that the gold standard did indeed tame inflation.
There is no doubt that these three D’s put governments in quite a pickle. I believe the high probability bet is that eventually governments will resort to print their way out of problems