Once again there was an overnight “flash crash” in Comex gold futures trading. I guess someone decided it was a good time to unload close $500 million worth of paper […]
Will the catalyst be the massive bond bubble breaking? And yes, boys and girls… it is a bubble.
Gold prices turned higher Thursday as comments from the European Central Bank’s president lifted the euro, pummeling the U.S. dollar.
Japan's long and sordid dance with unconventional monetary policy continues.
Each new policy destroys another level of prudent fiscal/financial discipline.
Derivatives Expert Rob Kirby Returns to Spell Out the Timeline to COLLAPSE:
You are surely aware of the saying “sell in May & go away”. It is one of the best-known & oldest stock market truisms.
We've updated this series to include Friday's release of the Consumer Price Index as the deflator & the June monthly update. The latest hypothetical real (inflation-adjusted) annual earnings are at $37,121, down 12.5% from 44 years ago.
changes in the real economic growth rate can be explained almost entirely by the earlier changes in federal government’s non-defense spending.
The Fed could well be tantalizing investors with chatter of QE4 if the economic data continue to soften.
In the U.S. alone, households have $14.9 trillion in debt while businesses owe $13.7 trillion, according to the Federal Reserve.
Bix Weir Blasphemy? Could Bitcoin Be Better Than Gold?
See why this person learned more from Mike than his entire MBA program
A Silver Summit Show participant asked Mike "What was your original PH.D in"
Mario Draghi said policy makers are still waiting for inflation to catch up with the economy’s recovery, as they put off any discussion on winding back stimulus until after the summer.
Wall Street's largest firm, Goldman Sachs, is throwing in the towel on commodities, which reminds us of 1998, when Merrill Lynch closed its commodities desk very close to the end of […]
"With the world massively overweight US financial assets, I almost wonder if the real US dollar pain trade is lower."
Draghi will certainly wait until the FOMC announces its plans before embarking on any change in the ECB‘s balance sheet.
It announced that it kept both its rates & QE unchanged, with QE expected to run at €60BN per month until end of December or beyond if needed
The medical condition was discovered after the Arizona senator underwent a procedure to remove a blood clot above his left eye.