This is a RED ALERT Economic Collapse Update.
Last week, Ron Paul appeared on CNBC's Futures Now and said he wouldn't be surprise if the stock market crashes and the price of gold soars in the near future.If our markets are down 25% and gold is up 50%, it wouldn't be a total shock to me."The former congressman and presidential candidate said uncertainty is the rule of the day and that's giving the market the jitters.
With plenty of geopolitical turmoil around the world, and strong demand from the east, gold and silver both posted healthy gains through the first half of 2017.While most of the mainstream headlines focus the short-term drop in the price of gold in June, looking at the bigger picture reveals a much more positive trend for precious metals. The price of gold rose 7.9% through the first half of the year. Meanwhile, the price of silver logged a healthy 4% advance.
For the first time in US history a handful of US states is teetering on the edge of bankruptcy.
Lynette Zang, Chief Market Analyst at ITM Trading, Inc. covers a very wide range of topics including price action, bonds, yield curve, precious metals, & hedging. Is A MASSIVE Gold & […]
Only two things keep these banks alive.
David Stockman shows you how the Fed’s massive distortion of markets has led to the coming “Carmageddon”...
Any sense of prosperity in today's economy is based on a falsehood, claims
Absent further QE or banks drawing down their trillions in excess reserves...maybe investors should check the color of that swan flying overhead about now?!? Invest accordingly.
The new retirement model means working until you die. Most Americans are broke and living paycheck to paycheck. Yet the stock market is near a modern day peak. What is going on? Wasn’t the 401k experiment that launched in the early 1980s to replace pensions supposed to be a panacea in
In the previous 100-year period, Argentina’s governments defaulted on international debt on eight occasions, issued about a half-dozen currencies, engineered an episode of hyperinflation, and experimented with capital controls and confiscations.
The USSR was bust from the start, but through suppression of its people the myth lasted seventy-two years from the revolution in 1917. The softer, western socialist version has been […]
A rally that sent yields on the world’s riskiest corporate bonds to a three-year low is showing signs of faltering.
ONE of Italy's biggest banks held crisis talks today after it was told to raise money as the country's financial troubles deepen.
Bank of America Merrill Lynch's Michael Hartnett said it is "no longer politically acceptable to stoke [the] Wall St. bubble."
Short-seller Jim Chanos is skeptical President Donald Trump's infrastructure plan will lead to any significant economic growth.
Historical patterns are all pointing to the fact that inflation should surge, these patterns may be in the process of breaking with history, reports Bloomberg.
Marc Faber, editor of the ’Gloom, Boom & Doom’ report, speaks to CNBC’s ’Squawk on the Street’ crew on his market outlook. Faber says he expects to see another 'massive' financial crisis in his lifetime.
The states without a budget on July 1 are Connecticut, Delaware, Illinois, Maine, Massachusetts, New Jersey, Oregon, Rhode Island, & Wisconsin, while in Pennsylvania & Michigan the budget has passed the Legislature & is on the governor's desk.
This chart shows the similarities between the 1970s and the status
quo, but the duration of both corrections diverges significantly.