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    The Housing Moment Investors Dread Is Here
May 22, 2017 - 11:08:03 PDT
..defined simply as sellers outnumbering buyers by a wide enough margin to trigger falling prices.
    Credit Check, Euro Area Current Account
May 22, 2017 - 11:01:41 PDT
Going from bad to worse, so the way things are going seems the contribution to year over year GDP growth in q2 from credit expansion will be less than it was in q1: Never yet seen a current account surplus like this and a weak currency? (Euro area surplus = rest of world deficit, etc.) …
What does this say about the Chinese authorities’ plans to liberalize the Chinese gold market?
    The Final Show of the Greatest Country on Earth
May 22, 2017 - 10:39:46 PDT
On May 31, 1866, John C. Ringling was born in Iowa to German immigrants in what felt like an extremely bleak year. The chaos and devastation from the Civil War that had ended in 1865 were still keenly…
The idea of moving to a cashless society is just insane. Somebody has to give up something here. Trust me – the intelligence community will not take responsibility.
On May 10, gold launched a decisive turnaround from its most recent decline. Each time gold retreated from those highs, it found a new bottom at a higher price than […]
    Social Security is Slowly Getting More Insolvent...
May 22, 2017 - 10:10:52 PDT
The status quo is a prescription for a social, economic and political disaster. No medals for guessing what the Congress is doing about it all.
Asia’s yield-hungry investors have a lot riding on the financial engineers of Wall Street.
Mortgage Crisis 2.0: Moynihan's sole purpose for wanting to lower down payments is to help those poor millennials living in mom's basement and has nothing to do with the fact that's he's lost a ton of fee revenue to government-backed loans that only require a 3% down payment.
Last year, the Federal Register - the U.S. government’s depository of rules and regulations - hit an all-time high of 81,640 pages. Among the industries that bear the greatest regulatory oversight is financials...
"Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must)."
    Loan Creation Crashes To Six Year Low
May 22, 2017 - 08:56:47 PDT
unless there is a sharp rebound in loan growth in the next 3-6 months this most accurate of leading economic indicators guarantees that a recession is now inevitable.
The evidence that the middle class in America is dying continues to mount.
Last week, the Greek parliament once again approved more austerity.....
PM Fund Manager Dave Kranzler Joins the Show to Break Down the Big Move in the Metals & Markets:  "It Smells Like Desperation": Is The Day of Reckoning Almost Here? Kranzler […]
Dozens of businesses in Cochrane, Alta., are now accepting a local currency known as Cochrane Dollars.
We are only just now arriving at a time period that will bring about "The Currency Wars".   Everything prior to this was only a preparation period to build an […]
Technical analyst Jack Chan charts the latest moves in the precious metals market, noting a price bounce off positive divergence.
    Jim Rickards: Gold Has Launched a Decisive Turnaround
May 22, 2017 - 07:22:41 PDT
While everyone is focused on the Washington circus this week, they’re missing what could be the real news — Gold.
Does the Attorney General know if Deutsche Bank has destroyed its OTC bullion trading receipts?