“And that’s why US interest rates will never rise sustainably above 3.5%.”
Financial Analyst Craig Hemke says the system is being propped up and is very weak dispite the record stock markets prices. Hemke contends, “These markets are quite literally held together by […]
...bail out not only Canada's housing market, but also its insolvent mortgage lenders, as well as any other banks and financial institutions that would be slammed by the bursting of Canada's housing bubble.
I do not believe anyone can prevent anything or save the economy in the middle of crash. Governments are just reactionary and never pro-active.
Regulators on Friday seized New Orleans-based First NBC Bank in the costliest bank failure since the financial crisis, with cleanup costs estimated at $1 billion .
Is the Smash Over Or Is A Washout Waterfall Coming Next Week? PM Fund Manager Dave Kranzler Joins Us To Break Down the Action in Gold and Silver. Does the […]
From 1926 to 1929, the alleged stability of the price level caused most economic experts, including the famous American economist Irving Fisher, to conclude that US economic fundamentals were doing fine and that there was no threat of an economic bust.
I have no idea if denial is a stage of depression, but we have here all the evidence for it in economic terms.
Retail chains are going bankrupt, & thousands of stores are shuttering their doors. It's the retail apocalypse - and here's what you should know about it.
Two years ago I bet economist Harry Dent an ounce of gold that the price wouldn’t fall to his prediction of $750/ounce. He had made some noise in the gold community that year about how gold was going to crater. He advised selling your gold and buying dollars. He even stated that $750 wasn’t the stopping point, that the price would fall to as low as $250.
Can We Still Protect Our Families?
Congress has reached agreement on a stop-gap spending bill through September. Why did they all agree? There is lots of money for everyone!
President Donald Trump said he would meet with North Korean leader Kim Jong Un amid heightened tensions over his country’s nuclear weapons program if the circumstances were right.
When credit growth is weakening, or worse, contracting here, financial conditions are worsening in the financial system & “look out below.”
President Donald Trump said he is actively considering breaking up giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer lending and investment banking.
The massive move in precious metals during the first half of 2016 is only a preview of what lies ahead.
The Justice Department issued subpoenas last month to banks including UBS, BNP Paribas, and the Royal Bank of Scotland seeking information on the $14 trillion market
Money managers increased their net long position in COMEX gold contracts for the sixth straight week to April 25, U.S. government data showed late Friday.
The price anomalies are denting confidence in the auction. One European silver trader, who spoke on condition of anonymity, said many of his clients now preferred to execute trades at spot prices rather than use the more volatile auction.
The economy depends on them, but they’re cracking.