So go on. Give me a big pullback in gold. We’ll get the best buying opportunities we’ve had in a long time.
The U.S. dollar, the mightiest of currencies, is having a Wile E. Coyote moment. It just ran off a cliff. Look at this chart.
The media has finally started to look at the housing numbers, but these charts explain the story they're missing in the "recovery"...
What happens when new currency is created with few limits by central banks and commercial banks? Answer: Far too much debt and currency are created. Central Bank Balance Sheets have increased by $1 trillion YTD in 2017.
The VIX spiked in late 2008 to a high of around 80. Today, it's sitting near 10.
Who wins (the rich), who loses (anybody who doesn’t like deficits), and why it might take a miracle for the plan to become a law
Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures. All charts reflect quarterly data through the 4th quarter of 2017,…
Based on what we know so far, the plan could cost $3 to $7 trillion over a decade– our base-case estimate is $5.5 trillion in revenue loss over a decade. Without adequate offsets, tax reform could drive up the federal debt, harming economic growth instead of boosting it.
PM Fund Manager Dave Kranzler Lays Out the Evidence That Fears Of A Collapse of the Junior Mining Stocks Are Greatly Exaggerated:
The U.S. student loan implosion therefore has a very real cost to both U.S. taxpayers & to Americans seeking to borrow money from the U.S. government to pay for their higher education.
With Greece still wallowing in the depths of recession, it is clear that the IMF hasn’t finished with the destruction of that formerly independent nation.
Data is the new gold behind money, and the banks are sitting on a mountain of it. As it stands now, that financial data currently belongs to the banks.
The plan that came out looks almost exactly as I thought it would — the only difference being that it is far more pathetic.
Ben Bernanke in retirement is still at it. In an interview with Charles Schwab, the former Fed Chairman says not to worry:
There’s an underground fissure that’s about to shift, unleashing unimaginable destruction on stocks and perhaps your accounts – yet undetected by the masses.
The European Union (EU) has been pushing Italy for a very long time to reduce its deficit. Of course, governments are never capable of reducing their own expenditure.
House Democrats will oppose a short-term spending bill if Republican leaders attempt to expedite an ObamaCare repeal bill this week
Creditism replaced Capitalism when money ceased to be backed by gold nearly five decades ago.
...Fed hiked rates, & while not negative - or 0.0% - it was about as close as it could go without the Fed losing all credibility for having hiked in a contraction quarter.