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"We'll be conducting more missile tests on a weekly, monthly and yearly basis," Vice Foreign Minister Han Song-Ryol told the BBC's John Sudworth in Pyongyang.
"It has been created dangerous situation in which the thermonuclear war may break out at any moment on the peninsula & pose a serious threat to the world's peace & security, to say nothing of those of northeast Asia."
    Ron Paul on Why the Income Tax is Un-American
Apr 17, 2017 - 08:44:45 PDT
It's been 104 years since the 16th Amendment was ratified. Ron Paul makes the case for getting rid of this albatross
    104 Years of the Income Tax: Then and Now
Apr 17, 2017 - 08:38:31 PDT
In 1913 the top marginal income tax bracket was 7% - today it is 39.6%. In 1913 the marginal income tax bracket range was 1% - 7%. Today the range is 10% - 39.6%.
The federal government collected record amounts of both individual income taxes and payroll taxes through the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March),
    Bank Lending Shrinking As Wage Growth Remains Stagnant
Apr 17, 2017 - 08:31:39 PDT
Bank lending is declining in the face of stagnant wage growth. Bank Loans and Leases YoY are declining.
    Angst in America, Part 4: Disappearing Pensions
Apr 17, 2017 - 08:21:00 PDT
There was once a time when many American workers had a simple formula for retirement: You stayed with a large business for many years, possibly your whole career.
The Pentagon has directed three US aircraft carriers toward the Korean Peninsula, South Korean media reported quoting governmental sources.
Is there any hope that multiples will pull back from what are the current bubble levels? Not much: PitchBook cautions that "barring economic disaster, multiples shouldn’t recede for at least the next few quarters."
Market expectations for a June interest rate increase from the Federal Reserve have fallen
Mario Draghi said there was no reason to change the bank’s policy of ultra-low interest rates and bond buying
Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank needs to continue with its easy monetary policy because consumer prices are still distant from its 2 percent inflation target.
China vowed that this time it was serious about finally deleveraging its economy. Once again, it lied.
    "Out of Cash" - More Than 90% of India ATMs Run Dry
Apr 17, 2017 - 06:32:23 PDT
Five months have passed since the demonetization drive, but the people of India continue to face a shortage of cash in banks & ATMs.
Frustration with corruption and authoritarian rule is driving street protests and voter anger. 
    Stocks, Dollar Under Pressure After Soft U.S. Data
Apr 17, 2017 - 06:25:36 PDT
Shares and the U.S. dollar dipped on Monday while U.S. bond yields slumped to five-month lows after soft U.S. economic data hurt investor sentiment already frayed by worries over North Korea and coming French elections.
    Gold Long-Term Technicals Are Looking Bullish
Apr 17, 2017 - 06:04:29 PDT
Gold has a lot going for it these days, and it has taken the leadership role in the precious metals sector since last week when it held firm.
    Gold Could 'Sky-Rocket' on Global Worries
Apr 17, 2017 - 05:58:39 PDT
"Gold is trading with an upward bias with the $1,300 level just in sight... We expect any dips in prices to be eagerly sought by traders,"
    Gold Hits Five-Month High, Will It Rise Further?
Apr 17, 2017 - 05:54:15 PDT
The bullish sentiment in gold was underscored by data showing speculators increased their net long positions for a fourth straight week to April 11.
The dollar dipped to a five-month low against the yen on Monday as rising tensions over North Korea kept the safe-haven Japanese currency in demand.