The centuries-old, multi-trillion dollar banking industry is at risk of being disrupted by just 200 lines of code.
Strategists talk of a 'sleeping beast' about to awaken.
The Fed's ability to conduct monetary policy free of short-term political pressures is under "some threat" from two bills making their way through the U.S. Congress, Fed Chair Janet Yellen said on Monday.
Gold prices rose in European trade on Tuesday as rising political tension over North Korea and Syria supported demand for the safe-haven metal.
In this video, Mike explains the consequences of the colossal change in demographics underway in the U.S. right now.
Will the Death of Money Prove to be an EXTINCTION Level Event?
Is THIS Why Clif High's Webbot is Picking Up "Gold Fever"?
Not only did the U.S. export most of its gold bullion to Hong Kong, it was the highest monthly amount in quite some time.
As we focus on the most recent moves of the Federal Reserve, it’s easy to miss the bigger picture. The Fed has been trying to move toward an interest rate “normalization” program for more than a year, since nudging rates up .25 points in Dec. 2015.Although it remains to be seen whether the two interest rate hikes last December and March signal a rocket launch or a sputtering firecracker, the central bank at least wants to give the appearance of tightening. The Fed has also launched some trial balloons with talk of shrinking its bloated balance sheet.
From both an economic and political standpoint, it seems the only certainty in the world right now is uncertainty. As Danielle DiMartino Booth says, that’s a good reason to buy gold. Booth worked as an as an analyst at the Federal Reserve Bank of Dallas. After leaving the Fed, she founded Money Strong, LLC, an economic consulting firm. She also authored Fed Up: An Insider’s Take on Why the Federal Reserve Is Bad for America. In a recent appearance on Jay Taylor’s Turning Hard Times into Tough Times podcast, Booth called gold “the ultimate safe-haven investment.”
Jim Rickards says we're in a different world. The systemic risks have never been greater.
Marc Faber discusses the undervaluation of Gold and Silver and that there is no US dollar shortage
Big U.S. lenders are expected to report another round of uninspiring quarterly results this week, which analysts said could dampen a "Trump rally" in bank stocks fueled by expectations the new president would lighten financial regulation and boost the economy.
Average corporate tax rates in Europe and Asia are far lower than in the United States & a “business taxes only” agenda could possibly get some Democrats on board.
The Libor scandal, which broke in 2012, confirmed people’s worst suspicions about big banks and a system “in which manipulation was not just possible but inevitable.”
Contrary to Booth's assertions, the Fed’s existence will never add to the economy, but it may sometimes bring damage to it.
Every Great Ponzi Scheme Ends the Same Way: Fast and Ugly.
Ray Dalio said the rise of populist leaders across the globe could lead the world down the same path as the 1930s.
Gold, weekly – the first rate hike so far marked the end of the bear market that started in late 2011
And commercial bankruptcy filings, from corporations to sole proprietorships, spiked 28% in March from February, the largest month-to-month move in the data series of the American Bankruptcy Institute going back to 2012.