Most European stocks retreated as signs of caution started to show in markets before this week’s packed schedule of events, which includes a U.S. interest rate decision. The pound tumbled as the British Prime Minister won permission to trigger the country’s departure from the EU.
Launched in November 2015, the scheme intends to mobilise idle gold held by households and institutions so that the wealth can be put to productive use.
Welcome to the 2017 Debt Ceiling Dog and Pony Show, brought to you by generations of inept government.
Ancient Babylonia is known as the “cradle of civilization,” because it helped develop many important parts of our modern society, from laws (Code of Hammurabi) to advancements in astronomy and architecture. It also helped establish rules and procedures that have influenced modern day banking institutions. A quick look back at Babylonian finance provides insights into the basics of how our financial systems work today.
Keeps getting worse and looks to me like it’s well below stall speed:
The Fed meets this week on Tuesday and Wednesday. The market believes that there is an 86% chance the Fed will be hiking rates during this meeting. The Fed has been broadcasting this for a month straight. It is possibly THE most expected rate hike in years. The consensus is that we will see a
As much as Julius Caesar’s death on the Ides of March signaled an inflection point in Roman history, March 15 may also mark a watershed moment for the U.S. stock market with the Federal Reserve poised to seek further closure to its loose monetary policy regime.
The controls are being lifted as Iceland is booming, helped by a record surge in tourism. The economy is even at risk of overheating with money flowing back in as restrictions were eased in stages.
As the federal debt has gone from astounding to unbelievable to incomprehensible, a new problem has emerged: The US government is actually running out of places to borrow.
Historically, March 15th has been a very significant date to the Rothschilds. And now March 15th is likely to become a very significant date in American history. Just What Exactly, […]
the dollar's technical tone has deteriorated, and the risk is on the downside over the next several sessions.
Consumers are spending, but they are being battered by rising inflation.
Gold faces some head winds in the short run, but today’s prices offer an excellent entry point. Gold is a great safe-haven asset.
should these risk-off signals prove accurate, stocks could be susceptible to a sharp selloff, even if temporary.
The systems are collapsing and the people know something is wrong. Those trying to return to pre-2015.75 are delusional at best. There is no going back.
All tangible assets will rise in value according to the decline in a currency. This will be “currency inflation”
According to traditional economics textbooks, the current monetary system amplifies the initial monetary injections of money.
It would be disastrous enough if this was just limited to the United States, but it is not. This is a globally shared mugging.
As of the Daily Treasury Statement (DTS) for March 7, the cash balance was down to just $88 billion — meaning that $347 billion of cash has flown out the door since October 24.
We previously mentioned the budding struggle between the Yellen and Trump factions relating to the strength of the dollar and monetary and fiscal policies.