Precious metals are apparently waking up. And here is where you can find the best deals.
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Look at what’s happening with subprime car loans, student loans and mortgage defaults for those with lower credit scores. It’s not pretty, says Jeff Reeves.
That means the debt loads of Americans are flirting with 2008 levels, when total consumer debt reached a record high of $12.68 trillion.
China ceased accumulating US Treasury debt as of July of 2011 & continues to sell while busy accumulating gold since 2011
Check back weekly as we watch this new indicator unfold and track economic health.
Fischer: First, the economy is very complex, & models that attempt to approximate that complexity can sometimes let us down.
THE SPREAD BETWEEN ONSHORE AND OFFSHORE NARROWS AGAIN AS POBC ATTEMPTS TO STOP USA DOLLARS FROM LEAVING CHINA’S SHORES.
The problem is global: as we consume the cheap energy, what's left to extract & refine is more expensive, so energy costs rise. As the population ages, entitlements soar.
Many states then defaulted on their bonds permanently and we can see that this was the first major sustain correction the United States had ever encountered.
One must recognise that when you corrupt the news, the collapse of society is not far behind.
The imbalances in the economic strength of euro area countries make the continued function of the single currency area a primary concern, said former US Federal Reserve chairman Alan Greenspan in an interview with the World Gold Council.
There are a couple of unusual things about the currency's recent appreciation: first, the ruble has somewhat disconnected from oil prices, and second, it's not entirely clear what has been driving the rally.
Eurozone countries look set to miss a self-imposed deadline next Monday to agree on aid measures for Greece, which risks running out of money in July.
Tony Blair has been slammed by Foreign Secretary Boris Johnson for attempting to derail Brexit, after the former prime minister called for ‘Remainers’ to “rise up” against Britain’s EU exit in his first major public speech on the issue since the referendum
"We think that a new French franc would fall sharply against the euro if Marine Le Pen became president and took France out of the single currency."
Mortgage debt is down from $9.3 trillion to $8.5 trillion but student loans rose from $0.6 trillion to $1.3 trillion, & auto loans rose from $0.8 trillion to $1.4 trillion.
testing alternatives such as palm or coconut oil, & plans to delay signing contracts for its first plastic 20 pound note, due in 2020, until it is clear whether a fully fat-free option is viable.
As U.K. retail sales drop for a third month, money-market pricing shows traders are reducing bets on the Bank of England lifting its benchmark rate from a record-low 0.25 percent before the end of 2017.
The Chinese economy faces a convergence of geopolitical & economic problems that could collapse - and soon.
