A reminder of the Great Wealth Transfer underway:
The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.
A cache of documents from Deutsche Bank AG include what a group of silver investors claim is a “smoking gun”: private electronic chats showing traders from numerous banks conspiring to rig prices from 2007 to 2013, according to a court filing in New York last week.
The basic predicament we are in is that the current crop of leaders in the halls of monetary and political power does not appear to understand the dimensions of our situation.The mind-boggling part about all this is that it's not really all that hard to grasp.Our collective predicament is simply this: Nothing can grow forever.
In this Report, we will give an update on those pesky fundamentals...
The Dallas Police and Fire Pension System's Board of Trustees officially suspended all withdraws last week. The move stopped $154 million of withdraws requested
The numbers are out. Even Japanese consumers, supposedly suffering from deflation, are getting whacked. No one escapes.
How to Swamp Washington and Double-cross Your Supporters
What the hell are Donald Trump and his new Treasury Secretary, Steven Mnuchin, smoking?! A new supply-side strategy? Just when we have overcapacity everywhere thanks to the greatest debt bubble Read on →
The United States of America was founded on the principals of limited government and sound money. Today we have neither. The growth of the former has largely been a function of its ability to abolish the latter. A dollar was original defined as a specific weight of gold or silver, and the Constitution limited the power of the states to make anything other than gold or silver legal tender. As the Federal Government was given no power to make anything legal tender, and since the Federal Government only has those powers expressly granted to it by the Constitution, gold and silver are still the only Constitutional forms of money authorized in the United States.
Economist and author Jim Rickards and former presidential contender Ron Paul appeared on RT television recently to discuss their 2017 economic and political predictions. Rickards laid out his idea of Trump’s administration forming a “cabinet government,” that might work to decentralize executive power, which has become more concentrated over the last 15 years. Paul looked to another inevitable US recession fueled by runaway inflation and the bursting of economic bubbles artificially propped up by failed monetary policies.
We discuss the largest wholesale funding market in the world, the eurodollar market, and how it's "normal" form of functioning has dramatically changed.
In a world that has become immensely exposed to Mexico’s debt and peso.
U.S. banks have stolen a march on their European rivals since the financial crisis. To fight back, Europe’s finance sector must ease regulation.
investors should be braced for further bouts of extreme volatilty and "flash crash" episodes like the one that hit sterling in October.
Following the 1987 stock market crash, the Fed began a new course of monetary policy in which they would use a combination of debt and manipulated interest rates...
For years, Mike Maloney has talked about how precious metals markets were being manipulated and today we have the proof. Deutsche Bank recently settled a lawsuit accusing it of the rigging silver markets. And as part of the settlement, the bank released 350,000 pages of documents and 75 audio tapes.These documents show there was a silver market “mafia” of big banks including Deutsche, UBS, and HSBC all working together to artificially suppress the price of silver and fleece the general public in the process.
(Money Market Net Shorts Crash) The Fed's anticipated rate hike at the next FOMC meeting is causing a stir in money markets and Treasury auctions. Monday’s $24 billion three-year U.S. note sale drew the weakest demand for the maturity since 2009, even as it yielded 1.452 percent, the highest in six years. The bid-to-cover ratio fell to 2.65, compared with…
Italian government could take part in bank rescues, after regulators spurned a request from Banca Monte dei Paschi di Siena SpA for an extension to its deadline to raise capital.
facing criminal charges that when she was France’s finance minister, her negligence resulted in the misuse of hundreds of millions of euros in public money.