As we keep warning, India is not the “last stop” in the global financial elites’ war on cash. Indeed, as ZeroHedge noted earlier today, officials are proposing a tax on cash withdrawals in Greece. They’re also proposing only permitting digital cash or cards for various transactions. The claim behind this policy is that it would
The Reserve Bank of Zimbabwe has introduced a national currency for the first time since 2009 in an attempt to tackle a sharp shortfall of the US dollar, the country’s primary medium of trade.
While the world worries about Donald Trump, Brexit, and refugees, the European Central Bank continues to work below the public radar on its debt-restructuring plan – also known as quantitative easing – to ease the burden on the over-indebted eurozone countries. It's a high-risk operation, especially for Germany and the Netherlands.
Those of us who understand that changing monetary policy is the key to making America great again must redouble our efforts to convince Congress and the new president to audit, then end, the Federal Reserve.
The Bank of England added a new, higher bar to its third round of public stress tests. Some of the U.K.’s biggest banks will scrape through; others may not clear it.
Overall, present market conditions feature a combination of extreme valuations, a fresh syndrome of overvalued, overbought, overbullish extremes, divergent market internals, and hostile yield trends.
Peter Schiff recently appeared on CNBC’s “Future’s Now” program to discuss what the Federal Reserve will likely do during a Donald Trump presidency. Peter said he sees a rate hike in December as too little too late given the ineffectual level of interest the economy has seen over the last several years, and because of the accelerated rate of inflation that’s taking place.
Coverage of central banks and monetary policy in popular financial media outlets like Bloomberg, Financial Times, Forbes, Wall Street Journal, and The Economist is almost uniformly bad.
While the optics of a soaring stock market and crashing safe-havens (gold and bonds) fits nicely with the election of Donald Trump as the next US president, a closer look […]
As "Increase In Mortgage Rates Has Shocked Consumers"
"It's Just Been A HORRENDOUS Month." Will Gold and Silver Prices Begin A Massive Rally in 2 Weeks When the Fed Finally Hikes Rates, Just Like in December of 2015? […]
Uneasy Gold & Silver Prices Have Been Mauled Since Donald Trump's Election? Jim Willie Has Been Warning The Dollar Would SOAR Just Prior to Its COLLAPSE. Are We Witnessing the Beginning […]
Stockman re-emphasized that gold and cash will be king and urged investors to shift their portfolios accordingly. He also recommend shorting the S&P 500
Researchers from the Russian Academy of Sciences’ Far East branch say they are building a facility to make gold out of coal.
Every presidential election brings with it a renewed debate on taxes: should tax rates be increased or decreased (which in turn forces economists to break out their textbooks to brush up on their Laffer curve definitions)?
By David Stockman. Posted On Saturday, November 26th, 2016
Mike Maloney shows you how Russia views the world and why Vladimir Putin feels his back is against the wall. This is an excerpt from Mike's 2016 Silver Summit keynote presentation. If you missed it, you can watch his full talk in this 56-minute video.
The truth is that Trump economic policy has not been set, & both inflationary & deflationary outcomes are in play.
The long-awaited new Shariah Gold Standard is now set to be launched before the end of 2016 and expected to become the next big catalyst to push the precious
John Allison, the former CEO of BB&T, believes in a hard currency and no Federal Reserve.