Next to Donald Trump’s economic policies, one of the most spirited economic debates at the moment involves which direction the dollar will move in the coming months. While Goldman Sachs is predicting the dollar and euro will reach a value equivalency by Q4 of 2017, other analysts see the greenback trending downward next year.The dollar has risen 4.4% against the euro and 2% against a basket of world currencies since Trump’s win on November 8, according to Fortune. Big moves within securities and bonds markets since Trump’s victory are creating a general sense of uncertainty, making predicting anything a difficult task.But for market veterans like Jim Paulsen of Wells Capital Management and Peter Schiff of Euro Pacific Capital, the dollar’s demise is clear given inflationary anticipations mixed with short and long-term interest rate increases.
GATA's Bill Murphy joins Silver Doctors to Expose “the biggest intervention in all the financial markets in U.S. history...”
The man who blew the whistle on big bank gold manipulation to the CFTC explains the ONLY thing that can stop it:
Corruption has skyrocketed. So has gold. People are now converting whatever they can into gold, & silver which are trading at huge premiums. Money is also moving out of the […]
Gordon T. Long, explain's to with detailed slides what's really under the hood of the Fed's stat's in simple terms.
You may never get another opportunity to buy gold at this level again...
“We Americans are the ultimate innocents. We are forever desperate to believe that this time the government is telling us the truth.”—Former New York Times reporter Sydney Schanberg
A little warning for you tonight. Tomorrow is options expiry for the comex contract. The OTC and LBMA options expiry on the 30th of November. Thus we are in options […]
Well, dear cashless friend, congratulate yourself. You are doing exactly what your government wants you to do.
The relative wealth of Americans in all age groups keeps falling, compared with previous decades.
for the first time following a 44.82 percent depreciation in the last month....
By our estimate, we have about $35 trillion in excess debt. It’s a ‘debt bomb’ that will probably blow up in Mr Trump’s face.
US President-elect Donald Trump campaigned in part on a proposal to cut taxes dramatically for those with high incomes, a group whose members often have elite educations as well. So why did his most enthusiastic support tend to come from those with average and stagnating incomes and low levels of education?
As we noted previously, each time the bond market has crashed in the last few decades, a financial crisis has quickly followed.
Instead of slowing down and enjoying life, he’d been working harder than ever to earn less than ever, with very little time left over to build a personal life for himself.
Update on 'Essential Politics: 'Calexit' movement launches, all eyes on state Senate vote count'
Steve Eisman saw the last crash coming and was portrayed in an Oscar-winning film. Now he believes Europe’s banks, especially Italy’s, are at risk
The holiday season is officially upon us, which means Americans will soon be feeling extra charitable.
Our calculations suggest that 140,900 adults worldwide can be classed as UHNW individuals, with net worth above USD 50 million. Of these, 50,800 are worth at least USD 100 million, and 5,200 have assets above USD 500 million. The total number of UHNW adults is about 3% higher than a year ago (4,100 individuals),
It has taken a staggering amount of stimulus since late 2008 (doubling The Federal Public Debt), The Fed's zero interest rate policy/QE policies and a decline in the 30 year mortgage rate from 6.41% to around 3.50% ... to get existing home sales back to 2002 levels. The number of sub-$250,000 home in the West is…