The world inflation picture has changed in 2016. It is hard to note that without a wry smile as there was no shortage of so-called expert opinion that when inflation headed towards zero and in some cases to below it that sang along with REM. It's the end of the world as we know it.…
If rates are at zero, it demonstrates that there is zero confidence in the future of Europe.
Nearly a decade ago when the first housing bubble was taking off, cautious buyers lamented about the high prices in many coastal areas as they do today. “But real estate is the only way to get rich!” Okay. Then why not buy rental
As costs rise, globalization supplies defective, pirated parts, and fewer people care due to burn-out, more and more of everyday life falls into the category of "no longer works very well."
Earlier this year it was reported that a great many OPEC nations were on track to repay China in oil rather than “dollars.” Reuters had calculated that between $30 and $50 billion of prior loans were to be closed out
the longer this game continues, the more risk builds in the system & the broader the pain when it all comes crashing down.
The Office of the Comptroller of the Currency earlier this month sent formal letters to large and regional banks seeking information about sales practices and incentive-compensation structures following the Wells Fargo & Co. scandal, people familiar with the requests said.
Representatives of the U.S. Department of Justice have signaled recently that penalty imposition on Barclays Plc (BARC.L), Credit Suisse Group AG (CSGN.S) and Deutsche Bank AG (DBKGn.DE) may not conclude until closer to the arrival of the new U.S. administration in January, Sky News reported.
The world’s oldest surviving lender, the worst failure of Europe’s stress tests in July, said it would slash 2,500 jobs, reduce staff costs by about 10 per cent and close 500 of its 2,000 branches over the next three years.
confiscate their property over the alleged looting of Venezuela’s state oil company in what may amount to one of the biggest asset seizures in U.S. history.
Venezuelan President Nicolas Maduro made a surprise visit on Monday to Pope Francis, who urged the embattled leader to alleviate people's suffering and negotiate with the opposition to solve his country's crisis.
As if it was a scene taken from the blockbuster disaster movie, 2012, rivers of death and destruction flowed red for over 400 miles before emptying into the Atlantic ocean as Brazil suffered its worst ecological catastrophe in history.
Anti-establishment parties are gaining ground in the heart of the European Union, and they may pose a bigger challenge to the region’s economy than any of those that have drawn support in the periphery over the past years.
Why are China and Russia buying gold hand over fist? Mike explains in this free video.
indicates that dollar shortage concerns escalated in 2008, amid the global financial crisis. The increase since 2014, however, has been more persistent.
Steen Jakobsen, Saxo Bank chief economist, explains why Bank of Japan might be preparing the Japanese economy for helicopter money. An action which could spell a recession in 2017 in the US, and possibly the world.
...Refuses To Release Audit Reports & Gold Bar List...
As Subprime Issuance Soars. Credit-card lending to subprime borrowers is starting to backfire.
Mike looks at the ramp up in gold buying in the East, particularly China and Russia. And he digs into the Commitment of Traders report to see if the big commercial traders covered their shorts during the recent dip and what it means for gold prices in the near term.
The average monthly premium for the benchmark plan is rising to $302 from $242 in 2016