The pound fell for a fourth day, with the currency’s precipitous slide leaving strategists racing to revise down their longer-term forecasts.
with Goldman Sachs Group Inc. warning that a rising amount of capital is exiting the country in yuan rather than in dollars.
Mike shows you 4 alarming charts that puts the enormous amount of debt the USA has packed on during Obama’s two terms in perspective. It's a huge part of Obama's legacy no one is talking about...
Mike talks about the velocity of money and how it was discussed in his newly released Episode #7 of his popular Hidden Secrets of Money video series.
All kinds of officials are fretting about the dangers of the housing bubble in China that has been fueled by easy credit that officials have made available last year to stop the implosion of the prior housing bubble.
The Millennials, the Bitter Irony!
It doesn’t seem that many have gotten the memo though. Houses are being thrown up and purchased like it was 2005 all over again. We’re not at the bubblemania stage yet, but we strongly feel it is not far around the corner
The grand prize for lowest homeownership rate in the US goes to ... Los Angeles! With less than 50% homeownership rate (46.50% compared to 62.9% for the US as a whole). Meanwhile, Los Angeles has rapidly growing apartment rents, much like the rest of the US. Los Angeles certainly does have some hefty rents for…
Just when you thought the public floggings were over and another US bank proved that crime pays, it appears Wells Fargo - and its CEO - may not be as 'Teflon' as they hoped.
Relations between Moscow and Washington - already at their lowest since the Cold War over the Ukraine conflict -- have soured further in recent days over...
In @ 11:59 of the second half, Max interviews Jim Rickards, author of The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis.
There’s no reason… there’s not even a propaganda meme of why gold has been smashed… there isn’t even a such thing as negative news for precious metals anymore. So what […]
In a survey of 19 central bank reserve managers, the WGC found that close to 90 percent of them have plans either to increase their gold reserves or maintain them at current levels.
GATA’s – Bill Murphy sits discusses 1) Current state of the Silver Market 2) Future of the Silver Market 3) What actions investors need to take now! 4) Why i…
The news that flows from the Mainstream media continues to delude Americans from understanding the reality and disaster that is heading our way. A perfect example of this took place last week when a small oil company announced a new huge oil discovery in Alaska.
Put simply, current market conditions are associated with small potential returns and enormous latent risks across nearly every asset class. The combination of extreme valuations, weak prospective returns, and emerging risk-aversion suggests that market losses could unfold abruptly
The Expert Analyst Who Was the First to Sound the Alarm Regarding the Collapse of Deutsche Bank Has Issued a New Warning: The Economic Collapse Is ACCELERATING...
He further notes that the debt bubble which was not eliminated during the financial crisis of 2008, has since grown to staggering proportions, & notes that "the biggest issue is that there is only so much one can squeeze out of a debt cycle and most countries are approaching those limits."
Rogoff views the world as a giant chess game, and we are mere pawns in the all-knowing monetary mandarins’ game.However, all of the public safety blather is mere eyewash.
In sum, currently there is still more evidence suggesting that there is more risk than reward in the overall market.