Precious metals are apparently waking up. And here is where you can find the best deals.
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geopolitically and economically the global situation is only going to become more unstable in the near term
Here’s some perspective on the U.S. national debt as it approaches $20 trillionSep 15, 2016 - 07:53:25 PDT
The U.S. national debt is closing in on $20 trillion. That’s $20 thousand billion. Or $20 million million. If you stacked 20 trillion worth of thousand-dollar bills, it would supposedly reach something like 1,200 miles high. If you lived to be 80 years old, you’d have to spend about $700 million a day to run out of money.
Is there more downside ahead? David Tice, Tice Capital, shares his bearish take on the markets following the latest Fed speak.
Several factors will keep the Fed on hold including the economy which is coming through a very weak patch, says Strategic Intelligence's Jim Rickards.
David Rosenberg - The World Is Turning More Inward, Insular and IsolatedSep 15, 2016 - 07:26:45 PDT
David Rosenberg try's to figure out what's going on in Janet Yellen's mind
There’s never just one cockroach. If you see one in the open, you know many more are still hiding. Call the exterminator. This time-honored rule also applies to banks. Last week, we learned that Wells Fargo (WFC), ostensibly the most trustworthy of the too-big-to-fail institutions, is not trustworthy at all. For years, [...]
Prosecutors allege that charismatic former leader was a key figure in the scheme.
Calling All Silver Bugs: Price Targets, and Last Call for the Greek WarriorSep 15, 2016 - 07:05:10 PDT
Calling All Silver Bugs: Price Targets, and Last Call for the Greek WarriorBy: Jeff Clark, Senior Precious Metals AnalystThere are a lot of ways to project how high the price of an asset might climb. One of the more promising methods for silver is to look at the gold/silver ratio during its biggest bull run ever.Gold and silver both peaked on January 21, 1980. The run-up had been tremendous for both metals. As most of you know, silver outperformed gold.
Clashes, tear gas in Paris as anti-labor reform protest turns violent (LIVE)Sep 15, 2016 - 07:03:42 PDT
Once again protest the government’s controversial labor reforms. Violent clashes with police were reported in Paris and Nantes where tear gas was used.
The crisis in the luxury goods sector has deepened with declining sales in key consumer markets.
Jean-Claude Juncker dismisses drunk claims ... while 'downing 4 glasses of champagne'Sep 15, 2016 - 07:00:46 PDT
President of the European Commission Jean-Claude Juncker dismissed claims that he is an excessive drinker… during a boozy interview.
This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis.
For some reason Alan Greenspan’s opinions are still taken seriously. No one single person has done more to damage the economic long run that his Keynesian training told him would never matter.
The ‘Nightmare Scenario’ Eurodollar: Even When Things Go Right They Go WrongSep 15, 2016 - 06:30:32 PDT
In many ways it is surprising the bond selloff hasn’t been bigger. After all, the recovery narrative of the unemployment rate has had almost everything going for it since February
Industrial Production Tumbles For 12th Month In A Row - Longest Non-Recessionary Slump In 100 YearsSep 15, 2016 - 06:26:31 PDT
But apart from that "everything is awesome" & cynical, skeptics that see this historic slump as weakness are simply unpatriotic.
Sep 15, 2016 - 06:12:19 PDT
As if Obamacare’s recent headlines were not damning enough, we find out today [Monday] that the Obama administration continues to fail the test when it comes to enrollment verification
At least the Empire Fed narrative did not try to spin the situation, admitting that "Business Conditions Remain Weak"
Retail Sales Growth Tumbles To 6 Month Lows, Stuck In Recession TerritorySep 15, 2016 - 05:56:15 PDT
a drop in gasoline spending along with a tumble in 'retailers' down 2.4% MoM and sporting goods weighed the overall index down.
Initial Jobless Claims Confirm Hillbama's "Everything Is Awesome" Meme; But...Sep 15, 2016 - 05:54:27 PDT
actual activity, Fed data, and business expectations of employment are all deteriorating - as claims hovers at 42 year lows. What's wrong with these pictures?
On This Day Eight Years Ago Lehman Filed For Chapter 11 - There Have Been 672 Rate Cuts SinceSep 15, 2016 - 05:52:46 PDT
A phenomenal statistic and that's before we even get to unconventional measures.