Precious metals are apparently waking up. And here is where you can find the best deals.
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Today's Civilian Employed would require 800,000 additional job holders to match its interim low in 2007, & we would need 1.7 million to match the lowest rate in 2000.
Wells Fargo reaches $185 million settlement to settle secret account fraud caseSep 8, 2016 - 11:08:29 PDT
Wells Fargo has reached a $185 million settlement with regulators and Los Angeles over bundled banking products.
The dollar is in crisis and only two real options remain... The effects of the new currency war have been dramatic... Jim Rickards reports...
Apple will integrate the Bitcoin wallet of Circle Pay in its revamped iMessage chat app to be rolled out with the iOS 10 update on September 13, due with the new iPhone 7
"There’s still very strong expectation for the yuan to depreciate."
Hanjin Shipping Co.’s financial and legal troubles have left as much as $14 billion worth of cargo stranded at sea, sending owners scrambling to try to recover their goods and get them to customers, according to industry executives, brokers and cargo owners.
Is US Auto Sales Data Fabricated: FBI Investigating Chrysler For Falsifying Monthly Sales ReportsSep 8, 2016 - 10:10:45 PDT
Meanwhile, credit quality has deteriorated as automakers have stretched to reach that incremental buyer.
Brazil Gives Borrowers With Record Debt a Lifeline: More Credit – Brazilian household debt has swelled to a record. The government has a way to help: Payday lending.
I'm very afraid right now and I'm not alone. My life changed radically in 2008. I have written about the government pulling the financial rug out from under retirees. Today I will venture into new, uncharted territory.
"Everything published on the internet, including any claims made by Zerohedge, are reckless, useless and incorrect..."
Today, central bankers are attempting to offset the growing global deflationary riptide by ‘inflation targeting’, i.e. using cheap credit and inflating the monetary base to artificially induce inflationary demand. So far, deflation is winning
The stock & bond rallies went flat in August as heavy Treasury supply created friction for increasing liquidity. There was also evidence that liquidity growth in Europe has stalled.
Turns out other price tiers may be at risk of contagion as lower-priced real estate is also starting to crash, at least in NYC.
Some at the U.S. Fed think the U.S. economy is in a rude health But the reality is different. In fact, U.S. companies are bleeding cash like there is no tomorrow
The most common statistic used to measure the size & growth rate of a nation’s economy is Gross Domestic Product (GDP). However, GDP as most commonly used can be a flawed measurement if one tries to infer that the size or growth of economic activity is well correlated to the prosperity of its people. Consider…
Sep 8, 2016 - 07:02:23 PDT
With round after round of QE, central banks have accomplished nothing but a reinforcement of already negative social mood.
The Fed is seemingly unaware of early signs of price inflation...
Repo rates, however, are still out of alignment with even LIBOR though eurodollar lending rates have been noticeably rising.
Heading toward the quarter end, this should be quite concerning rather than, like LIBOR, ignored or rationalized yet again as if it were welcome and expected.
If the global trade pie is no longer growing, expect a dogfight—knives and forks included—for every remaining scrap.