Precious metals are apparently waking up. And here is where you can find the best deals.
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U.S. prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution.
The former French president is accused of using illegal financing during his failed 2012 election campaign, which allegedly raised £33million - nearly double the £18.5million limit.
Italy to propose Eurozone joint unemployment insurance scheme La Repubblica reports that Italian Finance Minister Pier Carlo Padoan will later this month submit to his Eurozone counterparts a draft plan for a joint unemployment insurance scheme. Eurozone countries would contribute gradually to the tune of 0.5% of their GDP […]
The record of the 1900s is more familiar, but there are some who believe that interest rates during the Great Depression had declined to zero.
Despite the previous failures of institutional “wars,” a new war on cash is being waged that threatens freedom in a more subversive way than ever before.
Jim Willie says the bond market is broken and could blow at any time...
You saw how China treated Obama at the G20 vs. Putin. The writing is on the wall on the for the dollar and the U.S. If the big Central Banks […]
The U.S. financial system is in serious trouble and this one chart confirms it. Investors who understand the negative consequences of this chart would be buying physical gold hand over fist.
The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining…
Comparing This Gold Bull Market to Those of the Past Is Invalid - Bill HolterSep 6, 2016 - 15:27:21 PDT
We are 7-8 years into a monetary experiment that has never been done before. In previous bull markets we weren’t looking at the potential end of the financial system as we know it.
Switch to gold and silver if you are intellectually honest about the impossibility of repayment of global sovereign debt without hyperinflation, while realizing that central banks and governments believe it is necessary to further increase sovereign debt to even more insane levels.
The Federal Reserve and in particular fiat money ruins the incentive to save for a better future. Half of all Americans have zero dollars in a savings account and another 20% have less than $1,000.
What does the beginning of an economic collapse look like? Do you see grocery stores closing? Do you see other retailers, like clothing stores and department stores, going out of business? Are there
Lew, Schauble discuss importance of using all policy tools to support growthSep 6, 2016 - 14:40:19 PDT
In a meeting on Monday,U. S. Treasury Secretary Jack Lew and German Finance MinisterWolfgang Schauble discussed the importance of the G20 makingrobust use of all policy levers -monetary, fiscal and structural- to achieve strong, sustainable and balanced growth, accordingto a Treasury statement.
Chinese President Xi Jinping said leaders will put in place guidelines on global investment and explore structural overhauls, acknowledging the need for new measures to prop up the global economy amid growing resentment of globalization.
After the last week’s lackluster jobs numbers were reported, gold futures got a big jump, halting a weekly decline. After the Bureau of Labor reported only 151,000 jobs were added last month, investors sought a safe haven in the yellow metal while hopes of a September rate hike were all but squelched.The gold spike halted a weekly loss fueled by two weeks of so-called “hawkish talk” from Janet Yellen and other monetary policy makers.
We see increasingly desperate measures to keep the global credit ponzi scheme from its inevitable conclusion.
Sep 6, 2016 - 14:25:03 PDT
If you want to see what baby boomers are buying, just watch the commercials on 60 Minutes. This is a much older audience that isn’t buying new homes. Many already own homes. Yet they bought during
Today completes the business surveys which will give us our best indication so far about economic life so far in the UK post the leave the European Union vote. Of course Brexit has not actually happened but some things have changed in response to its likelihood and the Bank of England's policy changes. Financial markets…
The euro zone's economic recovery is unsatisfactory and fresh efforts are needed to strengthen growth, particularly since trust in national and EU political institutions is low, European Central Bank Executive Board member Yves Mersch said.