Precious metals are apparently waking up. And here is where you can find the best deals.
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Without gold or some stabilizing hard asset, bubbles are blown and entire generations are misdirected by irrational thinking that leads to wasted biological time and energy. It is unlikely you […]
We need a gold standard. For those (newer) readers who don’t understand why this is so, the explanation couldn’t be simpler. Among other virtues, a gold standard performs two, essential […]
Weak corporate earnings, a banking crisis, & the Brexit vote are forcing banks to prepare for the worst case scenario in the second half of the year. According to CNBC quoting a major lender, banks are "preparing for an economic nuclear winter situation."
A rise in the dollar is the key to the Sovereign Debt Crisis. Now, even the Bank of International Settlements is starting to warn that there are so many loans in dollars outside of the USA, which were originally to save on interest way back when, that a rise in the value of the dollar will cause a cascade failure in sovereign
QE, End of the Private Sector? Japanese Government Now Largest Shareholder of 474 Big CompaniesAug 29, 2016 - 07:12:04 PDT
The two biggest buyers of Japan Inc. are flying blind and don’t care.
The Bank of Japan could announce a “massive stimulus program” as the nation seeks to reach a 2 percent inflation target, according to UBS Wealth Management.
The World Bank will issue bonds denominated in Special Drawing Rights in Shanghai at the end of August marking a status boost for the Chinese yuan.
These extraordinary developments, the prospect of low or negative nominal interest rates for the foreseeable future, and the protracted period in which policy rates have been immobilized at or near the zero bound
If the IRS has its way, cash will be a thing of the past. In its place, every transaction will be digital, every purchase will leave a footprint.
Chairwoman Janet Yellen says the Fed could turn back to its use of unconventional programs to aggressively fight the next recession, including more bond purchases.
The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic paper presented on Saturday.
“Central bankers, we are increasingly talking about this, about the need for fiscal policy and other economic tools beyond monetary policy,”
Precious metals dealer & monetary historian Mike Maloney is quite confident the liquidity-driven 'recovery' created by the world's central banks is now over. In his estimation, the path ahead is one of accelerating descent into inevitable currency destruction.
The G-20 summit in China, starting next Sunday, is an opportunity to set the stage to work on an urgent & coordinated global economic stimulus in accordance with the rules of international trade adjustment.
Aug 29, 2016 - 05:39:24 PDT
On balance, there's reason for disappointment by what came out of Jackson Hole.
Last week I noted that the IMF has lost any hope of monetary policy alone lifting Japan out of its deflationary torpor, but Japan is not the only country where monetary policy has disappointed.
it is only a matter of time before the overall US housing market suffers as well.
There was another interesting development last night. An exceptionally high 20,966 Comex December contracts were exchanged for physical (EFP). EFP transactions happen all the time, but this was a JUMBO deal. […]
The counterparties to your S&P short and gold long can't pay up. Your money goes to money heaven and your wife runs off with the tennis instructor. Even your dog […]
Seasonally, gold is entering the sweet spot...