Precious metals are apparently waking up. And here is where you can find the best deals.
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Aug 24, 2016 - 11:10:34 PDT
George Orwell's classic novel 1984 described a nation engulfed in continuous warfare. That dystopian vision is growing remarkably similar in the current economic reality
The most critical element of the BREXIT is that it is THE closing bell being rung on the period of Centralization from 2009 to today.
Aug 24, 2016 - 10:45:13 PDT
The M1 Money Multiplier is the ratio of M1* to the St. Louis Adjusted Monetary Base and it has been below 1.0 since June 2009, the end of The Great Recession (at least according to the NBER). The culprit? The massive increase in excess reserves. What does a M1 Money Multiplier less than 1.o indicate? For every…
Aug 24, 2016 - 10:39:17 PDT
Unfortunately, existing home sales are only back to 2001 levels. That dang credit bubble really took the wind out of the sails of the US economy. And nothing has been the same since.
The corresponding bad news is that whatever you dislike about the labor market can't really be blamed on the Great Recession any more.
Rubino gives his view on what the Fed may do with interest rates, says they want & need to raise rate but either scenario leads to a financial crisis.
Michael Oliver gives the latest on his technical readings for gold, T-Bonds and other market indicators.
*Breaking: China & BIS Negotiating Deal to Settle Global Contracts in GOLD at $5,000/oz! - Jim WillieAugust 24, 2016
Has the END-GAME Begun? BIG NEW DEVELOPMENT ON GLOBAL FRONT Chinese finance officials and the Basel-based BIS are NEGOTIATING A GLOBAL REFORM OF ALL BILATERAL CONTRACTS. They strive to alter […]
The greatest global economic threat is deflation and a lack of global demand. Of course, the solution to that is more printed money for bankers in the form of economic stimulus. The reality, is quite the opposite. Oil prices are up 47% in 2016. Health care
The impending nosedive in the growth of potential buyers vs. surge in elderly (those more likely to downsize or out-right sell than buy) should be quite disconcerting considering:
All eyes in the Western gold community should be watching Janet at Jackson Hole on Friday, and all hands should be on the gold stocks buy button!
it really doesn’t take much effort to see why rising liquidity risk should be taken at face value long before getting into cross currency basis swaps and Asian “dollars” destroyed by BoJ and ECB NIRP. For the third time today:
THE most dramatic moment of the global financial crisis of the late 2000s was the collapse of Lehman Brothers on September 15th 2008. The point at which the drama became inevitable, though—the crossroads on the way to Thebes—came two years earlier, in the summer of 2006.
Aug 24, 2016 - 07:38:05 PDT
A home equity lines of credit (or HELOC) is a loan, using your home as collateral, that lets you borrow up to a certain amount, rather than a set dollar amount. A HELOC acts like a credit card: It has a credit limit, and you can borrow against it, pay all or part of the balance,…
Aug 24, 2016 - 07:33:16 PDT
The weekly mortgage applications survey results are out for last week and they show that applications fell -2.11% Week-over-week (WoW). Hey, it is August! Mortgage purchase applications often peaked in April or May and then begin the long slide down until the end of the calendar year. The trend in mortgage purchase applications can be…
Existing Home Sales Crush Recovery Narrative, Plunge Most Since Nov 2015Aug 24, 2016 - 07:30:23 PDT
The blame for this collapse - according to NAR's Larry Yun - is "frustratingly low inventory levels."
Trends forecaster Celente has been predicting a financial panic in 2016. “I believe we are very near an inflection point coming up very soon. . . .
Global financial system is broken. It’s common knowledge among the people who are forced to operate inside of its rules on a daily basis.
Indeed the force of the negative rate tsunami is so great that there are flickerings of them reaching the UK as well
Bank of England had to pay up to prise long-dated bonds from reluctant investors in an auction for its relaunched quantitative easing scheme.