The recent Federal Reserve rate hike was supposed to assure us that the US economy is improving. But as we’ve shown, the actual economic data just doesn’t back up the optimism. At best, the economy remains tepid, and Peter Schiff has argued that it is likely heading toward another recession. As a result, Peter doesn’t believe the rate hike will stick, and a lot of mainstream economists agree.Now we have fresh evidence of another millstone hanging around the economy’s neck that doesn't bode well for Fed policymakers – Obamacare.According to a new study, the national health insurance program is taking a big bite out of customers’ wallets. It appears the so-called Affordable Care Act is anything but affordable. CNBC summarized the study’s findings this way:
The price of gold has see-sawed since the Federal Reserve raised interest rates on Dec. 16, and market experts debate if the action is good or bad for gold. Rob […]
"Gradual rally into year end", along with "sell the rumor, buy the news" regarding the Fed rate hike, has been our mantra since we saw that November price smash coming […]
May the Silver Force Be With You...
It is the kind of thing that you would do if you were trying to bring down the global financial system on purpose.
When will time re-engage and extinguish the current illusion?
Think going cashless is just about convenience?
Amid all the controversy and endless Twittering of the Miss Universe SNAFU, it was easy to miss something far more important out of Colombia:
Swiss Sovereign Money Initiative would require private banks to hold 100 percent reserves against their deposits. Initiative launched by the Swiss Association for Monetary Modernization would outlaw fractional reserve banking.
If indeed this crazy story which has every possible James Bond element in it culminates with a case of scapegoating, does that immediately mean that Sheikh Sultan Bin Khalifa, a […]
The main economic news of the week was related to digesting new U.S. economic data in the aftermath of the Fed’s rate hike the prior week. Interest rate hike deniers […]
COT report from last week remains bullish for gold, and slightly less so for silver. My guess is that's still the case today. If oil continues to move higher, we […]
Following the yellow brick road leads us deep, very deep inside the rabbit hole...
The stock-market outlook in 2016 is riddled with great uncertainty following the Fed ending its 7-year-old zero-interest-rate policy. With the first rate-hike cycle in nearly a decade just getting underway, […]
Are we witnessing the beginning of the end for confidence in The Fed and the entire financial system? Grant Williams makes the case...
If you cannot grasp the root motivations of the Fed, then you will become cognitively crippled in your struggle to see the next pitfall in the near-term economic future.
In a solemn sermon at the Vatican, Pope Francis has announced that Christmas this year will be a “charade” due to the fact that the globe is currently engaging in […]
In this MUST WATCH interview with Stefan Molyneux, Mike Maloney warns that The Biggest Economic Crash in History is just around the corner- will it launch gold towards Sinclair-like numbers […]
Obama signs law to INCREASE the silver content of US Mint coins??
Is this "the death sentence for the US Dollar"? Jim Willie EMPHATICALLY makes the case: