Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Dec 17, 2021 - 13:13:25 PST
The shift to risker and less liquid assets strengthens the case for an allocation to gold, given its unique combination as a highly liquid diversifier, that can reduce portfolio volatility.
What’s ahead for the gold price next year? Analysts share their thoughts on the gold outlook for 2022 and key factors to watch.
A giant tsunami of debt has hit the world amid the pandemic with borrowings gone out of control.
The world is staring at a giant pile of debt worth $226 trillion in total. It is the biggest surge the world has seen since World War-II. All kinds of people worldwide owe debts - governments, households and corporates. However, the biggest surge comes from public debt that's the money that governments borrow.
Starting in 2010, a new wave of debt accumulation—the “fourth wave” of debt—had been underway in emerging market and developing economies (EMDEs, Figure 1). With the sharp increase in debt during the COVID-19 pandemic, the fourth wave of debt has turned into a tsunami and become even more dangerous. The tsunami of debt has amplified the difficulty of...
Dec 17, 2021 - 12:30:35 PST
Democrats dropped the ball on student loans. That's going to haunt them.
Counting on the Fed, Congress Let Debt Grow Twice As Fast as the Economy: WSJDec 17, 2021 - 12:19:56 PST
The Federal Reserve Banks’ stockpile of publicly held Treasury IOUs exploded from $476.3 billion in the third quarter of 2008 to $5.91 trillion in this year’s third quarter—that is, from 7.5% to 25.3% of GDP. In the same period, the federal debt grew from 67.3% of GDP to 122.6% of GDP. It seems doubtful that it would have been so easy for Congress to have let the debt grow twice as fast as the economy had it not been able to count on such an accommodating central bank.
Dec 17, 2021 - 11:41:56 PST
Senate Passes Massive $778 Billion NDAA. The bill was already passed by the House and will now be signed by President Biden to become law by Dave DeCamp
So, as Shakespeare wrote, “double, double toil and trouble.” Could 2022 be, “like a hell-broth boil and bubble”? Stay tuned to deflation.com to keep ahead of the herd.
It turns out inflation is not "transitory" after all. It's much worse! But should anyone be surprised, considering the Fed has created more new dollars than at any other time in history? The Fed is yet another example of the "failure of the experts." America was meant to be a land of individual liberty, not a land of ruling "experts." The economic problem can be fixed with sound money and free markets.
The liberals pushed for this change at the time for several reasons. The liberals believed that the CGS would facilitate globalization and international trade while reducing so-called transaction costs. The CGS also created a more transparent monetary system in the sense that national currencies were explicitly tied to specific amounts of gold.
Going to all cash in your portfolio to avoid a crash can be just as costly as the crash itself. A recent CNBC article quoted a $200 billion money manager suggesting “every stock market investor should be ready to go to cash.”
Let's discuss alleged brain control technology and how brain control really works in practice.
Russia Issues List of Demands It Says Must Be Met To Lower Tensions in EuropeDec 17, 2021 - 09:40:52 PST
Russia has put forward a highly contentious list of security guarantees it says it wants the west to agree to in order to lower tensions in Europe and defuse the crisis over Ukraine, including many elements that have already been ruled out.
His approach to the economy is already causing prices to rise. It will soon stifle growth as well.
The Nasdaq Composite Index dropped 385 points yesterday for a loss of 2.47 percent. At the lows of the day, it was down 446 points at 15,119.49. That compares with a loss of just 29.79 points on the Dow Jones Industrial Average or 0.08 percent.
JPMorgan Hit With $200 Million Fines for Letting Employees Use WhatsApp To Evade Regulators’ ReachDec 17, 2021 - 07:44:24 PST
Regulators announced Friday that JPMorgan Securities admitted to bookkeeping failures and agreed to pay $200 million to settle the charges.
The future of bitcoin is anyone's guess, but one academic has warned that the world's most popular cryptocurrency could fade out in the near future.
Dec 17, 2021 - 07:35:22 PST
What Will 'Build Back Better' Buy? Inflation.
Hackers have made off with billions of dollars in virtual assets in the past year by compromising some of the cryptocurrency exchanges that have emerged during the bitcoin boom.
President Biden’s $2 trillion climate and social spending bill, which appeared to have strong momentum when it passed the House a month ago, now appears to be in real danger of collapsing in the Senate.