Gold has all the potential to go unprecedentedly high. But silver will be gold on
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U.S. to Expand Troop Presence in Taiwan for Training Against China ThreatFeb 23, 2023 - 05:18:12 PST
As tensions with China rise, about 100 and 200 troops will be deployed to bolster a training program for the island’s military.
At G20 Meeting, Yellen Steps up Calls for Increased Economic Aid to UkraineFeb 23, 2023 - 05:16:38 PST
U.S. Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to Ukraine to help it battle the year-old Russian invasion as the United States readies an additional $10 billion in economic assistance in coming weeks.
U.S. stock futures scrambled higher ahead of the open Thursday as Wall Street looked to rebound after four consecutive days of declines for the S&P 500.
Pictet Chief Strategist Luca Paolini says that while there’s a lot to be negative about these days, things aren’t as bad as they seem—even in the UK.
By owning gold, investors are not necessarily hedging against a government default but ironically betting the Fed will increasingly misuse monetary policy to help the government avoid defaulting. That may not be the exact thesis gold investors signed up for, but there is ample evidence linking gold prices to Fed behaviors, as I will share.
What will the next run in precious metals entail? How could it play out, according to the same metrics that can be used to measure what happened in the 1970s? Mike Maloney recently appeared on the Wealthion YouTube channel to discuss his new book, The Great Gold & Silver Rush of the 21st Century and to explain what he sees coming.
Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction.
Feb 22, 2023 - 12:13:23 PST
Joe Biden is all too much like not only his predecessor, but the guy before him, and the whole institution going back generations.
Biden Slams Putin's New START Suspension As "Big Mistake"; State Duma Ratifies DecisionFeb 22, 2023 - 12:11:40 PST
n Wednesday remarks from Warsaw, President Biden addressed Putin's decision to suspend Russian participation in the New START nuclear arms control pact, announced the day prior.
No ‘Soft Landing’ Is in the Cards From Fed Rate Hikes. Look For Recession: MWFeb 22, 2023 - 12:03:19 PST
Many of the market's high-flying stocks were built on the Fed's easy money. That bill is coming due.
Many Commercial Mortgage-Backed Securities received inflated ratings from rating agencies due to the phenomenon of “ratings shopping.”
1 in 6 Retirees Are Mulling a Return to Work. What to Consider Before ‘Unretiring'Feb 22, 2023 - 11:58:59 PST
Top reasons given for thinking about employment include needing the money and boredom, according to the new report.
The number of Americans who live in multigenerational family households is about four times larger than it was in the 1970s, while the number in other types of homes grew by far less. The share of the U.S. population living in multigenerational homes more than doubled over the past five decades.
ALL IN: The Federal Strategic Plan to Prevent and End Homelessness...
The Fed holds interest rates to be its primary control valve, with lower ones providing a stimulus to the GDP and higher ones a brake. Self-evidently, therefore, interest rates below the inflation level are a stimulus because they amount to economic subsidization of debt, and the spending or investment which results.
FOMC Minutes Suggest Fed Fears Financial Conditions Decoupling, Warns Of Equity ValuationsFeb 22, 2023 - 11:20:21 PST
Since the last FOMC meeting (on Feb 1st) when Chair Powell dismissed any fears about loosening financial conditions, prompting a panic-bid in stocks, financial conditions have done nothing but tighten as the FedSpeak along with 'good' economic news has nuked the 'Fed pivot' narrative...
A dispute over oil has shown how countries are willing to push back against the US...
Feb 22, 2023 - 08:35:43 PST
Russia sold 1.66 million barrels a day of crude and fuel oil to China last month, Kpler found, its highest volume since invading Ukraine last year.
China Says Ready To "Join Forces With Russia" To "Defend National Interests" As Putin Confirms Xi VisitFeb 22, 2023 - 08:17:01 PST
Despite all latest among Washington's repeat warnings to Beijing against strategic or military cooperation with Moscow, China is now pledging to "join forces" with "like-minded" partner Russia to defend national interests. The statement came by the close of the first day of the director of the Office of the Foreign Affairs Commission of the Communist Party of China’s Central Committee Wang Yi's trip to Moscow.
The New York Times quite dramatically frames the meeting as follows at the opening of its reporting: "If Russian President Vladimir V. Putin were to order tanks into other European countries, the nine nations along NATO’s eastern flank would be the likeliest targets."