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The economic data indicates that the US economy is already in a recession. The Biden administration wants you to think otherwise, and the White House has come up with an interesting way to deny the recession reality. Just change the definition of a recession.Peter Schiff appeared on the Ingraham Angle with Lauren Ingraham to talk about this White House spin.
SOMETHING BIG IS HAPPENING IN THE SILVER MARKET: The Calm Before The Tidal Wave Of Investment DemandJuly 27, 2022
There are some very interesting things taking place in the silver market. One rumor is that a Texas Billionaire has purchased $50 million worth of Silver Eagles. Well, it wasn't quite that much as a recent interview explains that it was half investing in gold and silver. Also, we are seeing a lot of silver leave the LBMA inventories...
Some days, the media acts like a recession is impossible… And some days, they act like we’re already in one. Which one is it? In this week’s video, best-selling author Mike Maloney of GoldSilver.com tries to answer that question.
Jul 26, 2022 - 12:36:25 PDT
Making this situation even more dangerous, the bank has admitted to five criminal felony counts over the past eight years and a multitude of civil crimes and multi-billion dollar fines — all during the tenure of Dimon. Neither Congress nor federal regulators nor the Justice Department that brought those felony counts has demanded that Dimon be replaced.
Jul 26, 2022 - 12:31:32 PDT
Elliott Wave International's Head of Global Research, Murray Gunn, explains that as debt-deflation expectations rise, central banks are changing their tune.
Elliott Wave International's Head of Global Research, Murray Gunn, warns that a price deflation pulse is coming.
Tentacles of China’s Collapsing Property Developers Reach Deep into US CitiesJul 26, 2022 - 12:26:14 PDT
As the condo market is going south on you, you can always try to sell the tower to an investor to convert to rental apartments. But that’s tough too.
Jul 26, 2022 - 12:20:37 PDT
It's important not to confuse new homes for sale under construction with homes under construction.
It's not a recession nor even a rough patch. The US economy is great thanks to Biden but no matter what happens, it's all the Fed's fault.
Biden To Sell Additional 20 Million Barrels Of Oil From Strategic Reserve Just Ahead Of The MidtermsJul 26, 2022 - 10:47:13 PDT
Over the past three months, the Biden admin - desperate to lower the price of gasoline and avoid a crushing defeat for the Democrats in the midterms - has been selling roughly 1 million barrels a day from the Strategic Petroleum Reserve, which has been drained by 125 million barrels so far in 2022, with nearly 70 million barrels already delivered to purchasers including several million going to China
Here we go again...The Biden Administration is trying to change the definition of a recession. We just went through multiple redefinitions of words during the Covid fiasco. Is this how government is supposed to operate? Just make it all up as you go along?
Nearly Half of All Americans Are Falling Deeper in Debt As Inflation Continues To Boost CostsJul 26, 2022 - 10:41:44 PDT
With inflation hitting a 40-year high, Americans are struggling to keep up with rising prices and putting less money aside for emergencies, several studies show.
Four in ten adults said it has been somewhat or very difficult to cover usual household expenses in a poll conducted end of June and early July. That’s the highest since the Census started asking the question in August 2020. It implies that more than 90 million families are struggling, up from about 60 million a year ago.
A day after Walmart warned investors that its profit would shrink as rising prices forced shoppers to make fewer purchases at its stores, Unilever, the consumer goods giant whose products line retailers’ shelves, reinforced the message.
Jul 26, 2022 - 08:45:14 PDT
Stunning new revelations broke just hours ago, after the Wall Street Journal dropped a bombshell of a report, summarizing that a Congressional investigation that found: China tried to build a “network of informants” at the Central Bank...
India International Bullion Exchange which will facilitate efficient price discovery with assurance of responsible sourcing and quality, apart from giving impetus to financialisation of gold in India
Net imports stood at 40.563 tonnes in June, compared with 8.281 tonnes in May, the data showed. Total gold imports via Hong Kong jumped nearly 208 per cent to 43.587 tonnes. China is the world’s top gold consumer. REUTERS
Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country's unstable currency.
Jul 26, 2022 - 07:35:29 PDT
Forget about "risk of recession", it's already here. Jerome Powell’s Fed Pursues a Painful and Ineffective Inflation Cure...
Biden is bragging about lowing the price of gasoline by trivial amounts, something he had nothing to do with. He has declared a "climate emergency" but has increased the amount of ethanol in gas, contributing to smog, and is pondering butane which is even worse.