Gold has all the potential to go unprecedentedly high. But silver will be gold on
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"Our Jeff Clark participated in a panel at VRIC with Rick Rule and Brent Cook. They discussed gold's weakness, and will Jeff end up shaving Rick Rule's head? Note: Jeff discusses some stock picks in this video and they should not be considered advice."
Jun 3, 2022 - 13:00:31 PDT
Archaeologists were called in when a worker stumbled across a number of strange artefacts in Africa, leading to what may be one of the most significant shipwrecks ever found.
Jun 3, 2022 - 12:57:47 PDT
Four tonnes of Nazi gold have been found in the grounds of an abandoned palace in southern Poland, say WWII treasure hunters.
Architect of a school of economic thought regarded by many as just a notch above quackery, John Maynard Keynes of Britain once called the gold standard a “barbarous relic.” An honest and time-honored medium of exchange such as gold (or paper money redeemable in gold) stood in the way of Keynes’ snooty preference for lots of government spending and easy money.
Financial officials wrestle with prospect of stagflation, energy shocks, food shortages and debt crises among developing nations.
Mark Spitznagel is paid to be prepared for when the market’s weakest links are exposed in a big way.
A fascinating aspect of the financial markets is that long-term returns are driven almost entirely by math, while short-term returns are driven almost entirely by psychology. It’s useful to consider both.
Dear president Biden: It's not possible to pay down debt while incurring deficit spending.
Moreover, the national debt will actually rise more than the deficit because accounting gimmicks understate the true deficit.
Global elites representing business, politics, big tech, media, and academia are now in Washington, DC, for the 68th annual meeting of the Bilderberg Group.
When that happens, the U.S. dollar will plunge and the dollar price of gold will soar. Currency wars don’t end quickly. They do take time to play out. The U.S. is propping up the world today with its strong dollar approach because policymakers think we can afford it.
Earlier, we reported on the deranged, confused, false ramblings of a senile old man who is so out of his depth in running the world's biggest economy, the catastrophic results will soon be obvious to even his most die-hard fans. Now, it's time for his nemesis on the world scene, Russia's Vladimir Putin to respond.
Biden Gives Bizarre Inflation Speech Full Of Obvious Lies: "Is This Real?"Jun 3, 2022 - 11:45:57 PDT
On Friday, President Joe Biden stood in front of the world and regurgitated so many lies that one has to wonder if his speechwriter borrowed Hunter's pipe.
The factory of the world is shutting down in stages.
Roubini said there is a third worse possibility where the Fed “wimps out” by not tightening enough and ends up like the 1970s with stagflation — high inflation during a recession.
Jim Bianco joins Fox Business to discuss the Fed unwinding the balance sheet, Janet Yellen and DeFi...
U.S. Car Sales at ‘Recessionary Levels,’ As Inflation, Rising Interest Rate Concerns Increase: MWJun 3, 2022 - 09:14:26 PDT
U.S. new-car sales dipped below an annualized 13 million vehicles in May, prompting analysts at RBC to say they are at “recessionary levels,” although demand is still heated and auto makers offer few if any incentives to those looking to buy a new vehicle.
Gas prices have skyrocketed to record highs, forcing some families to choose between filling their tank and putting food on the table. But for the oil execs whose stock holdings have soared, these are happy days—and some of them are cashing in their shares at unusually high rates.
Current and former energy officials tell CNN they worry that Russia's invasion of Ukraine in the wake of years of underinvestment in the energy sector have sent the world careening into a crisis that will rival or even exceed the oil crises of the 1970s and early 1980s.
More than half of US small-business owners said they had open positions they could not fill in May, matching the record set in September and highlighting persistent hiring difficulties for firms in an extremely tight labor market.
Initiated by monetarists, the debate between an outlook for inflation versus recession intensifies. We appear to be moving on from the stagflation story into outright fears of the consequences of monetary tightening and of interest rate overkill. In common with statisticians in other jurisdictions, Britain’s Office for Budget Responsibility is still effectively saying that inflation...