Precious metals are apparently waking up. And here is where you can find the best deals.
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Seven different climate-activist groups, including the Sierra Club, on Thursday raised questions about Powell’s renomination, demanding a stronger climate leader at the head of the central bank.
Asia Accounts for 99 Out of 100 Top Cities Facing the Biggest Environmental RisksMay 14, 2021 - 05:22:04 PDT
Indonesia's Jakarta was named the riskiest city globally due to severe air pollution as it also faces perennial threats from flooding and seismic activities.
Slow Population Growth Means Low Interest Rates Are Likely Here to Stay, Says JP MorganMay 14, 2021 - 05:17:32 PDT
As population growth continues to slow across the globe, it could have a major hit on real interest rates, according to new research from JP Morgan.
China Is Concerned About Inflation – but It’s Not the Top Priority Right NowMay 14, 2021 - 05:15:21 PDT
In its report on first quarter monetary policy, the Chinese central bank focused on how the foundation for the domestic economic recovery is not solid.
SILVER BULLTION TV SRSROCCO INTERVIEW: Energy Cliff Modern High-Tech Global Economy vs. Late Bronze Age CollapseMay 14, 2021
The world faces the same fate that took place during the Late Bronze Age Collapse... 3,000 years ago. During my interview with Patrick at Silver Bullion TV, I explained why the Global High-Tech Economy will be in serious trouble in the future. While many investors believe all our problems are due...
YOU'LL NEVER BELIEVE THIS: New York Shuts Down Indian Point Nuclear Plant & Replaces Power With??May 14, 2021
On May 1st, New York's Indian Point Nuclear Plant stopped producing electricity for good. While many environmentalists are happy with the closure of Indian Point, what is being used now to make up for lost power, is completely HILARIOUS. If you think New York has brought on either wind or solar power to...
In order to understand the effects of inflation it is helpful to understand that inflation is not a general rise in prices as such, but an increase in the supply of money which then sets in motion a general increase in the prices of goods and services in terms of money.
May 13, 2021 - 12:41:34 PDT
Standards of living have taken enormous leaps forward. Don't credit or praise the Socialists.
State of US Debt Slaves: Fed “Confounded” as They Pay Down Credit Cards, Other High-Interest DebtMay 13, 2021 - 12:31:53 PDT
Forbearance Effect: Serious delinquencies of mortgages & student loans plunge to record lows because delinquent loans in forbearance don’t count as delinquent.
The dollar held steady near week highs on Thursday after the U.S. Labor Department reported higher producer prices in April, further evidence that inflation is rising in the United States.
The April price surge can be explained away by economic aberrations, but the Covid recovery is sure to include other scary surprises.
It's not a good day for cryptos which after being hammered earlier on the Elon Musk reversal, just legged lower after a Bloomberg report that the world's biggest cryptoexchange Binance is under investigation by the Justice Department and Internal Revenue Service.
Interest Rates on New Federal Student Loans Will Rise by Nearly 1% As of JulyMay 13, 2021 - 11:37:47 PDT
The interest rates on federal student loans will rise by nearly 1% starting in July. Here's what else borrowers need to know.
More Than 1 Million Americans Will Lose Supplemental Unemployment Benefits in 14 StatesMay 13, 2021 - 11:26:19 PDT
More than 1 million people will see a loss or reduction in jobless benefits due to state withdrawal from federal unemployment programs.
"I don't understand why money is leaving my pocket and going into the pocket of somebody who is wealthy."
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen 4.2% since this time last year. This is the highest rate since 2008. Some economists say "don't sweat it." This economist says they're wrong.
Are short-term interest rates rising or falling around the world? In this infographic we show interest rates by country in 2021.
Gold bounced off a one-week low hit earlier on Thursday as the U.S. dollar and Treasury yields slowed their advance, bolstering the precious metal’s appeal.
Should the nascent trends in inflation and interest rates prove to be more than "transitory," it would appear that the gold price could be significantly undervalued.
This isn’t that great a reaction to numbers that could still prove transitory. But the reaction in stocks does demonstrate that they have been priced for perfection. If inflation does take root, they have plenty of room to fall further.