Precious metals are apparently waking up. And here is where you can find the best deals.
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I'm not trying to be difficult, but I can't help cutting against the grain on topics like surviving the coming bad times when my experience runs counter to the standard received wisdom.
The year-over-year comparisons in March, April, and May are going to show huge percentage year-over-year jumps, especially April and May due to comparisons vs. the initial pandemic numbers in Spring of 2020.
Democrats are trying to figure out how to pay for the Covid bill they just rammed though with no Republican support.
The Wolf Street Report: Market Manias Galore, But Long-Term Interest Rates Smell a RatMar 15, 2021 - 08:56:02 PDT
These manias and the rising long-term yields are on collision course.
What’s Behind the Huge Spike in Reserves, a Liability on the Fed’s Balance Sheet?Mar 15, 2021 - 08:53:47 PDT
The New Regime at the US Treasury Department.
After the rampant inflation of the past year, deflation might be on its way. As the chart below shows, the Federal Reserve has deliberately inflated the money supply in the United States over the past year at the fastest rate in history.
Mike Maloney recently made two changes to his personal portfolio - find out what actions he has taken in today's Insider Action Alert.
The dollar gained for a second consecutive session on Monday as traders cut their bearish dollar bets to four-month lows on rising U.S. Treasury yields ahead of key central bank meetings.
The Bank of Russia is considering moving faster than previously signaled to tighten monetary policy and may bring its key interest rate up by 125 basis points or more before the end of the year, according to a person with knowledge of the discussions
Brazil's 2021 Inflation Outlook Surges to 4.6%, Well Beyond Central Bank TargetMar 15, 2021 - 07:50:13 PDT
It was the tenth rise in a row, and was accompanied by a further increase in the average forecast for official interest rates at the end of this year, by 50 basis points to 4.50%.
Ned Davis Research estimates that a 2% yield in the US 10-year bond could lead the Nasdaq to fall 20%, and with it the entire stock market globally. A 2% yield can cause such disruption? How did we get to such a situation?
The word “bubble” is tossed around quite a bit in the financial markets, but it’s rarely used correctly. See, the thing that defines a bubble isn’t that valuations are extremely high, or that expected returns are extremely low. Instead, what defines a bubble is that investors drive valuations higher without simultaneously adjusting expectations for returns lower.
With the world connected to instantaneous data flows with high-frequency trading and algorithms, payment for order flow is fleecing retail investors.
I have been writing for many years that the US in particular and the Western “developed” world in general were approaching a time where none of our choices would be good.
Right now, all U.S. financial cans are being kicked down the road. One tipping point is that debt is putting real pressure on the economy. They keep saying the U.S. fiscal picture will improve at some point, but when? We’ve been waiting an awful long time.
Treasury Secretary Janet Yellen said Sunday that the Biden administration hasn’t decided whether to pursue a wealth tax, but will likely issue proposals to address the swelling federal budget deficit.
Just five months into fiscal 2021, the US government has already run a budget deficit of over $1 trillion.In a year of massive deficits, the US federal government charted its biggest monthly shortfall of fiscal year 2021 in February.According to the Monthly Treasury Statement, the February deficit came in at $310.92 billion, pushing the fiscal 2021 budget shortfall to $1.05 trillion.
Peter Schiff recently appeared on RT Boom Bust to talk about inflation, the Fed and gold. He said a lot of people still think the Fed will soon tighten monetary policy to deal with rising inflation pressure. But they're wrong. Ultimately, the Fed is going to surrender to inflation without a fight. When the markets realize this, the dollar is going to crash through the floor and gold is going through the roof.
Gold edged higher on Monday on prospects of higher inflation following the approval of a $1.9 trillion U.S. stimulus bill, although elevated U.S. Treasury yields capped bullion’s gains ahead of a Federal Reserve meeting.
In my last article titled, "The first Global Inflationary Depression Is Possible" a case was made that the world was headed towards an economic crisis due to several factors. The problem is that such a scenario encompasses all aspects of life, from food and energy, to supply chains, geopolitics, and possibly even war.