Precious metals are apparently waking up. And here is where you can find the best deals.
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The coronavirus pandemic has heightened deep-seated inequality in the nation’s housing market.
Inequality Has Never Been Bigger: Financial Assets Hit A Record 620% Of GDPAug 7, 2020 - 12:05:48 PDT
In its attempt to "fix" inequality, the Fed has made it greater than ever.
All kinds of weird records are being broken. But it’s scheduled to expire, and then what?
Mnuchin Rejects $2T Coronavirus Stimulus Offer From Dems: ‘That’s a Non-Starter’Aug 7, 2020 - 11:28:07 PDT
Treasury Secretary Steven Mnuchin rejected an offer from Democratic leaders for a roughly $2 trillion coronavirus relief package amid growing concerns that negotiations between the two parties are on the brink of collapsing.
With the pandemic intensifying the plight of U.S. retailers, companies from J. Crew Group Inc. to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores.
Why does the dollar bill in one's pocket have value? The value of money is established, according to some experts, because the government in power says so. For some commentators the value of money is on account of social convention.
This fake brrr money functions just like Federal Reserve Notes (i.e. dollars) that were obtained through honest labor. Yet, as the fake brrr money’s spent, the wealth of savers – including your wealth – is debased. The dollar becomes worth less and less.
It appears one will have to pay up in order to get in any trade regarding Silver and by natural extension, the money of countries and kings; Gold...
Aug 7, 2020 - 10:59:21 PDT
There is a good correlation between the federal deficit and the dollar over the long run. Lately, the fiscal situation has been deteriorating even more rapidly and, as a result, the dollar could easily decline 30-40% as it did during the last major bear market from 2002 to 2011.
Two worthwhile reads this sunny August amid casino-quality financial markets: The first is foreign affairs expert Ian Bremmer's latest piece in Time Magazine, see: The Next Global Depression is Coming and Optimism Won't Slow it Down.
The percentage of those unemployed for 15 weeks or longer spiked to 5.0% in July. And it will be much worse next month.
The BLS Employment Report for July shows employment rose by 1.8 million in July following a gain of 4.8 million in June, and 2.7 million in May. The unemployment rate fell slightly to 10.2%.
Aug 7, 2020 - 10:21:08 PDT
Americans are continuing to renounce their citizenship at the highest levels on record, according to research by the Enrolled Agents and...
Gold does look expensive then, but there is little reason to expect it to fall much anytime soon.
What do you get when you add up a massive exodus from the US dollar, insane monetary and fiscal policy, record COMEX deliveries, and a wave of institutional funds headed towards the precious metals? Join mike Maloney in today’s video to find out.
Yikes. It's not just Venezuela anymore. A Middle Eastern nation just entered the record books with the world’s 62nd episode of hyperinflation.
With conflicting views of the dollar's trajectory between Morgan Stanley and Goldman Sachs, there could certainly be a squeeze forming...
The Federal Reserve’s first-ever try and lend cash to midsize companies was destined to be a problem. The push has proved to be an outright flop, based on a member of the oversight fee charged with monitoring it. “By any measure, the Main Street program has been a failure,”...
A world reserve currency is supposed to be superior in storing value...
Loss of $600-a-Week Unemployment Boost Leaves Many Americans in a Precarious StateAug 7, 2020 - 08:37:47 PDT
As Republicans and Democrats spar over the shape of the next stimulus package, Americans are reeling from the loss of the $600 federal unemployment benefit.