With its huge budget and trade deficits, its soaring public debt and alarming deterioration of external liabilities, Washington has no room for tax cuts or higher public spending.
Is now the time to get into gold? Peter Schiff appeared on Fox Business last week to talk about it with Charles Payne.Peter said the current bull run in gold started about four years ago when the Federal Reserve started raising interest rates in 2015. Over the past four years, the price of physical gold has risen by about 50% and gold stocks have doubled that. In fact, the return on gold stocks has been about 50% better than the S&P500 as a whole over that time.
Now that we have an open admission from the Fed that their balance sheet expansion is exacerbating asset prices and creating excess and imbalances (see Ghosts of 2000) the term bubble can no longer…
Trump promised to eliminate the debt in 8 years. Instead, he plans to add $9 trillion, raising it to $29 trillion. That will hurt growth.
If the Federal Reserve was looking for a media lockdown on news about the trillions of dollars in cumulative repo loans it has funneled quietly to Wall Street’s trading houses since September 17 of last year,
A wave of change is upon us. The economic, political, social and environmental systems we depend on are failing. Learn how to surf these changes safely.
Bank of England Deputy Governor Sam Woods on Sunday said that Britain’s financial sector could face a crackdown by regulators seeking to enforce their rules more tightly.
The global economy and financial system are both running on the last toxic fumes of financialization and globalization.
How skyrocketing child-care costs put aspiring home buyers in a bind.
“The inconvenient truth,” he says, “is that several UK banks are engaged in persistent, serious organised crime against the public.”
Safety of its forex asset is the prime reason that central banks park foreign exchange assets in the form of gold.
A new scientific analysis of a large gold bar found decades ago in downtown Mexico City has confirmed it was part of the plunder Spanish conquistadors abandoned as they beat a temporary retreat from the Aztec capital.
Wayne Gordon, executive director for commodities & foreign exchange at UBS Global Wealth Management, talks about currencies, gold & oil.
Gold usually does well during geopolitical crisis and turmoil. David explains that and more in this week's update...
Irrational. Insane. Mind Boggling...
What would make legislators adopt gold and silver as money?
Are we seeing signs of disruption in the LBMA gold market? Here's what Dave Kranzler is seeing...
On the edge of the precipice, hubris and complacency can be costly. Egon explains...
Chris Vermeulen explains why the record commercial short hedge position is bullish...
SD Friday Wrap: The cartel had awesome cover to smash gold & silver this week, but in the end, the metals finished with the upper hand...