Precious metals are apparently waking up. And here is where you can find the best deals.
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When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets (the market banks use to make...
The Biggest Bull Market Ever: Yet Disaster Looms for Millions of RetireesNov 11, 2019 - 09:35:50 PST
The coming ‘tsunami of poverty’ for retirees — and what to do about it...
For most experts, deflation is considered bad news since it generates expectations of a decline in prices. As a result, they believe, consumers are likely to postpone their buying of goods at present since they expect to buy these goods at lower prices in the future.
Seeing as most young Americans are saddled with student-loan debt, underemployment and other economic blights, few have any money left for important large purchases like a home.
Unfunded liabilities such as pensions for public retirees can become a strain on any city or state. In California, we are seeing a situation which should serve as a warning. Taxpayers are on the hook for massive amounts.
The BLS released its report on Job Openings and Labor Turnover (JOLTs) for September on November 5. The release is for the nonfarm sector.
M2 money supply has increased $796 billion y-t-d to $15.245 TN. With two months to go, 2019 M2 growth is on track to easily exceed 2016’s record $854 billion expansion. Recent M2 growth is nothing short of spectacular.
Chart below shows the Federal Reserve holdings of Treasuries, a weekly change (black columns) and total holdings (red line) during QE1, QE2, Operation Twist, QE3, QT, and "Not QE".
The easing of monetary policy tends to have a negative effect on the dollar and a positive one on gold and silver.
“...in principle, we currently see certain room for a further reduction, but we have to follow the situation very closely, to watch for the effects of measures that have already been put in place...” Yudayeva told lawmakers.
Since September 17 of this year, the central bank of the United States, the Federal Reserve, has been pumping hundreds of billions of dollars each week to unnamed trading firms on Wall Street.
"A worse-case scenario is $1,400 if significant progress with China confirms in the near-term, but several..."
Just as forestry management's policy of suppressing forest fires insured uncontrollable conflagrations, so central banks' attempts to eliminate recessions insure a financial conflagration that will burn down the entire global financial system.
Paying the University-Corporate-Financial Complex and the big bifurcation.
Gold continued to flow into ETFs after breaking a record in September. Gold-backed funds took in another 44.4 tons of metal in October, pushing global holdings to another record of 2,900 tons, according to the latest data by the World Gold Council.The previous record for ETF gold holdings was set back in 2012 when the price of gold was near $1,700 per ounce.
New highs every day or so now. Investors are chasing the new highs, the president celebrates on twitter almost every day. Things are great. Melt-up talk is the rage. Hate to be the seemingly lone v…
Consumer debt set another record in September, but the pace of borrowing appears to be slowing. This could signal trouble for an economy built on American consumers spending money they don't have.Total consumer debt grew by $9.5 billion in September, according to the most recent data released by the Federal Reserve. That represents an annualized increase of 2.8% and pushed total consumer indebtedness to a new record of $4.15 trillion (seasonally adjusted).
Ratings agency Moody's has issued a negative outlook for sovereign creditworthiness in 2020, citing a "disruptive and unpredictable" political environment.
Billionaire Bill Gates may not be a fan of presidential candidate Elizabeth Warren’s wealth tax. But she’s aiming to change his mind.
Conventional wisdom tells investors to double down on stocks when the Fed cuts rates but many Americans are bucking the trend and shoring up their finances, and cash flow, in anticipation of an economic slowdown.