Emerging-market currencies and gold are moving in opposite directions for only the seventh time in the past 12 years.
Hong Kong leader Carrie Lam announced the withdrawal of the extradition bill that has sparked the nearly three-month old protests, a move that triggered...
Just like what happened with The Chicken Sandwich from Popeye's Louisiana Kitchen, people put a premium on scarcity...
"I think it's historic. I think it's coming to an end and I think we're going to see a real real big bust in the economy because I think until we admit we are bankrupt both financially and morally, there can be no answers."
Central banks have printed $22 trillion in the past decade to keep all of this insolvent debt from crashing.
Negative-yielding bonds are taking on an ever-greater chunk of the global fixed income universe and are still failing to lift economic activity.
Consequently, a potential silver deficit is imminent, which in turn sets the stage for higher silver prices in the long haul.
Whether the $38 breather is the beginning of a larger pullback before consolidation takes place will be determined by the September news cycle...
The current dollar fiat money system was created by then President Richard Nixon in 1971, hardly an edifying character, and, thinking about it, it was very apt that it was him who created it by getting rid of the gold standard.
he US yield curve inversion suggests the next recession is about 18-24 months away. That recession could mark the start of a long period of stagflation like 1966-1980.
"Banks, pensions and other private institutional reservoirs of savings die in a low or no interest rate environment. How is this helpful to promoting growth?"
Gold is the obvious winner, but what about the "go to" asset? That would be silver. Here's why...
Silver decisively pierced through $19 this morning. Gold is up, too, by 1.2%, but silver has risen 3.4% as we write. With silver’s outperformance, the gold/silver ratio has now fallen to 81. Since the gold/silver ratio peaked at 93 in June, the silver price has jumped 30%. We’ve shown many times that once the ratio begins to reverse it has quite a ways to fall. It hit 31 in 2011, and 17 in 1980. As many of our readers know, Mike Maloney is convinced we’ll see a repeat of the 1980 low. That implies MUCH higher silver prices.
New home sales in the Bay Area have hit record lows this year. Fewer than 300 new homes, condos and townhomes sold in January in the nine county region — the lowest for a month in at least 2…
What is the condition that makes it possible for Japan to sustain budget deficits over a long period of time?
Investors are fleeing into assets that are deemed safe, such as gold, U.S. Treasuries and the dollar.
The U.S. Dollar Index hits its highest level since May 2017 as slowing global growth abroad strengthens the United States currency.
As a recession seems to be on everyone’s lips, allocation to bonds and cash keeps growing and while Institutional investors are moving further away from equities, retail investors are splurging on stocks, supported by stock buybcacks.
"Think what happens to China when I win. Deal would get MUCH TOUGHER," President Donald Trump tweeted.
In the early hours of Monday morning in Buenos Aires, before banks had opened their doors, winding lines of customers waited to withdraw savings after Argentina’s government imposed capital control...