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Italy’s government may tax cash and other valuables locked away in safety deposit boxes held with banks...
    Hong Kong’s Moment of Reckoning - Bloomberg
Jun 12, 2019 - 04:59:24 PDT
China’s encroachment on the former colony’s autonomy threatens to undermine the foundations of its economic success.
Who Owes Whom? Round and round we go. After more than two years the UK and EU are still debating Brexit breakup fees.
    China Central Bank to Inject 35 Billion Yuan via OMO
Jun 12, 2019 - 04:41:47 PDT
China’s central bank said it will inject 35 billion yuan ($5.06 billion) through open market operations on Wednesday, traders said.
    Us Dollar near 11-Week Low on Fed Easing Bets
Jun 12, 2019 - 04:38:06 PDT
“The prospect of an unending trade dispute between the world’s two largest economies is a nightmare scenario...
At issue is the $1.3 trillion leveraged lending market, composed of high-yield loans from firms with some of the weakest finances.
Today's guest, Louis Cammarosano, from Smaulgld.com sits down with Mike Manwell to share his thoughts on gold's recent uptick. During the discussion he elaborated on some of the long term […]
It's not easy to say there is one reason that tops the rest, but given where the world is heading, this is what gives me the most confidence in silver […]
    Gold Traders’ Report - June 11, 2019
Jun 11, 2019 - 13:36:48 PDT
Gold continued to soften last night, sliding in a range of $1329.90 - $1320. Some light stops were hit under $1325 (double bottom – 6/5 and 6/10 lows, options) on the way to the low of $1320...
President Donald Trump says the U.S. dollar is at a disadvantage compared with other currencies as central banks keep rates low.
    Fed Running Out Of Time And Conventional Weapons
Jun 11, 2019 - 13:07:16 PDT
The Fed has gone from late 2018 that it would hike rates four times, to now saying that it is open to actually start cutting rates very soon.
Italy threatens to create a parallel currency dubbed the Mini-BOT. If launched, it could lead to a Eurozone breakup.
    What Modern Monetary Theory Gets ‘Plain Wrong’
Jun 11, 2019 - 12:53:37 PDT
Olivier Blanchard, the former IMF chief economist, and a leading expert on fiscal policy, on Tuesday said Modern Monetary Theory gets some things right but...
    US Regulators Ill-Prepared for Next Downturn
Jun 11, 2019 - 11:42:35 PDT
...that rising levels of corporate debt pose risks to the financial system because they could amplify a downturn.
- but they’ll probably never get there. Americans guessed they need about $1.7 million to retire, and they may not be far off, experts said.
And nearly one in five have delayed purchasing medicine due to its cost.
    Half of Americans Are Effectively Poor Now
Jun 11, 2019 - 11:17:33 PDT
43% of American households can’t afford a budget that includes housing, food, childcare, healthcare, transportation, and a cellphone. Translation: nearly half of Americans can’t afford the basics of life anymore.
There has been discussion recently that some members of the FOMC have been discussing new strategies for conducting monetary policy...
    ‘China Bad Debt Approaching 25% of Total Credit’
Jun 11, 2019 - 09:04:27 PDT
I have long noted that the leverage, securitization and off-book accounting gimmicks that imploded enery-giant-ENRON in the early 2000s were adopted far and wide over the last 20 years.  Bailouts t…
    Leading Nations See A 1-5 YR Sag In The Yield Curve
Jun 11, 2019 - 08:53:03 PDT
Its the same all over the world. With expectations of Central Bank rate cuts over the next several years. It is not only the USA that has a sagging yield curve, almost country with a powerful Centr…