Declines in unemployment and rises in employment in recent years have been accompanied by a rather dramatic decline in the average duration of unemployment claims in the U.S.
In explaining why highly levered, speculative cycles are so damaging to balance sheets and financial stability, I often reference the reality that when asset bubbles burst, prices drop and debt lev…
Financial markets — not to mention the White House — are demanding a cut, and it's likely to get at least one before the year ends.
In the past, the participants in the Treasury market have been terribly wrong about this. In these instances, the 10-year yield had no predictive quality...
President Trump's next Federal Reserve pick could pose an existential problem for the central bank.
... and this was before President Trump re-launched the trade war.
There has been a BIG CHANGE in gold inventory at the GLD, and it seems as if the boys have found religion. Harvey explains...
The silver-gold ratio has spread to over 89-1. In non-technical terms, that's way out of whack!But what does this really mean?In a nutshell, it means silver is on sale. And right now, SchiffGold has a great opportunity for you to take advantage of this bargain.For a limited time, you can buy beautiful American Silver Eagle coins at the lowest prices in the US.
We know that tools like these are likely to be needed in some form" in the future."
Gold futures on Tuesday extend gains, putting the precious metal on pace for its longest win streak in more than four months as skittish investors continue...
The gold/silver ratio has just reached 90, this is as high as it has been for 28 years. Find out what Jeff Clark and Mike Maloney make of this event in today’s video.
As we do every month, we have now published our widely watched central bank statistics. These figures give a clear view of central bank activity and how gold reserves are evolving. Post by Krishan Gopaul
Peter Schiff nailed it.Just days before the Federal Reserve met for its December 2018 FOMC meeting, Peter appeared on Fox Business and said we were about to see the last interest rate hike.When Peter made this prediction, virtually nobody thought the Fed was about to end its tightening policy. In fact, most financial experts were talking about three or four additional rate hikes in 2019.Well, Peter was right. After that December increase, we got the Powell Pause.
Traders in money markets are pricing in a 50% chance of a rate cut from the ECB this year, as Draghi plays catch up to easing from global central banks.
The move comes as market participants grow more convinced that the Federal Reserve will likely to cut rates later this year and follows a string of reductions by neighboring Asia-Pacific nations.
Hope may not be enough. At a minimum, QE is now rightfully part of the debate in this idyllic economy.
"I can easily see 2 Years easily going to zero, and I would say the odds are very high they would cut 50 to a 100 bps in the next year."
Gold eked out its biggest gain in more than four months on Monday. Spot gold has advanced 3.8% in the past five days. It rose 0.3% to $1,328.3/oz at 4:34 p.m. in Shanghai.
When it's just Treasuries and gold that are working, you know conditions are tough. Plus, emerging markets and the dollar, and book club.
"Today we find ourself with an economy that is slowing down, levels of debt never seen before, frighteningly high financial markets valuations and LESS TOOLS TO FIGHT THE NEXT CRISIS..."