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It’s the list of workarounds - always growing, never shrinking - that’s telling us the true story of inflation in America.
The Federal Open Market Committee is all but certain to hold interest rates steady at the close of a two-day meeting in Washington and repeat in its policy statement at 2 p.m. that the central bank will be patient in making future moves.
    Study Finds Homelessness at Record Highs in NYC
May 1, 2019 - 07:21:18 PDT
A new report gives the city and state an F grade for handling the homeless crisis in New York City as the numbers of people in the street continues to reach record numbers.
Increasing the gas tax is so politically fraught that it hasn’t been touched in 26 years and it didn’t even come up at a meeting at the White House Tuesday between President Donald Trump, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer to discuss an infrastructure plan.
"Unfortunately, on balance, manufacturers seem sceptical that the rise in demand will persist, with future expectations of output growth slumping lower in April. "
"April’s job gains overstate the economy’s strength, but they make the case that expansion continues on..."
The London Bullion Market Association (LBMA) said Societe Generale had resigned ...
SD Midweek Update: As the mix of geo-political and market uncertainties become even more highly volatile, this whole thing could blow in an instant...
Australian mines are running out of gold, according to a report by S&P Global Market Intelligence.
Analysts say Australia sits poised above a "production cliff." The country could slip from the world's second-largest gold producer to fourth by 2024.
The Australian gold mining industry faces the same problem as South Africa's - aging mines.
Credit-card losses are outpacing auto and home loans at a rate not seen in at least a decade.
    BoE Unveils ‘Systemic Risk Buffers’ for UK Banks
May 1, 2019 - 05:57:15 PDT
Aims to ensure adequate capital within UK ring-fenced firms, as well as at global level.
Global silver demand rose for the first time since 2015 last year.
The Silver Institute highlighted the growing demand for silver along with a number of technological innovations utilizing the white metal in its latest edition of Silver News.
“The structurally low profitability of the euro area banking sector remains a concern for financial stability and for monetary policy,” Guindos said
European Central Bank regulators are concerned that Deutsche Bank’s standing has weakened since it flunked U.S. stress tests in 2015, 2016 and 2018 and a repeat would cause a bigger dent
They have hijacked capitalism to the detriment of nearly everyone and they are going to continue to do what they do until the whole thing blows up."
    Surviving on $3 a Day and Hope
May 1, 2019 - 04:28:37 PDT
6.1 million Americans age 60 to 64 are either living at, or below, 250 percent of the federal poverty level.
Major downturns and big expansions are both unlikely except in unusual cases, due to quantitative easing programs, he told CNBC.
Stewart says a Friday close above $1290 for gold likely ends the current price correction, and that should put gold... 
    Gold Traders’ Report - April 30, 2019
Apr 30, 2019 - 14:06:55 PDT
Gold advanced last night, trading in a range of $1280 - $1286.40. It rose from $1280-$1284 during Asian hours against an adverse reaction in stocks (S&P futures to 2936) and a dip in the US 10-year yield to 2.505%...
This Elliott Wave Technician says gold investors need to have patience because the price correction may not be over just yet. Here's why...