Total silver mine supply at the company fell to 13.1 million oz (Moz) in Q1 2019 versus 15.4 Moz in Q1 2018. According to the press release, the majority of the decline was due to expected lower ore grades and throughput at its main flagship mine, Fresnillo Mine.
No longer just the element of mythology and wealth, gold is now important to pharmaceutical research, nanotechnology and more...
Side hustles are not simply a new version of working as a “wage slave” so that we can do what we love in our off hours. Instead, far more often, people take on second or third side hustles because of wage stagnation or low pay at their full-time jobs.
Here's another thing millennials may be unprepared for: taxes. This is what you need to know if you don't have the cash upfront.
Student loan debt hit its highest level ever in 2018. More than 44 million borrowers owe $1.5 trillion in student debt in the U.S., per data from the Federal Reserve.
Although public concern for the debt rises and falls depending on the politics of the moment, the debt itself only rises.
A feature of the credit crunch era is the repetition of various suggestions from governments and central banks. One example of this has been the issue of Eurobonds which invariably has a lifespan u…
James Grant warns about the growing herd of corporate «zombies» and other fatal market distortions caused by modern monetary policy.
The belief among many investors is that deflation is bad for gold. But is deflation ipso facto bad for gold? You might be surprised at how gold has performed during the two biggest deflations of the past 100 years, along with a surprising three-fer you probably haven’t thought of…
How do they measure up against the most splendid housing bubbles in the USA? Oops!
As they file their 2018 income taxes, Americans are now able to assess the personal effects of the 2017 sweeping federal tax legislation. Few say their taxes have gone down, and many are unsure.
... it is a classic example of shrinkflation, which is hard to calculate as the “same for less”
is a bit more complicated to measure and easier to hide a price hike than as “more for the same.”
...Just Like Recession (or Worse) in 2019. Without the growth in employment, there is no impetus for growth in consumption, new housing creation, or economic growth.
It’s only April, but already this year more store closures — nearly 6,000 — have been announced than in all of 2018.
Whether Done by the Fed or A Private Individual
In a free market, in the absence of money creation, there is no need for a policy to restrain increases in the price level.
A stock market that is so uniquely dependent on corporations buying back their own shares in record amounts is in a very fragile position because share buybacks have a history of suddenly getting slashed when times get tough.
What is the significance of $9.1 trillion? And what are its looming repercussions? Here, for your edification, we’ll take a moment to properly characterize this number.
The Fed will never be able to “normalize” monetary policy. The Fed has all but quit rate hikes and has annoucned end an to QT (quanitative tightening) in the Fall.
“The debt load in the world is so high now that it can’t withstand any historically-normal size of interest rate increases anymore,”