"Trade deficits continued to grow throughout the year for the U.S. despite President Donald Trump's moves to curb the shortfall through tariffs."
Up a certain creek, without a paddle. “We’re paddling against the current in trying to sustain public faith in the Fed.” – Federal Reserve Chairman Jerome Powell
"Nationwide, 19.4 percent of FSA direct loans were delinquent in January, compared to 16.5 percent for the same month a year ago."
"If Trump is pushing for the Federal Reserve to not wind down their previous quantitative easing then isn’t he advocating for a permanent expansion of the balance sheet? Isn’t this the same as the government spending while monetizing it?"
"The 7-1 ruling could also open other American-based international organizations to the threat of lawsuits over financing overseas development."
"The gold was removed in government vehicles between Wednesday and Friday last week when there were no regular security guards present at the bank."
"Cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants."
"Fears exist that Britain could crash out of Europe and default to World Trade Organization rules which would incur heavy import and export tariffs."
Based on the latest data, the student debt crisis in America isn't about to end any time soon.US household debt climbed to a record $13.54 trillion in the fourth quarter of 2018. Student loan debt makes up a sizeable chunk of that total. In fact, student loan debt now ranks as the second-largest consumer debt category, trailing only mortgages.
It's expected to be a year of extremes for the broader markets, but it's also expected to be a year in which gold rises to $1550. Here are the details...
For now, the physical gold price is controlled by the paper gold market, but this will not be the case when the next financial crisis arrives. Lynette explains...
Later in the afternoon, US stocks edged slightly lower (S&P finished -2 to 2,792 ), while the 10-year yield ticked up to 2.697%. The DX slid to 96.14, and gold was $1,320 bid at 4PM with a loss of $9.
Michael says the stock market will have one final move down. Then comes intractable inflation as far as the eye can see. Here's what it means for gold...
"It was always folly to believe that inflating asset bubbles could solve the structural problems of a post-industrial economy."
Precious metal investors should expect terrific gains for both gold and silver as we move through 2019 and 2020. Craig Hemke explains...
"San Francisco Bay Area & Seattle lead with biggest multi-month drops since 2012; San Diego, Denver, Portland, Los Angeles decline."
SD Midweek Update: Move over WWE. We get to feast our eyes on a whole new level of entertainment, and gold & silver are gonna love it! Here's why...
Big-money-payday-chasing tech unicorn or not, it's tough sledding for would-be IPOs. So much so that they're as few and far between as they were in the throes of the Great Recession.
“Nobody has a freaking clue,' Eisman, 56, who famously foresaw the collapse of subprime mortgages before the 2008 financial crisis, said in a telephone interview."
"The yield curve is inverted in 11 different spots. The latest is 5-year to 3-month inversion. The yield curve recession signal is louder and louder. Inversions are persistent and growing."