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    UN Warns on Currency Wars and Widespread Protectionism
Feb 5, 2019 - 07:39:43 PST
On Monday by the UN Conference on Trade and Development outlined the potential impact of increased tariffs between the U.S. and China.
There have been no major discoveries, there's falling exploration dollars, and there will be no technological breakthroughs like there was with fracking...
    How We All Turned Japanese, a Tale of Global Hubris
Feb 5, 2019 - 06:57:19 PST
The BOJ’s radical monetary policy is marking its 20-year anniversary. Raise a glass to the experiment replicated around the world.
    Eurozone Warning: EU Banks Panic at Huge Italy Debt
Feb 5, 2019 - 06:35:50 PST
BANKS in France, Germany and Belgium are most at risk of contagion from Italy’s deepening debt crisis, new data has revealed.
As you can see, the past September saw the composite reach 122% above the trend line, meaning it was 122% overbought.
Fed Chairman Powell had dinner with President Trump and Treasury Secretary Mnuchin at the White House on Monday.
Payroll employment often peaks either at the beginning or middle of recessions, so it provides virtually no warning...
New Yorkers Are Already Fleeing the State to Lower-Tax Jurisdictions
Several state legislatures are considering bills that would repeal taxes on the sale of gold and silver.
Fundamentally,  gold and silver are money. But most governments treat precious metals as a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy.
The Federal Reserve never played the negative interest rate card in response to the financial crisis, but new research claims the economy probably would have recovered faster if it had.
Along with the gold price sharply higher, the charts are signaling that a MAJOR LOW in the gold stocks has occurred. Here's more...
Over the past 12 months, the US federal government has added $1.5 trillion to the national debt.
As of Jan 30, the debt stood just under the $22 trillion mark at $21.97 trillion, according to the latest Treasury Department data. As WolfStreet put it,  we're seeing these rapidly increasing levels of debt during "good times when the economy is hopping. At the next recession, this is going to get cute."
But even as the US added to its debt load, foreign holders of US Treasurys are gradually selling them off. So, who's buying up all of this debt? And is it sustainable? 
    Mnuchin Warns China Against Devaluing Currency
Feb 5, 2019 - 05:08:31 PST
Treasury Secretary Steven Mnuchin tells the Financial Times he wants to include an agreement on currency in the China trade deal.
Tennessee's state legislature is considering two bills that would restore gold and silver to their constitutional status. By Joe Wolverton, II, J.D.
Persistent declines in stock prices can induce broad pessimism that becomes self-sustaining and hinders growth.
Slowing global growth, a weaker US dollar and a drive by central banks to expand the amount of gold they hold could be a winning trifecta for investors seeking a recovery in the metal’s price after its first annual loss in three years.
A coalition group of Latin American countries and Canada has urged the Venezuelan military to sever ties with President Nicolas Maduro.
For Azerbaijan’s sovereign wealth fund, nothing beats the safety of gold in a world increasingly vulnerable to trade disputes and geopolitical risk.
    The Hard Proof That Shows Keynesians Are DEAD WRONG
Feb 5, 2019 - 04:20:00 PST
Three decades of a lost, zombified economy. That's what traditional Keynesian economics brought to Japan - will the United States suffer the same result?
"...this process created a supply of ‘paper gold' — sometimes but not always marked to market — that had a depressing effect on the gold price.