China’s state-owned banks have reportedly been buying US dollars in forwards on behalf of the central bank (PBOC) and immediately selling them into the spot market to support the yuan.
With all the focus on the shape of the U.S. yield curve recently, fixed-income traders could be forgiven for not concentrating so much on the growing tumult in the fed funds rate.
China is zooming to a record year of corporate-bond defaults, with the 2018 total already more than three-quarters of the previous high even before an expected economic slowdown bites.
Investors gave the cold shoulder to $125 billion of U.S. Treasury bills for sale on Monday with bidding for some issues at its lowest in nearly a decade.
"To qualify for low-income housing in San Francisco County, a four-person household can make as much as $117,400 a year."
Investor margin debt is up from its previous high of $665 million in January when the Dow Jones Index topped 26,500 points.
Ted Butler says it's hard to imagine JP Morgan not setting off a big precious metals move higher in price. Here's why...
Lynette says the economic storm has already begun, but the brunt of the storm is what's coming. Here's the details...
Earlier this month, Peter Schiff said Federal Reserve policy is pushing us toward a no-growth, high-inflation economy.There are a number of factors in play. There are growing inflation pressures. There are record amounts of debt – both government and corporate. But behind all of these symptoms, we have a disease.Ron Paul digs down to the root causes of our economic woes in this in-depth look at the US financial system and the need for reform. Paul says a monetary crisis is coming. What will replace the dollar? Paul makes a strong case for gold.
Gold and silver are money. But most governments treat precious metals like a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy. Can you imagine getting taxed for getting change at the bank?Fortunately, we’re beginning to see a shift. Many states are repealing taxes on gold and silver, and treating precious metals more like money. Wyoming is the latest state to reform its laws.
A strong dollar is devastating for emerging markets that hold large amounts of dollar-denominated debt. A new EM debt crisis has started.
For some, the music and the parties continued... while those in the know quietly made their way to the lifeboats. In this video, Mike gives you a sneak peek at his biggest economic update in years.
At the end of 2014, there were just under $44 trillion worth of corporate & government debt on issue with roughly 1.4 percent of these yielding negative rates. As of June 2018, there are now more than $49 trillion worth of corporate & public sector bonds in the markets, with ca $8 trillion of these (or 16 percent) trading at negative yields.
Right now nobody cares, just at the time when the case for gold & silver investing is so compelling. Here's the details...
Another country is betting on physical gold. Switzerland's pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars.
Keith says that the fundamentals are falling for gold just like the price is. Here's the details...
The peripheral crisis will keep moving towards the core unless stopped by massive central bank ease. But - given the rising inflation now being reported - central banks won't switch back to massive ease unless the peripheral crisis moves much closer to the core (or something else equally terrifying happens first).
MILLIONS of pensions may be at risk due to incorrect records in a government scheme, a credit checking firm has warned.
That’s according to the website Dead Coins, which tracks ICOs of cryptocurrencies across the globe (via CNBC). The site has found that more than 800 cryptocurrencies are now worth less than a cent.
After a plunge in the 6-Month Bid to Cover two weeks ago, today it was the 3-Month's turn.