Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earth's crust. But how much gold is the world digging up each year and what countries produce the most?
Another day, another leg lower in cryptocurrencies as FUD spreads, this time on the back of headlines exposing market manipulation during last year's meltup and collapsing margins for miners as prices tumble below breakevens.
Its stock was priced at $9 per share. On IPO day, the stock went ballistic, peaking at $97, up over 900%. And at the time, the stock market, overall, was saner, and cheaper by valuation, than it is today. Interestingly, the company still trades as a shadowy shell of its former self. As of the time of this article, shares were down 9% on the day. To eight cents per share
By Paying Them Interest on Excess Reserves
The central bank’s quantitative easing programs have distorted traditional investment metrics and created an environment where no one is quite sure how to read the market.
Russia’s $525-billion foreign debt is dwarfed by $7.5T U.K., $5T France, $4.8T Germany & a whopping $21T in the US.
In our free 21st Century Gold Rush guide we cover trends for the world’s next monetary system structure. Its relation to not merely current, but historic Silver Prices, and Gold Prices. […]
"We're racing to protect much more than our portfolios. … We're racing to protect our grandchildren & our species, so get to it."
According to John Williams, if honest numbers were being used the unemployment rate would actually be 21.5 percent today.
Large investors from around the world shared their thoughts on the current economic landscape, prevalent risks, & how to hedge them.
A 4th consecutive quarterly increase in the Velocity of Money
"we’re calling this a “rope-a-dope breakout” because we believe this will be a sleeper move...catching many traders flat-footed." Here's why...
Allowing Russia & China to Buy Real Gold at Discount Prices
SD Midweek: "Priced-in" - That's where gold & silver find themselves and that's why they're ready to shine. Here's an update on this most crucial day...
U.S. monthly consumer inflation rose moderately in May as gasoline price increases slowed, suggesting the Federal Reserve could continue to gradually raise interest rates this year.
An inflation shock in the US could bring forward adjustments in US and global bond yields
The Fed ready admitted its open to an “inflationary overshoot.” Given how guarded the Fed typically is concerning real risks to the financial system (remember the “subprime is contained” gaffe in 2007?) this suggests the Fed is well aware inflation is going to be a REAL problem.
After slowing in April to +2.6% YoY, PPI surged in May by 3.1% YoY - the biggest price rise since Dec 2011...
Soaring U.S. deficit coupled with rising interest rates may be setting the stage for a fiscal trouble, Gundlach says