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    Euro Zone Economy Slowdown Sharper Than Expected in May
May 23, 2018 - 07:13:24 PDT
Euro zone economic growth slowed much more sharply than expected this month, a business survey showed, which along with weaker inflation suggests a stiffer policy challenge for the European Central Bank ahead.
    Goldman Is Lending to Subprime Borrowers
May 23, 2018 - 06:29:50 PDT
Because it could give them an edge in identifying the next turn in the credit cycle
SD Midweek: Precious metals are mixed, but there's some interesting anomalies developing that won't last long. Here's the details... 
This find has been sitting at the bottom of the ocean for over 300 years, oblivious to the rise and fall of nations and empires and the emergence, dilution, and destruction of their fiat currencies.
A panel of economic and housing experts sees a dip in house prices on the horizon.
    Jim Rogers: US & China Trade War
May 23, 2018 - 05:54:04 PDT
Jim Rogers, global investor joins us to give us his take on China and the US are duking it over tariffs, but is a trade war on the horizon?
A sharp rise in interest rates last week meant far fewer homeowners could benefit from a mortgage refinance.
The last time silver broke out of its $15-$20 rangebound channel, it barely took a breath before touching $49.45.
    Emerging-Markets Bull Mark Mobius Sees More Pain Ahead
May 23, 2018 - 05:16:05 PDT
There’s a danger of contagion from the deteriorating situation in Turkey, and Argentina and Brazil aren’t doing well
In just the past week, the European Union threatened $1.6 billion of additional levies in response to U.S. tariffs on metal imports; Russia prepared $537.6 of added duties; Turkey $266.6 million; Japan $264.3 million; and India $165.6 million, according to filings with the World Trade Organization.
    Trade and Growth Fears Spark Dash for Safe Havens
May 23, 2018 - 04:19:58 PDT
Investors sold equities on Wednesday and raced to buy yen and government bonds from the United States and Germany on fears that setbacks to U.S-China trade talks would undermine increasingly fragile-looking world growth.
    Stocks Fall, Bonds Gain as Risks Mount; Euro Drops
May 23, 2018 - 04:18:51 PDT
Shares in Europe followed Asian counterparts lower as storm clouds gathered from Turkey to North Korea and data cast doubts on economic growth prospects for the euro area. Treasuries advanced with the dollar, while oil dropped with most commodities.
"Gold continues to act superbly for eager buyers in this time of seasonal softness. Against a background of..."
    Gold Traders' Report - May 22, 2018
May 22, 2018 - 16:11:51 PDT
Gold rose to $1294.50, then drifted down to $1291.50 as the DX clawed back to 93.60. Gold was $1292 bid at 4PM – unchanged.
Just like that, it appears the trade war is over. Although, as Peter Schiff pointed out in his latest podcast, it wasn't really much of a war.
I don't think I should call it a ceasefire because nobody actually fired a shot, and it's been more of a war of words than a real conventional battle. I mean, basically a lot of saber-rattling, not a lot of fencing. But I think what happened today is we called a truce. Both sides sheathed their sabers and agreed that there's not going to be a war."
Your great grandchildren are broke.
They may not even be born yet, but they are still broke.
The government has spent us, our children, our grandchildren and even our great-grandchildren into a black hole of debt. The world is drowning in debt. At some point, somebody will have to pay for it - one way or another.
In simple terms, if Warren Buffet walks into a room in which there are 80 guys who are dead broke, the moment he’s there, they’re all billionaires, on average.
"collective amnesia has papered over an event that contradicts the image of a country where the rule of law prevails and contracts are sacred..."
"above $1,400, and after several tests of this area as support, price will then begin a move...reaching that level sometime later this year"
    Deutsche Bank and Credit Default Swaps – GoldSilver
May 22, 2018 - 11:25:02 PDT
"If the markets do run on DB’s derivatives book, even God won’t be able to save it." Is Deutsche Bank really “too big to fail”? GoldSilver Editor Alexander Trigaux considers what might happen if the market makes a run on their massive credit swap derivatives book.