Living beyond our means requires us to borrow money to cover the difference between our income and our spending. Many Canadians now understand the financial consequences of this practice and regret the choices they’ve made.
Rob Kirby says the brutal price suppression of gold & silver is unsustainable and can't go on much longer. Here's what comes next...
Italian assets were pummeled again on mounting concern over the populist coalition’s fiscal plans, with the moves rippling across European debt markets.
With Turkey’s central bank sitting on the sidelines observing a currency meltdown and double-digit inflation, one brokerage is looking for help from a higher power.
The banks are still ‘too big to fail’, but much worse is that the central banks are ‘too big to fight’
The European Union is considering switching payments from the US dollar to the euro after Washington threatened to target European firms working in Iran. But the EU is not the first to ditch the greenback, as the experts tell RT.
Keith explains why working to avoid disaster is better than planning for how to spend all those gains in gold once the price shoots up...
but reversion to mean is inevitable
Debt of American companies just posted their third-worst 100-day returns since 2000, according to a JPMorgan Chase & Co. index, as tighter monetary conditions leave their mark on high-quality bonds with longer maturities.
"The US fiscal outlook is not good. We project the federal deficit will increase from $825bn (4.1% of GDP) to $1,250bn (5.5% of GDP) by 2021. By 2028, we expect it to rise to $2.05 trillion (7.0% of GDP)."
Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry. However, the shale oil industry is nothing more than a Ponzi Scheme, so when it collapses, it will take down the U.S. economy with it.
"We're very close to a reversal and big rally. I'd guess no later than the Fed meeting in early June and maybe before."
On gold, Armstrong sees the yellow metal “fighting a stronger dollar” but predicts it will have its day sometime in 2020 to 2021.
Prices Double Every 17.5 Days....
"The causes seem obvious and we wonder why people didn’t see it at the time. Excessive exuberance by the crowds and willful ignorance among the powerful drowned out the warnings."
CNBC’s Steve Liesman reports on a big question facing Fed chair Jerome Powell — how hot is too hot when it comes to inflation?
The U.S. & China have agreed to drop their tariff threats on billions of dollars worth of each country's goods while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.
"Purchase these Treasury securities by linking a TreasuryDirect account to your personal bank account."
SD Outlook: Gold & silver begin a very critical week that will set the tone for the next several weeks. Here's why...
"The expenses with no explanation were 54 times the actual budget allotted by Congress."