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Jim Willie: Trump Shocked The U.S. Has NO GOLD That We Desperately Need For The Global ResetApril 24, 2018
Jim says we need gold to join the global reset, but the U.S. only has 8,000 tons Of gold-plated tungsten, and China isn't selling. Here's more...
Because when your brokerage force-sells your equities into a freefalling market, they don't care what price they get for them.
The 3% by itself is just a psychological level but if a break above leads to further selling in Treasury bonds, that’s going to be a serious warning signal for equity bulls.
"I recommend you put some money into physical silver, in a monster box. A monster box has 500 ounces of American silver eagles, one ounce each."
The benchmark 10-year yield helps set lending rates for auto loans, mortgages and other loans.
"Inflation is absolutely necessary to developed economy governments and their central banks. So is theft of people's purchasing power."
A significant global trade war would have very negative economic effects though it is still too soon to say if such a conflict will arise, San Francisco Federal Reserve Bank President John Williams said in an interview....
US National Home Prices are now almost 7% above the 2006 peak according to the latest Case-Shiller data and are surging at 6.8% YoY - the fastest pace since June 2014.
"Gold could hit $1,500 an ounce this year on rising consumer and producer prices, which I think are understated."
Since 2016 the real money Gold has gained 26% and Silver 24%
Federal debt interest payment expenditures projected to increase 267% or more by 2028.
The rise in U.S. Treasury yields appeared to stall on Tuesday, with the benchmark rate trading sideways after a selloff this week took it to within a whisker of 3 percent. Stocks in Europe struggled for traction following gains for most Asian markets as the earnings season gathered pace.
Weiner Calls Out Rickards On The Topic Of Russian Gold: "One Error For Every Two Words"April 24, 2018
"the fallacy of the famous market actor. Russia is famous. Its purchase of 9 tons is therefore...", and that's just part of the first error. Here's the rest...
Gold was pressured by a stronger dollar, as the DX rallied from 90.32 – 90.73 (2-month high). Gold was $1324 bid at 4PM with a loss of $12.
It Hasn't Gone Full Canada Just Yet But Venezuela Will Sell The Last Of Its Gold In Less Than A YearApril 23, 2018
When in the midst of collapse, you save the best, most liquid asset for last, but in Venezuela, it's not going to last much longer. Here's why...
Last week, Peter Schiff said we may well be in the calm before the economic storm. In his latest podcast, he said the storm may be on the horizon. But most people are still oblivious, including the Federal Reserve.
Can the auto industry survive in a high interest rate environment? We're about to find out.Earlier this month, we reported that the air has started to come out of the subprime auto bubble. Nevertheless, Americans are still buying cars. Last week, we got a Commerce Department report that consumer spending was up thanks in large part to the strongest auto sales in six months. But there is a dark lining in this silver cloud and the long-term prospects for the auto industry could be dimming.Why?
At the current pace of sales, Venezuela will be out of gold by May or June of next year. Having fallen from $21.3 billion seven years ago, it’s now down to $6.6 billion as of the end of January...
Chinese assets have recently seen a significant inflow of investments after relations between Russia and the US took a turn for the worse, making investors search for a safe place for their cash.
"The world’s largest gold buyer and the third-largest producer, Russia has substantially increased purchases in recent years,"