We keep awakening to a repeat of the same subprime expansion. "How many times have we been here?" "For me, its been an eternity."
Gold was modestly higher overnight in a narrow range of $1335.05 - $1341.80, fading some minor movements in the US dollar.
"The economic risks of a trade war and its actual consequences also highlight the attractiveness of gold as a safe haven."
The least discretionary components of all inflationary inputs are starting to surge.
"Leverage is why the Fed has been worried about the bubble in CRE."
Join Dr. Ron Paul and Chris Rossini as they discuss the Feds Follies and why gold and silver are so important.
Because these rate hikes have been an absolute killer
The financial world is finally waking up to the fact that inflation is in fact MUCH higher than previously believed....
Inflation data earlier this week that showed price pressures increasing were unsurprising, St. Louis Federal Reserve President James Bullard said on Friday.
The latest JOLTS report showed an unexpectedly large contraction in the labor market, as the number of job openings dropped from a downward revised 6.228 million to 6.024 million, a 176K slide, as the series becomes increasingly volatile.
Despite "continued ludicrous levels of debt creation and misallocation taking place," oil consumption levels will fall sharply.
The metal, more than 40 percent of which is produced in Russia, has bounced strongly this week as sanctions against Moscow fed into a technically driven rebound
Eric says it's very frustrating day in and day out to witness the blatant manipulation, but in the long run, owning gold & silver will pay off. Here's why...
"Similarly, other major economies would also unleash their central bank money when needed."
House members seek another kind of win
"For Ponzi units, the cash flows from operations are not sufficient to fulfill either the repayment of principal or the interest due on outstanding debts."
With just a few days to the U.S. tax filing deadline, still only a tiny fraction of Americans have reported their cryptocurrency holdings, according to Credit Karma.
China's trade surplus with the United States surged nearly 20 percent in Q1, exporters were rushing out shipments to get ahead of threatened tariffs that are spurring fears of a full-blown trade war.
Harvey's sources are telling him that things are getting particularly dicey in London, so much so that the banking system itself is now at risk. Here's more...
"TMS growth rate portends another credit crisis and housing bust, followed by an economic recession for the U.S. economy."