Ryan wants to curb spending on the "entitlement" programs of Social Security, Medicare & Medicaid, but it might not be possible.
This is what Christmas Day looked like this year for thousands of homeless people in the dark & dingy underbelly of Downtown Los Angeles. Some 20,000 homeless people live on Skid Row.
So the question is - is an event engineered to slam rates lower, in order to avoid interest expense soaring beyond US government capabilities; or is the event a reaction to over-exuberant bubble-fueled positioning in risk assets?
SD Midweek: Gold & silver are looking good going into the last few trading sessions of the year...
The question then is with all diplomatic avenues exhausted & China violating a UNSC resolution, what happens next?
PBOC’s Xu Zhong sees need to rein in local government debt. Finance Ministry pledged to break expectations of bailouts
The yuan’s steady ascent has improved the appeal of the nation’s assets for foreign investors
“I can’t think in bolivars anymore because you have to give A Different Price Every Hour,”
“The Fed would need to embark on a more rapid pace of rate hikes to more seriously challenge our bearish outlook for the U.S. dollar.”
Bitcoin traded between gains and losses Wednesday as a recovery from its pre-Christmas slump stumbled.
Stewart Thomson says institutional investors will flock to silver more so than gold. Here's why...
As we've reported, the US government is spending money like a drunken sailor. But nobody really seems to care.Since Nov. 8, the US national debt has risen $1 trillion. Meanwhile, the Russell 2000 (a small-cap stock market index) has risen by 30%. Former Reagan budget director David Stockman said this makes no sense in a rational world, and he thinks the FY 2019 is going to sink the casino.
Earlier this month, World Gold Council chief market strategist John Reade said he expects gold to shine in 2018, and one of the primary reasons will be rising income growth in China and India.A report recently published by the Centre for Economics and Business Research lends support to Reade's prediction. According to the 2018 World Economic League Table, India will leapfrog France and England in 2018 to become the world's fifth largest economy in dollar terms. The report also predicted that China will overtake the US as the world's biggest economy in 2032.
The conclusion is that silver is now a strong buy, & an even stronger buy in the event that it should react back short-term towards its lows of about 2 weeks ago
This is a huge base pattern that can support a major bull market.
In an article published by the WSJ today, which was originally titled "Are Central Bankers About to Lose Control?" but after some shoulder taps were renamed to the far more neutral "Can Central Banks Keep Control of Interest Rates?"
When the US pumped in credit…the others had to pump it in, too. Now, the US central bank is draining liquidity rather than adding to it; they must do some mopping up.
"We now have the exact opposite condition where commodities are screaming to be bought at the expense of stocks."
In the year 1517, one of the most important innovations in financial history was invented in Amsterdam: the government bond.
Since 2000, the gold price has beaten the S&P 500 Index, which has undergone two 40 percent corrections so far this century.