Some Other People Do Some Other Things
Bill Blain's Financial Porridge Outlook – 10 More Years… of what?
As usual in bull phases, silver had the greatest surge, rising by 452% from its lows during the Great Recession. Gold's ascent was less spectacular, but it nonetheless vaulted almost 170% from where it bottomed in late 2008.
Earlier we pointed out something which under normal circumstances would be seen as an ominous sign...
For most of this decade owning gold and gold-related investments has required the patience of Job, and the sector is so obscure that it is hard to be sure of anything.
After years of malinvestment, the bills are now coming due in China. With more than $6 trillion worth of debt, Chinese SOEs and cities find it increasingly difficult to meet payment deadlines.
Peter Schiff, CEO of Euro Pacific Capital, joins me to talk about the Phase 1 trade deal news, the state of the coming elections and why "government is a cancer" that will eventually consume the U.S.
A decade or more ago, I began to discuss with associates the possibility of governments and banks colluding to eliminate physical cash. Back then, the idea struck most everyone as poppycock, that governments could never get away with it.
China is fighting "abnormal" cash flows. It's not surprising in the least.
Until recently, funds that imposed redemption "gates" on their investors were those who had suffered a substantial mismatch between the illiquidity of their investments and the liquidity preference of their investors (which tends to be instantaneous)
Something happens to the world's "really smart people" when the topic of debt is discussed: they become blabbering idiots.
Doug Casey's exclusive video on how to survive and thrive during an economic collapse.
These are the ancient Silk Roads the Taliban will never be able to reach
The Eurozone economy continues to stumble into December, recording one of the weakest paces of growth since 2H13.
China revised up its nominal 2018 gross domestic product (GDP) by 2.1% to 91.93 trillion yuan ($13.08 trillion) and this keeps them tracking to the promise doubling the size of its economy by 2020 from 2010.
After two gloomy days for stocks at the start of the month which led to the worst December for the S&P since 2008, markets rebounded around the globe following an unsourced Bloomberg report that said the trade negotiations with China are still very m
World's Biggest Pension Fund Stops Lending Shares To Short-Sellers Amid Threat Of Market Crash
A smorgasbord of data from AsiaPac tonight poured a big bucket of cold water on the hopes for a trough in global growth.
After the world's negative yielding debt hit a record $17 trillion at the start of September, mostly as a result of Japanese debt the vast majority of which is trading in negative territory, this number has shrank substantially in recent months, slid
It's December, and the start of the season of good will to all and peace on earth. Not much of that about, of course.
While the EU and United States have all but abandoned nuclear energy as a future power source, with almost no new reactors being built and existing ones being decommissioned, Russia has quietly emerged as the world's leading builder of peaceful civ
Members of the French Parliament are now demanding the government prohibit Black Friday, reported The Independent.
They're also costing jobs. Just in time for Thanksgiving, Audi announced the end of 9,500 of them ?" to help finance the development of electric cars.
The set of tariffs scheduled for December 15 will hit a wide range of consumer goods from children's toys to laptops, gaming consoles, and other home electronics. They will be costly and ineffective..
Amazon is expected to open a store on the Chinese e-commerce platform Pinduoduo on Monday. The company is expected to increase its efforts to sell goods to Chinese consumers via its global platform.
This explosion in China's credit intensity in the past decade has directly fueled China's debt engine, the same debt engine that single-handedly pulled the world out of a global depression in 2008/2009
Once that happens it is in everyone's interest to apply tools globally to end poverty globally. By focusing on ending poverty, we can avoid diversion to the hierarchy which will never care but do understand that a sound base is protective. In shor
At the end of this past August, an astonishing $17 trillion in global debt had negative yields. About 30% of investment-grade bonds had yields below zero. If you bought these bonds and held them to maturity you were guaranteed to lose money.
As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies.
According to the IMF (International Monetary Fund) and the IIF (Institute of International finance) global debt has soared to a new record high.