For all its monetary generosity, despite injecting $3 trillion reserves into the banking system (if not the economy), the Fed remains stuck with two big problems.
Financial writer John Rubino says gold is at new all-time highs, silver is vaulting upward and there is no end in sight for the massive money printing around the world.
More than three years ago, we explained why "the fate of the world economy is in the hands of China's housing bubble."
"It is no coincidence that no language has ever produced the expression: "As pretty as an airport.""
Update (1130ET): This tweet says it all.
Monday's trading saw a continuation of recent themes.
Light at the end of the tunnel
"Europe will not be made all at once, or according to a single plan.."
Update (0830ET): 5 minutes after we posted and suggested that BIS precious metals boss Benoit Gilson should "get back to work"... he did...
The banality of evil that characterizes the U.S. national security state is demonstrated perfectly by the continuation of its deadly economic embargo against Cuba, which has been ongoing for some 60 years.
Nine Chinese Financial Institutions With Over 1 Trillion Yuan In Assets Are Nationalized On The Same Day
"Europe Is Being Blackmailed": Scandal Erupts As EU Remains Deadlocked Over Critical Recovery Fund
According to data from the World Bank and IMF, Asian countries are expected to make up most of the top 5 countries in the world by size of GDP in 2024, thus, as Statista's Katharina Buchholz points out, relegating European economic powerhouses to low
I sat down for a long talk with long-time community member, Crypto Rich, and Editor-in-Chief of The Duran, Alexander Mercouris, covering a wide range of topics.
Finance and economic expert Alasdair Macleod says the gold market is "extremely dangerous as far as the bullion banks, swaps and trading desks" that, at some point soon, are going to have to deliver physical gold they do not have.
I'm not an expert and this is really complicated but "let me skip to the end..." Shadow Banking System becomes riskier and more unstable by the day... which leads to a host of unintended consequences. According to this video: 90% of debt n
So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and a banking cris
In a recent article I briefly examined a number of advances that global planners made prior to the World Economic Forum's announcement in June of a new initiative dubbed 'The Great Reset'.
In retrospect, it's impressive that it lasted as long as it did.
"Carthago delenda est"
Germany eased strict social distancing restrictions on April 20 and started the process of reopening its economy as the virus pandemic curve flatten.
Five years after Beijing openly urged its population to buy stocks, creating a massive stock bubble which then promptly burst, resulting in massive losses for all those who bought at or near the top, Beijing is at it again, and after a week of stagge
After two consecutive weeks of cautious Sunday sessions entering the new week, overnight futures blasted out from the gate, surging more than 1%, sparked by fresh animal spirits out of China, after the country's state media stoked bullish enthusiasm.
Earlier this week, JPM's quant Nicholas Panigirtzoglou spotted an ominous signal for equities:
China is building a buyer's group (or cartel) comprised of its major state oil companies. I'm frankly surprised that this wasn't already the case, since everything else is tightly controlled in China.
A listener writes in to ask about the economic crash we're about to experience. Will there be bank bailouts like in the 2008 crisis, or bank bail-ins as we've seen the banksters preparing for?
Coffee fundamentals indicate deteriorating demand and oversupplied conditions could soon pressure prices to 15-year lows.
An interesting couple of posts from Southfront.org this week gives us some insight as to what's happening in international oil markets.
So what's goin' on in Iran? How did the Islamic Republic really respond to Covid-19? How is it coping with Washington's relentless "maximum pressure"?