If You've Got Gold, You've Got Money!
$1 Million “Moonshot” Options Betting On Bitcoin $50k About To Expire Worthless from ZeroHedge One year ago, as bitcoin prices were in free fall just after peaking above $20,000 (a peak that, as fate would have it, ended up marking...
House prices down $265,000 from peak, down $60,000 from year ago. America’s most majestic housing bubble begins to deflate. In San Francisco, the median price of single-family house sales that closed in November fell to $1.435 million. This is down...
Austrian Chancellor Supports Nord Stream 2 Pipeline, Despite ‘US Scrutiny’ from Sputnik News Austrian Chancellor Sebastian Kurz said during a meeting with business representatives on 29 November that despite the ‘US scrutiny’, Vienna remains committed to the construction of the Nord Stream 2 pipeline. He noted...
Senators Seeking To Shoot Down Yemen Bill Were Paid By Saudi Lobbyists from ZeroHedge Prior to the Oct. 2 murder of journalist Jamal Khashoggi at the hands of a Saudi assassination squad — which the CIA believes was on direct orders of crown...
November 29, 2018 by SchiffGold 0 0 Stocks rallied and the price of gold got a bounce after Federal Reserve Chair Jerome Powell released a dovish trial balloon on Wednesday. During a speech at the Economic Club of New York, Powell seemed to...
Bond ETFs and open-end bond mutual funds sound conservative in marketing materials, but they pack special risks & surprises in a downturn that can entail a catastrophic loss for investors. Exchange-traded bond funds and bond mutual funds are big business. They’re...
After losing $200 billion in value since its peak in July, with stock plummeting 40 percent in only four months, Mark Zuckerberg’s longevity as Facebook’s chairman of the board is under attack, but he’s holding all the cards. The next...
Homebuilders not amused. Sales of new single-family houses plunged 12% in October, compared to a year ago, to a seasonally adjusted annual rate of 544,000 houses, according to estimates by the Census Bureau and the Department of Housing and Urban...
Up to 16 nuclear power plants for civilian purposes? Really? By Leonard Hyman and Bill Tilles for WOLF STREET: Last week, the NY Times ran a front-page story on Saudi Arabia’s efforts to purchase nuclear fuel enrichment capabilities and as...
Eighty-four farms in the US Midwest region covered by the Minneapolis Fed’s Ninth District states (Minnesota, Montana, North and South Dakota, Wisconsin and the Upper Peninsula of Michigan) filed for chapter 12 bankruptcy in the 12 months that ended in...
The incident with the Ukrainian ships in the Kerch Strait became one of the most notorious attempts to cross Russian border in the last years. The crossing was prevented and the incident resulted in no deaths or major injuries. The attempt, however, becomes another major episode...
November 26, 2018 by SchiffGold 0 0 Peter Schiff appeared on RT Boom Bust last week and reiterated he thinks we have entered a bear market. In fact, what we’re seeing now is a deflating bubble. [embedded content] I’ve been calling for a...
November 26, 2018 by SchiffGold 0 0 Bitcoin dropped below $4,000 as a massive selloff in the cryptocurrency market continued over the Thanksgiving weekend. The price of a bitcoin fell as low as $3,604 during the sell-off. It has lost some 80% of...
Salvini Takes Control Of Europe’s Future (And The Goldman Angle) Deputy Prime Minister Matteo Salvini just declared himself the leader of the Europe’s future. He refuses to budge one inch in negotiations with the European Union over Italy’s budget now...