The Coming Era of Financial Triage

The Coming Era of Financial Triage

by Charles Hugh Smith, Of Two Minds Virtually every major program of every major nation-state is financially unsustainable going forward. Though triage is typically used in a medical setting, we are entering an era when financial triage will increasingly be necessary on a household,...

HARRY DENT, MIKE MALONEY, AND MILES FRANKLIN

by Andy Hoffman, Miles Franklin It’s Monday morning, and the “new era” of indefinitely depressed oil prices has officially arrived.  To wit, on Saturday, the International Atomic Energy Agency validated Iran’s compliance with the U.S.-led “nuclear deal,” enabling Iran to add 0.5...

Retirement In The Coming Age of Discontent

Retirement In The Coming Age of Discontent

by Vern Gowdie, Daily Reckoning On a day to day basis markets create a lot of noise. China shuts the market down. The Dow bounces back. The oil price heads towards $30. The Aussie dollar falls below US$0.70 cents. The All Ords...

The Fed Systematically Sabotaged the Economy; So What’s Next?

The Fed Systematically Sabotaged the Economy; So What’s Next?

by Samuel Bryan, Schiff Gold Peter Schiff appeared on InfoWars with David Knight and talked about how the Federal Reserve has systematically sabotaged the economy. Peter made a strong case that the actions of the Fed have created an economy that is...

62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet

62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet

by Michael Snyder, End of the American Dream Did you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5...

Why Are We Still Paying Attention To Chinese Numbers?

by John Rubino, Dollar Collapse A few years ago, economist Nouriel Roubini was explaining to a reporter why Chinese economic data couldn’t be trusted. He noted that it takes the US weeks and sometimes months to pull together and process the information...

Dollar-Based Investors Eviscerated in Global Stocks

Dollar-Based Investors Eviscerated in Global Stocks

by Wolf Richter, Wolf Street Central banks have lost their aura of omnipotence. In Saudi Arabia, the Tadawul All Share Index plunged 5.4% on Sunday and dropped further on Monday before ticking up a smidgen. It’s at the lowest level...

The Oil Crash Of 2016 Has The Big Banks Running Scared

The Oil Crash Of 2016 Has The Big Banks Running Scared

by Michael Snyder, The Economic Collapse Blog   Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Since the start of 2015, 42 North American oil...

Is The U.S./West About To Collapse?

Is The U.S./West About To Collapse?

by Dave Kranzler, Investment Research Dynamics Well, in truth, we had a de facto collapse in 2008 which was addressed with $4 trillion in QE and, ultimately, a few trillion in Taxpayer subsidies. The proverbial can was kicked down the...

Celtic Gold Coins

from Coin and Bullion Pages Celtic Gold Stater of Addedomaros. (S.202) Catuvellauni/Trinovantes tribes. Late 1st century BC. Obv – Addorsed crescents ornamented with pellets and linear elements. Rev – Horse, branch and spiral / wheel. Image by kind permission of Ira & Larry Goldberg...