Category: Economy

When will the Bank Bubble Burst

by Egon von Greyerz, Gold Switzerland We just had another confirmation that banks are dealing in sums which they don’t understand themselves. A junior employee in Deutsche Bank (DB) paid $6 billion to a hedge fund which was the gross...

NO GOLD ENTERS THE COMEX VAULTS

by Harvey Organ TURMOIL IN PORTUGAL/AGAIN NO GOLD ENTERS THE COMEX VAULTS/ACTUALLY SINCE OCT 1 ONLY 1 TONNE OF GOLD ENTERED AS A DEPOSIT/DRAGHI STATES THAT EURO LAND WILL ENGAGE IN FURTHER QE WHICH SENDS THE EURO SOUTHBOUND/BOURSES RISE ON...

Why Mainstream Economists Deny Housing Bubbles Until After They Implode

Why Mainstream Economists Deny Housing Bubbles Until After They Implode

by Lindsay David, Wolf Street Since the end of the Second World War, there have been more than 40 housing bubbles across the globe, and they all ended with a hard landing. One of the housing bubbles already written in the...

Why Is Wealth/Income Inequality Soaring?

Why Is Wealth/Income Inequality Soaring?

by Charles Hugh Smith, Of Two Minds If conventional labor and finance capital have lost their scarcity value, then the era in which financialization reaped big profits is ending. Why is wealth/income inequality soaring? The easy answer is of course the...

Expert That Correctly Predicted Market Moves In July, August And September Says Stocks Will Crash In November

Expert That Correctly Predicted Market Moves In July, August And September Says Stocks Will Crash In November

by Michael Snyder, The Economic Collapse Blog When someone is right over and over and over, eventually people start paying attention.  Personally, I have learned to tune out the “forecasts” of most “economic experts” out there.  As an attorney, I...

Still Backstopping the Banks With Public Money

Still Backstopping the Banks With Public Money

by Jesse, Jesse’s Cafe Americain “Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used...

Gold Is Long Term Inflation Hedge – Leading Academic Expert

Gold Is Long Term Inflation Hedge – Leading Academic Expert

by Mark O’Byrne, Gold Core Recent research  has begun to cast some doubt upon the inflation hedging capacity of gold by Dr Brian Lucey. The inflation experience over the last 40 years,  since gold began to float freely,  has been  very mixed....

More QE Will Not Save Stocks This Time

More QE Will Not Save Stocks This Time

by Graham Summers, Gold Seek The markets have surged in the last week based on hype and hope of more QE from Central Banks. This view is overlook the fact that EVERY collapse follows a pattern: 1) The initial drop...

Gerald Celente: Broken China, Global Meltdown

by Gerald Celente, Lew Rockwell The numbers are in. The markets don’t like them and the Street doesn’t believe them. For the past week, global equity markets traded in a narrow range waiting with great anticipation for Gross Domestic Product...

American Empire and Its Decline

American Empire and Its Decline

by Michael Rozeff, Lew Rockwell The American Empire is deteriorating. It’s been going downhill for decades. The descent is likely to continue, alleviated irregularly by policies that retard the decline or even reverse it for a time. The general pattern...

Jack Lew’s Debt Ceiling Limit Kabuki Theatre

by Dave Kranzler, Investment Research Dynamics Spend and they will borrow or print money to fund it.  The debt ceiling limit currently is $18.1 trillion.  This number is 101% of the Government over-estimated GDP.  If you add in the $7 trillion...

Americans Are The Poorest-of-the-Poor

Americans Are The Poorest-of-the-Poor

by Jeff Nielson, Bullion Bulls Canada First of all, credit to Simon Black (The Sovereign Man) for finding this extremely valuable/important picture. I’m a “digital” thinker: words and numbers. That’s how I process information, and do most of my presentation...

China’s Currency To Essentially Become World’s Great Currency

China’s Currency To Essentially Become World’s Great Currency

from The News Doctors It will not take decades for China to become the world’s second or primary world reserve currency as seen by Douglas Flint, group chairman of HSBC Holdings plc.  But the rest of his analysis in the following article makes...