Category: Economy

Reduced Tariffs, Direct Intervention, and Acquittal of President Trump Cause Markets to Shrug Off Coronavirus Threat

Reduced Tariffs, Direct Intervention, and Acquittal of President Trump Cause Markets to Shrug Off Coronavirus Threat by Nathan McDonald for Sprott Money Stocks, gold, oil, and just about everything else are trending higher, despite the ongoing concerns about the coronavirus,...

Welcome to the BS Economy

Welcome to the BS Economy BY DAVID DAYEN for Prospect The Iowa caucus disaster is a function of a broken economic structure that rewards con artistry over competence. CHARLIE NEIBERGALL/AP PHOTO The story of Shadow, makers of the app that utterly...

Markets Won’t Ignore Gold Fundamentals Forever

Markets Won’t Ignore Gold Fundamentals Forever Author: Sam Bourgi @hsbourgi for CCN Central-bank intervention is pushing gold prices lower in the short term, but it will have the complete opposite effect long term. The People’s Bank of China appears to have...