Financial
Gold Is the Dollar’s Achilles Heel
Dan Popescu Is there an alternative to the dollar? I heard that question several times in the last few months. First, let me tell you that as much as you like it or not there […]
Financial
Financial
18 Numbers That Scream That A Crippling Global Recession Has Arrived
BY MICHAEL The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here. This is so reminiscent of what happened back in 2008. […]
Financial
World Yuan-ization Thanks to the City of London
The Government of China promotes the internationalization of «the people’s currency» (‘renminbi’) through a policy of alliances that does not take ideological barriers into account. In a first moment the diplomatic forces of the yuan […]
Financial
Recession Time
BY JAMES RICKARDS In describing the dynamics of currency wars, I consistently use metaphors such as a tug of war or seesaw. This is to indicate that currency wars are never a one-way bet. Exchange […]
Financial
John Embry Interview: Gold, Silver, Interest Rates, Paradigm Shifts & More
Chris Waltzek, Goldseek Radio, Released on 10/27/15 *An interview summary is below the video On the heels of a multi-week PMs sector rally, John Embry, Chief Investment Strategist at Sprott Asset Management, returns to the program. […]
Financial
The Federal Reserve: Illusion of Understanding, Illusion of Control
The net result is nonsensical policies that fail to achieve their stated objectives. CHARLES HUGH SMITH We live in an era of illusion: the illusion of understanding, and the illusion of control. Few institutions reflect these […]
Commentary
THE WORSE THINGS GET FOR YOU, THE BETTER THEY GET FOR WALL STREET
The Burning Platform On October 2 the BLS reported absolutely atrocious employment data, with virtually no job growth other than the phantom jobs added by the fantastically wrong Birth/Death adjustment for all those new businesses […]
Financial
Everything’s Deflating And Nobody Seems To Notice
Raúl Ilargi Meijer LIFE Freedom in peril 1941Whenever we at the Automatic Earth explain, as we must have done at least a hundred times in our existence, that, and why, we refuse to define inflation […]
Financial
The Ugly End to a Seven-Year Borrowing Binge
The bond market just flashed another warning sign… Many professional investors watch the bond market, which is about 50% bigger than the stock market, for clues about the rest of the economy. The bond market […]
Financial
Debt Ceiling Debate: Don’t Mention Warfare/Welfare State!
Ron Paul The US Treasury’s recent announcement that the government will reach the debt ceiling on November 3 means Congress will soon be debating raising the government’s borrowing limit again. Any delay in, or opposition […]