By Brandon Smith Consumer spending in the U.S. accounts for approximately 70 percent of gross domestic product, though it is important to note that the manner in which “official” GDP is calculated is highly inaccurate. For […]
By Michael Snyder Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the U.S. dollar […]
By Michael Snyder Is this the end of the last great run for the U.S. stock market? Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market […]
Today London metals trader Andrew Maguire spoke with King World News about who smashed the price of gold today and why as HSBC just shocked clients by announcing the closure of all gold vaults in London! […]
By Greg Hunter By Greg Hunter’s USAWatchdog.com Renowned precious metals analyst David Morgan is out with a new book called “The Silver Manifesto.” In a chapter called “The Debt Bomb,” Morgan lays out the biggest problem and the biggest reason to […]
by Tyler Durden For Lord Rothschild, preserving wealth has “become increasingly difficult,” recently, as he warns, rather ominously, “we are faced with a geopolitical situation as dangerous as any we have faced since World War […]
By Henry Bonner ([email protected]) Richard Maybury has been predicting ‘black swan’ events in his newsletter Early Warning Report for the last two decades. In a recent conversation, he put his finger on something happening around the world. […]
By Michael Snyder The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the […]
by Wolf Richter American consumers are borrowing like never before to buy cars. It has been the reason why the US auto industry is intoxicated with its own exuberance. Last year, 16.5 million new vehicles were […]
Via The Burning Platform “Capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.” –James Grant, Grant’s Interest Rate Observer The Federal Reserve issued their fourth quarter Report on Household […]
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