Just How Weak is the U.S. Economy?
By: Michael Pento The Bureau of Economic Analysis (BEA) recently reported that Q1 GDP was only 0.1% in the United States. Most of that anemic number was blamed on worse-than-usual weather. But it should be […]
By: Michael Pento The Bureau of Economic Analysis (BEA) recently reported that Q1 GDP was only 0.1% in the United States. Most of that anemic number was blamed on worse-than-usual weather. But it should be […]
by Jeffrey P. Snider The global dollar situation continues to get muddied by divergent and apparently unrelated factors of significant scale. The Chinese are still not buying UST with nearly the same vigor that was […]
By Max Keiser Two big, macabre stories came out of Wall Street recently: the rash of banker deaths by apparent murder and/or suicide, and speculation that bank CEOs themselves are behind the trend to cash […]
It is truly astonishing how much trust people have in the establishment. Almost everyone believes that central planners are focused on defending the best outcome for society. In the same respect, almost everyone nowadays believes that […]
By Mark O’Byrne Today’s AM fix was USD 1,300.25, EUR 948.33 and GBP 775.20 per ounce. Yesterday’s AM fix was USD 1,292.75, EUR 939.91 and GBP 766.67 per ounce. Gold fell $3.40 or 0.26% yesterday […]
By Michael Snyder Does the economy move in predictable waves, cycles or patterns? There are many economists that believe that it does, and if their projections are correct, the rest of this decade is going […]
By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Renowned analyst, Martin Armstrong contends the financial markets run in cycles, and “confidence will always outweigh reality.” Armstrong clarifies, “It’s basically what you believe. There have been […]
by David Stockman The Fed was forced to note in its last meeting release that the housing market has hits some head winds. Well it might have. March new home sales were down by 13% and […]
Source: The Automatic Earth Lewis Wickes Hine Berry pickers shack, Anne Arundel County, Maryland 1909 Hey, say what you will, but I’m not one to dodge the more difficult questions. And in the case of […]
By Michael Snyder No, the economy is most definitely not “recovering”. Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far […]
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