by Tyler Durden DB’s Jim Reid lays out the “endgame” scenario, one which this website first said is inevitable back in 2009. With Citi [11]and Macquarie [12]already on board, expect what was once merely the […]
by Michael Howell It’s the great unwind show. Admittedly, Glencore’s latest problems may run deeper and look more specific, but together with Vale and Rio, the other great international mining houses plus their suppliers, like […]
POSTED BY: JERRY ROBINSON ANALYSIS: The Impending Financial Crisis That Will Rock the Petrodollar My research on the petrodollar system began just after the events of September 11, 2001, as I, like most Americans, […]
by Wolf Richter The toxic miasma of “distressed debt.” It’s getting tougher out there for our QE and ZIRP-coddled corporate junk-bond heroes. Unisys, whose revenues and profits decline year after year and whose stock dropped […]
An important update on the supply of physical gold by Chris Martenson One of our long-running themes here is that the truly historic and massive flows of gold from West to East is (someday) going […]
The housing market peaked in 2005 and proceeded to crash over the next five years, with existing home sales falling 50%, new home sales falling 75%, and national home prices falling 30%. A funny thing […]
by John Rubino After borrowing — and largely wasting — $15 trillion during the Great Recession, China now looks like a typical decadent developed-world country, complete with slow growth, anemic consumer spending and unstable financial […]
By Michael Snyder Is something about to happen in Germany that will shake the entire world? According to disturbing new intel that I have received, a major financial event in Germany could be imminent. Now […]
Dylan Charles The world is enslaved to an economic system designed to create tremendous power and wealth for those who own the system, while forcing the rest of us into mathematically insurmountable debt and the stagnation, […]
The Daily Sheeple With everyone focused on gold as investment vehicle, many have ignored a metal that is 20 times rarer. Platinum, a precious metal critical for a number of global industries, continues to see […]
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