New Statesman: Why this crisis is a turning point in history … Cramer: Shale company bankruptcy is ‘the other bomb’ …CNN: ‘Normal’ will look completely different when this is all over … Senator Mitch McConnell: Another coronavirus bill is coming … Gold and silver up after modest correction; “Global silver supply collapse on its way […]
James Grant: The Firemen Are Also The Arsonists
James Grant, the venerable publisher of Grant’s Interest Rate Observer, just wrote an opinion piece for the Wall Street Journal that, had it appeared on a free site, would have been at the top of today’s “Best of the Web” links list. But since it exists behind the WSJ’s paywall, here’s an excerpt to illustrate […]
A Perfect Storm For Emerging Markets
Pretend for a minute that it’s 2019 and you’re Brazil. Or maybe Turkey, your choice. You’ve got a lot of infrastructure to build if you want to keep your people happy, and to fund those projects you’ll need to borrow a lot of money. That’s not a problem, because borrowing is easy. The whole world […]
Top Ten Videos — March 29
Nouriel Roubini: This recession will be worse than the last one … Chris Martenson: The high cost of being wrong on coronavirus … Alasdair Macleod: Will financial cancer plus Covid 19 end fiat currencies? … Craig Hemke: Mints and refiners shut down. But wait, there’s more … Doug Casey: We’re on the cusp of the […]
Gold Is Now “Unobtanium”
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: Coronavirus Sparks a Global Gold Rush Epic shortage spooks doomsday preppers and bankers alike; ‘Unaffordium and unobtanium.’ It’s an honest-to-God doomsday scenario and the ultimate doomsday-prepper market is a mess. As the coronavirus […]
James Howard Kunstler: When The Financial World Broke With Reality
In the sound money world there are a lot of journalists, a few serious analysts, and a handful of effective polemicists. But James Howard Kunstler is an artist, whose work frequently rises to the level of literature. His latest illustrates the point: Forced Liquidation Historians of the future, pan-roasting fresh-caught June bugs over their campfires, […]
Watch The Virus Checks Become Permanent Income
Two things about the coronavirus relief checks the government will soon start sending out: First, it looks like they’ll take a while to arrive: Show Me The Relief Money – No Promises On When Coronavirus Checks Are Coming About 90% of households — approximately 165 million — will benefit from direct payments, according to the […]
Retirees Getting Screwed — One Last Time
To understand the impossible situation in which most retirees find themselves, let’s begin with interest rates. When governments raise or lower the cost of credit, they’re communicating with the rest of us. Higher interest rates send the message that “cash is more valuable, so save more and spend less.” Lower rates say the opposite: “Cash […]
CRISIS INVESTING 2020: Emergency Briefing
Sponsored: Marin Katusa details how the moves you make today are once in a generation opportunity for wealth creation. The Fed fired its bazooka and is looking to cut rates to near ZERO. Why you MUST pay attention to the massive rush into U.S. Dollars. Energy companies are leading a meltdown in the resource sector. […]
Top Ten Videos — March 24
Jim Rickards: Economic freeze is here, get gold, silver if you can and get ready … Egon von Greyerz: Fake markets are supported by fake money … Martin Armstrong: Fake epidemic brought on by fake news … Chris Martenson: The system just broke … Emigrate While You Still Can – To Finca Bayano
Michael Pento: Bond Market Crash Dead Ahead
In his latest commentary, financial strategist Michael Pento maps out the coming year. Spoiler alert: It ends ugly. Debt Be Damned The U.S. National Debt is about to surge like never before, along with the rest of the entire planet’s gigantic pile of sovereign IOUs. America started with a $23.5 trillion debt before the Wuhan […]
Get Your Gold And Silver Now Before They’re All Gone — Oops, Too Late
Precious metals advocates have been warning for years that the time to load up on a safe haven asset is before it’s needed, because by the time it is obviously needed it won’t be available. That seemed a bit hyperbolic in a world of smoothly functioning markets and apparently infinite horizons of steady growth and […]
Doug Noland: There’s No New Bubble Coming To Save Us
In this week’s Credit Bubble Bulletin, Doug Noland concludes that at long last the world’s governments have run out of new financial bubbles to inflate. The result: This time is different, in a very bad way. Here’s an excerpt from the much longer article, that should be read in its entirety. Please Don’t Completely Destroy… […]
This Is Why You Should Own High-Quality Gold Miners
A long list of companies ranging from cruise ship operators to retailers to airlines to restaurants are on life support. Many others (we’re looking at you, IBM) have spent billions buying back their own stock with borrowed money and now, even if they survive, look ridiculous. Is there anyone left out there with good year-ahead […]
Top Ten Videos — March 18
Rick Rule: In a panic, everything sells off, but gold does well in a negative interes rate environment … Chris Martenson: Leaked documents show how bad the pandemic might be … Nouriel Roubini: With stimulus of 3% of GDP, this will be a sharp but short contraction … Doug Casey: You can’t imagine where the […]
- 1
- 2
- 3
- …
- 80
- Next Page »