Last year at the Vancouver Resource Investment Conference, Peter Schiff bet Brent Johnson a gold coin that the Fed’s next move would be a rate cut. At this year’s conference, Peter collected his gold coin. Brent and Peter went on to debate the future of the US dollar. Brent says […]
It should be noted that previously it was thought that the virus was only an excuse for stock market problems. Certainly, at that moment, it was believed that the market was about to fall anyway. But it turns out that the coronavirus has really helped the US stock market as […]
Reuters has dubbed the 2010s the “decade of debt.” The Reuters report focused on the ballooning levels of corporate debt, but consumer and government indebtedness has skyrocketed over the last 10 years as well. This massive debt bubble poses a significant systemic risk to the financial system and the economy. […]
If something cannot go on forever, it will stop. This seems self-evident, but as Jim Rickards noted in a recent article about the ever-growing levels of debt, people tend to ignore this indisputable truth. Total global debt reached a record of over $250 trillion in the first half of 2019, according to […]
Gold has rallied through the last weeks of 2019 and has pushed back above the $1,500 per ounce mark. The yellow metal is on pace to finish the year up close to 18%. And there is a lot of optimism that gold will continue to shine in 2020. As we […]
It should be noted that during Friday, all major stock markets ended the week in weekly highs in record territory. In fact, positive data on income and personal expenses helped boost the upward actions to close the week. That being the case, everyone has continued to cheer on the “strong […]
Maximum irony and another level, the Fed’s role admit that Fed policy can lead to economic ruin. And it is that in an article by Scott A. Wolla and Kaitlyn Frerking for the Federal Reserve Bank of St. Louis warns that the Federal Reserve’s own policy could lead to “economic […]
The central bank gold-buying spree shows no sign of letting up as countries seek to diversify their reserves away from the US dollar. Globally, central banks added another net 47.5 tons of gold to their reserves in September, according to the latest data from the World Gold Council. There were […]
It has been indicated that the government stimulus does not stimulate. And is that the United States government is spending money and accumulating debt at an unfathomable rate. US national debt increased by $ 814 billion in just two months. It should be noted that policymakers certainly do not care […]
The situation of the unicorn has been presented, in which an undoubted explosion of the bubble has occurred. Thus, it has been expressed that unicorns are dying. Certainly, the markets seemed to really wake up to the difficult situation of the unicorn when WeWork aborted its long-awaited IPO, but the […]