(Kitco News) Gold is a better option than “chasing overvalued stocks,” writes FXTM chief mark strategist Hussein Sayed. “With yields expected to remain low for a long time, inflation projections likely to head higher in the months to come and geopolitical tensions on the rise, some great ingredients are present […]
In other words, there is absolute anarchy on the ground in Portland — and the Governor of Oregon and the Mayor of Portland have refused to do anything about it. Over there at Fox, Andrew McCarthy, now a senior fellow and contributing editor at National Review but himself a former federal prosecutor has […]
Permanent business closures are rising as the economic impacts of the coronavirus-induced government shutdowns continue to ripple through the economy. This is yet another sign that the promised “v-shaped” economic recovery will likely never materialize. Business closures on Yelp peaked about 177,000 on April 19 and fell to 132,500 as […]
(Bloomberg) — Global real estate investment fell by 33% in the first half as the coronavirus pandemic battered economies and disrupted deals. The Asia-Pacific region took the biggest hit, with volumes down 45% from the year-earlier period, because it was the first struck by the outbreak, according to a report from broker […]
Peter Schiff recently did an interview with Johnny Bravo. They talked about the gold standard, inflation, the looming dollar crisis, presidential politics, and the foolishness of Modern monetary theory. Johnny opened up the show declaring that governments will never allow a gold standard. They hate gold. Why? The reason that […]
A coronavirus vaccine the University of Oxford is developing with AstraZeneca Plc showed promising results in early human testing, and is now set to move into larger trials that are likely to be decisive on how effective they truly are. The results weren’t enough to convince the market, however. AstraZeneca […]
KEY POINTS The range of outcomes for the economy in the second half is incredibly wide: JPMorgan Chase sees no fewer than five different paths it can take. The bank has gotten more pessimistic, seeing unemployment in its default “base” scenario hitting nearly 11% by the end of this year, […]
Canada should have — as Australia has done — outed China’s behaviour as equivalent to acts of war, then joined the trade gang-up with the United States Huawei Technologies Co. is not a tech corporation. It is a weapon, created and subsidized by Beijing that ruthlessly gobbles up and spits out competitors and countries. It’s […]
The UK’s decision to ban Huawei from its 5G networks is only the latest diplomatic setback for China. So, as China’s leaders ponder how to respond, they should heed the first rule of holes: when you are in one, stop digging. CLAREMONT, CALIFORNIA — The United Kingdom’s decision to ban Huawei from […]
It’s a scandal like none I’ve seen that has rocked the Trudeau government and spawned at least five investigations into the government actions. Even CNN has speculated that this could bring down the Trudeau Liberals. I’m not sure about that but it is a story that keeps on revealing more. […]