Glance at this chart of the trade-weighted U.S. dollar, and note the swing highs and lows in the price of oil per barrel around each peak and trough. You can look up historical inflation-adjusted prices of oil in USD on this…
Two weeks ago we discussed the Fed radio silence for the entire week before the FOMC meeting. This is what it looked like: Last week we of course we know what happened, which was basically nothing until talk turns into action.…
– ‘Commodities King’ Gartman sees $1,400 gold surge in months – “Gold is the one currency that will do the best of all…” – Pullback below $1300 “is relatively inconsequential” – Use gold price weakness to be a buyer “no…
The recent hurricanes are merely reminders that sometimes things happen that are out of our control. They remind us that risk still exists. Our longstanding view is that there’s a financial storm coming. One that is going to be larger…
In this episode of the Keiser Report, Max and Stacy discuss the China Effect on oil and bitcoin markets. In the second half, Max interviews Chris Blasi of the PMC Ounce. They debate whether or not bitcoin is the new…
Silver Doctors Friday Wrap: Sure, they have succeeded in smashing price lower on the week, but gold & silver refuse to drop a handle! WE GET THE VICTORY, and that will bother them even more than today’s closing prices… First this (queue Rocky theme…
The demise of the U.S. dollar has been a staple of the financial media for decades. The latest buzzword making the rounds is de-dollarization, which describes the move away from USD in global payments. De-dollarization is often equated with the demise of the…
– £1 trillion crisis looms as pensions deficit and consumer loans snowball out of control – UK pensions deficit soared by £100B to £710B, last month – £200B unsecured consumer credit “time bomb” warn FCA – 8.3 million people in UK…
I have often used the words neoliberal, neocolonial and neofeudal to describe our socio-economic-political status quo. Here are my shorthand descriptions of each term: 1. Neoliberal: the commoditization / financialization of every asset, input (such as labor) and output of the economy; the…
Physical gold and silver in one’s own possession is the ultimate hedge against uncertainty. The Federal Government’s Own Report Acknowledges the EPA Was Responsible for the Disaster Mentioned in This Bill: On the morning of August 5, 2015, mine reclamation…
Gold Investment “Compelling” As Fed Likely To Create Next Recession – Is the Fed about to kill the business cycle? – 16 out of 19 rate-hike cycles in past 100 years ended in recession – Total global debt at all time…
By Zero Hedge In an extensive, must-read report published on Monday by Deutsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what may cause it, when it may happen, and how the…
What is real wealth? Money, right? Currency, gold, quatloos, you name it.Money is real wealth because you can use it to buy whatever you want. I would argue money in any form is only the means to acquire real wealth, which…
– Global debt bubble may be understated by $13 trillion: BIS – ‘Central banks central bank’ warns enormous liabilities have accrued in FX swaps, currency swaps & ‘forwards’ – Risk of new liquidity crunch and global debt crisis – “The debt remains obscured…
Last night did not go that well as we saw constant pressure on the precious metals throughout the night: Constant, steady pressure to the downside. This is in light of “Rocket Man” comments, many Floridians still without power as 3…