It’s been widely noted that the U.S. film industry ably functions as a pro-global hegemony propaganda machine: even when the plot features evil rogue elements at work in a global-hegemony agency (Pentagon, CIA, NSA, etc.), the competence of the agency is…
– Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe – Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis – Venezuela’s new 100,000-bolivar note is worth less oday thehan USD 2.50 – Maduro announces plans…
One of the enduring mysteries in conventional economics (along with why wages for the bottom 95% have stagnated) is the recent decline in productivity gains (see chart). Since gains in productivity are the ultimate source of higher wages, these issues are…
– UK debt crisis is here – consumer spending, employment and sterling fall while inflation takes off – Personal debt crisis coming to fore – litigation cases go beyond 2008 levels – October consumer spending fell by 2% in October, the…
While there are numerous dynamics at work in the turmoil roiling Saudi Arabia and by extension, the Mideast, one way to cut to the chase is to follow the oil, follow the money. Correspondent B.D. recently posited a factor that has been…
– Protect Your Savings With Gold: ECB Propose End To Deposit Protection – New ECB paper proposes ‘covered deposits’ should be replaced to allow for more flexibility – Fear covered deposits may lead to a run on the banks –…
As has been widely noted, the Republicans’ proposed “tax reform” is not only just more BAU (business as usual, i.e. cut taxes for the wealthy), it’s also not real reform. At best, it’s just another iteration of D.C. policy tweaks packaged for PR…
Both gold and silver ended last week with bad omens. Let’s look at those omens as it pertains to the problem the cartel has had for months: Open Interest In silver, open interest needs to come down: If it comes…
– Internet shutdowns (116 in two years) show physical gold is ultimate protection – Number of internet shutdowns increased in 2017 as 30 countries hit by shutdowns – Democratic India experienced 54 internet shutdowns in last two years; Brazil 2 –…
Max and Stacy discuss ‘buy bitcoin’ overtaking ‘buy gold’ in search engines. They also look at Buffett’s 100 percent crash threshold and vanishing stocks. Max interviews Cornell University Professor Dave Collum about his bucket list, his annual economic review and…
Chris Martenson unpacks the implications of the rapidly-changing developments in Saudi Arabia. There is growing threat to the petrodollar’s dominance, as well as developments underway that may well send oil spiking in price soon — both of which will have…
To understand the U.S. tax code and the endless charade of tax reform, we have to start with four distasteful realities: 1. Ours is not a representational democracy, it’s a political auction in which wealth casts the votes that count. Those seeking political…
– Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China – Chinese investors bought price dips, notching up fourth consecutive quarter of growth – Jewellery, ETF demand fell while gold coins and bars…
Correspondent Mark G. and I have long discussed the potential relevancy of old boundaries, alliances and structures in Europe’s future alignments.Examples include the Holy Roman Empire and the Hanseatic League, among others. In the long view, Europe has cycled between periods of consolidation…
In this episode of the Keiser Report Max and Stacy ask whether or not Prince Alwaleed bin Talal, who is currently under Ritz arrest, would have been better off had he owned bitcoin instead of Twitter and Fox. In the…