With a long history writing about Wall Street and the economy, Nomi talks about her decision to return to finish her PhD during quarantine. Then, their conversation turns to what has been happening in the national and global economy as a result of the pandemic. Nomi contextualizes the current financial situation with a brief history of the Federal Reserve. She explains to Paul what actions the Fed...Read More
For the majority of Americans wondering when this socially distanced dystopian nightmare of '6 feet apart' and 'wear a mask!' and 'mandatory hand sanitizer' will finally be over, theContinue...Read More
The trend in metals is lower until proven otherwise. Continue...Read More
If you are making less than $3,000 a month, you have plenty of company, because about half of the country is in the exact same boat. The Social Security Administration just released Continue...Read More
"It is not good to be young in American in 2020."Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In b...Read More
0:24 - U.S. capitalist system is "broken"4:44 - $40 silver and $2,500 gold forecast6:38 - Silver's fundamentals9:14 - Macroeconomic problems12:39 - Are we still living in a free market?15:00 - Do we still need a Federal Reserve?17:49 - Gold confiscation19:56 - The problem with zero interest rates22:20 - The "magic" of royalty companiesGold will hit $2,500 an ounce by year-end, with silver outperfo...Read More
Links to Slides and Sources: https://www.itmtrading.com/blog/your-...Now that Gold has taken off in terms of its "nominal price" (aka spot price), there's a lot of questions and discussions around spot gold, the different types of physical gold, and how those function in relation to gold mining stocks.So today I'll not only show you the differences in these types and functions, but I'll show you h...Read More
"If you look at the supply side, it is unambiguously inflationary," Mohamed El-Erian, chief economic advisor at Allianz, told CNBC's "Squawk Box" on Monday. "What we need for inflation is for the demand side to come back. That is where the uncertainty is right now."Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chi...Read More
Want to know the bullion products Mike Maloney buys? Or what to focus on if you're new? Jeff Clark asked Mike these very questions in this short video, packed with useful information. It includes the one product that comprises the vast majority of his holdings. Plus, why we buy most of our bullion in small denominations. What are the top 5 products Mike buys??>>?Michael Maloney is a precious metal...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
The Purchasing Managers' Index (PMI) has hit two-year highs in August, suggesting that a pickup in demand for raw commodities, as well higher inflation, is on the way, said Frank Holmes, CEO of U.S. Global Investors. Holmes added that gold miners are likely to see record cash flow this quarter as a result of rising commodities demand.Frank Holmes is the CEO and chief investment officer of U.S. Glo...Read More
According to the Congressional Budget Office's (CBO) latest "Update on the Budget Outlook," this year's $3.3 trillion federal deficit is not just three times larger than last year: it is the largest federal deficit in history. The CBO update also predicts that the federal debt will equal 104 percent of the gross domestic product (GDP) next year and will reach 108 percent of GDP by 2030.The CBO upd...Read More
Astronomers have discovered potential signs of life on Venus, after identifying a gas called phosphine - a phosphorous molecule with three hydrogen atoms attached produced by bacteria which Continue...Read More
"An investor, not day trading on Robinhood, therefore should begin to play defense via heretofore shunned sectors such as tobacco, banks and even - yes, foreign companies listed on Continue...Read More
"Pharma corporations are sophisticated political actors that understand this is a risky time to be seen increasing prices, and yet these corporations are addicted to price increases." Continue...Read More
On Sunday, Li-Meng joined Twitter - and on Monday, just hours ago, she tweeted a link to a paper she co-authored with three other Chinese scientists titled:Continue...Read More
While central bankers, political powers, and financial elite provide a barrage of bewildering misdirection to ordinary people, we would be better served to note their actions, observe the trajectory and inexorable endpoint of the mega-trends that are being thrust upon us, and take decisive action so that we ourselves can, "live to play another day."Proprietary analyst Rob Kirby, founder of KirbyAn...Read More
he overvaluation of stocks relative to the economy has placed them in such rarefied space that the market is subject to dramatic and sudden air pockets. Our Inflation Deflation and Economic CycleContinue...Read More
"If stock prices decline, gold's upper hand should accelerate as base metals come under pressure."Continue...Read More
The underlying economy (U.S. and global) has a strong deflationary bias. Central banks can't tolerate deflation, so they respond with inflationary measures such as money printing, zero Continue...Read More