Stansberry Research, Released on 5/9/23For Part 1 of this interview, CLICK HEREIn the second part of our interview with E.B. Tucker, bestselling author of Why Gold, Why Now?, he details how the Fed's actions are weighing on consumers. "You don't tell the builder what kind of house you want. They tell you what kind of house we're gonna get," he says, highlighting that folks end up living in a space...Read More
Zero Hedge, Released on 5/9/23Stan Druckenmiller thinks the US economy is teetering on the edge of a recession, predicting a Continue... "A Lot More Bodies Coming" - Druckenmiller Warns Of "Hard Landing", Blasts Fed "Free Money" Making People Do "Really Stupid Things" added by Herman James on 05/10/2023View all posts by Herman James ?+'Read More
The Felder Report, Released on 5/9/23It's no secret that for the past decade and a half the Federal Reserve has made it its mission to Continue... Jesse Felder: The Great Wealth Illusion added by Herman James on 05/11/2023View all posts by Herman James ?+'Read More
The phrase "X-Date" may remind readers of the TV drama The X-Files or the superhero X-Men. It actually refers to the date when the U.S. Treasury goes broke.The problem arises from the fact that issuing U.S. Treasury debt beyond a certain ceiling requires approval from the U.S. Congress. The amount of outstanding debt today is at the current debt ceiling.The Treasury is allowed to issue new debt to...Read More
Genevieve Roch-Decter, CFA - Twitter, Released on 5/9/23Good Morning Everyone! Here is the interest rate you will earn on your bank deposit: - Wells Fargo: 0.15%- Citibank: 0.05%- Chase: 0.01%Meanwhile, you can earn 5% on money market fund.Do what you will with this information.- Genevieve Roch-Decter, CFA (@GRDecter) May 9, 2023 The banking crisis is far from over added by Herman James on 05/09/2...Read More
Tucker Carlson - Twitter, Released on 5/9/23We're back. pic.twitter.com/sG5t9gr60O- Tucker Carlson (@TuckerCarlson) May 9, 2023 Tucker Carlson announces his new show coming to Twitter added by Herman James on 05/09/2023View all posts by Herman James ?+'Read More
Technical analyst Clive Maund takes a look at gold prices in a number of currencies from the U.S. dollar to the South African Rand to tell you where he believes the sector is headed.*Disclaimer: The article is the opinion of Clive Maund and not of Streetwise Reports. Topics discussed may be controversial to some readers.*With the gargantuan debt bubble built up over many decades now collapsing and...Read More
The LaRouche Organization, Released on 5/9/23Only the most ignorant can accept the words of Fed Chairman Powell that the banking system is "fundamentally strong." In reality, nearly half the banks in the U.S. are insolvent, due to the collapse of the physical economy. The collapse of the German economy, under Green deindustrialization policies, is moving even faster. Yet, instead of addressing thi...Read More
Institute for Peace and Prosperity, Released on 5/8/23NATO's post-Cold War history is that of an organization far past its "sell-by" date. Desperate for a mission after the end of the Warsaw Pact, NATO in the late 1990s decided that it would become the muscle behind the militarization of "human rights" under the Clinton Administration.Gone was the "threat of global communism" which was used to jus...Read More
Arcadia Economics, Released on 5/8/23There was significant news out of China last night, as at 3 AM eastern time, China just effectively made gold money again. Late last night, the commercial banks in China just created the ability for Renminbi savings accounts to be connected to gold accounts, so that Chinese citizens can now buy gold directly out of their savings accounts. China has long been en...Read More
Zero Hedge, Released on 5/8/23Speaking at Berkshire's annual general meeting in Omaha, Nebraska, the billionaire investor said he expects earnings at the majority of the conglomerate's operations to fall this year as the coming economic Continue... Warren Buffett Turns Gloomy: The "Incredible Period" For The US Economy Is Coming To An End added by Herman James on 05/08/2023View all posts by Herman...Read More
The Jay Martin Show, Released on 5/8/23CEO of Miles Franklin Andy Schectman believes that as more nations around the world start conducting trade outside of the U.S. dollar and the influence and scope of the BRICS nations continues to rise, there will be a challenge for world reserve currency status in the years ahead.00:00 Introduction01:33 Increase in Retail Gold Buying05:09 Current Precious Met...Read More
The David Lin Report, Released on 5/8/23David Rosenberg, Founder and President of Rosenberg Research, discusses his outlook for the economy, interest rates, and stock markets. 0:00 - Intro1:10 - Recession outlook5:10 - Labor market9:50 - Wages vs. inflation15:37 - Equity markets outlook19:00 - 25% decline on stocks?22:26 - Interest rate outlook29:40 - When will Fed pivot?35:00 - Consumer debt37:53...Read More
ALX - Twitter, Released on 5/8/232023 in a headline pic.twitter.com/t0jDkYMho1- ALX ???????, (@alx) May 8, 2023 2023 in a headline... added by Herman James on 05/08/2023View all posts by Herman James ?+'Read More
Zero Hedge, Released on 5/8/23Twitter CEO Elon Musk on Saturday questioned why the media misrepresents "the real situation" when it comes to interracial violence "to such an extreme degree."Continue... Elon Musk: Why Does The Media Misrepresent Interracial Crime Stats "To Such An Extreme Degree"? added by Herman James on 05/08/2023View all posts by Herman James ?+'Read More
CBS News, Released on 5/8/23An explosion might have been set off by a short circuit in a part of the mine hundreds of feet below the surface.Continue... Fire deep in a gold mine kills almost 30 workers in Peru added by Herman James on 05/08/2023View all posts by Herman James ?+'Read More
I recently gained two important insights about the Fed and markets. Taken separately, either one would have been significant. Then I realized the separate insights were actually connected at a deep level.This analysis could lead to a major breakthrough in my already sophisticated predictive analytic algorithms I use to forecast markets. What follows is a first-of-its-kind explanation.The first ins...Read More
Monetary Metals, Released on 5/8/23Doomberg joins the Gold Exchange Podcast to discuss the green energy pivot, whether a nuclear renaissance is possible, why the rules don't matter anymore, and what it means for the future.00:00-01:18 Doomberg03:33 Bank Failure09:11 Banks Financing Deficits11:46 This is NOT the 1970's14:53 The Rules Do NOT Apply18:44 History Rhymes22:10 Falling Rates and Energy26:...Read More
Institute for Political Economy, Released on 5/8/23One of the reasons this happens is that American conservatives have been primed for decades to see themselves Continue... Paul Craig Roberts: A country with a population this stupid has no future added by Herman James on 05/08/2023View all posts by Herman James ?+'Read More
Zero Hedge, Released on 5/8/23Central bank gold buying made a blistering start to 2023 when according to the latest report from the Continue... Central Bank Gold Buying Off To A Record-Breaking Start In 2023, Led By Singapore added by Herman James on 05/08/2023View all posts by Herman James ?+'Read More