As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More
As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More
Traders Summit, Released on 5/7/22Marc Faber, publisher of the Gloom Boom Doom report, sits down with Blake Morrow to discuss the moves from the FOMC lasts week and talk about how current monetary policy will shape the markets for years to come. Inflationary pressures, brought on by the Federal Reserve, can have parallels drawn to the 1970's as Marc Faber points out. Marc discusses the real estate...Read More
As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More
I have the Contrarian Curse, and I have it bad. The Contrarian Curse is: as soon as the herd adopts your previously contrarian view, you start questioning the new consensus, just as you questioned the previous consensus.Example #1: fiat currencies are doomed. After all, if creating “money” out of thin air solves all our problems, why not just let everyone print as much as they want at...Read More
As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More
The final ruling on the Aznalcollar project, from the Spanish Criminal Court, is expected this year, noted a Clarus Securities report.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJ:FSE) has prevailed at all levels of Spain's Criminal Court regarding its legal action concerning the Aznalcollar project, "a trend we firmly believe will continue," noted Clarus Securities analyst Varun Arora in...Read More
Doug Casey's Take, Released on 5/6/22 Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provide...Read More
Stansberry Research, Released on 5/6/22Inflation today compared to the 1980s, "is a completely different animal this time around, and the situation is so beyond what the Fed can do now," says Peter Grandich, founder of Peter Grandich & Company. The enthusiasm over this week's Fed rate hike is misrepresented, he tells our Daniela Cambone, because Powell and the Fed, "will still be behind the curve,...Read More
Wall Street Silver, Released on 5/6/22David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him...Read More
Bloomberg, Released on 5/6/22Mohamed El-Erian, a Bloomberg Opinion contributor, calls the April U.S. employment report "generally strong" and says the market is seeing right through the Federal Reserve's attempt to "fool" the market. Part 1 (parts 2 & 3 below)Mohamed El-Erian, a Bloomberg Opinion contributor, says markets haven't priced in liquidity and credit risk and there is no safe haven in th...Read More
Harry S. Dent Jr., Released on 5/6/22Bond rates unexpectedly have fallen, indicating investor mistrust of the Fed and sense that inflation is substantial. Economist Harry Dent discusses the best way to play the coming market downturn. Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicat...Read More
Kinesis Money, Released on 5/6/22In this week's Live from the Vault, Andrew Maguire reveals a glaring LBMA price fix is wreaking havoc on the gold market, after a tidal wave of global physical demand. The precious metals expert speaks on Russia's action to strengthen the Ruble with physical backing and whether increasing demand will be the hair-trigger for a global gold price reset.00:00 Start01:4...Read More
Daily Mail, Released on 5/6/22Elon's $50,000 Texas ranch is laid bare for first time - complete with rocket-shaped kids' playhouse and Tesla solar panels - just a block from SpaceX Starbase and two miles from Mexican borderContinue... Elon Musk lives in $50,000 house in rural Texas... Check the photos... added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Daily Mail, Released on 5/6/22'On the basis of these elements it has been recommended that the yacht be placed on the current European Union sanctions list and the Minister of Finance in Rome has agreed.'Continue... Italy Seizes Putin's $700 Million Yacht added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Jim Lewis - Twitter, Released on 5/6/22"The Big Short 2" is going to be incredible. Don't you think? pic.twitter.com/LpRuYb2Nnl- Jim Lewis ??'???'??'? (@Galactic_Trader) May 6, 2022 "The Big Short 2" is going to be incredible added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 5/6/22No more LSAT, the single best predictor for success in law school. More obliteration of distinctions w/goal of covering up real differences in talent/aptitude. Law school should be hard. Continue... American Bar Association recommends ending the LSAT to help minority applicants to law school added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Kitco News, Released on 5/6/22A recession is set to occur by 2024, but there is a silver lining for precious metals and the U.S. dollar. That is according to Jeff Christian, managing partner at the CPM group. Christian spoke to David Lin, anchor and producer for Kitco News. Christian believes that a recession will likely occur by 2024, which will affect the silver market.0:00 - Silver8:00 - Inflat...Read More
Liberty and Finance, Released on 5/6/22The US Dollar Index hit a 20-year high this week, the Nasdaq fell 5% in one day, and precious metals continued to fall. "Something is broken," says trader Gareth Soloway. The market movements we're seeing could mean catastrophe in the near future. The Dollar strength could lead to a recession, he says.0:00 Intro1:06 Volatility4:48 USD Index7:28 Dollar Index10...Read More
King World News, Released on 5/6/22Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the inve...Read More