by James Rickards - Posted Oct 20, 2014 Editor’s. Note: On Oct. 6, 2014, Jim Rickards was interviewed by Bloomberg TV for his thoughts on gold, currency manipulation and the overall strength of the global economy. You can read the transcript below… Bloomberg TV: I wonder, Jim, how you… First your reaction to that statement that the economy is stable… at least relatively. Are [...]
Tag: deflation
19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
By Michael Snyder, on October 20th, 2014 Barack Obama and the Federal Reserve are lying to you. The "economic recovery" that we all keep hearing about is mostly just a mirage. The percentage of Americans that are employed has barely budged since the depths of the last recession, the labor force participation rate is at a 36 year low, the overall rate of homeownership is the lowest that it has[...]
World Economy So Damaged it May Need Permanent QE
Markets are realising that the five-and-a-half year recovery since the financial crisis may already be over, says Ambrose Evans-Pritchard by Ambrose Evans-Pritchard Telegraph.co.uk Combined tightening by the United States and China has done its worst. Global liquidity is evaporating. What looked liked a gentle tap on the brakes by the two monetary superpowers has proved too much for a fragile[...]
9 Ominous Signals Coming From The Financial Markets That We Have Not Seen In Years
By Michael Snyder, on October 14th, 2014 Is the stock market about to crash? Hopefully not, and there definitely have been quite a few "false alarms" over the past few years. But without a doubt we have been living through one of the greatest financial bubbles in U.S. history, and the markets are absolutely primed for a full-blown crash. That doesn't mean that one will happen now, but we are[...]
A Win-Win Scenario for Gold Investors – Their Time Has Come
Volatility and price drops may be nerve wracking, but the bull market in gold is far from over. In fact, it has barely begun. To understand why, it helps to look at two prior episodes in the relationship of gold and money that are most relevant to today. These episodes were a period of extreme deflation, the 1930s, and a period of extreme inflation, the 1970s. History shows that gold does well[...]
Why Is the Put-Call Ratio (Fear Gauge) Higher Than in the Lehman Collapse of 2008?
by Charles Hugh Smith - October 14, 2014 The rising fear may reflect a shift in sentiment from faith in the omnipotence of central banks to skepticism. Editors Note - The US Dollar is strictly a faith based currency "full faith and Credit." Once this delusion is lost, life in the US enters a realm unimagined by the unprepared masses...and precious metals go to the moon. By at least one[...]
Wall Street’s Dohmen: The ‘Specter’ of Global Recession Is Very Real
By Melissa Clyne The world economy is headed into a recession but “naïve money managers” and others seem to be oblivious about what’s happening, financial expert Bert Dohmen said Friday on Newsmax TV's “America’s Forum.” He also discussed the turmoil in the markets after the Dow’s Thursday drop of more than 300 points as well as the effect of the Ebola crisis on the global[...]
Author James Rickards: Global Economy Is in ‘Indefinite Depression’
By Dan Weil It wouldn't be fair to call ace money manager James Rickards an optimist about the global economy. "We are in a depression. This is a global depression," the author of "The Death of Money: The Coming Collapse of the International Monetary System" told RT news service. "It started in 2007, and it is going to continue indefinitely. Depressions are structural, monetary solutions are[...]
Why the Federal Reserve Will Launch Another Round of QE – Fending Off Powerful Deflation
By Richard Duncan In November 2002, Fed Governor Ben Bernanke introduced the concept of Quantitative Easing to the world. In a speech entitled “Deflation: Making Sure It Doesn’t Happen Here”, he explained that the Fed could prevent deflation from taking hold in the United States by creating money and using it to acquire government and agency (i.e. Fannie Mae and Freddie Mac) bonds. He[...]