by Steve Forbes The global economy is a mess today because most economists, bankers and political leaders don’t understand that most basic of subjects: money. When it comes to monetary policy, they have it backwards, thanks to the misbegotten ideas of John Maynard Keynes. Before Keynes and like-minded peers, economists understood that the real economy was the creation of products and[...]
Tag: dollar collapse
Are You Prepared For The Next Round Of The Financial Crisis?
by Graham Summers - October 15, 2014 The 2008 crash was a warm up. Many investors think that we could never have a crash again. The 2008 melt-down was a one in 100 years episode, they think. They are wrong. The 2008 Crisis was a stock and investment bank crisis. But it was not THE Crisis. THE Crisis concerns the biggest bubble in financial history: the epic Bond bubble… which as it[...]
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[...]
Is This The Start of The Long-Awaited Correction or Something Even Worse?
U.S. stocks sold off sharply last week, continuing the rout that began in late-September. Since the market’s peak, the SP500 fell 5.6 percent, the Dow lost 4.7 percent, and the Nasdaq Composite dropped 7.3 percent. A panoply of concerning factors combined to send jitters through the global financial markets over the past month: Tightening U.S. monetary policy (the end of QE3 and upcoming Fed[...]
Serious Financial Trouble Is Erupting In Germany And Japan – Stage Being Set for Next Global Crisis
By Michael Snyder There are some who believe that the next great financial crash will not begin in the United States. Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too. Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already[...]
How the Dollar Will Die – Follow This Market Indicator to Watch It Unfold
By Hugo Salinas Price All the currencies of the world today are derivatives of the dollar, including the Russian Ruble and the Chinese Yuan, and even the miserable currencies of Venezuela and Argentina. As long as they can be used to purchase dollars, either officially or through the black market, they will continue in circulation. The Mexican Peso circulates and has value, because Mexicans[...]
Another Crisis of Confidence in the Dollar is Coming – Monetary System Will Never Be the Same
By James Rickards On August 15, 1971, a quiet Sunday evening, President Richard Nixon took to the airwaves, preempting the most popular television show in America, to announce his New Economic Policy. The government was imposing national price controls and a steep surtax on foreign imports and banning the conversion of dollars into gold. The country was in the midst of a crisis, the result of an [...]
Gold Flowing to Asia – West Sells Its Future to Live in the Moment
As the MUST SEE charts below clearly demonstrate, gold is rapidly flowing out of the West to Asia…after a short layover in Switzerland. More and more gold is flowing towards the emerging economic powers in Asia. We do not conclude this based on just anecdotal evidence, but also based on the Chinese gold imports through Hong Kong and the increasing flow of gold out of Switzerland and the United [...]