by Bill Bonner Worse Off We’ve been meaning to write about what hasn’t happened yet. Not that we claim any knowledge of tomorrow or the day after. But we can look at the present. And here’s a guess about where it might lead. The middle classes – aka “the voters” – expressed themselves last week. They have been sorely used and they know it. The biggest money-fabricating program of[...]
Tag: interest rates
American Financial Markets Have No Relationship To Reality — Paul Craig Roberts and Dave Kranzler
American Financial Markets Have No Relationship To Reality Paul Craig Roberts and Dave Kranzler As we have demonstrated in previous articles, the bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing down the price of gold since September 2011. Suppression of the gold[...]
Study: Wealth Disparity Greater Than Anytime Since 1929
Wednesday, 22 Oct 2014 07:00 AM By Michael Kling Wealth inequality is greater than anytime since 1929, new research from Emmanuel Saez of the University of California, Berkeley, and Gabriel Zucman of the London School of Economics reveals. "The share of wealth held by the top 0.1 percent of families is now almost as high as in the late 1920s, when 'The Great Gatsby' defined an era that rested on [...]
Why the Fed Will Continue to Print Money in 2015
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 [...]
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[...]
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[...]
RISING Rates Are a Screaming “BUY” for Gold…Don’t Let the MSM Talking Heads Mislead You
By Dr. Steve Sjuggerud - Tuesday, August 5, 2014 Simple logic would tell you to sell gold when the Federal Reserve raises rates... not to buy it. But the truth is, based on history, the price of gold actually soars in the 12 months before the Federal Reserve raises interest rates. Chances are the Fed will raise interest rates in 2015... so we are in that 12-month period right now. I know[...]