By Eric Chemi If you’re looking to predict where the economy is heading, look under your nose—right at your teeth. When times get tight, dental care slips. Tracking the performance of the nation’s dental industry, then, may suggest broader themes in the overall economy. Sikka Software provides business health-care applications to small and midsize practices, including dentists’ offices. [...]
Tag: silver
“Nobody Has Any Idea How Disastrous It’s Going To Be” Warns California Water Expert
Newly released images created from NASA satellite data illustrate the staggering effect the California drought has had on groundwater supply in the state. As Mashable's Patrick Kulp explains, the images show the amount of water lost over the past 12 years, with different colors indicating severity over time. “Nobody has any idea how disastrous it’s going to be,” Mike Wade of California Farm [...]
Obama’s Economy Is Creating Too Many Low-Paying Jobs – Real Danger for a Consumer Based Economy
By Peter Morici Despite another seemingly good jobs report, President Obama's approval rating is lower than a snake's belly, and Republicans could retake the Senate in November. Missteps in the Ukraine, Iraq and elsewhere weigh on voters' minds, but the economy — especially the jobs picture — is not what Obama cracks them up to be. The 5.9 percent unemployment rate is a fraud. The[...]
Implications of an Ebola Pandemic in the US – Could Our Fragile Economy Handle the Shock?
By Michael Snyder For the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States. But what if they are wrong? Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities? What would such an event do to our economy? I think that we can get some clues by[...]
TECHNICAL ALERT – Final Push Down In Silver To Set Up Massive Surge Above $100
KWN published an interview today that provides some spectacular charts regarding the silver market. Specifically, how the trading pattern in silver today is very similar to that of the 1970's, which preceded a 3,000% rise in the silver price. As to today's action in the silver market, the interview has this to share... This kind of engineered breakdown and capitulation in silver is what has[...]
The Central Bank Experiment that’s Destroying the Economy
By Addison Wiggin Addison Wiggin: When Janet Yellen gave her first news conference as Federal Reserve chair in March, the media pounced on her for “stumbling”; she was asked how soon they’d start raising the fed funds rate once quantitative easing was over and she said “about six months.” The market freaked out for an hour or so. But what else could she say? Imagine if she’d been[...]
Total Corruption, Financial Meltdown & Once In 600-Year Event
Long time and highly respected market analyst Richard Russell spoke with Eric King of King World News. In the interview Russell warned of a coming financial meltdown that he says will totally destroy the current financial system. The 60-year market veteran also discussed the fact that the world may now be witnessing a devastating once in 600-year event. Richard further shares his outlook[...]
ALERT – Market Signals for Dow, Gold & Silver from Expert Richard Russell
At 90 years old and still going strong, the Godfather of newsletter writers, Richard Russell, warned about “the great destroyer,” war, and silver. The 60-year market veteran also discussed major markets, gold, hyperinflation, and what is “dirt cheap” that he believes investors should be buying right now. Russell: “From the 1830s to the 1930s, almost all the important currencies were on [...]
Gold Soars and Stock Futures Plunge over Fed Minutes
Madrid (July 10) Gold prices jumped sharply on Thursday for a second straight day of gains, while stock futures tumbled as the reality of the Federal Reserve’s end to its bond-buying program began to gel with investors. At last check, gold for August delivery GCQ4 +1.49% was up $17.70, or 1.3%, to $1,341.60 an ounce. September silver SIU4 +2.31% added 50 cents, or 2.4%, to $21.54 an ounce. A[...]
Gold Climbs Above $1320/oz Ahead Of US Federal Minutes – Holding onto 2014 Gains
by Reuters LONDON: Gold prices firmed on Wednesday, climbing back above $1,320 an ounce, as fresh inflows into bullion-backed funds indicated rising investor confidence the metal ahead of the release of the latest Federal Reserve minutes. The world’s largest gold exchange-traded fund, New York-listed SPDR Gold Shares, reported a second straight session of inflows on Tuesday, taking its[...]