No Taper Tipoff: Fed Keeps the Easing … The Federal Reserve will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close. At a news conference, the central bank chief said if the economy continues to improve the asset-purchasing program could start winding down towards...Read More
Comeback: Why the US Sits at the Brink of a New Boom … It's the best-kept secret in the economics media: The United States is on the brink of a period of solid, long-term growth rivaling that of the 1950s and 1960s. It is not a finance-driven, self-destructive boom, like the 2000s' housing bubble. No, the new economy will be durably grounded in energy and heavy manufacturing, even th...Read More
Sen. Marco Rubio on immigration bill: No 'parades' for me … Marco Rubio is defending his participation in the Gang of Eight's immigration bill efforts, saying he knows it won't win him any "parades" among conservatives, but it's necessary. – PoliticoDominant Social Theme: It is a difficult task but one that the Gang of Eight has tackled courageously.Free-M...Read More
Christine Lagarde's 'allegiance' letter to Nicolas Sarkozy: 'use me' … Christine Lagarde, one of the most powerful women in the world as head of the International Monetary Fund, is facing acute embarrassment after a letter in which she urged former French President Nicolas Sarkozy to "use me" was found during a police raid on her Paris flat. – UK Telegraph...Read More
Majority of Americans Don't Trust Newspapers and Television News … Only 23 percent of Americans have confidence in newspapers, according to Gallup. Majority of Americans Don't Trust Newspapers and Television News … According to a new Gallup poll, confidence in mass media continues to fall … Continuing a decades-long downward trend, fewer than one-fourth of Americans have...Read More
India sets up elaborate system to tap phone calls, e-mail … India has launched a wide-ranging surveillance program that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said. The expanded surveillance in the world's most populous democracy, which the government...Read More
When it comes to commodity stocks, there is perhaps no name more prolific than BHP Billiton Ltd (BHP). The Australian-based natural resource giant has operations across the world and has its hands in everything from iron ore and natural gas to aluminum and diamond mining. And while the company's over 150-year history is certainly a testament to its success, BHP Billiton has recently fallen out of...Read More
Silver has declined from nearly $50/oz. two years ago to under $20/oz. today.Clearly, the bull market in silver and gold is over, and silver is headed back to five dollars per ounce, and for good reasons.Obviously, Obama's wise economic policies are finally beginning to cause the economy to bloom, with balanced budgets on the horizon that the government has just not yet told us about, but the sil...Read More
OUT JULY 9th ON BEATPORT, JB Hi-Fi NOW, SPOTIFY, iTUNES, & DANCE-TUNES.Subscribe to Definition of Sounds: http://bit.ly/DefOfSoundsFacebook: http://facebook.com/DefinitionofSoundsTwitter: http://twitter.com/DefofSoundsJoin Paul Covi on Facebook: https://www.facebook.com/Paul.CoviFollow Paul Covi on Twitter: https://twitter.com/Paul_CoviRead More
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The demand for oil has slumped in recent months and prices has fallen again amid fears that a second wave of COVID-19 could once again halt economic activity. With oil moving higher in recent weeks, some producers had begun to open the taps, which could send prices even lower. Energy companies are already dealing with significant oil supplies and hardly any demand, even as economies re-open. Rick...Read More
Scott talks to David Stockman about his latest article on the economic fallout from the coronavirus lockdowns. Stockman begins by pointing out a startling fact: though the stock market has now returned to all-time highs, the American job numbers are back down to where they were in the year 2000. This economic bloodbath, he insists, is not the effect of the virus at all-it is simply the result of a...Read More
The Fed is going to monetize nearly $1..5 TRILLION per year to keep this Ponzi scheme going. And it's all leading to economic Armageddon.. TF Metals Report founder Craig Hemke joins discusses.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic t...Read More
Robert Kiyosaki's recent Twitter update from quarantine, Robert explains this tweet:"ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @$17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75,000 in 3 years. PRAY for the BEST-PREPARE for the WORST."In this age of fiat money, Liquidity dete...Read More
Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More
An anonymous history professor at U.C. Berkeley has penned an open letter against the current narratives of racial injustice underpinning the BLM movement and ongoing protests over the death of George Floyd.Continue...Read More
133 days after Twitter "permanently" banned Zero Hedge on January 31, the social network has reinstated us after admitting it made an error.Continue...Read More
Credit Bubble Bulletin's Doug Noland saves the rest of us a lot of time by digging through the Fed's quarterly financial reports and presenting the results in an understandable form.Continue...Read More
"There is huge demand for physical gold. The amount of gold standing for delivery has increased almost every single day since first notice day. . . . If you go back two years ago, that never ever happened. . . . It looks like the Bank of International Settlements (BIS) is supplying the market to tamp down the price. We don't know when an actual failure to deliver event is going to happen, but the...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More