The Biden Administration can count on Wall Street to celebrate meaningless economic data and bogus GDP growth with steep rallies, even as the visible economy continues to implode.
The yellow metal’s average seasonal slump in modern bull-market years is mild, and mostly compressed into June. After tending to bottom in mid-June, gold generally recovers in July and August..
The SEC has effectively declared that all crypto exchanges are operating out of compliance with securities laws.
The threat of government crackdowns could spark a cascading loss of..
Essentially, the Debt Supercycle is the decades-long growth of debt from sustainable levels to a point where bond markets rebel and the debt must be restructured, or austerity or..
Famed billionaire Stanley Druckenmiller, who says he used to be really big on China as the rising economic giant of the world, now sees China as the fallen Goliath, having brought ruin upon itself because of Big Xi’s policies.
The Cryptocurrency is “As-Good-As-Gold’ Myth has been put to rest by many over the last year, but for those still holding on to the myth that cryptocurrency is going to recover and that it is ‘outside regulation’...
By intentionally wrecking things, this will give an excuse to roll out the FedCoin, which is the digital dollar or Central Bank Digital Currency (CBDC) per executive order 14067.
The problem is that the people on top, who see themselves as a distinct class and have huge amounts of both power and money, figure that they have the right to give orders to the plebs. They’re only marginally affected by the laws they pass.
As of today, central banks are enjoying their longest period of gold buying, which represents a dramatic shift in attitude from the 1990s and early 2000s.