Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and the government will soon lead to the “mother of all economic crises.”
Energy is our primary resource. Energy facilitates all physical work done. It is the foundation for all farming, manufacturing, and distribution. Energy allows human populations to live in modern cities.
In the coming week, I am expecting the market to feel out for a bottom, and begin a rally. Should that rally respect immediate overhead resistance between 3987-4056SPX, then...
It's a potential $80 trillion black hole. A BIS Dec 5, 2022 report outlines how U.S. dollar debt in FX swaps and forwards is a huge, missing and growing black hole.
FACT NO. 1 The price of gold is NOT driven by demand for gold. FACT NO. 2 The price of gold tells us NOTHING about gold. The value of gold is in its use as money.
But there is one factor that will overshadow all the others in producing a deflationary bust: a strong U.S. dollar. It is only because the dollar has been in a steep correction since September that Bloomberg et al. can breathe...
If a state were to establish infrastructure to transact in gold and silver, it would have a real leg up – and so would its citizens – if or when the collapse of the Federal Reserve Note accelerates.
Andrew Maguire joins publisher and analyst London Paul to explore a multipolar metals market, following the reveal that China bolstered its gold reserves after offloading hundreds of billions of US Treasuries in recent months.