Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure..
The late 1980’s experienced what was back then considered a housing bubble, though it was much smaller in scale than the two housing bubbles this century. But here’s the kicker..
As a consequence, rate hikes won't tame inflation. The Fed will have no choice but to continue enabling the government's spending spree by creating new currency and buying Treasuries..
The price of a specific item or asset at any given time is a reflection of all those varying opinions. The current price of gold at $1750 oz. reflects a specific loss of 98.8 percent in US dollar purchasing power.
Bear-market rallies are always built on delusions. A breath of hope returns to the dying bulls, and all the testosterone and adrenaline rushes to their veins.
The Biden administration is bent on flooding the economy with more deficit-financed stimulus. This week President Biden announced a massive debt forgiveness..
