News December, 2018

what the top of a housing market bubble looks like in real time: seattle-bellevue November 19, 2018 - 09:33:52 PST

What the Top of a Housing Market Bubble Looks Like in Real Time: Seattle-Bellevue

Remember this chart. The inflection point was July. Conditions have deteriorated since, and woe betides those who will choose to "ride this out" until what they think will be an inevitable short-term uptick. Read More »

if you build it...home builder confidence falls off of a 4-year cliff November 19, 2018 - 07:38:34 PST

If You Build It...Home Builder Confidence Falls Off of a 4-Year Cliff

"The many headwinds that have been dogging the industry finally showed up in this report. Labor is still expensive, lots are still scarce, lumber is at the mercy of tariff politics, and now, mortgage rates are rising and customers are holding back." Read More »

the american dream? how impossible rents and zirp mortgages are making housing impossible November 19, 2018 - 07:13:05 PST

The American Dream? How Impossible Rents and ZIRP Mortgages Are Making Housing Impossible

"Although growth in the housing market is slowing, the number of million-dollar homes in the United States is on the rise, creating pockets of affluence in a housing market experts say is becoming increasingly unaffordable." Read More »

rethink what's possible: a decade+ from america's largest company, ge on the brink November 19, 2018 - 05:35:00 PST

Rethink What's Possible: A Decade+ From America's Largest Company, GE on the Brink

"GE was once America's most valuable company. Today it is fighting junk-bond status. Its stock has fallen to single digits and its investment grade bonds trade like high-yield debt, as the market bets it will continue to deteriorate and could end up... Read More »

do the chinese have enough gold to impose a new gold standard? November 19, 2018 - 05:28:27 PST

Do the Chinese Have Enough Gold to Impose a New Gold Standard?

"Were the Chinese to take a turn toward hard-money policies, it is hard to see how the US could match a sound-money plan from China. The US Government’s finances are already in very poor shape and a return to sound money would require a reduction in... Read More »

deutsche bank: the derivatives death star now ensnared in dankse bank money laundering scandal November 19, 2018 - 05:08:53 PST

Deutsche Bank: The Derivatives Death Star Now Ensnared in Dankse Bank Money Laundering Scandal

"Deutsche Bank probably thought the worst of its legal troubles (the Libor scandal, sales of shoddy mortgage-backed securities, FX and precious metal rigging resulting in tens of billions in legal fines) were behind it. But the struggling German lend... Read More »

china's former vice minister of trade on tariffs: "we will never have a deal" November 19, 2018 - 05:02:13 PST

China's Former Vice Minister of Trade on Tariffs: "We Will Never Have a Deal"

"So far, the US and China have traded tit-for-tat tariffs on goods totaling $360 billion, with the US acting as the aggressor, and Trump threatening numerous times to place tariffs on all Chinese imports to the US, worth around $500 billion." Read More »

the $170m utah silver ponzi scheme November 19, 2018 - 04:57:48 PST

The $170M Utah Silver Ponzi Scheme

"The complaint alleges that for more than 10 years, Gaylen Rust tricked investors who believed they were pooling their money so Rust and his company would sell silver held in a pool as market prices rose, and buy silver for the pool when prices fell.... Read More »

if you can't afford a second mortgage, risk dying of cancer: healthcare vs. the american dream November 19, 2018 - 04:54:48 PST

If You Can't Afford a Second Mortgage, Risk Dying of Cancer: Healthcare vs. The American Dream

"For David, the responsible head of a thriving middle-class family, having health insurance was non-negotiable. But the coverage he found to replace the company plan cost $1,375 a month." Read More »

for the 17th straight quarter, us household debt increases; delinquencies at 7-year high November 16, 2018 - 09:24:03 PST

For the 17th Straight Quarter, US Household Debt Increases; Delinquencies at 7-Year High

"Aggregate delinquency rates worsened in the third quarter of 2018. As of September 30, 4.7% of outstanding debt was in some stage of delinquency, an uptick from 4.5% in the second quarter and the largest in 7 years." Read More »

first auto, then credit, now student debt delinquencies tick up November 16, 2018 - 08:21:27 PST

First Auto, Then Credit, Now Student Debt Delinquencies Tick Up

The percentage of student loans now seriously (over 90 days) delinquent increased to 9.1% in Q3. Which means almost 10% of the single largest asset on the US government's balance sheet (student loans outstanding) are likely never getting paid back. Read More »

venezuela (with an assist from china) introduces card to track, reward, and punish citizens November 16, 2018 - 08:14:51 PST

Venezuela (With an Assist From China) Introduces Card to Track, Reward, and Punish Citizens

When Venezuelan government leaders visited ZTE in China, they realized they could get much more than a sophisticated ID card...they could create an individualized tool for the monitoring and control of their citizens. Read More »

pensions: when the law says something must be, that can't be November 16, 2018 - 07:52:19 PST

Pensions: When the Law Says Something Must Be, That Can't Be

You can pass all the laws in the world that make it absolutely mandatory, under penalty of imprisonment or anything else, that 1+1=11. At the end of the day, when there isn't enough money to pay out legally promised benefits to retirees, 1+1 will sti... Read More »

dollar sells off on fed vice chair richard clarida's dovish comments November 16, 2018 - 07:42:06 PST

Dollar Sells Off on Fed Vice Chair Richard Clarida's Dovish Comments

"Clarida said in an interview with CNBC offered a more dovish view on the Fed’s path to monetary policy normalization but said that central bank’s pace of rate hikes wasn’t too fast. Clarida also said the global economy showed signs of slowing." Read More »

telltale commodity weakness symptomatic of coming us and world economic decline November 16, 2018 - 05:40:52 PST

Telltale Commodity Weakness Symptomatic of Coming US and World Economic Decline

"Investors should heed the message being provided by Dr. Copper and Professor Oil rather than go with the optimism expressed by the Trump administration and the Fed. While the U.S. officials appear to be reacting to the faster economic growth that ha... Read More »

Having the Latest Gold Investment News at Your Fingertips Protects Your Wealth

Do you know where most of the purchasing power in the United States comes from? In addition to reactionary economic policy that drives the printing of new dollars whenever the whim strikes, paper currency extends its reach through fractional reserve banking. In the past, currency had to be borrowed from those who were saving; now, it is stretched to the breaking point. Today, every bank loans out the maximum allowed. When you deposit $10 in a checking account, that bank can loan out all but ten percent. That $9 is passed back into the economy and deposited into another bank; 90 percent of that deposit can again be loaned. Ultimately, a $10 deposit in a checking account creates $100 in fractional currency. A single dollar, in the hands of a modern bank, can become ten or more with fractional reserve lending.

The problem with this type of economic system is that paper currencies always self-destruct. It is worth remembering the mantra: "Cash is trash!" Only precious metals like gold and silver have the ability to adjust their value, and staying up to date on gold investment news properly positions you to be able to protect your wealth. Throughout history, gold and silver automatically revalued to catch up with the changes that have occurred with paper currency, cyclically adjusting based on the amount of currency in existence at any given time. Being attuned to these cycles requires staying on top of gold investment news and picking out the relevant from the noise.

News on gold and silver can also help you pinpoint the right moments to buy and sell precious metals, allowing you to have an active role in your wealth management and financial protection efforts.™ is a cycles investors with expertise in measuring both past and current gold markets and silver markets. We provide the latest breaking gold and silver news that will position you to be ready to take immediate advantage of wealth protection opportunities as they arise.

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