Nov 16, 2017 - 09:55:32 PST

US Industrial Production Rises To 2.88% YoY

The Fed is printing currency (M2) at a rate almost twice as fast as Industrial Production growth.

Nov 16, 2017 - 09:36:45 PST

Amazon Says "Almost Ready" to Get 1,000s Grocery Store Cashiers Fired

There are nearly 40,000 grocery stores in the U.S. employing roughly 3.5mm people, many of whom are cashiers.

Nov 16, 2017 - 09:33:06 PST

Initial Jobless Claims Jump Most Since 2016's Growth Scare

For the first time since 2016's growth scare, there are more Americans opening jobless claims than last year...

Nov 16, 2017 - 09:26:31 PST

How a New Inflation Measure Would Raise Taxes on the Middle Class

Tucked into Republicans’ tax overhaul bill is a technical tweak to how inflation is measured. It is designed to hold down the deficit, but over time it becomes a tax increase that hits many middle-class households who start out as the plan’s beneficiaries, Greg Ip writes.

Nov 16, 2017 - 09:24:16 PST

U.S. Tax Reform Poses More Risks for State and Local Governments

State and local governments could suffer hits to revenue collections under the tax reform bills being considered in the U.S. Senate and House because of the potential loss of a federal subsidy applied to bond issues and because a proposed increase in the standard taypayer deductions would affect some states.

Nov 16, 2017 - 09:14:30 PST

How Developments in Saudi Arabia May Foretell the Petrodollar Collapse

For the last 44-45 years, the petrodollar system has been ruling the world, which means that the international oil trade had been mostly paid for in US dollars.

Nov 16, 2017 - 08:11:51 PST

China Government Official Warns of Bubble Risks in Financial Sector

A rapid rise in the yuan could hurt China’s economy while a dramatic fall could trigger some risks

Nov 16, 2017 - 08:06:58 PST

ECB's Loose Monetary Policy Has Created Asset Bubbles

But Little Inflation (Hasn’t Helped Deutsche Bank Much Either). The European Central Bank’s unprecedented monetary stimulus has done little so far for inflation. For asset prices, it’s a different story.

Nov 16, 2017 - 07:25:39 PST

Europe’s Next Separatist Time Bomb Is Ticking

The threat is in Europe’s most volatile region: the Balkans.

Nov 16, 2017 - 07:22:47 PST

Housing Shock Conjures Swedish Crisis Ghost

Swedish house prices post biggest monthly decline since 2008, raising bubble fears

Nov 16, 2017 - 07:11:08 PST

There Is a Dark Cloud With Threat Hanging Over the British Economy

given the possibility of a new Labour government.... Two words: "Capital controls". #GotGold?​

Nov 16, 2017 - 06:55:21 PST

Da Vinci Christ Portrait Becomes the Most Expensive Artwork Ever Sold

Originally belonging to King Charles I, it disappeared in 1900 and was rediscovered around 2011 after an estate sale.

Nov 16, 2017 - 06:47:51 PST

Fed on Collision Course With Bond Markets on Curve

The conundrum faced by Alan Greenspan is back -- and possibly worse. This time, the Federal Reserve is confronting a “far more dangerous” backdrop in the bond market as it gears up to further raise interest rates.

Nov 15, 2017 - 09:48:19 PST

Million-Ounce Paper Gold Trades Are Becoming More Volatile Then Ever

Spikes ‘seem to be more frequent than they ever were’. Metal erases losses Tuesday after sudden plunge earlier

Nov 15, 2017 - 10:52:33 PST

Bill Gross: The Stock Market Top Is in - the Credit Cycle Is Peaking

Bill Gross, a portfolio manager at Janus Henderson Investors gives his reasons why he believes the top is in for the stock market.

Nov 15, 2017 - 11:58:20 PST

This Is Why You Based Your Money on Gold

When President Richard Nixon “closed the gold window” on August 15, 1971, he said it would be a temporary measure.

Nov 6, 2017 - 19:29:31 PST

So You’re a Bitcoin Millionaire! Now Where Do You Invest?

If you’ve made a profit from bitcoin and other cryptos, congratulations! You’re obviously a smart investor who spotted a trend early on and was able to profit. Hats off to you.But now it’s time to take some profits… right? If you were smart enough to buy in early, you’re smart enough to know that it’s not a profit until you take it. And that asset prices don’t rise forever, no matter how revolutionary the technology.

Nov 15, 2017 - 09:33:58 PST

Gold Goes for 3 Day Win as Dollar Drops

Gold futures tried for their third-straight gain Wednesday, helped as a key U.S. dollar benchmark languished at roughly three-week lows.

Nov 15, 2017 - 16:12:29 PST

Paulson Holds His Gold Investment Steady in Third-Quarter

Paulson & Co left its stake in gold investments unchanged in the third quarter, as concerns about North Korea's nuclear weapons program helped lift bullion prices to a 13-month high, a U.S. Securities and Exchange Commission filing showed on Tuesday.

Nov 15, 2017 - 16:11:01 PST

Huge Trove of Medieval Gold and Silver Coins Unearthed in France

A hoard of 21 Islamic gold dinars, 2,200 silver coins, and gold artifacts dating to the 12th century CE has been unearthed by archaeologists