Sep 18, 2017 - 06:50:32 PDT

Bank for International Settlements Discovers $14 Trillion Dollar Debt

The scale of this lending greatly increases the risk of a future funding crisis if inflation ever forces the US Federal Reserve to tighten hard

Sep 18, 2017 - 13:36:50 PDT

Debt Limit Gums up Treasury's Plan for Supply Bump as Fed Tapers

The U.S. Treasury has been planning for years how to deal with the funding gap set to open up when the Federal Reserve begins unwinding its $2.5 trillion hoard of the government’s debt. Now there’s a new wrinkle to prepare for, as the latest deal to extend the nation’s debt limit complicates matters for Treasury Secretary Steven Mnuchin just as…

Sep 18, 2017 - 13:29:08 PDT

Tens of Thousands in Euro Bills Clog up Toilets in Geneva

Swiss prosecutors are investigating a peculiar case. Someone at a Geneva branch of UBS bank tried to flush tens of thousands of euro down the toilet, Bloomberg reports.

Sep 18, 2017 - 12:59:51 PDT

Suddenly, "De-Dollarization" Is a Thing

For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar.

Sep 18, 2017 - 12:47:32 PDT

Jim Rickards on the Demise of the US Dollar

Understanding how the US dollar is impacted by the important trends in gold & crypto-currencies, is hugely important for your financial well-being.

Sep 18, 2017 - 10:56:11 PDT

Pennsylvania Will Run Out Of Cash, Leaving $860MM Of Bills Unpaid

Pennsylvania's funding crisis has only been exacerbated by a political dispute over whether the state's budget gap should be filled with extra taxes and/or expense cuts.

Sep 18, 2017 - 09:50:15 PDT

"U.S. Going Broke at Mach 30"

This is what Treasury Secretary Mnuchin meant by resorting to ‘extraordinary measures’ to keep the government humming. Sounds like Enron accounting to us.

Sep 18, 2017 - 09:27:44 PDT

Trump's Top Trade Negotiator Calls China `Unprecedented' Threat

China’s economic model represents an “unprecedented” threat to the world trading system that can’t be addressed under current global rules, President Donald Trump’s top trade negotiator said.

Sep 18, 2017 - 09:20:02 PDT

The Cardinal Sin Of Investing: Permanent Impairment Of Capital

Permanent impairment of capital is the cardinal sin of investing.Well, today's markets present a clear and present danger of coming capital impairment for those who don't take prudent action in advance of a market downturn. Don't be guilty of inaction. 

Sep 18, 2017 - 09:03:39 PDT

The Last Two Times This Happened Was in 2000 and 2007

The stock market bubble is now so massive that even Goldman Sachs is getting worried. Let’s be clear here: Wall Street does best & makes the most money when stocks are roaring higher. So in order for a major Wall Street firm like Goldman to start openly worrying about whether or not the markets are

Sep 18, 2017 - 06:37:22 PDT

Rising Credit Card Delinquencies to Add to U.S. Banks' Worries

U.S. banks, already under pressure from slower loan growth and low interest rates, could be facing yet another challenge as a rising number of Americans fall behind on their credit card payments.

Sep 18, 2017 - 06:14:52 PDT

Pension Storm Warning

This time is different are the four most dangerous words any economist or money manager can utter. We learn new things and invent new technologies. Players…

Sep 18, 2017 - 06:12:17 PDT

The U.S. Debt Bubble Will Soon Warrant Serious Measures

Global Debt Is Growing Faster Than Global GDP

Sep 18, 2017 - 06:07:56 PDT

Money-Supply Growth Drops Again — Falls to 108-Month Low

This assessment, of course, is reinforced by the Federal Reserve's clear reluctance to wind down it's huge portfolio, and to end its ongoing policy of low-interest rates — concerned that any additional tightening might lead to a recession.

Sep 18, 2017 - 06:05:01 PDT

Deutsche Bank: "Global Asset Prices Are the Most Elevated in History"

While they remain this high there is always a risk of a sudden correction that could be destabilising to a financial system and global economy

Sep 18, 2017 - 05:59:56 PDT

US Deploys Stealth Jets & Bombers as China-Russia Naval Drills

The US flew four F-35B stealth fighter jets and two B-1B bombers over the Korean peninsula on Monday in a show of force after North Korea’s latest nuclear and missile tests, South Korea’s defence...

Sep 18, 2017 - 05:19:42 PDT

Hurricane Equifax: 143 Million Impacted, 35% Loss in Equity Value

The massive breach of 143 million Americans’ personal information (Social Security numbers, credit card numbers, birthdates and other information).

Sep 18, 2017 - 05:05:43 PDT

Maria Forecast to Intensify to Category 4 Hurricane

Maria, now a Category 1 hurricane, is expected to become a "dangerous major hurricane" over the U.S. Virgin Islands &Puerto Rico by the middle of the week as a separate hurricane heads for the Northeast Coast, the National Hurricane Center (NHC) said Monday. Maria was churning in the Atlantic...

Sep 15, 2017 - 10:28:47 PDT

JIm Rickards: Here's Why the Fed Needs to Reprice Gold to $5000.00 Oz

Don't think that could happen?, It’s been done in the U.S. twice before in the past 80 years.

Sep 15, 2017 - 16:11:19 PDT

Mexico Debates The Monetization Of The 'Libertad' Silver Ounce

The "Libertad" silver ounce, the value will be adjusted upward, benefit the saver, who will retain his purchasing power no matter what may happen with inflation.