Dec 7, 2017 - 06:23:07 PST

America's Disappearing Mortgage Tax Break Finds Few Defenders

(Beware of Tax Carveouts And Shrinking Middle-Class​ Incentives!) One of America’s most popular tax breaks is about to be rendered nearly useless. And there are few economists rushing to defend it.

Dec 7, 2017 - 06:21:30 PST

Fannie-Freddie Overhaul Plan Comes Into Focus on Capitol Hill

Congress still has a long way to go before resolving the most significant overhang that remains from the 2008 financial crisis. But a consensus is emerging around principles for overhauling Fannie Mae, Freddie Mac and the U.S. mortgage-finance system.

Dec 7, 2017 - 06:13:12 PST

Dodd-Frank Rollback Bill:

This bill, like the tax bill last week & the health care bill before it, sends the message that this Congress is not very interested in helping hardworking middle-class Americans. “It’s Christmas for the C-Suite and Crumbs for the Cratchits”

Dec 7, 2017 - 06:08:26 PST

Ryan: Medicaid, Medicare Spending Cuts in 2018 To "Tackle the Deficit"

Health-care entitlements such as Medicare & Medicaid “are the big drivers of debt,” Ryan said

Dec 7, 2017 - 06:02:35 PST

North Korea Says U.S. Threats Make War Unavoidable

Two American B-1B heavy bombers joined large-scale combat drills over South Korea on Thursday amid warnings from North Korea that the exercises and U.S. threats have made the outbreak of war "an established fact".

Dec 7, 2017 - 05:58:48 PST

California Fires Enter the Heart of Los Angeles

A brush fire erupted near the Getty Museum before dawn on Wednesday, while a much larger fire continued to rage out of control in the Ventura area.

Dec 6, 2017 - 10:20:27 PST

Jeff Clark: Gold Building a Base, Is Something Big Coming?

Jeff Clark, a globally recognized authority on precious metals, talks about the consequences of the increase in demand for physical gold while mine production decreases.

Dec 5, 2017 - 03:15:20 PST

End of Year Reminder: Sell ETF Losses; Buy Physical Metals—No Wash Sale Rule

We know our readers invest in precious metals in various ways. One way is through ETFs. If you are one of these investors, pay taxes to the U.S., and are holding onto any positions with a loss since the time you bought, here’s a heads-up: if you act by December 31, you can capture that loss on your taxes without losing your exposure to metals.

Dec 6, 2017 - 12:58:18 PST

Dave Morgan: Supply or Demand - What Drives the Silver Price?

There is a Disinformation War taking place in the silver market as certain industry analysis is confusing individuals by purposely disregarding the tremendous impact of rising investment demand.

Dec 6, 2017 - 14:14:53 PST

Is Tax "Reform" Good for the US Dollar? How About Gold?

Sooner or later, competitive currency debasement will matter. Gold is likely to be the primary beneficiary.

Dec 6, 2017 - 08:52:58 PST

Stagflation Is the Theme for 2017/18

Gold rose 24x, Silver 36x. Given the size of this everything bubble, could be even more this time around, especially in Silver.

Dec 6, 2017 - 08:26:04 PST

Trump's Nominee for the Fed Would Like to Abolish Paper Currency

Marvin Goodfriend says it would be easier to impose negative interest rates if people couldn’t hoard cash.

Dec 6, 2017 - 11:09:59 PST

Visualizing the 4,000 Year History of Global Power

Imagine creating a timeline of your country’s whole history stretching back to its inception.

Dec 6, 2017 - 12:52:11 PST

How Tax Cuts Will Trigger Recession

The current economic expansion is now the third-longest since World War II. It’s also the weakest. Here’s a chart I showed last summer.

Dec 6, 2017 - 12:39:17 PST

Jeffrey Gundlach December 2017 Webcast

Central Bank Assets Soar But So Far So Good

Dec 6, 2017 - 12:32:12 PST

Bi-Weekly Economic Review: Who You Gonna Believe?

The movement of the yield curve tells us that long-term bonds are not buying the tax cut growth story.

Dec 6, 2017 - 12:02:39 PST

Don't Just Hold It, Keep Buying Is the Recipe for Successful QE

Central bankers across the globe have lauded quantitative easing, the crisis tool that they say averted outright deflation.

Dec 6, 2017 - 11:42:21 PST

US Report Underscores West Coast Homeless Crisis

LOS ANGELES (AP) — The nation's homeless population increased this year for the first time since 2010, driven by a surge in the number of people living on the streets in Los Angel

Dec 6, 2017 - 11:26:39 PST

ECB Caught in Sprawling Scandal After Bonds It Owns Implode

But the real punchline is who was one of the bond buyers: this guy.

Dec 6, 2017 - 10:54:55 PST

Greenspan on Tax Overhaul - Inflation Is Biggest Danger

Greenspan: Congress should focus on the deficit or risk Inflation getting out of control.