Oct 12, 2017 - 07:18:46 PDT

Come On, Bondholders! Give Puerto Rico a Break

You took on risk. You lost. That's life. Now think of the victims of Hurricane Maria.

Oct 12, 2017 - 07:08:34 PDT

FEMA: Say It's Not Their Job to Distribute Food, Water in Puerto Rico

Nearly three weeks after Hurricane Maria brought devastation to the island of Puerto Rico, people in the town of Aibonito still have not received any food or water from the Federal Emergency Management Agency. The reason? FEMA said it’s not their job to distribute food and water to the hurricane victims.

Oct 12, 2017 - 06:58:59 PDT

Puerto Rico's Hurricane Death Toll Rises to 45

Nearly three weeks after Hurricane Maria pummeled Puerto Rico, the vast majority of the island remains without power & the death toll from the storm has risen to 45

Oct 12, 2017 - 06:43:39 PDT

Kenneth Rogoff: Bitcoin's Bubble Will Burst Under Government Pressure

The cryptocurrency is up 1,600% in two years – but state efforts to remove its near-anonymity will undermine its popularity

Oct 11, 2017 - 11:06:21 PDT

Michael Pento - Massive Global Defaults Coming in 2018

I like all precious metals, they are going to be in a massive & unprecedented bull market sometime in 2018.

Oct 11, 2017 - 11:49:17 PDT

Rick Santelli & Yra Harris - Buy the Dips on Gold

Central Banks and the damage of years of mis-allocated capital

Oct 11, 2017 - 16:30:09 PDT

Germans Have Quietly Become the World's Biggest Buyers of Gold

Germany’s rise to become the world leader in gold investing is a compelling story that’s quietly been developing for the past 10 years.

Oct 11, 2017 - 14:26:03 PDT

James Rickards: A Black Swan Looms - War With Korea Inevitable

Jim is convinced the U.S. is on a path toward war & will have to attack before they miniaturize their nuclear warheads to missile size.

Oct 11, 2017 - 15:58:32 PDT

Three Reasons the World Could Turn Its Back on the US Dollar

A combination of geopolitical pressures could spark the end of the U.S. dollar as the world's reserve currency.

Oct 11, 2017 - 15:27:56 PDT

Inflation Alert: The Best Predictor of Future Inflation Just Went Off

I have long stated that this is intentional as the purpose of CPI is to hide the true rate of inflation so the Fed can paper over the decline in living standards that has plagued the US for the last few decades.

Oct 11, 2017 - 15:03:51 PDT

Your Pension Is a Lie!

There’s $210 Trillion of Liabilities Our Government Can’t Fulfill. If you are dependent on Social Security to fund your retirement, recognize that your future is an unfunded liability—a promise that’s not really a promise because it can change at any time.

Oct 11, 2017 - 15:00:54 PDT

Illinois Debt Crisis Deepens

Comptroller Admits No Idea What True Balance Of Outstanding Bills Is

Oct 11, 2017 - 14:56:19 PDT

The Fed Has Absolutely Nothing to Worry About. Right?

"What I don’t want to see us do is raise rates so fast that we get an inverted yield curve because history has shown an inverted yield curve has tended to be a precursor to a recession,"

Oct 11, 2017 - 12:12:58 PDT

Worlds Largest Money Manager: Biggest Fear for Markets - a Fed Mistake

"We want to avoid an inverted yield curve." BlackRock chief Larry Fink says if the Fed tightens too much that could put the bond market out of whack and hurt stocks.

Oct 11, 2017 - 12:08:12 PDT

Gold Pops, Dollar Drops as Rate-Hike-Odds Slide After Fed Minutes

Fed officials' concerns about non-transitory low inflation sparked a dovish drop in the dollar and pop in precious metals...

Oct 11, 2017 - 11:24:26 PDT

FOMC Minutes Show Schizophrenic Fed Fears Low Inflation Here to Stay

The yield curve has collapsed since The Fed's hawkish September statement & balance sheet normalization is believed to be like watching paint dry.

Oct 11, 2017 - 10:36:06 PDT

North Korea Says Trump Has 'Lit the Wick of War'

Foreign Minister Ri Yong Ho says the U.S. and North Korea "need to settle the final score, only with a hail of fire, not words."

Oct 11, 2017 - 10:25:49 PDT

US Sends SECOND Nuclear Warship Within Strike Range of North Korea

A NUCLEAR-powered US aircraft carrier with 7,500 seamen on board is expected to join the build-up of warships amassing near North Korea.

Oct 11, 2017 - 09:34:40 PDT

In a Cashless Society Here's What Happens When the Power Goes Out

makes ordinary people sitting ducks whenever there is a natural disaster, or even worse disruptions such as wars.