The All-Out War On Savers (aka Financial Repression) “As we’ve written about often here at PeakProsperity.com, those running today’s economy are doing their utmost to keep prudent savers like you from keeping their cash safely on the sidelines. They desperately want your savings pushed out into the economy so that their over-leveraged casino can continue […]
“‘Nothing is more important than this if you are looking at what will fundamentally influence the financial markets for the next decade-plus’… is demographics.” LINK HERE to the article Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority. […]
● Rethinking the Economics of Land and Housing By Josh Ryan-Collins, et al. Summary via publisher (Zed Books) Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this […]
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up David Morgan of The Morgan Report joins me for a wonderful discussion on the metals and the markets. He’ll share his insights on what the smart money is already doing, the dangers of complacency and the importance of limited counter party risk. Back […]
Lies, half-truths and cover-ups are all manifestations of fatal weakness. When we can no longer tell the truth because the truth will bring the whole rotten, fragile status quo down in a heap of broken promises and lies, we’ve reached the perfection of dysfunction. http://ads.investingchannel.com/adtags/OfTwoMinds/alternativeinvesting/300×250.js You know the one essential guideline to “leadership” in a doomed […]
What would you do with 128 million dollars? Many people like to daydream about winning the lottery, and I have to admit that when I was much younger I would do the same thing. If you were suddenly financially set for life, you could quit your job, buy your dream home, travel the world and […]
The Capital Spectator is traveling for the rest of the week. The usual routine may resume with Saturday’s Book Bits, definitely on Monday with the weekly wrap on the major asset classes. Meantime, stay cool. Source: The Capital Spectator
Are the Chinese getting close to announcing a new gold-backed currency? Well, if the record amount of Australian gold exports into China is an indicator, it may be close at hand. While the Chinese have been importing a lot of gold from Australia, it reached a new record high in 2017. According to the recently […]
Each new policy destroys another level of prudent fiscal/financial discipline. http://ads.investingchannel.com/adtags/OfTwoMinds/alternativeinvesting/300×250.js The primary driver of our economy–financialization–is in a death spiral. Financialization substitutes expansion of interest, leverage and speculation for real-world expansion of goods, services and wages. Financial “wealth” created by leveraging more debt on a base of real-world collateral that doesn’t actually produce more goods and […]
Watch Out Below For Coca-Cola Coca-Cola (KO) has been under pressure for a few years. KO is up roughly 33% since 2012. The S&P 500 is up roughly 88% over the same time frame. They have sought to streamline their business and have divested a lot of assets. But the clouds are still dark […]
If you have ever wondered why our leaders in Washington D.C. seem to act so strangely, the truth is that it almost always comes down to just one thing. It has been said that “money makes the world go round”, and that is definitely true in Washington. This year the federal government will spend more […]
Article: “While central bank interest rate policy has been a relatively muted factor in stock market performance recently – successive rate hikes and hawkish Fed inclinations have mostly been warmly greeted by stock market advances – this pattern is about to change, predicts a July 18 Macquarie research report .. Central bank quantitative interest rate […]
Chris Powell, Secretary/Treasurer of http://gata.org, and James Turk, Director of The GoldMoney Foundation and Founder of GoldMoney discuss the Exchange Stabilization Fund in this video. This fund was established in 1934 as a provision in the Gold Reserve Act. It only answers to the Treasury Secretary and the President. – Source Source: James Turk
Irish Playwright Oscar Wilde defied Aristotle’s memorable mimesis: Art imitates Life. In his 1889 essay The Decay of Lying, Wilde opined that, “Life imitates Art far more than Art imitates Life.” Jackson Pollock, the American painter, aesthetically rejected both philosophies as facile. We are left to ponder the genius of his work, which in hindsight, […]
The recent run of soft economic data inspires some pundits to claim that a new recession is brewing. They could be right, but they could just as easily be wrong. Although some numbers published to date have been weaker than expected, a broad profile of economic activity still reflects low recession risk. Near-term projections tell […]
Silver currently sells around $16, which would be sensible if the U.S. national debt was much less than its current $20 trillion. Given the massive national debt and 100 years of experience, silver prices could easily be double or triple their current prices, and far higher in a panic. WHY? Examine over a century of […]
Silver currently sells around $16, which would be sensible if the U.S. national debt was much less than its current $20 trillion. Given the massive national debt and 100 years of experience, silver prices could easily be double or triple their current prices, and far higher in a panic. WHY? Examine over a century of […]
The idea that all endeavors can be distilled down to statistics has put us in the Over-Quantification Box. http://ads.investingchannel.com/adtags/OfTwoMinds/alternativeinvesting/300×250.js Correspondent Chad D. recently submitted a thought-provoking commentary on the Over-Quantification of Life: “I think you could constructively explore the over-QUANTIFICATION of the US. Or we could call it the Wal-Martization of the US. The only […]
It looks like the effort to repeal Obamacare is completely dead, and that says a lot about the current state of the Republican Party. For decades, RINOs (Republicans In Name Only) have been using labels such as “Republican”, “conservative”, “pro-gun” and “pro-life” to get elected, but then once they get into office they govern like […]
Estimates for next week’s “advance” report on GDP growth for the second quarter continue to point to a rebound after Q1’s sluggish pace, but the outlook has been revised down in recent weeks. The Wall Street Journal’s latest survey data, for instance, is projecting a 2.7% advance for Q2 (real seasonally adjusted annual rate), based […]