Too often, you will hear people talk about how the economy affects gold prices and not how gold prices affect the economy. However, whether you are a gold collector, investor, or merely interested in this subject, it is vital to understand why gold prices matter and have a 360-degree image of the precious metals. Whenever… Read More
February 25, 2020 by SchiffGold 0 0 Last week, we told you about the rising level of subprime auto loan delinquencies. Well, there is a similar thing happening in the subprime credit card market. Is this the proverbial canary in a coal mine? Balances more than 30-days delinquent on credit cards issued by the roughly 4,500 banks smaller… Read More
Cryptocurrencies are based on blockchain technology that allows for de-centralized peer-to-peer transactions to take place outside the government-controlled banking system. Backers of cryptocurrencies such as Bitcoin tout their privacy advantages and resistance to inflation due to their strictly limited quantities. But what if this free-market innovation were co-opted to achieve opposite ends – centralized tracking… Read More
In this insightful interview, Max Keiser and Egon von Greyerz talk about the 2010s as a decade of fantasy and decadence. Central bankers medicine has enabled the terminally ill patient to survive for much longer than he should have. But that sadly will soon come to an end. Stocks will be a complete carnage, particularly… Read More
“Ring-a-ring o’ roses / A pocket full of posies / A-tishoo! A-tishoo! / We all fall down.” Some folk attribute this old nursery rhyme to the plague in England of 1665. But it seems singularly appropriate for coronavirus or COVID-19, about which, as yet, we know little. Its origin is, allegedly, a mutation of a… Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Silver is real money, not a debt-based fiat currency that will eventually fail. Silver bullion production requires capital and effort to mine and refine. We use it for solar panels, iPhones, cruise missiles and thousands of other items. Silver is monetary sanity. Prices… Read More
February 24, 2020 by SchiffGold 0 0 Last year at the Vancouver Resource Investment Conference, Peter Schiff bet Brent Johnson a gold coin that the Fed’s next move would be a rate cut. At this year’s conference, Peter collected his gold coin. Brent and Peter went on to debate the future of the US dollar. Brent says the… Read More
Keeping up appearances is about to get a lot harder for the central planners trying to manage perceptions of the U.S. (and global) economy. The coronavirus is going to have a meaningful impact on global supply chains, even if stock market cheerleaders haven’t fully realized it yet. This might be because the corporate media and… Read More
February 21, 2020 by SchiffGold 0 0 The interwebs are a strange place. We can learn about virtually anything with a few keystrokes. We have all kinds of information right at our fingertips. Unfortunately, a lot of it is utter BS. For instance, there was a video that went viral that made some people scared of gold. Back… Read More
February 21, 2020 by SchiffGold 0 0 Gold broke out this week. The yellow metal pushed through the $1,600 level and continued to climb. Conventional wisdom tells us this is all about safe-haven buying due to fear that the coronavirus will stunt global economic growth. That is certainly a factor. But could there be more to it than… Read More
Mike Gleason: It is my privilege now to welcome back Michael Rivero, founder and editor of WhatReallyHappened.com. Michael hosts a daily radio show and covers geopolitics, financial markets and many other topics like few others can and it’s always great to have him on with us. Michael, thanks for joining us again. How are you? Michael Rivero: I’m… Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Michael Rivero, host of the What Really Happened with Michael Rivero radio show joins me for an incredible interview on a range of topics including the plan to take out President Donald Trump, why we may not seen the last of Hillary Clinton,… Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Michael Rivero, host of the What Really Happened with Michael Rivero radio show joins me for an incredible interview on a range of topics including the plan to take out President Donald Trump, why we may not seen the last of Hillary Clinton,… Read More
February 20, 2020 by Michael Maharrey 0 0 The powers that be insist that inflation is low. In fact, the central bankers at the Federal Reserve tell us that low inflation is one of the reasons they can keep interest rates artificially low. But everyday people who go to the store each week smell a rat. We know… Read More
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an existing situation immeasurably worse, shutting down China and disrupting global supply chains to the point where large swathes of global production simply cease. The crisis is likely to be a wake-up call for… Read More
Here is a further illustration of the damage that zero rates cause to retail banking, in France and around the world. In 2000, when the Sino-British banking mastodon HSBC wanted to buy Crédit Commercial de France (CCF), it was in competition with the Dutch ING and had to put 11 billion euros on the table.… Read More
February 19, 2020 by SchiffGold 0 0 In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as… Read More
February 19, 2020 by SchiffGold 0 0 Peter Schiff recently appeared on SmallCap Power with Mark Bunting to talk about the stock market bubble. He said it’s the same type of bubble as 2008, only bigger. The source is the same. It’s artificially low interest rates. It’s quantitative easing. The central bank, the Federal Reserve, is responsible for… Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Breaking news: The Wall Street casino created another all-time high for the S&P 500 Index during the week ending February 14. Regular new highs reassure people, but others fear they are symptoms of another Fed inspired bubble. The “pickle” description is explained below.… Read More
The Gold/Silver ratio is doing exactly what you would want it to do if we’re about to see a meaningful bull move at this stage. Silver taking the lead ? Reproduction, in whole or in part, is authorized as long as it includes a link back to the original source. Source: GoldBroker.com