The share of young adults living with their parents broke out to new highs. The previous record was set at 48% in 1940, according to Pew data, which was one year into World War II. Continue...Read More
SoftBank was only a cog in the huge machinery.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealer...Read More
I'll start off by answering some questions from the comments section of recent videos and then we'll open it up to live questions. Got a question about gold? Buying a house? The next recession? The Fed? My investment strategies? Or maybe my favorite band? (Guns N Roses) ;) If you've got a question, whatever it is...I'm going to give you answer!! In this LIVE Q&A I'm going to help YOU build wealth...Read More
For the last few months, the firms of Warren Buffett (Berkshire Hathaway) & Ray Dalio (Bridgewater Associates) have been changing their investment strategies towards more inflation hedges. Buffett has recently increased exposure to energy companies and even a gold miner, Barrick Gold, along with his Japanese company investments that also have mining exposure."It is pretty obvious that with interes...Read More
"[Juniors] have raised a lot of cash in the last few months. Everybody's excited about the higher gold price."Continue...Read More
The Federal Reserve has effectively declared war on savers by vowing to hold short-term interest rates near zero, likely for years to come. Longer-term bond yields also plummeted to record lows (below 1% for most maturities) this year.David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial he...Read More
"In the absence of a vaccine, we may have to live this way for years."Continue...Read More
For the past few years, the US financial system and the Fed have been playing a game of chicken in which the Fed tries to tighten (or at least stop easing) and the stock market behaves like an addict deprived of its heroin.Continue...Read More
Continue...Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. He has testified before congressional committees on 30 o...Read More
"It could be a good hedge with interest rates where they are, with the dollar where it Continue...Read More
"Trump is going to win, but when Trump wins . . . these people are just going to go crazy and escalate the violence."Kevin Shipp is a former CIA Officer.There is free information and analysis on Kevin Shipp's website called ForTheLoveOfFreedom.net. You can also buy a copy of Shipp's book called "From the Company of Shadows." Read More
One would think this would have major repercussions within the organization. But Harrell was not warned or reprimanded by the NBA for his statements.Continue...Read More
"Everywhere you look we're avoiding war by inches."Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Sprott Money News ? Sprott Money News Weekly Wrap-up - 9.4.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipien...Read More
This week's guest expert, Brent Johnson of Santiago Capital explains the Dollar Milkshake Theory and why he predicts the vast one-sided trade against the US dollar is dangerously wrong. In the short term, if surprised by a sharply-rising dollar, markets will likely sell-off further.Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.Adam Taggart is the President and Co-Fou...Read More
This is indeed a conspiracy by those running Twitter to YouTube to suppress the truth and further the destruction of all our rights and freedoms. This is about supporting an agenda to crashContinue...Read More
Like it or not, governments now play a major role in determining who has access to and who can use capital.In a sense, they have positioned themselves in the center of the capital allocation chessboard.Continue...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal...Read More
The last 60 or so days have been basically biblical in terms of crazy weather in China. Over that span China has had to deal with record rains not seen in almost 80 years, 5 large waves of flooding that almost broke the Three Gorges Dam, droughts in other parts of China not hit with flooding and then also locusts! Yes, locusts!Jason Burack is an investor, entrepreneur, financial historian, Austria...Read More