Central banks have created a "milkshake" of different currencies and pushed liquidity into the global economy. As of 2016, the US started raising rates while the rest of the world was "mixing" the milkshake. As a result, raising rates acts as a straw that sucks the capital into the United States.So what is the outlook in the post-coronavirus economy? Brent Johnson, CEO of Santiago Capital, explain...Read More
"Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship.""Once politics become a tug-of-war for shares in the income pie, decent government is impossible".Continue...Read More
"We believe this is a game changer. It will reduce strain on the healthcare system, we'll have fewer people getting into a critical condition...WeContinue...Read More
"If a city or state refuses to take the actions necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve the problem for them." Continue...Read More
This means that the lower (and more negative) central banks push rates, the lower (not higher) the spending, the higher (not lower) the savings rate, the lower the inflation, the higher the disinflation Continue...Read More
Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on wealth preser...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
It's with an extremely heavy heart that I sit down to write today's post. Although widespread civil unrest was easy to predict, it doesn't make the situation any less sad and dangerous. We're in the thick of it nowContinue...Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More
One of the most well-known antidepressants in the country has fallen into short supply, as demand spiked due to mental-health strains caused by the Covid-19 pandemic.Continue...Read More
Covid-19 will have a decade-long impact on the economy according to the Congressional Budget Office.Continue...Read More
Investors still appear to be under-allocated to gold, and negative rates could draw interest from retail to the official sector." Continue...Read More
"We continue to think that positions are too crowded and that prices are too high to recommend re-entering longs." Continue...Read More
U.S. public companies sold over $60 billion in shares last month, the biggest monthly haul ever, as they capitalized on a stock market rally fueled by hopes that the COVID-19 pandemic is subsiding.Continue...Read More
Topics:The future of Hong Kong after the introduction of national security legislation. 7:35What if the US strips Hong Kong out of its special customs status? 11:30The case for investing in mainland Chinese and Hong Kong stocks. 13:00Why Kyle Bass' bet against the Hong Kong dollar is wrong-headed. 16:45Should locals get their assets out of Hong Kong? 22:00The deepening political and economic clash...Read More
Frank Giustra is a Canadian business executive, who has been particularly successful in the mining and filmmaking industries, and is a noted philanthropist. Mr. Giustra started out as an assistant trader and then became a stockbroker at Merrill Lynch in his early career. He later went on to join Yorkton Securities, where he helped launch a new branch geared towards financing resource companies in...Read More
"Who the hell are you one of you little press-titutes to call the election and everybody accepts it? This election wasn't called by anybody but the media, the same media that had Trump losing by 10%. . . . I think this will ultimately be decided in the Supreme Court."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestsell...Read More
Jason Liosatos' talk with Gerald Celente about us creating a new way of living and being, which we must build to replace this failed system which is clearly collapsing/being purposely collapsed, and enslaving us...Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the...Read More
"I would take this news more credibly if they came up with a vaccine and they said it worked, like, 53% of the time. There's something about that 94.5% that just looks fishy to me. You go from zero to 94.5Continue...Read More
"These are family businesses, these are moms and dads, brothers and sisters. I feel firmly we're the backbone of the city. And they're Continue...Read More