The April federal budget deficit came in at a staggering $738 billion as government coronavirus stimulus began flowing through the pipelines and revenue dipped due to the government lockdowns.Analysts expected a massive deficit in April, but it's still a staggering number. To put it into perspective, the previous record for a single month was $235 billion and that was just in February of this...Read More

By: Ira EpsteinGold chart action shows the triangle forming, the apex with the bulls in the control at its downtrend test..Read More

The mirage of quick growth vanished and realty bite came after Federal Reserve chairman Powell dashed hopes an early US economic recovery. He also struck down any chances of negative interest rates. Gold rose as a result. There was short covering in gold as well. At the moment gold looks headed for $1760. Silver will follow the trend of industrial metals. Overall sharp correction in silver will...Read More

Offer prices for bulk ferrous scrap cargoes to Bangladesh have increased over the past week after higher prices were paid elsewhere in Asia, but several buyers remained out of the market, sources told Fastmarkets on Thursday May 14.After hectic activity in March and April, the Bangladeshi import market for bulk cargoes has cooled significantly so far in May, with high scrap inventories in the coun...Read More

Jason and George discuss various topics ranging from is commercial or residential real estate better for investing, to a spreadsheet breaking down the numbers of an actual rental property. Incredible intel you just won't find anywhere else! Jason Hartman shares his years of experience in this info packed episode of The Rebel Capitalist Show!Jason Hartman is the Founder of Platinum Properties Inves...Read More

"No matter what they do it will never be enough."Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent...Read More

Just as polio killed or permanently handicapped millions worldwide before a vaccine was developed, medical experts are now drawing comparisons in scale with the coronavirus. Covid-19 is "this generation's polio" declares Nicolas Hart, the British physician who recently treated UK PM Boris Johnson. With the false claims of "it's just the flu" now disproven, we're now faced with how to live under th...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

The banks have had a ton of luck lately, and for a specific reason, but it's about to be "look out above"! Why have the banks been lucky, and when will their luck run out? Dave Kranzler joins Silver Doctors today to discuss that and all of the latest economic & market news.Some of the things discussed in today's interview include:President Trump had some choice words for short sellers on Twitter y...Read More

There's a huge gap between asset valuations and the economy. Just look to the Fed. Many times we were assured there would never be debt monetization. Now, they're not just buying corporate debt but also buying junk bonds as well. The Fed is actually making loans directly to businesses and passing out stimulus to anyone with a pulse. The Fed has truly gone rogue. And yet, inflation stays down. Q2 i...Read More

Mohamed El-Erian on the markets: There's a 'tug-of-war' between fundamentals and policy hopes.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harv...Read More

Mike was recently alerted to an excellent website by a friend: wtfhappenedin1971.com It is a simple site, that presents chart after chart showing the impact of a decision made by the Nixon administration in 1971. It was a decision that is probably the biggest event in the history of the United States - yet it is never mentioned in schools, history books, or economic forums. So, WTF happened in 197...Read More

Here are five Fastmarkets stories you might have missed on Thursday May 14 that are worth another look.ArcelorMittal Kryvyi Rih, Ukraine's major long steel producer, has decommissioned the first section of its blooming plant as a part of a strategy for sustainable development, the company said on May 14.The European Commission's (EC) prior surveillance of imports of certain aluminium products orig...Read More

SBTV's latest guest is Luke Gromen, founder of FFTT, LLC (Forest for the Trees). We discussed the massive debt hole the Federal Reserve will need to fill and why a bond auction where the Fed is the sole buyer is increasingly a likely scenario.Discussed in this interview:01:50 Life disrupted by the pandemic04:20 How bad is the damage to the real economy from shutdown?09:28 Limits to the Fed's money...Read More

As we're being subjected to "UNLIMITED" expansion of our debt burden via currency debasement, and the latest round of unimaginable bank bailouts, what is the REAL price of sound money - gold & silver? And is it even rational to allow governments to tax the sale of, or "gains" on money itself? Craig Hemke, founder of TFMetalsReport.com, returns to Liberty and Finance / Reluctant Preppers to answer...Read More

"We're mobilizing our military and other forces but we're mobilizing our military on the basis that we do have a vaccine. You know, it's a massive job to give this vaccine. Our military is now being mobilized soContinue...Read More

Mark Cuban, Dallas Mavericks Owner, joins "Closing Bell" to discuss the state of the markets/economy and when the NBA might resume play.Mark Cuban is an American business magnate, investor and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" in...Read More

The era of waste, fraud and living on borrowed money is dying, and those who've known no other way of living are mourning its passing.Continue...Read More

The most bullish scenario involves these markets reaching significant multi-year resistance levels: Gold $1900, Silver $18 or $18.50, and GDXJ $48.60. From there, we could finally experience a real correction.Continue...Read More

John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More