Venezuela Enters the Record Book, Officially Hyperinflates

Venezuela Enters the Record Book, Officially Hyperinflates

  By Steve Hanke.   Venezuela’s inflation has officially become the 57th official, verified episode of hyperinflation and been added to the Hanke-Krus World Hyperinflation Table, which is printed in the authoritative Routledge Handbook [...]
A Fannie Mae and Freddie Mac Background Check

A Fannie Mae and Freddie Mac Background Check

    By Peter J. Wallison.   President-elect Trump’s nominee for Treasury secretary, Steven Mnuchin, said on Wednesday that Fannie Mae and Freddie Mac should be “privatized.” This comment sent their share prices soaring, [...]
Mass Migration and Bank Weakness Threaten The Italian Economy

Mass Migration and Bank Weakness Threaten The Italian Economy

  By Jeff Berwick.   In the wake of the Italian referendum results and Matteo Renzi’s subsequent resignation, the level of uncertainty in Italy continues to grow both inside the country and among foreign investors. As many expected, [...]
Public Infrastructure — Welcome to the World of Waste, Fraud, and Abuse

Public Infrastructure — Welcome to the World of Waste, Fraud, and Abuse

By Steve Hanke.   Economic policy is subject to fads and fashions. The most recent economic-policy fad is public infrastructure. Its advocates include progressives on the “left” — like President Obama, Hillary Clinton, and Bernie [...]
Why Trump’s Policies Will Probably Result in a Trade War with China

Why Trump’s Policies Will Probably Result in a Trade War with China

By Steve H. Hanke.     The United States has recorded a trade deficit in each year since 1975. This is not surprising. After all, we spend more than we save, and this deficit is financed via a virtually unlimited U.S. line of credit [...]
Italy: The Biggest Elephant Jeopardizing Europe and the Euro

Italy: The Biggest Elephant Jeopardizing Europe and the Euro

  By Jeff Berwick.     Not just the euro, but the entire European Union may be in jeopardy next week when the Italians vote on a constitutional referendum initiated by Prime Minister, Matteo Renzi. What a Jubilee year it has [...]
Trump's Financial Revolution!

Trump’s Financial Revolution!

By Chris Vermeulen.   A financial revolution is now taking place and I want to tell you the story. It has rather large implications for interest rates, the stock market, gold and real estate. The only reasons for the DOW JONES [...]
Flattish Consolidation Hides Dollar Strength

Flattish Consolidation Hides Dollar Strength

By Marc Chandler.   The euro is trying to snap a ten-day losing streak.   Its bounce today has stopped a little shy of the five-day moving average that is found near $1.0650.  It has not traded above this short-term moving average [...]
The War On Cash Goes Nuclear In India, Australia and Across The World

The War On Cash Goes Nuclear In India, Australia and Across The World

By Jeff Berwick.   We are living in a world where paper fiat money is becoming a novelty. In Australia, Citibank has just become the first to declare that it no longer will accept notes or coins. Only digital transactions. This follows [...]
A Good Time To Be Buying Gold

A Good Time To Be Buying Gold

By Richard Mills.       There’s a lot going on in the world – from Trump being elected in the U.S. to turmoil in the middle east, the China Sea and Turkey, Russia is flexing it’s still considerable might, North Korea’s [...]

The Revolution Of The Deplorables

  By Barry Ferguson.   “I look to a day when people will not be judged by the color of their skin, but by the content of their character.” – Dr. Martin Luther King Amen. Unfortunately, we live in an age of profound ignorance [...]
Modi Heats Up Indian War Against Cash

Modi Heats Up Indian War Against Cash

By Jeff Berwick. The battle for a cash-only world is getting hotter. The latest battlefront? India.The latest rupee news? Outrageous. Prime Minister of India, Narendra Modi – beloved of Western elites for a variety of reasons – [...]
Markets Present Chaos

Markets Present Chaos

  By Paul Nolte.   Our long national nightmare is over.” Gerald Ford would be incredulous to witness this year’s election efforts. It is not certain that come Wednesday morning, that it will be over. While the markets have declined [...]
Bitcoin Soars On Its Eighth Birthday

Bitcoin Soars On Its Eighth Birthday

By Jeff Berwick.   As of yesterday it was eight years to the day since Bitcoin’s initial white paper was posted to the internet. And what a birthday party it had, soaring from $614 on October 1st to around $728 today with gold and [...]
Flag of Portugal

Portuguese Gold Mining Operations in Brazil

By: Donna Welles Portugal has reported a diminishing net trade deficit in recent years. It is possible that wealth from gold mines in Brazil has helped the Portuguese economy to balance its net trade deficit. The price of gold is listed by [...]
The Fight Against The North American Union And Globalism Is In Standing Rock

The Fight Against The North American Union And Globalism Is In Standing Rock

By Jeff Berwick. If you are one of the few people left watching the mainstream media, you’d think that the only thing currently going on has to do with Donald Trump or Hillary Clinton. There is much more going on than that, however.  Aside [...]
Latest Update On Brexit: Blair Trying To Mobilize Remain Voters

Latest Update On Brexit: Blair Trying To Mobilize Remain Voters

  Tony Blair, the former Prime Minister of Great Britain, is calling for a second vote on Brexit. He writes that this can be done by a second vote, a new election or a vote in Parliament. The former Prime Minister is calling upon all remain [...]
The Twists and Turns of the Greenback

The Twists and Turns of the Greenback

By Steve Hanke. Stability might not be everything, but everything is nothing without stability.   At a monetary conference in Vienna back in 2014, the distinguished Frenchman, friend, and occasional collaborator Jacques de Larosière [...]
Protectionist Creeps

Protectionist Creeps

By Otaviano Canuto.   WASHINGTON, DC – Prospects for growth in global trade in 2016 and 2017 have been downgraded again. The World Trade Organization (WTO) nowexpects that trade this year will increase at its slowest pace since the [...]
The IMF Should Have Been Mothballed and Put in a Museum, Long Ago

The IMF Should Have Been Mothballed and Put in a Museum, Long Ago

By Steve Hanke.     The International Monetary Fund (I.M.F.) was unsuccessful in covering up its nefarious activities in Greece, as WikiLeaks uncovered back in April. Later, the I.M.F.’s internal watchdog team released a report [...]