Wells Fargo And Other Banks Now Just Outright Stealing Peoples Money
By Jeff Berwick.
Centuries ago banks actually stored real money (gold) and gave their customers paper receipts which made transferring and transporting easier.
Then as time went by, banks just began storing currency. Unbacked fiat paper [...]
Jubilee Jolt: Dow Down 400, stock smashed in biggest drop since Brexit
By Jeff Berwick.
It was just two days ago that we wrote, “Gold Has Biggest One Day Rally Since Brexit as Elites Rush Into Gold”.
Now, to end the week, US stocks had their biggest drop since Brexit on Friday.
The Dow Jones [...]
Not Your Grandpa’s Cuba: A New Light in the Caribbean
By Otaviano Canuto, Samuel George and Cornelius Fleischhaker.
Much has changed since Fidel Castro arrived in Cuba on the Granma yacht in 1956.
Not long ago Cuba and the United States reopened embassies [...]
Trade Deficits in Central America
By Donna Welles.
Central America consists of Mexico, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, and Belize. Each of these countries is struggling with industry and they have reported to the World Bank [...]
The Economics of the Saudi’s “take-the-money-and-run” Strategy
By Steve Hanke.
As the Financial Times reported on 12 July, Saudi Arabia’s oil-output reached record highs in June 2016. Increasing production 280,000 barrels/day to 10.6m b/d, Saudi Arabia has once again waved off OPEC’s request [...]
On the Italian and Eurozone Doomsday Scenario
By Steven Hanke.
On June 23rd, the voters in the United Kingdom (UK) turned a collective thumbs-down on the European Union (EU). The Brexit advocates — the ones who had had enough of the EU’s mandates and regulations — won the [...]
USD: Return of the king
By Shane Obata.
Falling oil prices, China growth fears, submerging markets, Brexit and Italian banks. All of those risks have one thing in common: They have not derailed the US economy. Despite concerns about a recession, it continues [...]
Unknown Voluntary Servitude
By Richard Mills.
Here’s a long debated topic. Should we leave the creation of new money in the hands of bankers or place its creation solely with our government?
Let’s try and answer it.
The Creature from Jekyll Island
On [...]
The Power of Price Spikes On Intraday Charts
Chris Vermeulen.
Last week ended on a very positive note for those who follow and trade filtered price spikes.
What is a filtered price spike? In short, I scan pre-market, and post-market trading hours’ price charts of SPY, QQQ, [...]
Unraveling the Secular Stagnation Story
By Steve H. Hanke.
Secular stagnation is said to be present when economic growth is negligible or nonexistent over a considerable span of time. Today, secular stagnation has become a popular mantra of the chattering classes, [...]
The Predictable Contemporary Social Dilemma in America
By Carl Forkner.
To many Americans, the social state of the nation seems to be a surprise. To others, it is irrelevant as long as they feel secure within their microcosm. But to some, the devolution of American society is not [...]
The Next Technical Price Targets for Gold & Silver
By Chris Vermeulen.
I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish ‘Head and Shoulder’ pattern. The pattern is confirmed if gold closes below $1220/oz. The [...]
Insight from Greed, Volatility, and Put/Call Ratio
By Chris Vermeulen.
I was recently looking at the CNN money website where they post this fear & green index. I caught my attention because many other aspects of the market are now also showing signs an imminent correction in the [...]
Nigerian Energy and the Commodities Markets
By Donna Welles.
Nigeria, Togo, Benin, and Ghana all are having to defend their natural resources because the commodities markets are out of alignment and not enough money is being paid in exchange for energy or metals. Nigeria [...]
Will The Bubble Pop Regardless If the Fed Doesn’t Raise Rates?
by Chris Vermeulen.
The current overall SPX pattern is a broadening top, which is usually a very reliable pattern. The market continues to look as though it wants to go even lower. The momentum shift, which I have been expecting, [...]
Trillionaire Rothschild Warns His Own Central Banking System Is Failing and Buys Gold
By Jeff Berwick.
We have been highlighting the wave of billionaires who are all getting out of the stock market this summer and buying gold. Well, now it’s a trillionaire.
Of course, he’s not “officially” on [...]
Suriname: Facing the Storm with a Correction of Course
By Otaviano Canuto.
Suriname is facing twin – external and fiscal – deficits that originated in the commodity price slump of recent years. In response, the Surinamese government started a four-pronged adjustment program in August [...]
What Happened to World Trade?
By Otaviano Canuto.
2015 was the worst year for world trade since the aftermath of the global financial crisis, with figures exhibiting a decline of almost 14% in dollar value terms. In fact, world trade volumes have lagged [...]
What a Trumpish GOP would Mean for Asia: Reduced Trade & Migration, and More Defense Spending
By Robert Kelly.
(1)
This a re-print of an op-ed I just published with the Lowy Institute.
I’ve argued elsewhere that I don’t think a President Trump would pull the US out of Asia. That would requiring battling a deep Washington [...]
Tales of Emerging Markets
By Otaviano Canuto.
Emerging market economies (EM) as a special class of financial assets have recently been subject to two competing tales. On the one hand, there is evidence of continued financial deepening and further integration [...]