Silver as an investment

Category Archives: Economy

Grab A Beer Philadelphia, The Soda Is Too Damn Expensive

Via SovereignMan.com, What happened: Turns out when soda cost the same as beer, people choose to drink beer. That is what is happening in Philadelphia. The city’s 1.5 cent per ounce tax on soda has made beer a cheaper option. But that isn’t the only effect of the ill conceived plan to raise revenue. The tax didn’t […]

Which States Have The Most Mortgage Fraud

In a recent blog post by CoreLogic, the real estate consultancy has determined the regions of the U.S. that have the highest correlation with the National Mortgage Fraud Risk index.  The regions that are most highly correlated with fraud risk are areas that will be the best predictors of nationwide mortgage fraud.  In fact, one […]

China’s Plunge Protection Team Holds $150 Billion In Stock, Claims “State Meddling” Stabilizes Markets

It was two years ago, in June of 2015, when just as the Shanghai Composite was flirting with 5,000 and when literally the local banana stand guy was trading stocks, that the Chinese stock bubble burst, unleashing an unprecedented selling spree, a 40% drop in just two months, and Beijing’s nationalization of the stock market, […]

John Williams Warns “A Move To Impeach Trump Will Tank The Dollar”

Outspoken exposer of the establishment smoke and mirrors, economist John Williams spoke with USA Watchdog's Greg Hunter this week in a far-ranging interview from Trump impeachment to economic collapse and from the demise of the dollar to physical gold ownership as the "ultimate hedge." “A big factor in the dollar’s value is political stability or […]

Lord Rothschild: “Share Prices Are At Unprecedented Levels, This Is Not A Time To Add Risk”

One year ago, the financial world was abuzz when the bond manager of what was once the world’s biggest bond fund had a dire prediction about how “all of this” will end (spoiler: not well). Gross: Global yields lowest in 500 years of recorded history. $10 trillion of neg. rate bonds. This is a supernova […]

“The Dreaded Phase 4”: What Happens When Credit Spreads Finally Rise

With investors, traders, analysts and pundits focused on the chaos in the White House, and the daily barrage of escalating geopolitical and social news, whether terrorist attacks in Europe or clashes in inner America, the market is finally starting to notice as Friday’s last hour sell-off demonstrated. And yet, according to one of the best […]

David Stockman Warns “Don’t Forget About The Red Swan”

Authored by David Stockman via The Daily Reckoning, Given the anti-Trump feeding frenzy, we continue to believe that a Swan is on its way bearing Orange. But if that’s not enough to dissuade the dip buyers, perhaps the impending arrival of the Red Swan will at least give them pause. The chart below comprises a […]

UK Opposition Leader Calls For “People’s QE” – It’s Venezuela With Tea & Cakes

Authored by Daniel Lacalle via The Mises Institute, It is sad to see that, facing the evidence of the failure of demand-side policies and money printing, many commentators propose some of the most outdated and failed policies in modern economic history. In the UK, Mr. Jeremy Corbyn, the new leader of the Labour Party, believes […]

The Real Story Behind Goldman’s Q2 Trading Loss: How A $100M Gas Bet Went Awry

Goldman Sachs FICC-trading income was an unexpectedly ugly blemish on what was already a poor Q2 earnings report. And while the FDIC-backed hedge fund initially blamed the decline on lower trading revenues, lack of volatility and depressed client activity… … there was more to the story. The Wall Street Journal has uncovered what really happened: […]

USA Is Now Twice As Likely To ‘Default’ Than Germany

While the market turmoil (stocks down a few percentage points from all-time record highs) is being pinned on various factors (from North Korea, Trump, & Cohn to terrible retailer earnings and J-Hole anxiety), we suspect the real cause of market uncertainty is starting to peak through – the looming debt ceiling crisis that has now […]