Silver as an investment

Category Archives: Economy

“It’ll Be An Avalanche”: Hedge Fund CIO Sets The Day When The Next Crash Begins

zerohedge.com / by Tyler Durden / Jun 25, 2017 While most asset managers have been growing increasingly skeptical and gloomy in recent weeks (despite a few ideological contrarian holdouts), joining the rising chorus of bank analysts including those of Citi, JPM, BofA and Goldman all urging clients to “go to cash”, none have dared to commit the […]

BIS Lists The Four Biggest Threats Facing The Global Economy

zerohedge.com / by Tyler Durden / Jun 25, 2017 After years of fire and brimstone sermons, also known as the Bank of International Settlements’ annual reports delivered with doom and gloomy aplomb by Jaime Caruana, who year after year warned about the adverse side-effects of central bank intervention, today the BIS released its most upbeat reports in […]

BIS Lists The Four Biggest Threats Facing The Global Economy

After years of fire and brimstone sermons, also known as the Bank of International Settlements’ annual reports delivered with doom and gloomy aplomb by Jaime Caruana (the 2014 report, in which the BIS was shocked at how broken the market has become, was a particular favorite) who year after year warned about the adverse side-effects […]

Meet The Money-Laundering, Nigerian Oil Magnate Behind New York’s $50MM Condo Foreclosure

Last night we noted that yet another luxury condo at Manhattan’s One57 tower, a member of “Billionaire’s Row,” a group of high-end towers clustered along the southern edge of Central Park, had gone into foreclosure – the second in the span of a month.  The 6,240-square-foot, full-floor penthouse in question, One57’s Apartment 79, sold for […]

An Open Letter To The Fed’s William Dudley

Authored by MN Gordon via EconomicPrism.com, Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your excuses for further rate hikes to prevent crashing unemployment and rising inflation stunk of rotten eggs. Crashing Unemployment Quite frankly, crashing unemployment is a construct that’s new to popular […]

These Are The US Cities Where Graduates Struggle The Most With Student Debt

With tuition at private colleges routinely eclipsing the $60,000 mark, it’s more important than ever for recent graduates to settle in cities where circumstances allow them to start paying down their massive debt piles as quickly as possible. That means a city with strong job offers, but where the cost of living isn’t so high […]

“They Can And Should Do More” Australian State Slams Banks With $280 Million Tax

Australian bankers are furious after the country’s smallest state levied a “surprise” tax on the country’s five biggest banks that could siphon off $280 million in profits during its first four years on the books, according to Reuters.  The tax was imposed by South Australia, which is struggling with the country’s highest unemployment rate and […]

Exposing Our Lawless Central Bank

Authored by Ryan McMaken via The Mises Institute, The economic arguments against central banks are numerous to say the least. Through the writings of Ludwig von Mises and Murray Rothbard we have a wide variety of critiques that explain the many ways the central banks distort economies, cause booms and busts, punish savers, and chose […]

Weekend Reading: Oil Slick

Authored by Lance Roberts via RealInvestmentAdvice.com, Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I have discussed the “headwinds” that persist against a sustained rise in oil prices. “The supply/demand dynamics currently suggest that oil prices and energy-related investments could find a long-term bottom within the […]

Banks Battered, Biotechs Best As Yield Curve Crashes To 10-Year Lows

Tech investors the last 2 days…   Lots of chatter again this week about shrinking The Fed's balance sheet… it's gonna happen no matter what and it is looming… so The fed will be shrinking at $20-50bn a month going forward, will The ECB or BOJ step up and increase their buying to keep the […]