Silver as an investment

Category Archives: Hyperinflation

The Socialist Crisis In Venezuela Is About To KILL The Oil Market

A new report is warning that the socialist engineered economic crisis in Venezuela will completely kill the global oil market. Plunging oil production in Venezuela is causing a national economic and humanitarian crisis that could tip the global oil market “decisively into deficit,” according to the report. Published Thursday, the report laid out concerns that Venezuela’s socialist […]

“I Haven’t Eaten Meat In 2 Months” – Venezuelan Oil Workers Are Collapsing From Hunger On The Job

This report was originally published by Tyler Durden at Zero Hedge Those who are unfamiliar with Venezuela’s unprecedented economic collapse might be surprised to learn that the country’s oil production has only slowed, even as the price of a barrel of crude has risen in most international markets. Unsurprisingly (it’s Venezuela), there’s a macabre explanation […]

Crypto-Cornucopia Part 5 – “We’ll Be Lucky To Survive On Our Own”

Authored by Dr. D via Raul Ilargi Meijer's The Automatic Earth blog, Part 1 "Bitcoin Is A Trust Machine" here. Part 2 "This System Is Garbage, How Do We Fix It?" here. Part 3 "A System With No Justice, No Order, No Rules, & No Predictability" here. Part 4 "Without It, You're Talking Mad Max" […]

Warning: ‘They Need The Markets To Implode’ To Usher In Cashless System

Market analyst Lynette Zang predicts in the next market meltdown, “real estate, stocks, and bonds will all crash.” When asked when this will happen, Zang says, “Enjoy your Christmas,” but in 2018, all bets are off. Greg Hunter interviewed Lynette Zang, Chief Market Strategist at ITMtrading.com, and her assessment of the 2018 economy is dire.  Zang predicts, […]

Goldman: These Are The Three Biggest Risks Facing Stocks In 2018

When it comes to the most influential investment bank in the world, Goldman Sachs, its 2018 outlook is borderline euphoric despite the bank’s own explicit admission that valuations have never been higher. In a tortured, goalseeked analysis which we discussed last week, the bank’s chief equity strategist David Kostin said that he expects a year […]

Fed Hints During Next Recession It Will Roll Out Income Targeting, NIRP

In a moment of rare insight, two weeks ago in response to a question “Why is establishment media romanticizing communism? Authoritarianism, poverty, starvation, secret police, murder, mass incarceration? WTF?”, we said that this was simply a “prelude to central bank funded universal income”, or in other words, Fed-funded and guaranteed cash for everyone. prelude to […]

Bitcoin Surges Near $8000 Record Highs After Venezuela Default

We have already discussed the hyperbitcoinization of the Venezuelan economy and it appears, judging by the most recent surge, that tonight's 'official' default events for the sovereign (and PDVSA) have triggered a further rush to the 'safety' of a decentralized store of wealth… As we noted previously, Venezuela’s worsening economic collapse has created something of […]

Bitcoin Price Soars To $13,000 In Desperate Zimbabwe

We noted in June that Zimbabwe's cash crisis continued unabated. Those awaiting cash transfers at a bank may wait a month to be cleared and, even then, the transfer may be refused. The Standard, Zimbabwe’s leading Sunday newspaper, ran an article at the time entitled, “Black market thrives, as banks run dry.” Some highlights from […]

Zimbabwe’s Inflation Monitor: A Weekly Update

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. The annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent (see table below). At the peak of Zimbabwe’s hyperinflation episode in November 2008, Zimbabweans […]

Zimbabwe’s Inflation Monitor: A Weekly Update

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. The annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent (see table below).  At the peak of Zimbabwe’s hyperinflation episode in November 2008, […]