Silver as an investment

Category Archives: National Economic Council

Larry Kudlow: A Horseman Of Economic Apocalypse?

This article was originally published by Brandon Smith at Alt-Market.com In the world of alternative economics we often focus on the schemes and machinations of central banks as well as international banks as their closely tied partners in crime. But it is easy to forget that these institutions are merely composites and proxies made up […]

The Five Biggest Tests For China’s Next Central Bank Governor

Zhou Xiaochuan’s long reign as PBoC Governor is drawing to a close. He signaled his impending retirement last month and will be seventy years old In January 2018. Zhou has headed up China’s central bank from the early days of China’s “growth miracle” in 2002 and successfully – thanks to massive credit creation – steered […]

CME Group CEO On Low Volatility: “Traders Are Too Afraid To Buy…And Too Afraid To Sell”

With realized volatility having fallen to near-record lows this month, CME Group Chairman and CEO Terry Duffy tapped into the trepidation that many traders feel about today’s unsettlingly placid markets during an interview with CNBC Thursday, saying that he’s “surprised” at the present lack of volatility, adding that many market participants are essentially too afraid […]

Kushner Role In White House Suddenly Unclear; May “Return To Private Life”

In the first segment of Friday night’s “Trump bombshell” report published almost at the same time by Reuters and the WSJ, anonymous sources reported that Trump is preparing a “war room” upon his Saturday return from Europe, to “combat negative reports and mounting questions about communication between Russia.” We did point out some discrepancies: on […]

Trump Slams “Very Bad” Germans For Selling Millions Of Cars In US: “We Will Stop This”

A day after Trump stunned his fellow NATO leaders, shoving one of them out of the way for a photo-op and demanding that they "must do more" to offset defense costs which are mostly borne by the US, Trump lobbed another bomb at the European center-right consensus by renewing his attacks on the German auto […]

Trump Signs “Single Largest Arms Deal In US History” With Saudi Arabia Worth $350 Billion

When all other sources of economic growth appear tapped out, there is always the military-industrial complex coming to the rescue of US GDP with the sale of arms and equipment to the world’s biggest purchaser of weapons: Saudi Arabia. Because when one looks beyond the pageantry, pomp and circumstance of Trump’s visit to Saudi Arabia, […]

“Who’s Worth What” – White House Releases Financial Disclosures Of Key Staffers

President Trump night released details of the personal finances of his staffers late on Friday, including his son-in-law Jared Kushner and daughter Ivanka, which once again confirmed that most of the people in his immediate circle are very wealthy. The legally required disclosure documents provided a snapshot of assets and positions held by personnel when […]

Dollar Tumbles On Report Trump Studying Ways To “Penalize Currency Manipulators”

Moments ago, all three main US FX pairs, the yen, euro and yuan snapped higher, following a CNBC report according to which the Trump administration is studying ways to penalize countries whose currencies it believes are undervalued. CNBC cited two unidentified people with direct knowledge of the review who work within the administration. Trump’s econ […]

“Civil War” Breaks Out At White House Over Trade… And Goldman Is Winning

Earlier this week, when we discussed Peter Navarro’s jarring op-ed in the WSJ in which he alleged that the persistent US trade deficit “would put US national security in jeopardy”, we said that “a better question than what is Navarro’s purpose by writing it, is why he is writing it, and does his use of […]

Nervous Retailers Launch Ad Slamming Border Adjustment Tax

How do you know America’s retailers are nervous? They make an ad. And while usually it is meant to “incept” consumers to have a strong desire for a particular product or service, in this case the object of the ad is something every retailer across the US hates with a passion: the Border-Adjustment Tax, or […]