Silver as an investment

Category Archives: recovery

U.S. Restaurant Industry Stuck In Worst Collapse Since 2009

Shortly after we reported that the “restaurant industry hasn’t reported a positive month since February 2016“, we can add one more month to the running total: according to the latest update from Black Box Intelligence’s TDn2K research, in July both same-store sales and foot traffic declined once again, and this time the slide was more […]

Trump Warns Xi: Trade War With China Begins Monday

As if there weren’t enough geopolitical and social stress points in the world to fill a lifetime of “sleepy, vacationy” Augusts, late on Friday night President Trump spoke to Chinese President Xi Jinping and told him that he’s preparing to order an investigation into Chinese trade practices next week, according to NBC. Politico confirms that […]

The Secret History Of The Banking Crisis

Authored by Adam Tooze via ProspectMagazine.co.uk, Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? It is a decade since the first tremors of what would become the Great Financial Crisis began to […]

The Rise Of Zombie Companies (And Why It Matters)

Authored by Daniel Lacalle via The Mises Institute, The Bank of International Settlements (BIS) has warned again of the collateral damages of extremely loose monetary policy. One of the biggest threats is the rise of “zombie companies.” Since the “recovery” started, zombie firms have increased from 7.5% to 10.5%. In Europe, BofA estimates that about […]

Utah Mayor Suffers “Shocking Experience” After Going Undercover As Homeless Man

Amid President Obama's 'recovery', President Trump's 'awesome economy', and record high stock prices, Salt Lake City mayor Ben McAdams secretly entered the world of the homeless in Utah as he pondered a decision (that he knew would anger many residents) on the selection of a site for a third homeless resource center in his city. […]

Fannie, Freddie Would Need $100BN Bailout In New Financial Crisis

While the latest Fed stress test found that all US commercial banks have enough capital to survive even an “adverse” stress scenario, a severe recession in which the VIX hypothetically soars to 70, the two US mortgage giants would not be quite so lucky: according to the results from the annual stress test of Fannie […]

Dumb – And Dumber – Money Keeps Pouring In

Authored by John Rubino via DollarCollapse.com, Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care about (or understand) the prices they’re paying. Millennials, for instance, […]

Mysterious Trader With “Nearly Unlimited Bankroll” Said To Manipulate, Dominate Price Of Bitcoin

It was over three years ago, back in May 2014, when we wrote “How Bots Manipulated The Price Of Bitcoin Through “Massive Fraudulent Trading Activity” At MtGox” in which we first demonstrated one of the more striking observed “bot-driven” bitcoin manipulation schemes, in this case related to the infamous collapse of the now defunct Mt.Gox […]

Bernie Sanders Releases The “Teen Guide To Political Revolution”

Vermont Sen. Bernie Sanders is releasing a book for teens interested in progressive politics, called "Bernie Sanders Guide to Political Revolution." The book, designed as a how-to guide for students eager to begin work as political activists, is out on August 29th… ironically, just in time for Labor Day. In a forward to the book, […]

Two-Thirds Of Rising Global Growth Is Due To Emerging Markets, And 9 Other Interesting Facts

For all the talk about a “coordinated global recovery”, it may come as a surprise that 57% of the acceleration in global GDP this year has come from a handful of commodity exporters (those whose food/metals/fuel exports are > 40% of total), which together combine for just 17% of global GDP growth. A slightly different […]