Articles Economy Archive

 The US Federal Reserve has been universally lauded for the apparent success of its extreme monetary policy of recent years. With key world stock markets near record highs, traders universally love the Fed’s zero-interest-rate and quantitative-easing campaigns. But this celebration is terribly premature. The full impact of these wildly-unprecedented policies won’t become …

The highly-anticipated first-quarter earnings season is in full swing, with traders eager to see how US companies are faring. While expectations are low, these profits releases still collectively pose serious risks for today’s overvalued and overextended US stock markets. A few high-profile misses could prove all it takes to unleash a long-overdue serious …

 Over the next few years as debt, currencies and countries start to fall apart individuals will be looking to place their money where it will hold its value and buying power during times of extreme uncertainty.  If you eliminate fiat currencies which are created out of this air and are nothing more than a credit […]

The size and existence of the modern state is limited only by the ability to borrow money; an ability dependent on the continuing value of fiat paper money. That limit has now been reached. Greece is not just a country that overindulged on the bankers’ poisoned candy of cheap credit. Greece is the canary …

 Richard (Rick) Mills Ahead of the Herd  As a general rule, the most successful man in life is the man who has the best information  Drought is a normal recurring feature of the climate in most parts of the world. It doesn’t get the attention of a tornado, hurricane or flood. It’s slower and less […]

 The US stock markets’ latest record highs have left traders exceedingly euphoric and complacent. They are utterly convinced this stock bull will power higher for years to come. But their enthusiasm is very misplaced. In real inflation-adjusted terms, the US stock markets only just regained breakeven levels 15 years after the last …

Today we have a plethora of companies reporting earnings and are moving through the 1st Quarter earnings season at a rapid pace. Thus far, earnings have been far from exciting and have made the previous 2013 forward earnings estimates laughable. The only way we get to the proposed valuations is through multiple expansion which is […]

 Richard (Rick) MillsAhead of the Herd  As a general rule, the most successful man in life is the man who has the best information  In July 1944, delegates from 44 nations met at Bretton Woods, New Hampshire – the United Nations Monetary and Financial Conference – and agreed to “peg” their currencies to the U.S. […]

 Richard (Rick) MillsAhead of the Herd  As a general rule, the most successful man in life is the man who has the best information  In July 1944, delegates from 44 nations met at Bretton Woods, New Hampshire – the United Nations Monetary and Financial Conference – and agreed to “peg” their currencies to the U.S. […]

by Miguel Perez-Santalla BullionVault Monday, 25 March 2013  So Cyprus got its IMF-ECB bail out. But have bank savers elsewhere got the message yet…? OVER the last 30 years I have seen a lot of changes in the financial markets. One of the biggest changes by far was the formation of the European single currency – the […]

This past week we received the final 4th Quarter GDP number which came in at 0.39%. The total 4th Quarter growth was terrible, plain and simple. Based on the performance in the equity markets that we have seen thus far in the 1st Quarter of 2013 investors would expect strong GDP growth. However, the only […]

 The US stock markets enjoyed an incredible first quarter, with the flagship S&P 500 stock index (SPX) surging 10.0%. New cyclical-bull highs were achieved on an amazing 3/7ths of all Q1’s trading days! But the most interesting one was certainly the last. On Q1’s final trading day, the SPX edged up to …

    Perhaps you have heard that the Fed is printing money to get out of the crisis and that such actions cannot possibly end other than in even more money being printed and in the dollar losing its ability to buy you tangible assets. In our essay on gold and the dollar collapse we […]

By Neil Charnock www.goldoz.com.au  Firstly let me wish everybody a happy, healthy and prosperous New Year. I also apologize to the gold sites and public readership for being off air the past few months as I buried myself in research, forum exposure and membership delivery work on my own site.  I also had …

 Richard (Rick) Mills Ahead of the Herd  As a general rule, the most successful man in life is the man who has the best information  Between 1865 and 1898 the US economy grew at the fastest rate in its history with real wages, wealth, GDP, and capital formation all increasing rapidly:  Wheat production increased by […]

The credit boom is built on the sands of banknotes and deposits. It must collapse… If the credit expansion is not stopped in time, the boom turns into the crack-up boom; the flight into real values begins, and the whole monetary system founders. Ludwig von Mises, Human Action, 1949  I first attended the Canton Trade […]

Source: JT Long of The Gold Report  (12/30/11) http://www.theaureport.com/pub/na/12170 China has become the $5.88 trillion question in the world financial equation for 2012. In an attempt to gauge the direction of this economic elephant, Cambridge House International is asking two China experts to debate the health of the second-largest economy at the Vancouver Resource Investment Conference […]

by Ben Traynor BullionVault Wednesday 21 December 2011    This week, the gap between what the European Central Bank says and what it does became very noticeable indeed…  I know they’re stolen, but I don’t feel bad. I take that money, buy you things you never had. ‘Free Money’, from the album ‘Horses’ by Patti Smith  THROUGHOUT […]

Source: Brian Sylvester of The Gold Report  (12/5/11) http://www.theaureport.com/pub/na/11889  Jay Taylor believes the biggest challenge facing the U.S.—deflation—could mean a better year, or even decade, for junior gold stocks. Taylor, editor of Jay Taylor’s Gold, Energy & Tech Stocks, has ridden some equities to the bottom of this punishing market and is ready to pile more […]

Interest-Rates / Eurozone Debt Crisis Nov 28, 2011 – 04:41 AM By: Nadeem_Walayat The stock markets plunged last week and euro-zone bond market volatility increased with PIIGS yields spiking to new Euro highs as pressure mounts on the ECB to start printing money to monetize bankrupting PIIGS debt that effectively act as expanding debt black […]