On the heels of wild start to the 2016 trading year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned that the coming crisis will be totally devastating for the world economy and humanity. Egon von Greyerz: “Most of us believe that the era we live in is totally normal. This is the case whether you live in... read more
Former Federal Reserve Chairman Alan Greenspan has a dire warning about the economy. During an exclusive interview on The FOX Business Network’s Cavuto: Coast to Coast he told Neil Cavuto the U.S. has “a global problem of a shortage in productivity growth” and is headed for a state of disaster. “What the Fed does at this particular stage is less important than what the markets... read more
Grant Williams, strategy advisor to Vulpes Investment Management and co-founder of Real Vision Television is always worth the read or listen, and he sat down for an interview during his time at this year's Mauldin Strategic Investment Conference to discuss his views on gold, and why physical cash is being eliminated. On the subject of gold, Williams is very quick to point out that he doesn'... read more
Now, some eight years and multiple $trillions later we are facing another “liquidity crunch”. It does not make sense that liquidity is scarce after all of the various QE’s but it is. The credit markets are very thin and trading even small pieces of credit has become hard work. The liquidity is just not there to support fully functional and liquid markets. The question now becomes, whi... read more
With so much focus on the West’s massive money printing schemes, here is the shocking reason why China will send the price of silver skyrocketing over $100. Stephen Leeb: “Whatever your views about climate change, the reality is that the world as a whole is rushing to replace fossil fuels with renewable energies (along with nuclear, which is so plentiful that for all intents and purpo... read more
Former U.S. Treasury Secretary, Dr. Paul Craig Roberts, just warned we are now witnessing the final enslavement of humanity. Dr. Paul Craig Roberts: “Having successfully used the EU to conquer the Greek people by turning the Greek “leftwing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion. The IMF’s ru... read more
With the price of gold and silver pulling back and consolidating recent gains, today legendary Pierre Lassonde spoke with King World News and predicted for the first time ever that the price of gold will soar above $10,000. Lassonde is arguably the greatest company builder in the history of the mining sector. He is past president of Newmont Mining, former chairman of the World Gold Coun... read more
We were surprised to hear none other than legendary bond investor Bill Gross, who made billions going long bonds, admit to Bloomberg's Erik Schatzker last night [11]that he is starting to short credit, "a position that he said runs contrary to his instincts and training as an investor." The reason why Gross, who called the Bund blow up last year with uncanny precision, is turning bearish on... read more