 In Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets T The simple fact of the matter is that gold is no longer money and hasn’t been treated that way in decades. It is a frustrating and often woeful outcome, but deference isn’t a reason to color judgement. As an investment, which is more like what gold has become, it isn’t all that straight,... read more

Italy may be about to get buried again… On August 24 in the year 79 AD, one of the most famous natural disasters in history struck the Ancient Roman city of Pompeii, and its surrounding area. We have an eye-witness account from Gaius Plinius Caecilius Secundus, whose letter to Roman historian Tacitus vividly describes how the eruption of Mount Vesuvius rained do... read more

Devastating Bear Market To Correct Gains Since 1932 Richard Russell: “My thinking is that this is the big bear market that will correct the entire rise from the 1932 low. In all my years of writing since 1958 I have never allowed my subscribers to stay invested through a primary bear market. I have kept my subscribers out of common stocks (except gold). For most of this bear market, we wi... read more

As the energy debt market implodes, it will cause the entire Wall Street supported asset-backed credit market to seize up. The next biggest losers after the energy sector will autos and housing. “The banks are still clinging to their reserve reports and praying. The bonds are all toast. Most are in the single digits or teens.” I asked a former colleague of mine from my Bankers... read more

The top trends forecaster in the world just announced a new trend for 2016! He also discusses unprecedented global carnage. The facts prove it. With just three trading days left in January, in the history of the Dow Jones, there has never been a new year that has rung in on such a down note. And the wild market ride has spread far beyond Wall Street… read more