The 2020 crisis is the accumulation of the demographic problem which will entail a financial and economic disaster. The world’s most productive populations are ageing and will subsequently disappear. Politicians, journalists and the financial press are ignoring the flashing warning signs. Economic mavericks like Max Keiser, financial critics like Steve Keen and mainstream economists like Pau... read more

The following are bullet-point summations of the views of John Hathaway, Chairman of Toqueville Management Corporation, and Daily Reckoning’s James Rickards, as taken from the minutes of the recent Advisory Board Meeting of the Incrementum Inflation Diversifier Fund. John Hathaway: The Fed will abandon its path of steady rate increases We need to see a bear market in bonds and stocks bef... read more

For years, the world economy has been trapped in a low-inflation, low-interest-rate rut. Yet the latest shifts in global markets suggest that this could, at long last, be ending. The evidence isn’t definitive. This could be a false dawn, of a type that has happened a couple of times in recent years. But let’s put it this way: If the world economy was coming out of its low-inflation funk,... read more

Silver’s typically lengthy, multiyear consolidation is both frustrating and a gift. While it demands patience, it offers two primary benefits. First, there’s no need to luckily time highly volatile trading prices, and two, it has allowed regular investors to buy a little bit here, a little bit there, and build a substantial portfolio on the cheap without having to chase price. Fundament... read more

In addition to the law of diminishing returns bearing down on debt issuance, meaning that the more debt the government issues, the less good its doing the economy, remember why they need to issue so much of it. To pay the interest on the debt they've already issued. Interest, far and away, is the fastest-growing government expense. Forget all the high-flown talk about rebuilding infrastructure... read more

* U.S. earnings season heats up with major tech names due * PMI surveys to help judge if Q1 slowdown was temporary * Treasury yields near 3 pct rattle stocks, underpin dollar * Oil prices just off peaks, lift inflation expectations * Aluminium rally resumes, jumping as much as 2.2 percent - World stocks slipped on Monday ahead of a blizzard of earnings from the world’s... read more

According to the Game Plan for Late-Cycle Investing, as the economy moves towards its latter stages, commodities tend to outperform equities and other asset classes. Frank Barbera—market technician, portfolio manager, and editor of the Gold Stock Technician newsletter—believes we're likely in that process right now and recently discussed his outlook on the stock market, bonds, commodities,... read more

The great transition is moving slowly enough that most people haven’t noticed yet, but the world is steadily decoupling from the USD. It’s a long game, to be sure. As gold hoards are amassed and repatriated, as the petro-yuan becomes a more widely accepted form of petro-commerce, as the greenback is printed into oblivion and obscurity, US paper fiat currency is losing both its prominence,... read more

No matter how many times it happens without near-term warning, it’s human nature to think we will somehow intuitively know before the next crash takes place. We never do. And when market liquidity vanishes with nanosecond speed and the freefall is nearly instantaneous, there is hardly time for even panic to set in. It is already too late. And with ever greater volume being traded by machines... read more

TOKYO (Reuters) - The Bank of Japan can heighten inflation expectations by patiently maintaining its ultra-easy policy, deputy governor Masazumi Wakatabe said, in a sign the reflationist-minded newcomer won’t call for additional stimulus any time soon. Wakatabe also said he was mindful that the risks of prolonged easing, such as the damage that years of low rates inflict on financial insti... read more