All the “fixes” have fatally weakened the real economy, and created a dangerous illusion of “wealth,” “growth” and solvency.
The “fix” of the last eight years worked, right? This was the status quo’s “fix”:
1. Massive expansion of debt: sovereign, household and corporate, all in service of a) bringing consumer demand forward b) fiscal stimulus funded by debt c) corpo... read more
Please Join Greg Hunter as he goes One-on-One with trends researcher Gerald Celente, Publisher of The Trends Journal.
Gerald Celente thinks the economy is so weak that it must be propped up by massive fraud, and that means any black swan can sink this economic scam overnight. Celente says, “It’s over, it’s over and that’s why gold is the ultimate safe haven to me.”
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When banks fail and regulators decide to liquidate them, it happens on Friday evening so that there is a weekend to clean up the mess. And this is what happened in Italy – with two banks!
It’s over for the two banks that have been prominent zombies in the Italian banking crisis: Veneto Banca and Banca Popolare di Vicenza, in northeastern Italy.
The banks have combined assets of €60... read more
As we come to the end of June, here is a look at silver and the biggest asset inflation in history.
World’s Most Undervalued Asset
John Embry: “All markets remain heavily manipulated, with a lack of volatility in the seriously overpriced U.S. stock market being particularly egregious. I note that as of last Thursday’s Open Interest report on the Comex, silver’s Open Interest is... read more
Grant Williams digs deep into the auto sector to see what the future holds and the likely impact for the US economy.
The Big Story in the auto sector examines what’s behind the slide in used car prices, which are the foundation for an industry facing unprecedented... read more
All the global central banks that have colluded against the hard working people of the world with all their QE's, bond buying, market buying etc., is designed to keep the game going against the people. But that game is failing once again.
The economy is rolling over as you have seen in all the bad recent economic data. The bond market is now telling the opposite of what the stock market is... read more
WASHINGTON
Anxiety levels of Americans over matters such as war, terrorism, hacking and identity theft have spiked in recent years, leaving the nation near average in a global barometer of perceptions of security, a survey released Tuesday said.
Concerns about war and terrorism topped the list of matters gnawing at Americans, according to the Unisys Security Index, but viruses and hacking,... read more
For all the pain and gain between stock market bulls vs gold bulls, nothing sums it up better than this…
S&P 500 And Gold
(Momentum Structural Analysis)
June 20 (King World News) – Never-die stock market bulls are no doubt gleeful with the back end of 2016, as it put them ahead for the year vs. the 2015 close. Up 9.5% for the S&P500…
Meanwhile, much overlooked and lost in the... read more
UNDERSTANDING ROBOTIC ADVANCEMENTS
Advancements in Robotic technology have reached critical mass resulting in increasing numbers of university programs focused on Robotics. This along with industry adoption rates as a result of labor cost pressures and availabil... read more
The U.S. PetroDollar system is in serious trouble as the Middle East’s largest oil producer continues to suffer as the low oil price devastates its financial bottom line. Saudi Arabia, the key player in the PetroDollar system, continues to liquidate its foreign exchange reserves as the current price of oil is not covering the cost to produce oil as well as finance its national budget.
The... read more