The world is racking up a record level of debt, much of it driven by emerging markets. But with interest rates in the U.S. heading up, the excessive reliance on easy money to drive economic growth can backfire on countries that depend on money flows from abroad. The global debt pile has climbed to $215 trillion in 2016, an increase of $70 trillion from a decade ago, according to a report publi... read more
It’s probably the oldest investment adage: buy low, sell high. Easy to say, sometimes hard to do. But not today… It doesn’t take a rocket scientist to see that many asset classes are overvalued today and would represent “buying high.” Here’s a quick snapshot of the three biggest investment classes, all of which serve as a giant warning sign to investors… The broad stock mar... read more
Jason Burack of Wall St for Main St interviews, best selling author, Jim Rickards In this interview Jim Rickards explains that China is getting ready for a post dollar world by on going accumulation of gold. During this 30+ minute interview, Jason starts off... read more
Living on borrowed money and borrowed time, the busts of 2000 and 2008 were just a hint of what's to come. Dr. Paul discusses the failure of Keynesian economics in the interview below and begins around the 3:10 mark: