Most people like to make small talk at the kitchen table. Not legendary bond investor Bill Gross. Instead, he prefers to regale his children and grandchildren with parables about the pitfalls of financial leverage, and his suspicions about fractional-reserve lending, the expansionary system of credit creation that has powered global economic growth for much of the past century. In his late... read more

One of the hardest things to do is to shrink your way to profitability.” Let me say this upfront: When an at-risk too-big-to-fail bank raises fresh capital from investors, it’s a great thing for affected taxpayers. When push comes to shove, every dollar thus extracted from investors lowers the burden on taxpayers. Since the Financial Crisis, Deutsche Bank has been raising capital in lar... read more

Multi-billionaire Hugo Salinas Price:  “The US has been regarded as the West’s leader since WW II. The US led with the objective of international cooperation to achieve orderly growth and prosperity for the countries led by the US. Now suppose you have a football team, and the quarterback comes out and says, “Quarterback is First!” and scolds members of his team, and insults one of... read more

On a day where bonds are heading lower along with crude oil, top trends forecaster Gerald Celente has just released a second major trend forecast for 2017. Who Ever Said 2017 Would Be A Dull Year? Gerald Celente:  “Since Donald Trump beat Hillary Clinton in the race for the White House this past November, US equity markets racked up $3 trillion in value.  Based on Trump’s plan to bo... read more

Please join Greg Hunter as he goes One-on-One with billionaire financial expert Hugo Salinas Price. Billionaire Banker and Retail Magnet Hugo Salinas Price discusses the return to silver through monetization.  He believes there will be a point sometime when you won't be able to save in paper currency with trillions of dollars in bonds and when they start to liquidate there will be a flood inf... read more

U.S. stocks have piled up $1.5 trillion in market value this year, but hedge funds are bracing for tough times ahead. Based on buying and selling in 2017, managers have stopped loading up on bullish positioning. They’ve also become less reliant on U.S. stocks by selling economically sensitive bank shares and materials like copper, data compiled by Credit Suisse Group AG show. What are they b... read more

Inside some of the world’s biggest asset managers, the quants are transforming a centuries-old theory to answer a burning question: What is the dollar’s true value? At the heart of the theory is fair value, the level a currency should eventually drift toward, regardless of how expensive or cheap it is at any given point. Scholars from 16th-century Spain first measured it by price levels,... read more

Egon von Greyerz continues:  “So will March 15, 2017 be significant? We will soon know. There are some noteworthy events taking place on March 15. The debt ceiling must be reset that day and the Fed also meets to discuss a rate hike. In addition, there is the Dutch election of the same date and 8 days later the French election starts.  In normal circumstances, none of these events would... read more

March 6 Gold prices held steady early on Monday, supported by a weaker dollar, after falling to the lowest since in over two weeks in the previous session after the U.S. Federal Reserve signaled it would raise interest rates in March. FUNDAMENTALS * Spot gold was little changed at $1,234.51 per ounce at 0050 GMT. The metal hit $1,222.51, the lowest since Feb. 15,... read more

Former top federal budget official David Stockman has a stark warning for investors: There's going to be a disaster in Washington and you're not going to see it coming. Stockman, an ardent critic of President Donald Trump, has strong doubts that the rosy view investors are taking on the economy can hold water in the near-term. As usual, he didn't mince words when explaining his perspective t... read more