Trump, the Fed and Systemic Risk [Ed. Note: Jim Rickards latest New York Times best seller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis (claim your free copy here) goes beyond the election and prepares you for the next crisis] The most decisive factor in the implementation of the Trump economic plan is the reaction of the Federal Reserve. While a... read more

Contrary to our expectations and nearly everyone else’s who pays attention to the price of gold, the yellow metal has, since Election Day, shed nearly 15 percent of its value in U.S. dollars. According to the pundits who pay attention to such matters, the election of Donald Trump should have pulled the rug out from under stock prices, hammered the dollar against other major currencies, and... read more

This post first appeared on The Felder Report PREMIUM on September 23, 2016. “My reason is now free and clear, rid of the dark shadows of ignorance that my unhappy constant study of those detestable books of chivalry cast over it. Now I see through their absurdities and deceptions, and it only grieves me that this destruction of my illusions has come so late that it leaves me no time to make... read more

As expected, in addition to raising the Fed Funds rate by 25 bps, the Fed similarly noted that it would revise the mechanics behind its reverse repo operations, raising the rate it charges on reverse repos by 25 bps to 0.5%, the actual means by which the Fed will hike rates for most market participants. Here is the statement that the Fed released regarding the change in overnight reverse re... read more

Can’t decide if you should buy gold now or wait? We all want the best price we can get on our gold and silver purchases. It’s only natural, and any good consumer will consider the timing of their buying decisions. It’s a question almost every investor asks: am I getting a good price now, or will I get a better price in the future? Well, history has an empirical answer for you. In pre... read more

As we kick off the third week of trading in December, today James Turk told King World News that central banks are finally losing control of global markets. Central Banks Are Losing Control James Turk:  “Everybody needs to be focusing on what is happening with interest rates, Eric. The yield on the 10-year Treasury Note is flirting with 2.50%. The last time we saw a yield that high w... read more

With interest rates soaring, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about coming global chaos and the road to $1,000 silver. Global Chaos And The Road To $1,000 Silver Egon von Greyerz:  “Flation” is guaranteed in the next few years. We will see inflation, stagflation, hyper-... read more

Daniel Ameduri, founder of the Wealth Research Group, traces the correlation between Fed rate hikes and the trajectory of the gold markets, predicting a long-term bullish period for the precious metal. Since launching Wealth Research Group at the beginning of 2016, I have dedicated a considerable amount of time understanding precious metals, and their relationship to other factors an... read more

I believe the shock of Donald Trump’s election will soon be vastly exceeded by an even more shocking shutdown of Washington governance within days of the inauguration. For the first time since the 1930s there will be a crash on Wall Street and a recession on main street, but the Imperial City will be powerless to remedy either. That’s because financial history is not circular; it’s... read more

Financial markets are heading straight into a perfect storm of central bank failure, bond market carnage, a worldwide recession and a spectacular fiscal bloodbath in Washington. Investors should be heading for the hills with all deliberate speed. What is going to stop Trumponomics cold is debt — roughly $64 trillion of it. That’s what is crushing the American economy, and until the m... read more