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Sunday, January 19, 2020

Why are Russia and China Buying Gold, Tons of it?

Gold is one of the most fascinating of all rare metals. Throughout all history it has been given a special, at times sacred or...

Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If...

Billionaires Bet Big on Market Crash (The Reason Why Is Shocking)

Investment titans are making massive billion-dollar bets that the stock market is approaching an imminent crash, but perhaps most shockingly of all … is...

Moody’s Warns Deutsche Bank Is Dangerously Close To Falling Below Its “Default Point”

Moody’s Capital Markets Research issued a damning verdict on Deutsche Bank earlier this week. In a research report put together by the credit agency’s...

Amid Economic Crisis, Venezuelans Enter Trances and Worship False Goddesses

One long night every year in a mountainous rain forest in Venezuela, hundreds gather to dance on red-hot embers, enter trance-like states and worship...

China Moves Forward With Its De-Dollarization Strategy

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the...

Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same...

The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt.  On Wednesday,...

Trump Tips Dow to 20K

After a brief hiatus, the Dow Jones Industrial Average resumed its march toward 20000, crossing the elusive milestone on Wednesday as President Donald Trump...

Over 1,000 Stores Close in a Single Week

It's been a tough week for the retail industry, with more than 1,000 stores closing their doors for good. Luxury retailer Michael Kors announced...

Dollar Hits Two Week Low After US Announces Sanctions Against Russia

The fall has erased the dollar's gain in the past several days. US stocks also tumbled to a three-week low. US Treasury bonds also fell to their lowest value...