A Sick US Patient With $100 Trillion Debt
The Western world economy is now as close to being terminally ill as it has ever been and its population is continuously getting unhealthier.
Read articleThe Western world economy is now as close to being terminally ill as it has ever been and its population is continuously getting unhealthier.
Read article30-year Treasury bonds have fallen by more than 50%. Losses are starting to mount again, and this is worrying many observers. Although the US is not exposed to the risk of default, this decline reflects the effects of tighter monetary policy.
Read articleIn the United States, the consumer price index (CPI) rose by 0.6% in August and by 3.7% year-on-year. This is an acceleration on the 0.2% monthly increase and 3.2% annual gain published in July. The year-on-year increase is higher than the economists' forecasts. In other words, August's CPI exceeded...
Read articleGold is testing all-time highs in many currencies. Gold in yen is achieving this performance at a time when the Japanese bond market is going through an unprecedented crisis of confidence.
Read articleIt is becoming clearer an clearer that China will not be the leading power in tomorrow's world. Since the pandemic, China's economy and banking sector have been in dire straits. The country is looking for new sources of growth. At the BRICS summit, held in Johannesburg from August 22 to 24, Xi Jinpi...
Read articleMatthew Piepenburg sits down with Rick Rule and Jim Rickards to discuss the future of the USD, the rising BRICS tide and the Realpolitik of any realistic gold-backed BRICS trade currency.
Read articleOn July 27, figures released by the US administration showed GDP up by 2.4%, well above the 2% anticipated by analysts. The U.S. economy seemed to be resisting the sharp rise in interest rates better than expected. But the administration published a terse correction: the increase in GDP was not 2.4%...
Read articleWith the recent rise in interest rates, demand for credit is collapsing in many sectors of the economy.
Read articleA recent NBER study shows the close link between the price of gold and the level of real interest rates. This study has attracted criticism for gold, and a Bloomberg article entitled "Gold is no longer a safe haven" has caused quite a stir. In this article, we will demonstrate that the arguments put...
Read articleIn addition to discussing the Fed’s total failure in controlling inflation, in this article I will also stick my neck out in the climate debate before I go on to the likely disastrous effects of debts, deficits and inflation will have on investment markets.
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