Why I Hate Bitcoin (On The 50th Anniversary Of The Nixon Shock)
Only in a monetary environment like this one could tokens with no intrinsic value…
Continue reading2008 financial crisis
Is This The Biggest Financial Bubble Ever? Heck Yes It Is!
When this one pops there won’t be a lot of hiding places…
Continue readingHUH? Janet “Never-Another-Financial-Crisis-In-Our-Lifetimes” Yellen’s Day One Note To The 84,000 Treasury Department Employees: This “Economic Crisis” Has Been “Building For Forty Years”
Janet’s “profoundly glad to be working alongside dedicated public servants once again”. Yay Janet Yellen! Making America greater for 25 years, and counting!
Continue readingThis Time Is Not Different: More Debt, Less Growth
All the central bank quantitative easing programs do not prevent the bankruptcy domino from accelerating in 2021, just as we saw in…
Continue readingCountdown to Mediocrity: Why Gold and Silver Can Protect Your Wealth
A booming stock market & subdued precious metals will be viewed as beneficial to Trump. The handlers believe that “optics are everything” in the final days before…
Continue reading“The US Economy Felt Like A Balloon In Search Of A Needle”
The U.S. economy felt like a balloon in search of a needle. We never addressed the root causes of the 2008 financial credit crisis…
Continue readingWeak Economy Enables Strong Housing Market
The housing market is booming! Just like it did before the 2008 crash…
Continue readingSpilt Soup or Fatal Crash? The Current Economic And Political Situation
We have not yet launched ourselves off the edge, and while the mess and the pain will be immense, spilt soup is still preferable to a fatal crash…
Continue readingFederal Reserve: Everything Is Fine (Just Like In 2008)
It’s nothing but rosy news coming from the Federal Reserve…
Continue readingFed Orders Banks To Stop Buybacks, Cap Dividends & to Prepare for Commercial Real Estate Bust?
The Fed claims US banks are in good shape, but if the banks are in such good shape based solely on their large amount of reserves at the Fed, then […]
Continue readingA Brief History Of The Last Crisis (The 2008 Financial Crisis)
Today they’re printing far more money than they printed back in 2008, because, frankly, the scope of the crisis is much greater…
Continue readingThe Number Of Jobs Lost In April Was More Than Double The Total Number Of Jobs Lost During The Last Recession
Yes, you read that headline correctly, and many believe that what we have experienced so far is just the beginning…
Continue readingCoronavirus Vs 2008: The Difference Is Inflation
In the real economy, the winds of inflation are beginning to blow…
Continue readingGovernment Overreach in the Age of COVID-19
Governments have a tendency to continue to find new justifications for old war powers…
Continue readingDavid Morgan: I Told You So
The economic collapse is here…
Continue readingDave Kranzler: The Gold Signal, Just Like 2008
First came the gold price take-down, and then came the Sunday night announcement. It’s just like late October, 2008…
Continue readingIt Wasn’t “Different This Time”…It Was Worse & The Fed Will Fail
It’s never “different this time.” The Fed’s bubbles and busts keep coming and they’re getting more intense…
Continue readingThe Pandemic Is Accelerating the Breakdown That Began a Decade Ago
The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion…
Continue readingSimon Black: Banks are going to drown in an ocean of defaults
The entire world has completely ‘misunderestimated’ the Corona Virus…
Continue readingSilver Sells-Off, Falls To 16-Handle As Stock Market Continues To Crash
The carnage and chaos continues…
Continue reading