Believe It Or Not, 2021 Is Looking Worse Than 2020
The result is turmoil in the financial markets, possibly concurrent with the political system melting down. Which sets the stage for…
Continue readingJohn Rubino
Here We Go Again: What Does The Latest Flash Crash Mean?
The Fed did not promise to actually cut rates or expand its QE program. That sounds like a stable rather than an increased dosage. Which means…
Continue readingWarren Buffett Admits He Doesn’t Understand This Economy (Which Explains His Pivot To Gold)
The coming world is one where the excesses of the past produce chaos for everyone except gold bugs…
Continue readingIs California Over?
Beyond a certain point even a place like California, blessed as it is with both Hollywood and Silicon Valley, can’t support the unsupportable…
Continue readingJohn Rubino: It All Goes Back To Gold & Silver
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There’s no easy way to get through this financial crisis without pain. Whether it’s a 1930s style deflationary crash or a Weimar style hyperinflation…
Continue readingWill A Weak Dollar Bail Out Emerging Markets? Nope
Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis about dollar-denominated debt blowing-up emerging market economies…
Continue readingWill Washington Cave? Cities & States Are Bankrupt Without A Bailout
A few more trillion dollars will blink into existence, and pressure will shift from the cities & states to the dollar itself…
Continue readingAs Gold Soars, Miners Become Hot Growth Stocks
The idea that a rising gold price is good for gold miners is intuitively easy to grasp. But to understand just how good, you have to see the numbers…
Continue readingWhy So Many American Cities Already Headed For Catastrophe Are Now Paralyzed
The worst-run cities will pay a huge price for this indecision when rioters finally leave but shoppers and merchants don’t come back…
Continue readingGold Goes Mainstream: New York Times Edition
Because the Times tends to lead the pack, lesser outlets around the country now have a green light to cover precious metals in a positive way…
Continue readingWhen The Dollar Falls Everything Falls, Everywhere
We don’t have a tool to fix this if the dollar starts to fall. That is the end game scenario in the financial system. When the world’s reserve currency…
Continue readingEurope Bails Out Its Failed States With ‘Common’ Bonds
The “European Project” was designed with something like the current crisis in mind…
Continue readingSoaring Debt And Parabolic Money Creation: Saved By The Printing Press (For Now)
What’s the fate of today’s financial system?
Continue readingLook Where Gold Was Trading The Day After The 4th Of July
What are the odds of this happening on Independence Day Weekend?
Continue readingThe Global Bond Market Is Turning Japanese, As All Long-Term Rates Plunge Towards Zero
What happens when everyone else’s interest rates fall to Japan’s level? Lots of bad things, including…
Continue readingWouldn’t That Be Cool…
Will momentum like this will look tasty to day traders – especially those with no prior experience in this treacherous sector?
Continue readingStagflation Is Paradise For Gold And Silver
If we can’t stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking…
Continue readingWe’ve Been Here Before – And It Ended With An Epic Crash
The major market indexes that recently soared back to record highs are being elevated by an amazingly small number of stocks…
Continue readingHow Pension Funds Die, CalPERS Edition
CalPERS has levered-up and bet the farm…
Continue readingOne Crisis Is Manageable, But Five Might Not Be
Most Americans are no doubt praying that this is it for a while because really, our plate is more than full and we don’t deserve any more abuse. But the…
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