The previous empire had a huge debt problem and was running a massive welfare/warfare state with very high taxes, rules and regulations. It did large…
Continue readingIf we can’t stop the massive deficits and rampant currency creation, we might as well embrace the resulting stagflation and keep stacking…
Continue readingIn the short-term, we can see a number of headwinds for precious metals and miners, signaling a peak is imminent…
Continue readingIf the public is tricked into demanding it as a way to save them from the horrors of global chaos, then they are far less likely to rebel against…
Continue readingThe main problem in the global economy is deflation and a lack of demand, regardless of the amount of currency, stimulus and bailouts governments do…
Continue readingWhat kind of economic environment are we headed towards, and what are the implications for gold?
Continue readingCOMEX gold prices have been unable to gain traction above $1750 and move toward new highs. Why?
Continue readingToday they’re printing far more money than they printed back in 2008, because, frankly, the scope of the crisis is much greater…
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Charles Hugh Smith joins us today to discuss the economic reality on Main Street that’s totally disconnected from Wall Street. From the abrupt loss of jobs, to a consumer that’s […]
Continue readingStagflation is one of the worst fates an economy can suffer. Here’s what worked, and didn’t, the last time we experienced stagflation…
Continue readingTraders and investors are looking at this current data and thinking, “well, this isn’t so bad”, but they are failing to understand the…
Continue readingI must explain something to you all. Wall Street hates gold but it loves oil. Wall Street does not understand gold, but it…
Continue readingSD Outlook: Remember the whole “paid to sit at home and do nothing” meme? It’s starting, and it’s starting in earnest…
Continue readingThis is a health crisis and a supply shock added to the forced shutdown of the economy. As such, policies aimed at boosting demand have…
Continue readingThe money printing continues, which will result in short-term deflation followed by stagflation or hyperinflation. Here’s what it means for gold & silver…
Continue readingThere are only two ways to survive a decline in income and net worth: slash expenses or default on debt…
Continue readingThe feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion…
Continue readingThe Fed seems determined to print all the money needed to keep the markets open…
Continue readingThe reversal in metals and miners continues, and it may go on for some time yet. There is no change to the…
Continue readingWhile gold is likely to outperform all other asset classes in 2020, there’s also a scenario that would stun most investors with gold’s upside intensity…
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