The Good, The Bad And The Ugly From The Latest U.S. Employment Numbers
Many are boldly declaring that these new numbers are fantastic news for the U.S. economy, but that is greatly oversimplifying matters. So far…
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Almost Half Of All Working Age Adults In The U.S. Do Not Have A Job Right Now
It is very difficult for anyone to deny how bad things have become. So many firms are suddenly going bankrupt that it is impossible to keep up…
Continue readingAmericans Have Already Skipped Payments On More Than 100 Million Loans, And Job Losses Continue To Escalate
This wasn’t supposed to happen now that states are “reopening” their economies. We were told things would soon be getting back to normal and the…
Continue readingWe Are Facing A 6 Week Countdown To Immense Economic Despair…
All of the economic pain that had been deferred will come rushing back with a vengeance over the next several months. Here’s why…
Continue readingWill US Labor Market Recovery Sink Gold?
Bad news for the gold market…
Continue readingHuh? 2.25 Million INITIAL Unemployment Claims Each Week In May, Yet Jobs Rose By 2.5 Million
Trump’s having a presser at 10:00 am, but don’t get to thinking he’ll have to explain that math, or answer any real, honest questions. Watch it here…
Continue readingAlmost 2 Million File INITIAL Unemployment Claims This Week While MILLIONS Still Wait To Receive Their Very First Check
While the MSM shills bicker over the recovery, it is clear America’s economy is still collapsing, with more people falling even more behind every week…
Continue readingIs The Worst Behind Us And Gold Has To Plunge Now?
The US economy should rebound later this year, but is not out of the woods yet. What does it imply for gold?
Continue readingNobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
More than a quarter of all jobs in the United States have already been wiped out, and the job losses just keep on coming. In fact…
Continue readingHouston We Have A Problem: Dow Jones Index Totally Disconnects From The Employment Data
If we compare the Dow Jones Index versus the continued unemployment claims, something seriously wrong is going on…
Continue readingThe Pandemic Gives Us Permission To Get What We Always Wanted
Dear Corporate America: Maybe you remember the old Johnny Paycheck tune? Let me refresh your memory: take this job and shove it…
Continue readingWill Havoc in the Labor Market and (Dis)Inflation Make Gold Shine?
There is a true havoc in the US labor market, while the inflation rate has declined. What does it mean for the gold market?
Continue reading68% Of Unemployed Workers In US Eligible For Payments “Greater Than Their Lost Earnings”
How we are going to motivate unemployed workers to go back to work when they make more money sitting on the couch and binge watching Netflix?
Continue readingJob Losses Continue To Mount: Another 3 Million File INITIAL Claims for Unemployment Insurance
Many millions have filed for unemployment benefits for the eighth week in-a-row, and the number reported may end up being too low. Here’s why…
Continue readingEconomic Collapse: The Tens Of Millions Of US Jobs That Have Been Lost Are Never Coming Back
Those that are still hoping for a “V-shaped recovery”, a “U-shaped recovery” or any sort of a major recovery at all are going to be deeply disappointed…
Continue readingEconomic Mother Earth Purges 20,500,000 Jobs From The US In April, Unemployment Rises To 14.7%…Gold & Silver Shrug
What happens when you build an economy based on a 24/7 Fed & Government intervention and manipulation? Here’s what…
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 readingWrenching And Immediate Jobs Problem, Just As Consumer Prices Must Rise
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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 reading30 Million Americans Applied For Unemployment Benefits, Should They Buy Gold?
The current scale of unemployment in the US is striking. What does it all mean for the gold market?
Continue readingUnemployment Kills: The Longer Lockdowns Last, the Worse It Will Get
When unemployment leads to impoverishment or loss of social status, unemployment is itself a major health problem…
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