Today Egon von Greyerz and top Citi analyst Tom Fitzpatrick communicated with King World News about what is happening with the euro, dollar and gold, and what they had to say may surprise you.
The post Greyerz And Fitzpatrick, On The Euro, Dollar And Gold appeared first on King World News.
What did Brits do before the recent elections in the UK? They bought gold. According to the Financial Times, gold sales soared 87% as uncertainty kicked in on election day earlier this month. As prospects of a hung Parliament loomed, “panic-stricken” investors converted their sterling into gold. The election results were a disaster for the […]
British Buy Gold in Wake of Election Uncertainty
The Texas bullion depository took a major step closer to reality last week when officials formally announced the private vendor that will run the facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately undermine […]
Texas Picks Company to Run State Bullion Depository
Despite the continued propaganda and outright lies about the economic recovery, this remarkable indicator is flashing major warning signals just like it did during the Great Depression.
The post ALERT: This Remarkable Indicator Is Flashing Major Warning Signals Like It Did During The Great Depression! appeared first on King World News.
In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:
This week's Off The Cuff discussion is an interesting one. Both Chris and Mish have front-row seats to two failing governments -- Chris in Argentina, and Mish in Illinois. It feels to them like they are getting a preview of the economic pain soon to come to the rest of the world.
Both are *very* concerned that citizens and investors across the globe are being duped by the (lack of) signals and messages today's ""markets"" are providing. Looking at the steady drumbeat of bad & worsening macroeconomic data, as well as the immense gap between fundamentals and asset prices, Chris and Mish are as confident as they have ever been that a massive painful reset is nigh. But too many of our leaders, and too much of the public, remain complacent/ignorant (willfully or not) regarding this risk.
Their conclusion? The world is woefully unprepared for the Minsky moment headed its way.
This is how bad things are in the United States.
The post This Is How Bad Things Are In The United States appeared first on King World News.
from Financial Survival Network
Chris Martenson joined us for an update… There’s a lot of discussion about how shale oil is bringing down energy costs and increasing the supply greatly. The question is, “At what cost?” We’ve seen numerous bankruptcies in the energy patch and these hi-flyers are producing negative cashflow. Is this really what the future looks like? Next, Electric Vehicles or EV’s are supposed to solve all our energy/pollution problems. Really? The death of the internal combustion engine is great exaggerated. It’s not going to happen overnight or even in a decade, if at all. It’s a process that will take a long time. Ending private ownership of vehicles could have great benefits, but don’t break out your app for that self-driving Uber car just yet!
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from Financial Survival Network
Boston University’s Professor Laurence Kotlikoff is different than most of his colleagues in academia. He looks for real solutions to real problems that his fellow citizens are living through. Following his advice will help me to realize over $100,000 in lifetime income that I never knew was possible. Not content to rest on his laurels, he’s released 2 incredible financial tools that could potentially help millions. First is the divorce settlement analyzer. Feed in the numbers and change scenarios and it allows both parties to optimize the settlement and will help save on taxes as well! Next, he’s created a budget/spending tool that helps you maximize your spending during your lifetime. It’s a great tool that can work for almost anyone. Keep up the great work Professor!
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from Financial Survival Network
What’s Happening Wednesdays with Andrew Hoffman:
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