Today the former Assistant Secretary of the U.S. Treasury spoke with King World News about Putin, a world at war and what is going to cause a bankrupt United States to collapse.
The post Paul Craig Roberts – Putin, A World At War And What Will Cause a Bankrupt United States To Collapse appeared first on King World News.
Dr. Paul Craig Roberts - Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author - Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “The Neoconservative Threat to World Order: Washington's Perilous War for Hegemony”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics…
The post Dr. Paul Craig Roberts: Broadcast Interview – Available Now appeared first on King World News.
Dr. Paul Craig Roberts - Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author - Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “The Neoconservative Threat to World Order: Washington's Perilous War for Hegemony”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics…
The post Dr. Paul Craig Roberts appeared first on King World News.
If you have not yet read Part 1: The Looming Energy Shock available free to all readers, please click here to read it first.
There are two words that are related but important to understand the distinction between. One is depletion, which refers to the amount of oil that is removed from a reservoir. The other is decline, which refers to the amount of oil flowing from a given well or field.
Depletion is a relatively straightforward process. If there are 100 units of removable oil in a field and you pump out 3 of them, the field has depleted by 3%.
But you might be able to hold the rate of pumping constant for a long time by injecting water or performing other stunts to force more oil out of a given well. If in our example we kept removing those same 3 units year after year, our decline rate would be zero. But the depletion rate would be increasing, because 3/100 = 3% but 3/97 = 3.1%. And after ten years the rate would be 3/70 = 4.3%.
That is, all efforts to keep oil flowing out of the wells at a maximum rate results in increasing rates of depletion. But we should also point out here that fighting decline rates is an expensive proposition. And that funding, too, has dried up of late.
The bottom line is that depletion is what really matters. Because once the oil gone, baby, it’s gone. All of the MSM headlines will keep you focused firmly on rates of extraction but only rarely on the rates of depletion.
So where is the world in the story of depletion? This is where our various sphincters should be involuntarily tightening. Rates of depletion are increasing, and they are substantial as seen here in...
There will be an extremely painful oil supply shortfall sometime between 2018 and 2020. It will be highly disruptive to our over-leveraged global financial system, given how saddled it is with record debts and unfunded IOUs.
Below is a very important alert for gold, silver and stocks...
The post MAJOR ALERT FOR GOLD, SILVER & STOCKS – “A Time Of Tectonic Shifts” appeared first on King World News.
In this week's Off The Cuff podcast, Chris discusses:
This week, Chris takes a moment to share his thoughts in depth on where we are in the global debt saga. The overhang is getting worse, growth is not riding to the rescue as hoped, and the central banks are running out of both smoke and mirrors to keep the game continuing. Should the $200 billion monthly bonanza of central bank liquidity start decreasing -- as is now being increasingly discussed -- expect markets to go south quickly.
As we come to the end of what has been a wild week of trading, here is where things stand.
The post Here Is What You Need To Know As We Come To The End Of A Wild Trading Week appeared first on King World News.
You can buy a box of 100 paper clips at Staples for $2.29. Or you could buy a single paper clip from Prada for $185. Now, why in the world would anybody plop down than much money for a paper clip? Because it is made of sterling silver, and has Prada engraved into it. The […]
Fun on Friday: Social Media Roasts Prada’s $185 Silver Paper Clip
During a recent interview on CNBC’s Power Lunch, Nobel Prize winning economist Robert Shiller called stock market valuations “concerning” and hinted that markets could be set up for a crash. Several other notable economists have recently expressed concern about surging stock markets, particularly in the US. Marc Faber has predicted “massive” asset price deflation – […]
Nobel Prize Economists Calls High Stock Market Values “Concerning”
This is clearly one of the most terrifying charts of 2017...
The post This Is One Of The Most Terrifying Charts Of 2017 appeared first on King World News.
On a day when the Nasdaq and the Dow tumbled along with the U.S. dollar and Treasuries, is the stock market now set up to crash?
The post Is The Stock Market Finally Set Up To Crash? appeared first on King World News.
With the Nasdaq tumbling once again, along with the U.S. dollar and bonds, will this be the big surprise of 2017?
The post Will This Be The Big Surprise Of 2017? appeared first on King World News.
During the recent interview at International Metal Writers Conference, Peter Schiff said we are in the eye of an economic hurricane right now. Investors need to take advantage of the relative calm and buy gold. But many Americans who typically invest in gold have been lulled into a false sense of security with the election […]
Peter Schiff: We’re In the Eye of an Economic Storm; Take Advantage and Buy Gold (Video)
Young people in India are buying gold. Indians have traditionally invested in the yellow metal. Based on sales reported by a new digital platform in the Asian country, it appears the upcoming generation has embraced their elders’ love of gold. The Indian digital wallet company Paytm launched Digital Gold in April. Company officials say they […]
Young People in India Are Buying Gold
As we continue to await the next meltdown in global markets, look at the unbelievable commercial trading positions in these major markets!
The post ALERT: Look At The Unbelievable Commercial Trading Positions In These Major Markets! appeared first on King World News.
from Financial Survival Network
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from Financial Survival Network
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With the next global crisis dead ahead, gold will stand tall as the chaos unfolds.
The post Gold Will Stand Tall When The Next Global Financial Crisis Unfolds appeared first on King World News.
With major markets on the move, it appears that the ECB is already panicking.
The post The ECB Is Already In A Panic appeared first on King World News.
Gold scammers are targeting Chinese-Americans, but similar techniques can be used to target and rip off other groups of people. The scam has most recently been reported in Maryland. According to CBS Baltimore, the Montgomery County Police Department reports at least one victim lost $20,000 to gold scammers targeting people of Chinese descent. Police term […]
Gold Scammers Using “Affinity Fraud” Technique
In April, Marc Faber called the US economy terminally sick and predicted a 20 to 40% crash in the stock market. In a recent interview on CNBC’s Trading Nations, “Dr. Doom” reiterated that US stock markets are overvalued, and that there will eventually be a “massive” deflation in asset prices. Ironically, Faber’s comments came the […]
More Gloom from Dr. Doom: Marc Faber Predicts “Massive” Asset Price Deflation (Videos)
from The Morgan Report
The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection.
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Despite hitting new all-time highs on the Dow this recently, a major indicator that just reached a near-record is about to rock markets.
The post WARNING: Major Indicator That Just Reached A Near-Record Is About To Rock Markets appeared first on King World News.
Trump is now backed his administration into a corner with respect to Syria. If there’s another poison gas attack, he’s promised to escalate the bombing of Syria.
Everything that I feared might happen under a Clinton presidency (and I still think probably would have anyways) is now happening under a Trump administration.
Let me be perfectly clear, bombing Syria risks a direct confrontation with Russia. If that happens all bets are off, and anything could happen next up to and including a nuclear exchange.
from Financial Survival Network
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As we close in on the end of trading in the month of June, this is the major breakout in the gold sector that everyone needs to watch.
The post This is The Major Breakout In The Gold Sector Everyone Needs To Watch appeared first on King World News.
from Financial Survival Network
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from Financial Survival Network
The Chinese are now trying to buy up the only US Rare Earth mine. Jeff is against this action. The government needs to wise up and understand that this is a national security issue. While these metals aren’t rare, currently the Chinese are the major producer. Therefore, it makes sense for the government to the initiative and help the local and US economy.
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from The Golden Rule with David Fischer
1. The State of Illinois over the weekend came out with very bad financial news. Will they be the first state to possibly file bankruptcy?
2. Who is warning about a stock market correction and what are they saying?
3. Can you give us some history of what happens in the gold market when stocks correct is there a relationship?
ALSO GIVEN AWAY WITH THE BAIL-IN report is: Literature titled “Changing Directions in Changing Times”
1. “The Coming Bail In”, the new 6th Edition
Also get: 2. ”YOUR IRA HAVING PHYSICAL METALS AND TAKING POSSESSION WITH NO TAX LIABILITY 877-448-2646 or LandmarkGold.com
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