Economics

Smoke Signals: The Return of King Silver!

Tuesday, May 3, 2016
By Paul Martin

SilverDoctors.com May 3, 2016 Victory is nigh, friends. Here I STAND! As silver prepares to cross the 18 dollar mark, I declare that the days of metal crushing/stomach churning/call option-destroying are over! And 5 years after May 1st 2011, I say without hesitancy: SILVER STACKERS on the 5TH YEAR LOOK TO THE EAST (SGE)….... »

When The Global Ponzi Scheme Is Exposed There Is Going To Be A Massive Panic

Tuesday, May 3, 2016
By Paul Martin

KingWorldNews.com May 03, 2016 With stocks tumbling, today a market veteran warned that when the global Ponzi scheme is exposed, there is going to be a massive panic. John Embry: “Right now I’m focused on the desperation of the anti-gold cartel, which is intensifying as gold and silver have recently marched higher in the... »

Ken Rogoff’s Shockingly Simple Advice To Emerging Markets: Hoard Gold

Tuesday, May 3, 2016
By Paul Martin

by Kenneth Rogoff, originally posted at Project Syndicate, ZeroHedge.com 05/03/2016 For some time, the rich countries have argued that it is in everyone’s collective interest to demonetize gold. But there is a good case to be made that a shift in emerging markets toward accumulating gold would help the international financial system function more... »

Houston Office Market Melts Down

Tuesday, May 3, 2016
By Paul Martin

by Wolf Richter WolfStreet.com May 2, 2016 Leasing activity plunges, availability & sublease space balloon Office leasing activity in Houston in the first quarter plunged 25% from the already beaten-down levels a year ago, to 1.56 million square feet (msf), worse even than during the Financial Crisis, according to commercial real estate services firm... »

US Manufacturing Sinks Deeper into Mire, Sep. 2009 evoked

Tuesday, May 3, 2016
By Paul Martin

by Wolf Richter WolfStreet.com May 2, 2016 Markit and ISM add to the gloom. The decline of US manufacturing in the cacophony of regional and national indices, which started in mid-2014, is a sight to behold. Today we got two national indices for April. Both added more gloom to the scenario. Of the national... »

Housing market bubble BURSTING: Top prices tumble AGAIN sparking fears of CRASH

Tuesday, May 3, 2016
By Paul Martin

HOUSE prices in Britain’s wealthiest areas sank at an even faster rate in April than the month before, with estate agents saying the plunge is reminiscent of the 2009 market crash. By LANA CLEMENTS Express.co.uk Tue, May 3, 2016 Buyers in London have become more “hesitant” and desperate sellers are now dropping asking prices... »

Barclays.net Bank Holiday outage leaves firms unable to process payments

Tuesday, May 3, 2016
By Paul Martin

System now alleged to be ‘recovering'; bank keeps stumm Alexander J Martin TheRegister.co.uk 3 May 2016 Barclays.net has been shrugging off business customers’ login attempts since Friday, leaving many unable to process payments over the bank holiday weekend. Problems with the business banking service peaked on Friday, with customers complaining that they were unable... »

‘Our economic system is designed to fail’ – Ron Paul

Tuesday, May 3, 2016
By Paul Martin

RT.com 3 May, 2016 The current economic system is designed to fail, but so was socialism. That’s according to former GOP Congressman Ron Paul, who told RT’s Boom Bust show that we need to go toward a system of property ownership, voluntary contracts and individual liberty, while getting rid of central banks. A new... »

When A Nation Is Doomed – A Definition…

Tuesday, May 3, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 05/03/2016 Cynics, skeptics, and fiction-peddlers are frowned upon by the Obama administration (and the mainstream media) when it comes to our glorious leader’s economic miracle. So we thought a simple litmus test might be useful to judge just how ‘doomed’ the nation really is… “When you see that in order... »

Silver and Gold Rally Led By China As They Take Over Pricing

Tuesday, May 3, 2016
By Paul Martin

By Steve St. Angelo, SRSrocco Report GoldSeek.com Tuesday, 3 May 2016 While the prices of the precious metals have popped recently, it’s more important to focus on the mid to long term fundamental reasons to own gold and silver. I spoke with Kenneth Ameduri at Crush the Street and talked about the recent spike... »

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