Economics

Gold Season – Is This It?

Monday, August 20, 2018
By Paul Martin

Gold Core GoldSeek.com Monday, 20 August 2018 – Gold season – Is this it? Carley Garner on gold seasonality – Gold “tends to find a bottom in late July and early August” – “August is actually normally a very good month for gold” – Gold “tends to move higher through mid to late November”... »

“Keep An Eye On Gold” – Trader Sees Market Screaming “Gimme A Break Already”

Monday, August 20, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Mon, 08/20/2018 Markets are screaming “gimme a break already,” according to former fund manager and FX trader Richard Breslow, who notes that with Turkey on an extended summer holiday and Chinese equities getting a late-day boost from their friends, there has been little appetite for angst. Breslow suggests “we should... »

Venezuela’s Socialist Economy Is Near Collapse – Inflation at One-Million Percent

Monday, August 20, 2018
By Paul Martin

by Jim Hoft TheGatewayPundit.com August 20, 2018 In the Socialist mecca of Venezuela the people have resorted to eating out of trash cans and from garbage dumps. It’s been 16 years since Socialist thug Hugo Chavez first came into office in Venezuela and now the country is near total collapse. Inflation will be near... »

Saxo CIO Warns “It’s Not Turkey, It’s The Global Debt Cycle”

Monday, August 20, 2018
By Paul Martin

by Steen Jakobsen via Saxo Bank, ZeroHedge.com Mon, 08/20/2018 There is currently a lot of focus on Turkey, and for good reason, but Turkey is really only a second or third derivative of the global macro story. Turkey represents the catalyst for a new theme, which is “too much debt and current account deficits... »

X22 Report:It’s Coming & It’s Going To Hit The Global Economy Like A Tidal Wave (Video)

Monday, August 20, 2018
By Paul Martin

Removing waste in government is something that has to be done, the accounting regulator―than financial report readers. Inflation is about to hit the world, the central banks are continually manipulating these stats but it seems that the manipulation cannot stop reality, inflation it going to come in like a tidal wave. »

The huge wad of cash you now need to buy a few carrots for THREE MILLION Bolivars in Venezuela as the country is gripped by hyperinflation under socialist regime

Sunday, August 19, 2018
By Paul Martin

Several basic food supplies require piles of cash to buy them in the cash-strapped South American nation Venezuela’s socialist government under Nicolas Maduro has ushered in uncontrolled levels of hyperinflation Experts fear new measures to increase the minimum wage in the country could put shops out of business Workers responded by rushing to the... »

Venezuela In Chaos After Maduro Announces Massive 95% Devaluation, New FX Rate Tied To Cryptocurrency…(Attacks Continue Sunday Morning!)

Sunday, August 19, 2018
By Paul Martin

by Tyler Durden ZeroHedge.com Sun, 08/19/2018 Chaos and confusion erupted across Venezuela, and most stores were shuttered on Saturday, after president Nicolas Maduro announced that the government would enact a massive currency devaluation, implement a new minimum wage, hike taxes, and also raise gasoline prices for most citizens even as the country struggles with... »

Dummies’ Guide To How “External Dollar Debt” Produces An “Emerging Market Crisis”

Saturday, August 18, 2018
By Paul Martin

by John Rubino via DollarCollapse.com, ZeroHedge.com Sat, 08/18/2018 Emerging market currencies are collapsing pretty much everywhere these days. But it’s safe to assume that most people don’t understand exactly what’s causing this outbreak, why it’s happening now, or what “external dollar debt” has to do with it. So here’s a quick primer followed by... »

Iran, Venezuela & Turkey reveal gold’s true value when paper money becomes worthless – analyst to RT

Saturday, August 18, 2018
By Paul Martin

RT.com 18 Aug, 2018 The world will inevitably dip into crisis, with gold and silver again emerging as real money, Claudio Grass, an independent precious metals adviser and Mises ambassador told RT. “People today, especially in the West, have forgotten that paper money used to be a mere property title for a certain amount... »

SELCO: My Experience with Precious Metals During a Collapse

Saturday, August 18, 2018
By Paul Martin

TheOrganicPrepper.com August 17, 2018 Last week, I read with interest the explanation for preppers about gold and silver. It was very informative and brought back some memories of my experience with precious metals, which I thought I would share with you. I am aware that with this article, I might kill (or at least... »

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