By Egon Von Greyerz, GoldSwitzerland Investors around the world are blissfully ignorant of what will hit them in coming months and years. Virtually no one understands the risks in the world and less than ½% of investors have protected themselves against the destruction of their financial assets. It is of course wonderful to live in Shangri-La … Continue reading
By Eugen von BĂśhm-Bawerk Economic forecasting, no matter how complex the underlying model may be, is essentially about extrapolating historical trends. We showed last week how economic models completely fail to pick up on structural shifts using Japan as an example. On the other hand, if an economy doesnât really change much, as in the case … Continue reading
By Egon Von Greyerz, Goldbroker.com I have for quite some time warned investors to get out of the banking system. We believe that it is now becoming more urgent than ever. Bank stocks in Europe and the US are falling fast. The market is clearly sensing that things are looking extremely precarious in most financial institutions. … Continue reading
By Jeff Fitchett There are tell-tale signs of bubbles. All throughout history bubbles have been formed, popped, a depression ensued and then another bubble formed. Â The characteristics of bubbles are very similar. Group think is one of the key components. Rational thinking is set aside as more and more people crowd into a purchasing frenzy … Continue reading
By Ron Paul, Ron Paul Institute Last week, President Obama and Vice President Biden held a hastily arranged secret meeting with Federal Reserve Chairman Janet Yellen. According to the one paragraph statement released by the White House following the meeting, Yellen, Obama, and Biden simply âexchanged notesâ about the economy and the progress of financial reform. Because the … Continue reading
By Michael Snyder The Dow closed above 18,000 on Monday for the first time since July. Isnât that great news? I truly wish that it was. If the Dow actually reflected economic reality, I could stop writing about âeconomic collapseâ and start blogging about cats or football. Unfortunately, the stock market and the economy are … Continue reading
By Michael Snyder Those that were hoping for an âeconomic renaissanceâ in the United States got some more bad news this week. It turns out that the U.S. economy is in significantly worse shape than the experts were projecting. Retail sales unexpectedly declined in March, total business sales have fallen again, and the inventory to … Continue reading
By Mac Slavo While oil prices have jumped about 50% in recent weeks, there appears to be no real reason for the move other than pure speculation and billion-dollar market cash infusions from unknown plunge protection teams. But as the mainstream media continues to tout non-existent reduction agreements between oil producing nations, the following evidence … Continue reading
By Jeff Berwick, The Dollar Vigilante You wonât find any mainstream articles on the Jubilee Yearâs secret timeline for financial ruin. Hell, you wonât even find alternative media articles on it â except here at TDV. But that doesnât mean people arenât aware of whatâs going on. In this case, the top money men in the … Continue reading
Some fear that there is a global bank “super storm” on the horizon based on an âunsustainable calm.â Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital, joins The Next News Networkâs Gary Franchi to provide his shocking insight. See the report here: http://www.youtube.com/watch?v=AQxkH… More: http://EuroPac.net