The Gold (and Silver) Volcano Is Ready to Erupt

by Money Metals In March 1980, the University of Washington installed a seismograph system designed to monitor earthquake activity in the Cascades, with a focus on increased seismic activity around Mount St. Helens. Starting just a few days later, a series of earthquakes, small eruptions, and steam releases took place. Near the end of the month, … Read more

Reading between the lines: What Slack didn’t disclose in its IPO filing

by unab0mber   Slack Technologies, the developer of the popular namesake team collaboration messaging app, recently applied for a public offering on the stock market. This is not a classic IPO, but a “direct listing,” also known a “direct public offering.” This means Slack is not raising money by directly selling shares and instead allows early investors … Read more

The Bad News About Record-Low Unemployment

By Robert Ross Unemployment is the lowest it’s been in 50 years. That means most people who want to work can find a job. It also means people are making more money and buying more stuff. All good. More people working is always positive. But a low unemployment rate is a double-edged sword. See, the … Read more

Danielle Park: Monetary Policy Leading to Recession?

Talk Digital Network, Released on 6/20/19 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more

Budget Talks Stall As Politicians Reach Impasse Over Spending Cuts And Debt Ceiling

This article was written by Mac Slavo and originally published at SHTFplan.com One of the most threatening issues facing the United States today is the government’s massive debt. Instead of figuring out how to fix the problem, politicians want to spend more money selling future generations into slavery to do so. Budget talks have stalled as the political … Read more

A look at the US economy, and the next recession

by Fabius Maximus  Summary: Trump’s mad efforts to start trade wars puts the US economy under stress. The outcome of the 2020 elections depends on the performance of the US economy in the next 17 months. How strong Is the US economy? Is the expansion “old”? Can we predict the next recession, and take fast action … Read more

Trump’s Trade War Is Paralyzing Business

By Patrick Watson Last week the Business Roundtable, an organization of large company leaders, released its quarterly CEO Economic Outlook Index. The index tracks what executives expect for sales, capital spending, and hiring over the next six months. The good news is the index has been above its historic average for 10 consecutive quarters. The … Read more

Here’s Why You Should Drive a Piece of Crap Car

By Jared Dillian I was unhappily scrolling through Facebook the other day and saw that one of my smart friends had posted a dumb article about the excellent Toronto Raptors basketball player who, despite making nearly a hundred million dollars, still drives a 20-year-old beater SUV. He said of the car: “It runs… and it’s … Read more

Bring on Higher Oil Prices: They’ll Boost the US Economy. Powell Sees it Too. A New Experience for the US

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Here’s why. Powered by the iffy situation in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman, with attacks on tankers and now the downing of a US drone, the price of crude oil got a little nervous in recent days. WTI jumped about 6% today to over … Read more

Mike Maloney: A higher silver price is going to stun the markets … Ted Butler: JP Morgan has “spring-loaded an explosive move in gold” …

BY JOHN RUBINO Peter Schiff: The Fed readies the markets for a July rate cut … Gerald Celente: The economy will OD on “monetary methadone” … Max Keiser on “Deutsche Bank’s death spiral” … Mike Maloney: A higher silver price is going to stun the markets … Ted Butler: JP Morgan has “spring-loaded an explosive move … Read more