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Analyst/trader Gregory Mannarino says, “Gold has just hit a high for the year, and that is also a trajectory that will continue. Why will this keep going? Let’s go back … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell … Read more
What is this going to look like to the man on the street when the economy melts down again? Financial expert Doug Casey says, “The country has been living way … Read more
by John Rubino Just as everyone was finally accepting the idea of deflation and negative interest rates, inflation decides to pay a return visit. In the past day, articles with … Read more
by Umar Farooq 2017 kicked off with a reflationary revival as the consumer price index (CPI) recorded 2.5% year-over-year (YoY) growth in January – Its highest reading since early-2012. Inflation … Read more
by Victor Mozambigue Inflation in China has now reached a new high. Producer price inflation hit a 6-year high at 6.9% in January. Rising prices of raw materials, especially steel … Read more