Investor Gordon Long says the stock market hitting one all-time high after another, despite all the economic headwinds, shows the public is in a “delusional phase.” The latest nuclear war threat from North Korea shows the extreme delusion going on, …
Ron Paul on the Fed, China and Whats Happening With Gold Dr. Ron Paul discusses the Fed and China having their currency convertible to gold in trading for oil and that its a serious change for the U.S. Gold will …
by AMY S. Price gouging by Texas merchants in the path of Hurricane Harvey has drawn the attention of Texas Attorney General Ken Paxton, who said Saturday that his office is looking into such cases. “We’ve already found one big retailer …
by Tom McClellan The stock market’s quick selloff on August 10, 2017 came as traders got reintroduced to the concept of “event risk” after a long period of extreme quiet. And like bad drivers during the first snowfall of winter, there …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Sales volume crashes, prices plunge from April peak. In the Greater Toronto Area, sales of homes of all types in July plunged 40.4% compared to July last year to 5,921 transactions. By type: Detached houses -47.4% …
by GoldCore – UK house prices on brink of massive 40% collapse – UK at ‘edge of worst house price collapse since 1990s’ – Two leading economists warn of property crash – “We are due a significant correction in house prices” – …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “It’s fear.” During the first two weeks in May, according to preliminary data from Toronto Real Estate Board, home listings surged 47% from the same period last year even as sales plunged 16%. The average selling …
Analyst/trader Gregory Mannarino says, “There is not one asset class, not one, that has a real price discovery mechanism right now. How do we know this is true? The central banks, all of them, are distorting the debt market. It’s …
by Umar Farooq Oil prices tumbled on Friday, on track for the biggest weekly drop in a month on renewed concerns that increasing U.S. production and high inventories will thwart OPEC’s attempts to reduce the global crude glut. U.S. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “People need to ask themselves very carefully, ‘Why am I buying this house?”’: Stephen Poloz, Bank of Canada. The government of the Province of Ontario announced a laundry list of measures to prick the crazy house …
By Michael Snyder Whenever the world starts going crazy, investors instinctively begin flocking to precious metals. So it wasn’t exactly a surprise when gold and silver prices started to move upward aggressively as global leaders continued to talk about the …
Could a Fed rate hike start the bond market to liquidate? Mexican billionaire and retail magnate Hugo Salinas Price contends, “Apocalypse is upon us . . . this boom in stocks is about to collapse. The total debt when Reagan …
by Victor Mozambigue A tame stock market and an S&P Index that isn’t posting losses or gains of even 1% for 40 consecutive trading days, present a troublesome picture for the investors. But with tranquil stability, there comes rising …
https://youtu.be/J0DPfkPzh2M Gold is about to experience a massive price rally, erasing its recent lackluster performance for investors smart enough to act now. At least, that’s the latest gold price forecast of Albert Edwards, head strategist at Societe Generale. Gold certainly isn’t everyone’s …