Image courtesy of Austrian National Library From Peter Reagan at Birch Gold Group Despite the evidence that the U.S. is already in an economic recession, the current administration is conveniently ignoring this fact before the midterms. In fact, President Joe Biden recently told CNN’s …
by confoundedinterest17 The Federal Reserve’s zero-interest rate policies (ZIRP) has The Fed Funds Target Rate at a measly 25 basis points or 0.25%. While this is great for some, it is disastrous for savers. Once we subtract off the inflation rate …
https://twitter.com/NorthmanTrader/status/1433773069231923205 Services Surveys Scream Stagflation In August As Wages Spike https://t.co/4TmNPaTOYN — zerohedge (@zerohedge) September 3, 2021 Headline #Inflation in the US and Eurozone! pic.twitter.com/0zlw0I991S — jeroen blokland (@jsblokland) August 31, 2021 The U.S. consumer is maxed out. They need …
Peter Schiff via ZeroHedge: When It Comes To Inflation, We’re Just Getting Started (Peter Schiff via ZeroHedge) The July Consumer Price Index (CPI) data came out this week. For the first time, the numbers were in line with expectations, leading …
Via Birch Gold Bad news… Retirement savers with some (or all) of their assets tied up in a private pension could be facing a nightmare scenario sooner than expected. Both public and private pensions have been in trouble for quite some time. But it appears …
via CNBC: One long-lasting impact from the crisis — caused in part by irresponsible bank behavior — is suppressed interest rates, Wells Fargo analyst Mike Mayo wrote. “It’s absolutely a wealth transfer from prudent savers to the borrowers and risk …
TradersChoice.net, Released on 1/30/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several …
Authored by Richard Rosso via RealInvestmentAdvice.com, An article, a reflection of his childhood, The Financial Times’ Berlin Correspondent Tobias Buck recently wrote of Germany’s immutable obsession with saving money. His behind-the-scenes account of piggy banks and children’s decorated money boxes …
by GoldCore Women’s Pension Crisis Highlights Dangers To Savers – International Women’s Day highlights the underreported UK Women’s pension crisis – 2.66 million affected by UK government’s change to state pension act – Women’s pension crisis is one of many …
The FDIC is no longer just an insurance agency, but the primary executor for the bail-in process If you ask any number of Americans to tell you if they believe their bank accounts are protected, a modicum of the group …