A Laughable Explanation of the G7 Oil Price Buyers’ Cartel Emerges – Mish Talk
Yesterday, the G7 leaders met to discuss an oil buyers’ cartel to drive down the price of oil. I commented “The details are still being...
Nowhere to hide from the collapse of the everything bubble
This bear market is unusually challenging for investors because there is nowhere to hide. The selloff includes just about everything – every asset class. This...
Economic Winter Has Arrived | Mises Wire
The average card-carrying Austrian would say that the Federal Reserve is creating money by the bale, with evidence being Consumer Price Index prints of 8.6...
G-7 Sanctions on Russian Gold Could Backfire
Russia is the world’s second largest producer of gold. When the London Bullion Market Association delisted Russian gold refiners in March, many expected the move...
How the Russian Gold Ban Speeds Up THE GREAT RESET
Today, Mike Maloney delivers an earth shattering news update based around what he dubbed many years ago as ‘The Death of the Global Dollar Standard’…but...
Wrong on the Dollar – for Now by Stephen S. Roach
After a 9% decline in the second half of 2020, the broad dollar index – the real effective exchange rate as calculated by the Bank...
The return of the European Union’s debt problem
Statista/Katherina Bucholz/6-23-2022 “On average, European Union countries had a gross government debt of roughly 88 percent of GDP in 2021. This average disguises real differences...
Goldman Sachs Raises Gold Target Yet Again To $2500/Oz By Year-End Signaling Boost To Gold Industry
Finance 10 hours ago Western Copper and Gold reports feasibility study results for its Casino deposit, with NPV of C$2.3B Editor’s Note: With so much...
Bond traders are trapped between recession and inflation fears.
Bloomberg/Michael Mackenzie and Liz McCormick/6-25-2022 “Bond investors are torn about whether the recent pullback in yields — fueled by increasing fear of recession — marks...
Russia, China Set to Develop New Reserve Currency
Russia is ready to develop a new global reserve currency alongside China and other BRICS nations, in a potential challenge to the dominance of the...