The real reason why gold has stumbled
Daily Reckoning/James Rickards/6-6-2022 “When this panic hits and the dollar is deemed no longer reliable, the world will turn to gold. Frustration with the sideways...
Biden’s Approval Rating Sinks to New Low
President Joe Biden’s job approval rating has reached a new low, according to Morning Consult/Politico tracking, slipping below 40% for the first time since he...
Goldman Sachs says oil will roar higher – and consumers will feel like crude is at $160 a barrel due to surging gas prices
Markets Insider/Harry Robertson/6-7-2022 “Goldman Sachs economists have predicted oil prices will surge to $140 a barrel this summer, with a drop in Russian production and...
American trust in government near ‘historic lows,’ Pew finds
Placeholder while article actions load Uncle Sam isn’t a trustworthy dude. He was in 1964, when Americans gave the government he symbolizes a positive rating...
Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “George Bernard Shaw famously observed that he knew three types of economists. Those who were brilliantly right. Those who were brilliantly wrong. And those...
Inflation Tax Costing US Households $433 Per Month
June 9, 2022 by SchiffGold 0 0 Everybody was thrilled to get stimulus checks in the mail during the COVID-19 pandemic. “It’s free money!” many exclaimed. But nothing in...
Why Are Energy Prices High? Blame President Biden – Mish Talk
Natural Gas futures courtesy of Trading Economics It’s Transitory! If you are looking for something that’s transitory, then consider this dip in the price of...
There is another act to come in this market drama
Financial Times/Ruchir Sharma/6-5-2022 “Records for the S&P 500 going back to 1926 show a total of 15 bear markets, with a median drop of 34...
We Are Hurtling Toward Stagflation
June 9, 2022 by Michael Maharrey 0 0 There are a number of signals that the US economy is getting weaker even as inflation gets stronger. In other...
Lumber Price Gets Chopped in Half Amid Chill in Housing Markets
Benzinga Investors Are Buying Up More Than 25% Of The Available Homes In These Markets Amongst the competitive real estate markets, it’s not just first-time...