Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “The population of the world is increasing at the rate of five thousand four hundred every hour. A small percentage of these people will...
oftwominds-Charles Hugh Smith: Doom Loops Are Multiplying
We can all pretend to be fantastic until the floor collapses beneath us. At that point, complacency / denial gives way to panic, but it’s...
Daily Gold Market Report | Today’s top gold news and opinion
Gold is cautiously higher following yesterday’s inflation numbersGallup finds 26% of Americans view gold as the best long-term investment (USAGOLD – 5/11/2023) – Gold is...
The CPI is Two Months Away From Bottoming Before the Next Leg Up
May 11, 2023 by SchiffGold 0 0 The CPI rose in March by 0.37%, which was much larger than last month’s 0.06%. As shown below, this was driven...
PacWest shares tumble 20% after regional bank says deposits fell 9.5% last week
A Pacific Western Bank branch in Los Angeles, California, US, on Friday, March 10, 2023. Eric Thayer | Bloomberg | Getty Images Shares of PacWest...
Jerome Powell faces lowest public confidence for Fed chairman on record, Gallup says
Bloomberg/Gergory Korte/5-9-2023 “Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or...
The U.S. Trade Dollar – Blanchard and Company
The Trade Dollar is an interesting example of how expanding global trade can give rise to new coins. In the mid-1800s, the Mexican peso was...
Academic Study Finds that One of the Four Largest U.S. Banks Could Be at Risk of a Bank Run
By Pam Martens and Russ Martens: May 9, 2023 ~ The systemic threats to the U.S. financial system were not remedied when Congress passed the watered-down...
Is high inflation the new normal?
The inflation surge of the past two years is a warning about what can happen when sudden changes in the things we want collide with...
Krugman’s Magic Act | AIER
In a recent string of tweets, economist Paul Krugman talked about the government issuing either a trillion-dollar coin or “premium bonds” as a means of...