bailout


Gold shouldn’t be expensive to own

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Gold closed July with its first monthly gain since February. Traders are now handicapping a possible Fed hike in September, which means the cost of holding a non-yielding asset is about to get quoted back to investors in real numbers.

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1920: The Crash That Cured Itself

There were no massive liquidity “bazookas” shot by central banks, no giant stimulus programs from the Ministry of Economy, no price or profit margin controls...


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Rickards Warns America's "Bridge Loan" Is Up

We’ve climbed 10 feet out of the hole. Unfortunately, we could find ourselves right back at the bottom before too long... And digging our way back up to 2019 levels would take even longer...