The abyss between the Fed's illusion of phantom wealth for Wall Street and the collapse of Main Street is bottomless, and our descent into the abyss is accelerating...
"The vast money creation spurs debasement fears which create a greater likelihood that at some time in the future central banks and governments will allow inflation to drift higher to reduce the accumulated debt burden..."
Gold's monetary demand is a function of faith in central banks...That faith continued until the Fed's talk of "normalization" dies on the vine. And now?
"What we’re going to need next for another leg up is a better macroeconomic outlook, because the next leg up will come from a rotation into cyclicals."
In an interview with Edward Griffith in 1984, former KGB operative Yuri Bezmenov outlined the playbook of the Soviet Union and the staged manner in which a communist apparatus takes over a country.
I am unlikely to be fired as a result of these efforts of Loyola students. For one thing, I have tenure. For another, their petition has garnered far fewer signatures than one inaugurated in support of me, calling for a raise in my salary.
"Turkish banks have all but placed capital controls in place and any time there are some adjustments to regulations they can cause some swings in the lira."
Senior editor, Ash Bennington, hosts managing editor, Ed Harrison, to break down the recent price action in gold and bitcoin, and to analyze the health of the…
