Dow Companies Report Worst Revenues Since 2010, Dow Rises to 20,000
Dow Companies Report Worst Revenues Since 2010, Dow Rises to 20,000 by Wolf Richter From January 2011 to January 2017, the DJIA has soared 73%, from 11,577 to 20,094. But…
The Investment Secret of the 2000s… And it has But Started
The Investment Secret of the 2000s… And it has But Started by Egon von Greyerz Stocks are the only asset class on the horizon for most investors. However, we are…
Most Pension Fund Managers Shy Away from Gold – Guess Why
Most Pension Fund Managers Shy Away from Gold – Guess Why by JP Cortez Tens of millions of Americans and their employers pour money into pension plans each month, counting…
Death Throes of “Money”
The Death Throes of “Money” by Andrew Hoffman “I have some profound thoughts early on this cold Saturday morning, of just how much destruction the world’s “powers that be” –…
India Stampedes Into Bullion
India Stampedes Into Bullion by Patrick A. Heller India’s prime minister announced on November 8 that the government would immediately begin withdrawing 500- and 1,000-rupee banknotes from circulation. Their face…
New Islamic Finance Guidance on Gold Emphasises Real Deal
New Islamic Finance Guidance on Gold Emphasises Real Deal By Bernardo Vizcaino To encourage new Islamic finance products using gold * Sukuk, ETFs, trading accounts in development * Guidance also…
Venezuela Currency Loses 45% This Month as Hyperinflation Escalates
Venezuela Currency Loses 45% This Month as Hyperinflation Escalates by Mish The Venezuelan bolivar has lost 45% of its value against the US dollar so far this month, the biggest…
Now it Begins to Unravel
Now it Begins to Unravel by Wolf Richter Debt is good; more debt is better. Debt must always grow, and for that purpose, the Fed has manipulated interest rates to…
War on Cash Is Going to Send Gold to $5000 or Higher
The War on Cash Is Going to Send Gold to $5000 or Higher by Phoenix Capital The financial world is awash with claims that the gold bull market is over.…
Gold Has Biggest Rally Since Brexit as Trump Wins White House Race
Gold Has Biggest Rally Since Brexit as Trump Wins White House Race by World Gold Council Gold jumped nearly 5% on Wednesday to its strongest in six weeks, as investors…