LATEST NEWS : Russia may ban circulation of US dollar

The State Duma has been submitted a relevant bill   Moscow. Farid Akbarov – APA. Russia may ban the circulation of the United States dollar. The State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens […]

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LATEST NEWS : Japan Is Leading the Global System to Collapse

The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way. Their “way” involves rampant debt monetization, also called Quantitative Easing or QE. Indeed, the primary argument from the Keynesians as […]

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LATEST NEWS : Will the Fed engage in currency wars?

The Fed said some of its members fear a rising US dollar could hurt US exports, slow inflation and harm American competitiveness. The reaction in currency markets was swift and the New Zealand dollar jumped nearly two US cents before settling about a cent higher than before the Fed’s comments. Mr Wheeler has made it […]

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Janet Yellen's J-Hole Speech: Slack Remains, QE Is Over, Rates Could Rise Sooner (Or Later)

Simply put, as Citi noted, unless Fed head Janet Yellen goes full-dovish, risk assets face tremendous downside potential [11].  As ConvergEx’s Nick Colas notes, Yellen receives a “B” grade from financial professionals, fewer than half (49%) of those surveyed approve of the job the Federal Reserve is doing. A clear majority (59%) of respondents describe the Fed as […]

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Fed Splits Evident Amid Wait for Yellen: Jackson Hole Journal

Divisions within the Federal Reserve over how long to keep easy monetary policy are already in evidence in Wyoming as investors prepare for Chair Janet Yellen’s keynote speech. Fed Bank of St. Louis President James Bullard told Bloomberg Radio that the U.S. central bank may begin tightening monetary policy earlier than officials previously expected. Continue […]

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30 Facts That Prove The American Middle-Class Is Being Destroyed

The 30 statistics that you are about to read prove beyond a shadow of a doubt that the middle class in America is being systematically destroyed.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a staggering pace.  […]

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Ukraine accuses Russia of "direct invasion" as aid convoy crosses border

Ukraine said on Friday the entry of Russian aid trucks onto its territory was a “flagrant violation” of international law and it appealed to the international community to condemn Russia’s actions as illegal and aggressive. The foreign ministry said in a statement that, while Ukrainian authorities had not given the convoy permission to enter, it […]

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US Is In A Depression: Rickards

Well we know what the most pessimistic bear case is: former Long Term Capital Management general counsel Jim Rickards warns that a 70% – 80% stock market crash followed by rioting and the rise of neo-fascism is one of the possible outcomes from growing systemic instability, and the other two are terribly rosy either. In an interview with Christoph […]

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Big Picture: Most Important

With gold again on the decline, it’s time to take a look and focus on gold’s big picture. This eases a lot of doubt, especially when companies like Goldman Sachs are bearish on commodities.  We’ll focus on silver and palladium too.  Continue reading on news.goldseek.com

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LATEST NEWS: Yes, the U.S. Really Will Defend Japan

Professor Paul Sracic suggests in his July 26 essay “Will the U.S. Really Defend Japan?” on The Diplomatthat President Barack Obama is likely to consult Congress if and when he is forced to decide whether to come to the assistance of Japan, in case of a military conflict with China over the disputed Senkaku/Diaoyu Islands, and that […]

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