The Coming Credit Meltdown Will Be As Bad As The Great Depression And The Financial Crisis: Deutsche

By Tyler Durden 04/02/2019 With investor attention increasingly focusing on what most believe will be the catalyst for the next financial crisis, namely a tsunami in corporate defaults as a result of the disastrous combination of record leverage, higher rates and an economic slowdown, overnight we presented the view of FTI global co-leader of [...] Read more

Peter Schiff: This Is Permanent Debt Monetization, A Dollar Collapse Is Next

Peter Schiff: This Is Permanent Debt Monetization, A Dollar Collapse Is Next

By Tyler Durden 04/01/2019 In his most recent media appearance, Peter Schiff blasts the mainstream financial media and Fed policies, which he believes to be inflating the "biggest bubble yet". Schiff appeared on the Quoth the Raven Podcast on Sunday and spent an hour and a half explaining his case as to why the United States is heading to a [...] Read more

Russian Ministry of Finance will de-dollarize the economy with gold

Russian Ministry of Finance will de-dollarize the economy with gold

By Evgeny Blok 03/27/2019 Russian Ministry of Finance will de-dollarize the economy with gold On March 26, an extended meeting of the Board of the Ministry of Finance of the Russian Federation was held, during which the main results of the activities of the Ministry of Finance of the Russian Federation in 2018 and the tasks of the financial system [...] Read more

'We're at 15 minutes to midnight': Citi predicts US recession this year

'We're at 15 minutes to midnight': Citi predicts US recession this year

Citigroup says its recession model is flashing red warning signals. The US economy will be contracting by December By Ambrose Evans-Pritchard, The Telegraph 03/29/2019 Citigroup has issued an explicit recession warning for the United States, advising clients to wind down exposure to risky assets and prepare to ride out the storm. The bank’s global [...] Read more

Russia is stocking up on gold as Putin ditches U.S. dollars

Russia is stocking up on gold as Putin ditches U.S. dollars

By Andrey Biryukov, Rupert Rowling and Yuliya Fedorinova, Bloomberg News 29/03/2019 Vladimir Putin’s quest to break Russia’s reliance on the U.S. dollar has set off a literal gold rush. Within the span of a decade, the country quadrupled its bullion reserves, and 2018 marked the most ambitious year yet. And the pace is keeping up so far this year. [...] Read more

WeWork’s $1.9 Billion Loss Is A Typical Tech Bubble 2.0 Story

03/ 28/2019 By Jesse Colombo On Monday, unicorn WeWork reported that it lost $1.9 billion on $1.8 billion revenue in 2018. WeWork is a company that provides shared workspaces and related services for startups. WeWork can be thought of as a company that sells “picks & shovels” to the startup community and is, therefore, a play on the tech [...] Read more

Recession cometh

03/27/2019 By Tuomas Malinen Yield curve inversion has spooked the markets. In all honesty, it should not have come as a surprise. After the Federal Reserve pivoted early January and utterly capitulated in early March, everyone should have deduced that something was seriously wrong with the US economy. Bond markets have already signaled this for a [...] Read more

The Road Ahead for the Dollar

03/19/2019 By Hugo Salinas Price The original silver dollar, created at the birth of the United States, was based upon the silver Spanish “Pieces of Eight” minted at the Royal Mint in Mexico City, under Spanish rule at that time. This was a very widely used coin throughout the world. Because in its early years the US had no mint, the first US [...] Read more

Mali will reduce gold production by 3% in 2019

03/25/2019 BAMAKO, March 25 - RIA News / Prime. Gold output in Mali in 2019 will decrease by 3% to 59 tons as a result of the projected reduction in production at several fields, the ministry of mining said. In particular, B2Gold expects a decline in gold production at the new Fekola deposit to 13 tons from 14.8 tons by the end of 2018, while [...] Read more

Robbers postal stagecoaches or something from the hard life of idiots

A man with glasses and a mask, threatening with a pistol, demanded to give him money. But the branch does not work with cash, and the robber disappeared with nothing. Now the police are looking for him. 03/22/2019 By Anna Trunina, Egor Gubernatorov, RBC An unidentified masked figure burst into a branch of one of the banks in the north of Moscow [...] Read more

< 1 ... 33 34 35 36 37 38 >