Taking The 'Petro' Out Of The Dollar
Submitted by Alasdair Macleod via GoldMoney.com,
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent.
Submitted by Alasdair Macleod via GoldMoney.com,
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent.
Submitted by Mac Slavo via SHTFPlan.com,
The stock market may be hovering near all-time highs, but according to Greg Mannarino of Traders Choice that doesn’t mean the valuations are actually real:
We exist, beyond any shadow of any doubt, in an environment of absolute fakery where nothing is real… from the prices of assets to what’s occurring here with regard to the big Wall Street banks, the Federal Reserve, interest rates and everything in between.
Three months after Japan unveiled NIRP - mostly for local banks - the effect for everyone else has finally arrived.
Submitted by Dan Popescu via Acting-Man.com,
The Inflation Illusion
We hear more and more talk about the possibility of imposing negative interest rates in the US. In a recent article former Fed chairman Ben Bernanke asks what tools the Fed has left to support the economy and inter alia discusses the use of negative rates.
Submitted by Leonard Hyman and William Tilles via OilPrice.com,