Doug Casey Warns: "It's The Next Stage Of The Greater Depression..."
Submitted by Mac Slavo via SHTFPlan.com,
Submitted by Mac Slavo via SHTFPlan.com,
Submitted by Andrew Zeitlin of Moneyball Economics
Semiconductors Tell the Real Story of Global GDP
The industrial slowdown predicted by semiconductors is coming true.
Submitted by Mac Slavo via SHTFPlan.com,
Astute observers of financial markets, especially in the precious metals sector, have long argued that small concentrations of major market players have been manipulating asset prices. Last week those suspicions were confirmed when Deutsche Bank, one of the world’s leading financial institutions, not only admitted to regulators that they have been involved in the racket, but that they were prepared to turn over records implicating many of their cohorts in a global scheme to suppress prices.
In a brutally frank and painfully honest first quarter operational update, Halliburton president Jeff Miller poured freezing cold water all over the "oil is stabilizing, and everything is going to be awesome" narrative. After explaining that the firm has laid off one-third of its global employees, and pointing to the collapse in sequential revenues across every business unit, Miller exclaimed: "What we are experiencing today is far beyond headwinds; it isunsustainable."
Shares of Lithium companies have surged after Tesla boosted its outlook for electric vehicles powered by batteries that use the element, sending the Solactive Global Lithium Index up by about a third since the middle of February.