Billionaire investor Carl Icahn said that the U.S. economy is at a breaking point, blaming “worse than mediocre” leadership and warning that soaring inflation threatens to topple America’s position on the world stage…
How A Country Loses Its Currency Reserve Status…
No, a country does not have a world reserve currency due to military power…
Meloni v. Macron – The Colonial End Game…
Sometimes the internet being eternal works to our advantage. Recently, there’s been a dustup in European politics over a three-year old video of now Italian Prime Minister Giorgia Meloni stepping on the third rail of European politics…
The Dollar Emergency Is Worse Than You Think…
Currency exchange-rate chaos is becoming an economic headwind and creating a crisis for capitalism…
The Great Currency Reset and Why Europe Is Trapped…
There’s a lot of news flying around about the changes happening in global currency trading. From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of the divide…
Trouble Ahead, Inflation Jumps More than Expected – Gasoline Prices Increase 9.1% in One Month, Year Over Year Inflation 2.6%…
The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”…
JP Morgan Blames Bear Stearns for ‘Criminal Enterprise’ at Precious Metals Trading Desk…
Regulators Expand Already Massive Precious Metals Manipulation Probe to Other Markets…
Just two days after the DOJ took the unprecedented step of designating the JPMorgan precious metals trading desk as a “criminal enterprise” using unusually aggressive language which reminded legal experts of indictments utilizing the RICO Act, and which hopefully ended years of precious metal manipulation by the group formerly headed by Blythe Masters, CNBC now […]
JPMorgan Traders Indicted for Market Manipulation, Racketeering…
Three JPMorgan employees, some of whom were executives, were indicted on charges related to making fake orders of gold, silver and other metals to trick the market, federal Department of Justice announced Monday. Gregg Smith, 55, Michael Nowak, 45, and Christopher Jordan, 47 and other co-conspirators allegedly manipulated the market by placing orders that they […]
Gold: $1500…
Gold prices on Wednesday jumped above an important psychological level at $1,500 amid a round of easy-money policies that helped to stoke fresh appetite for the perceived safety of precious metals. The 10-year U.S. Treasury note’s TMUBMUSD10Y, -4.93% fall to new lows not seen since 2016 below 1.7%, also helped to drive demand for bullion. […]