What’s Behind Predictions of Gold Prices Continuing to Soar? Institutions Hold the Answer
Pierre Lassonde, the famous Canadian gold mining investor and executive, recently said in an interview that he believes gold…
Category: US Economy
Record Debt Levels are Everywhere – Auto Loans, Credit Cards, Public Finance, Private Credit
Debt of all kinds in the US is reaching levels that seem impossible to manage to any normal set…
Will Trump’s Pick of Warsh for Fed Chairman Curtail or Accelerate the ‘Sell America’ Trade?
This is part 2 of a 2-part series on the so-called Sell America trade. You can read part 1…
To Develop Critical Minerals, Industry and White House Propose Becoming China to Fight China
This is Part 4 of a 4-part story on the advent of critical minerals on markets and national security…
Environmentalism’s Cost in Cobalt, Antimony, Copper, and Silver: Critical Minerals in America
This is Part 3 of a 4-part story on the advent of critical minerals on markets and national security…
Gov. Designation of Silver as Critical Mineral Fuels Bull Market Breakout to Unprecedented Price
According to the most successful precious metal and commodity investors, there is more than one reason behind the stratospheric…
Fed Quietly Restarts Something That Quacks Like QE and Precious Metals Soar
At the recent meeting of the Federal Open Market Committee (FOMC), the Federal Reserve cut its benchmark rate by…
Tariffs or ‘Shrinkflation’ Affecting Thanksgiving Meals in America
Tariffs will affect traditional food staples at a typical Thanksgiving meal this holiday season. According to an analysis by…
Americans Seeing Less and Less Sense in Trump Tariff Arguments After Coffee Comments
In an interview on Fox News, President Donald Trump told Laura Ingrams yesterday that in response to the soaring…
Firefly Aerospace Raises Over $800 Million on First Day on Wall Street
Firefly, a civil-commercial spaceflight company out of Texas, recently raised over $800 million on Wall Street during its initial…
Huge Jump in Producer Prices Point to Tariffs Beginning to Weigh on American Businesses
The July Producer Price Index (PPI) report printed an eye-catching 0.9% month-over-month increase, the largest such increase recorded in…
Do Any Economists Believe Trump’s Tariffs Will Improve the American Economy?
Story at a glance… President Trump announced a new tariff regime that has placed at least a 10% tax…
Gold’s Remarkable Rise to $1 Million a Bar Offers Rare Media Flashpoint of a Quiet Bull Market
News broke last week that upon reaching a new all-time record high of over $2,500 per troy ounce, the…
US Debt Per Citizen Grows 10% Faster Than the Population Since 2008
Financial analysts have looked at the growth rate in the share of the national debt per citizen and found…
Record-High GDP Print Disguises Sorry State of US Economy as a Half-Dozen Recession Indicators Continue Flashing
News reports hailed the recent third-quarter advance estimate for GDP of 4.9% as a sign of the “resilience” of…
US Deficit Is Projected to Roughly Double this Year: Watchdog
According to projections from the Committee for a Responsible Federal Budget, the US federal spending deficit for the fiscal…
Strong Labor Market or Desparation? Survey Finds 93% of Americans Work a Side Hustle, 16% a Second Job
Labor is a tricky part of economics, and the current US economy, despite the bank failures, the record price…
Silicon Valley Bank CEO’s Testimony Highlights Major Problem-Realities in American Finance
Set for a grilling before Congress at 10:00 AM Eastern Time, a written testimony from Greg Becker, former CEO…
First Republic Bank Becomes Second-Largest Failed US Bank—and Other Economic News
VARESE, Italy. May 2nd, 2023. After Silicon Valley, Signature, and Silvergate banks failed and were seized by the US…