By Alasdair Macleod – Re-Blogged From Gold Eagle
We are on the verge of moving into an era of high interest rates, so markets will behave differently from any time since the early-1980s. There are enough similarities with the post-Bretton Woods era of the 1970s to give us some guidance as to how markets are likely to evolve in the foreseeable future.
By Gary Christenson – Re-Blogged From Silver Phoenix
Several countries and cities studied and tested a universal basic income (UBI). At first glance it looks like giveaway nonsense:
By John Rubino – Re-Blogged From Gold Eagle
What happens to gold and silver prices when the Fed “goes all in” during the next financial crisis?
Money manager Michael Pento says, “They are going to explode when the stock markets melt down and deficits are rising where is the money going to come from?
By Keith Weiner – Re-Blogged From Gold Eagle
Last week, we talked about the capital consumed by Netflix—$8 billion to produce 700 shows. They’re spending more than two thirds of their gross revenue generating content. And this content has so little value, that a quarter of their audience would stop watching if Netflix adds ads (sorry, we couldn’t resist a little fun with the English language).
So it is with wry amusement that, this week, Keith heard an ad for an exclusive-to-Pandora series. The symptoms of falling-interest-disease are ubiquitous.
By Arkadiusz Sieron– Re-Blogged From Gold Eagle
Powell and Co. hiked again. And the FOMC removed the important phrase about “accommodative” stance. What now for gold?
Yesterday, the FOMC published the monetary policy statement from its latest meeting that took place on September 25-26. In line with the expectations, the US central bank raised the federal funds rate by 25 basis points to the target range of 2 to 2.25 percent:
By Alasdair Macleod – Re-Blogged From GoldMoney
It is now possible to pencil in how the next credit crisis is likely to develop. At its centre is an overvalued dollar over-owned by foreigners, puffed up on speculative flows driven by interest rate differentials. These must be urgently corrected by the European Central Bank and the Bank of Japan if the distortion is to be prevented from becoming much worse.
The problem is compounded because the next crisis is likely to be triggered by this normalisation. It can be expected to commence in the coming months, even by the year-end. When flows into the dollar subside and reverse, bond yields can be expected to rise sharply in all the major currencies. There will also be a number of other unhelpful factors, particularly rising commodity prices, the timing of the Trump stimulus and trade tariffs pushing up price inflation. Coupled with a declining dollar, price inflation and therefore interest rates are bound to rise significantly.
By Egon von Greyerz – Re-Blogged From Gold Eagle
Many emerging markets are now turning to submerging markets as country after country is experiencing falling economies, currencies and stock markets.
The currency is often the best indication of a country’s economic health. Just look at these six currencies submerging into obscurity:
