This is it! The autumn of 2018 will be momentous in the world economy, markets and politics. We are now seeing the Last Hurrah for stocks, bonds, the dollar and most asset markets. The world economy has been living on borrowed time since the 2006-9 crisis. The financial system should have … [Read more...] about The Last Hurrah Before The Dark Years
Peter Schiff: “The Fed Is Like Mr. Magoo! We Are Headed For A Massive Financial Crisis”
Peter Schiff has been saying that even though the stock market is on a slow downward slide, the biggest problem is actually in the bond market. Last week, Schiff warned us to be wary of the calm before the storm, and this week, he said most, including the Federal Reserve, are oblivious to the … [Read more...] about Peter Schiff: “The Fed Is Like Mr. Magoo! We Are Headed For A Massive Financial Crisis”
China Prepares Death Blow to the Dollar
On March 26 China finally launched a yuan-dominated oil futures contract. Over the last decade there have been a number of “false-starts,” but this time the contract has gotten approval from China’s State Council. With that approval, the “petroyuan” will become real and China will set out to … [Read more...] about China Prepares Death Blow to the Dollar