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Gold & Silver Prices in
Articles related to Recession
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Sunday, April 23, 2017
Mac Slavo - ShtfPlan
Does Your Plan B Include a Second Place to Live If Plan A Doesn’t Work Out?
This article was originally published by Charles Hugh Smith at We all have a Plan A—continue living just like we’re living now. Some of us have a Plan B in case Plan A doesn’t work out, and the reasons for a Plan B break out into three general categories: Preppers who foresee the potential for a breakdown in Plan A due to a systemic “perfect storm” of events that could overwhelm the status quo’s ability to supply healthcare, food and transportation fuels for the nation’s hea
Sunday, April 23, 2017
Chris Martenson
Where There’s Smoke...
Many questions surround the elevated financial asset prices we are faced with today. I'm talking not just about the sky-high prices of stocks and bonds, but also of the trillions of dollars’ worth of derivatives that are linked to them.  All are intricately linked together. For instance, stocks are elevated, in part, because bond yields are so low.  Here are several of the nature questions most investors are asking: Question #1: When will financial assets ever ‘correct’ and fall in price? Quest
Saturday, April 22, 2017
Mish - Global Economic Analysis
Existing Home Sales Best Since February 2007: Good as it Gets?
Existing home sales beat expectations with a climb to 5.71 million units, seasonally adjusted annualized (SAAR). Econoday calls this an acceleration, is that what’s happening? Highlights The resale market, after a period of steady sales, is now accelerating to new expansion highs. Existing home sales rose a very sharp 4.4 percent to a higher-than-expected annualized rate of 5.710 million. This is the best rate since February 2007. Both components show strength with single-family sales up 4.3 p
Saturday, April 22, 2017
Andy Hoffman - Miles Franklin
Last Chance For France
Before I get started, I must recommend that this weekend, you listen to yesterday’s third installment of the Miles Franklin Silver All-Star Panel Webinar – hosted by myself, and featuring David Morgan, Steve St. Angelo, and Craig Hemke.  Nowhere on the internet – much less, for free – will you receive such vitally important information about the world’s most undervalued asset class.  And given the Cartel’s all-time high silver short position – amidst a veritable blizzard of potentially short-cov
Saturday, April 22, 2017
Frank Shostak
What Is the "Correct" Growth Rate of the Money Supply?
Most economists believe that a growing economy requires a growing money stock, on grounds that growth gives rise to a greater demand for money, which must be accommodated.Failing to do so, it is maintained, will lead to a decline in the prices of goods and services, which in turn will destabilize the economy and lead to an economic recession or, even worse, depression.Since growth in money supply is of such importance, it is not surprising that economists are continuously searching for the right
Thursday, April 20, 2017
Michael Pento - Delta Global Advisors
Fed Will Cause a 2008 Redux
Truth is a rare commodity on Wall Street. You have to sift through tons of dirt to find the golden ore. For example, main stream analysis of the Fed's current monetary policy claims that it will be able to normalize interest rates with impunity. That assertion could not be further from the truth. The fact is the Fed has been tightening monetary policy since December of 2013, when it began to taper the asset purchase program known as Quantitative Easing. This is because the flow of bond
Wednesday, April 19, 2017
Andy Hoffman - Miles Franklin
April 23rd-A Potential Turning Point For The “99”
For the first time in the 15 years I have been in the Precious Metals space, I truly believe we are witnessing the “last days of the gold Cartel.”  However, we’re not there yet – as evidenced by the fact that despite a blizzard of PiMBEEB, or “Precious Metal bullish, everything-else bearish” headlines since markets closed for the three-day holiday weekend; from Friday’s horrifying March (and downwardly revised February) retail sales reports, causing the Fed to reduce its 1Q GDP estimate to just
Tuesday, April 18, 2017
Andy Hoffman - Miles Franklin
Last Days of The Gold Cartel
It’s early Saturday morning, so don’t be surprised if by the time you read this, the world has significantly changed.  As frankly, a war involving the U.S., North Korea, and potentially many others may well be imminent; so much so, that China “nearly started World War III” last night, by “accidentally” reporting North Korea had launched a nuclear missile. Yes, just five months after his inauguration, Donald Trump is on the verge of starting his second war with a nation posing no threat to Americ
Sunday, April 16, 2017
Phoenix Capital - Gains Pains & Capital
  Krunch Time for Korean Krackpot Despot, Kim Jong-Un: Missile Crisis Countdown Has Begun
The following article by David Haggith was first published on The Great Recession Blog: The Korean missile crisis has never been hotter. Trump is turning the screws on everyone to force action. China, Japan, and South Korea join in threatening Kim Jong-un with imminent war, but North Korea’s crackpot despot isn’t backing down. Trump has dispatched war ships, including the USS Carl Vinson, to North Korea as North Korea continues to show signs that it is preparing to do another nuclear test on Sa
Saturday, April 15, 2017
Rickards: Predict the Unpredictable… We’re Heading Straight ...
Modern Wall Street/Olivia Bono-Voznenko/04-13-17 Before the holiday weekend begins, best-selling author James Rickards joins Olivia Bono-Voznenko outside the NYSE to talk all about the markets and his latest book, “The Road to Ruin.” Jim discusses the currency wars, Trump’s turnaround on China & the Fed and an inevitable crisis amid a weak system. “Have 10% of your investable assets in [physical] gold.” — James G. Rickards
Friday, April 14, 2017
Andy Hoffman - Miles Franklin
Death Of A Presidency, An Empire, And A Monetary System
I’m 46 years old, and grew up in New York; and thus, know a lot about Donald Trump.  Consequently, if at any time before last summer, you told me he’d one day be President, I would have laughed until I cried.  After all, a man famous for bad marriages; a big, insulting mouth; and massively overleveraged investments in some of the worst imaginable businesses – from Atlantic City casinos, to the United States Football League – was as far from what I’d consider “Presidential material” as I could im
Thursday, April 13, 2017
The Daily Market Report: Gold Remains Well Bid Near 5-Month Highs
USAGOLD/Peter A. Grant/04-12-17 Gold remains well bid in the wake of solid gains on Tuesday. The yellow metal is now up more than 10% year-to-date. Silver is up more than 15% on the year, despite the fact this is has been unable to take out its previously established high from February at 18.48. According to Janet Yellen, the Fed is pivoting from stimulus to sustain mode, even as considerable growth risks persist. The WTO sees global growth between 1.8 and 3.6% this year, amid “deep uncertainty”
Wednesday, April 12, 2017
Mish - Global Economic Analysis
“Secular Low in Bond Yields Remains in the Future” says Hoisington’s Lacy Hunt
With the Fed having hiked thrice and calling for three more hikes still, the 2017 Hoisington First Quarter Review contains a call that will have many if not most analysts shaking their heads: “The secular low in bond yields remains in the future, not the past,” says Lacy Hunt. The Federal Reserve has initiated the fifteenth tightening cycle since 1945 (Chart 1). Conspicuously, in 80% of the prior fourteen episodes, recessions followed, with outright business contractions being avoided in just
Wednesday, April 12, 2017
Mish - Global Economic Analysis
Yellen’s Self-Serving Assessment: Fed is “Doing Pretty Well”
Now that the bubbles have been blown (but still remain invisible to the Fed), Fed Chair Janet Yellen Yellen conveniently pats herself and the Fed on the back for a job piss-poorly done. Her self-serving assessment is the Fed is “doing pretty well”. And her new message of the day is Era of Stimulative Monetary Policy Is Ending. Federal Reserve Chairwoman Janet Yellen indicated Monday that the era of extremely stimulative monetary policy was coming to an end. In a public discussion at the Univer
Wednesday, April 12, 2017
Mish - Global Economic Analysis
Debate over the Yield Curve: Is it Steepening or Flattening?
A recent Wall Street Journal story stated that “A flattening of the Treasury yield curve in 2017 is a worrying sign for investors banking on resurgent U.S. inflation and growth.” Hedgeye responded REALLY?! Wall Street Journal: “A Worrying Sign on US Inflation & Growth” Let’s investigate starting with Hedgeye. With stocks off all-time highs, there are a lot of bear market stories swirling around about how U.S. economic growth is faltering. One of these false narratives is about the classic econo
Tuesday, April 11, 2017
Jesse - Le Cafe Américain
Thomas Frank: America In the Age Hypocrisy, Hubris, and Greed 
"The whole world wants to know about what the hell is happening with us. So let's talk about it. I live in Washington now, and the people I live among have no idea how people live here in the Midwest, not the faintest idea... The last couple of years here in America have been a time of brisk prosperity according to official measurements, with unemployment down and the stock market up. For Americans who work for a living however, nothing ever seems to improve. Wages do not grow, median hous
Sunday, April 9, 2017
Phoenix Capital - Gains Pains & Capital
Will Trump Stop Plans to Ban Cash in the US?
The biggest trend that continues “behind the scenes” is the War on Cash. Anyone who believed that the political shift towards nationalism would somehow result in the elites giving up their Central Planning schemes is mistaken. Consider Europe… Recently, the European Union announced it would start researching whether or not to put an upper limit on what cash can be used for… with the idea of implementing this policy in 2018. Spain, Greece, Portugal, and France are already banning cash for above c
Sunday, April 9, 2017
Nathan Lewis - New World Economics
hat Are Our Stable Money ...
(This item originally appeared at on April 6, 2017.) Let’s say that you wanted a currency that was stable in value – one that did not go up or down in value. This is good, because then you don’t molest the economy with the various distortions that happen when currencies go up and down in value. By doing so, you explicitly abandon all the many funny money ambitions that involve, o
Friday, April 7, 2017
Andy Hoffman - Miles Franklin
Naked Emperors, For The Entire World To See
Yesterday, I wrote that the brief “eye” of the relentless PiMBEEB  storm would likely pass by the time you read my “disturbing trends” article.  Which it certainly did – and then some – when the “naked emperors” known as the Federal Open Market Committee published the “minutes” of their Ides of March meeting.  Perhaps, an even more powerful “storm” will hit today, when Donald Trump meets with Chinese Premiere Xi Jinping in a potentially historic summit – that Trump last week “warned” of, in stat
Friday, April 7, 2017