Gold peaked at $1,934 in September of 2011 – the last major commodity to peak in the 30-year cycle that first peaked in mid-2008.
Our middle class has been shrinking substantially since the 1960s and ’70s. Today, their share of wealth is the lowest in the world, at a mere 19.6%!
What the hell are Donald Trump and his new Treasury Secretary, Steven Mnuchin, smoking?! A new supply-side strategy? Just when we have overcapacity everywhere thanks to the greatest debt bubble
Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around
Italy has a major referendum on December 4, the results of which could mark the start of an Italian exit… yet U.S. and most global stocks keep going up.
Our middle class has been shrinking substantially since the 1960s and ’70s.
I just got back from a seminar in London.
I keep saying that in the next great crash, everything will get swept up in the onslaught – with virtually no exceptions. And that goes too for what we eat!
It’s official. The global real estate bubble is bursting.