Charles Hugh Smith's picture

By Charles Hugh Smith – Any nation-state that meets these four requirements is fully exposed to a global loss of faith in its economy, debt, a balance of payments and currency. There's an entire sub-industry in journalism devoted to the idea...

Matthew Kerkhoff's picture

By Matthew Kerkhoff – John Maynard Keynes once wrote what may be one of the most insightful observations on financial markets ever conceived: We have reached the third degree where we devote our intelligence to anticipating...

Robert Rapier's picture

By Robert Rapier – The first half of 2017 marked the worst first-half performance for crude oil since 1998. The price of West Texas Intermediate (WTI) and Brent crude both fell 14% in the first half of the year. Coal and natural gas also declined...

Chris Puplava's picture

By Chris Puplava – History books refer to the last economic slowdown we experienced, triggered by the 2007-2008 financial crisis, as the Great Recession. Its impacts were so severe—the worst global recession since the Great Depression...

Adrian Ash's picture

By Adrian Ash – Gold prices rose sharply for the third session running in London on Tuesday, gaining as world stock markets fell, commodities rose, and interest rates on major government bonds retreated to new lows for July.

Matthew Kerkhoff's picture

By Matthew Kerkhoff – According to the Organization for Economic Cooperation and Development (OECD), global growth in 2016 was the lowest since 2009. The good news? It’s on the rebound, with growth this year expected to reach 3.5%.

Adrian Ash's picture

By Adrian Ash – Spot gold prices jumped near 2-week highs at $1232 per ounce Friday lunchtime in London as weak US retail sales and inflation data saw the Dollar drop hard on the forex market. Consumer prices rose 1.6% in July from...

Kurt Kallaus's picture

By Kurt Kallaus – The wall of worry continues to propel stocks higher as this long plodding economic expansion is assumed to be in the later innings. With low-interest rates and slow growth, many are still waiting for the full-throated recovery to manifest.

Axel G Merk's picture

By Axel Merk – The Fed’s “balance sheet reduction” may have profound implications for the dollar, gold, stocks and bonds. We provide an outlook. It is said forecasts are difficult, especially when they relate to the future. Investors might want to pay...

Robert Rapier's picture

By Robert Rapier – Last month BP released its Statistical Review of World Energy 2017. Overall world primary energy consumption hit a new record, increasing by 171 million metric tons of oil equivalent (MTOE) from 2015 to 2016.