Former Senator Alan Simpson recently spoke with Financial Sense Newshour to give an “inside look” at Washington politics and the difficulty of implementing entitlement and tax reform. With U.S. debt levels steadily climbing, Simpson notes that eventually "debt is the money of slaves."
Rapid technological advancements can make previously uneconomic resources and/or feedstock available within significantly reduced timeframes. This can and will further transform the global energy landscape and moreover...
Nobody really believes the official narrative that the "recovery" is powering the remarkable strength of U.S. stocks, bonds and real estate. The real Main Street economy is quite obviously struggling, outside the energy and Federal government sectors, and so...
This Great Graphic comes from New York Federal Reserve via a tweet from NickatFP. On a quarterly basis, going back to the start of 2003, it shows the dollar level as well as the composition of U.S. household debt.
The Death of Money, Jim Rickards’ second book, has met with widespread acclaim. In it, Jim refines and develops multiple topics raised in his first book, Currency Wars, as well as adding some intriguing new material regarding the role of intelligence agencies in international financial and monetary affairs.
Dan Wantrobski at Janney Capital Markets says the long-term correlation between stocks, interest rates, and commodities shows we are now in a secular bull market for stocks. Is this possible given current valuation levels?
If you read most media reports on People's Bank of China's latest monetary policy direction, it would seem that the central bank has only been focused on some targeted stimulus initiatives.