• 26 More Cases Of Heart Inflammation Linked To Pfizer Jab
    by Tyler Durden on November 26, 2021 at 10:30 pm

    26 More Cases Of Heart Inflammation Linked To Pfizer Jab Pfizer is already quietly scrambling Friday as the COVID "variant of the moment" raises new questions about the efficacy of its vaccine (while the latest "data" shows Merck may have oversold its mulnupiravir drug as a "miracle cure" for the virus), it appears 26 new cases of the rare side effect known as myocarditis have been reported during the week ending Nov. 21. There is also one new case of blood clots case linked to the AstraZeneca jab following receipt of the first dose. The new case increased the total Thrombosis […]

  • Why Has 675 Tonnes Of Physical Gold Suddenly Disappeared?
    by King World News on November 26, 2021 at 10:17 pm

    After a week of shenanigans in the paper gold market, why has 675 tonnes of gold suddenly disappeared? The post Why Has 675 Tonnes Of Physical Gold Suddenly Disappeared? appeared first on King World News.

  • The Pilgrims Did Socialism And Died Trying
    by Tyler Durden on November 26, 2021 at 10:00 pm

    The Pilgrims Did Socialism And Died Trying Authored by Michael Maharrey via SchiffGold.com, When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world. That’s socialism in a nutshell. The Pilgrims found this out the hard way during their first couple of years in North America. Socialism really does sound good on paper though, right? We’re all going to own everything together and take care of each other. “From each according to his ability, to […]

  • Vaccine Mandates Pressure Businesses, Stoke Division Amongst Employees, Executives Say
    by Tyler Durden on November 26, 2021 at 9:30 pm

    Vaccine Mandates Pressure Businesses, Stoke Division Amongst Employees, Executives Say As if you already didn't know, business owners are making it clear: President Biden's vaccine mandates are making it difficult to hire and are "stoking tensions" among workers. Employers with 100 or more workers now have to make sure employees are fully vaccinated, according to new federal rules outlined by the Wall Street Journal. Those without vaccination need to test negative for Covid-19 "at least weekly", the report says.  While the mandate continues to play out in the courts and OSHA […]

  • Joe Weisenthal Thinks Debasing The Dollar Is The Moral Thing To Do
    by Tyler Durden on November 26, 2021 at 9:00 pm

    Joe Weisenthal Thinks Debasing The Dollar Is The Moral Thing To Do Authored by Robert Murphy via The Mises Institute, Joe Weisenthal is an editor and host at Bloomberg who has recently been using his large Twitter platform to cast stones at the inflation hawks. In one recent thread, Weisenthal mocked the people worried about the falling purchasing power of the US dollar, and claimed in fact that it would be immoral for currency to maintain its value over time. As we’ll see, although Weisenthal’s thought experiment of a time traveler is a bit whimsical, it provides a good […]

  • China Launches "Combat Readiness" Drill Near Taiwan As US Delegation Arrives To Island For 2nd Time This Month
    by Tyler Durden on November 26, 2021 at 8:30 pm

    China Launches "Combat Readiness" Drill Near Taiwan As US Delegation Arrives To Island For 2nd Time This Month Five members of the US House of Representatives arrived in Taiwan Thursday night for a two-day high level visit with Taipei officials - the second such previously unannounced Congressional delegation to visit the island in less than a month.  China responded to the "surprise" visit by conducting "combat readiness" exercises in the direction of the Taiwan Strait on Friday. According to Chinese state sources, the People’s Liberation Army’s (PLA) Eastern Theatre […]

  • Professor Who Defended Pedophiles Announces Resignation
    by Tyler Durden on November 26, 2021 at 8:05 pm

    Professor Who Defended Pedophiles Announces Resignation By Zach Stieber of The Epoch Times A college professor in Virginia has announced plans to resign after defending pedophiles. Allyn Walker, a professor at Old Dominion University (ODU), wrote a book that referred to pedophiles as “minor-attracted people” and detailed their “pursuit of dignity.” Walker, who identifies as nonbinary, told the Protasia Foundation earlier this month that there are “a lot of misconceptions about attractions toward minors” and claimed that it’s not immoral to be attracted to […]

  • Will Investor Lawsuits Flood Bullion Banks?
    on November 26, 2021 at 8:02 pm

    Over the past several years, there have been several government charges of price manipulation filed against banks that trade precious metals on behalf of customers. Most of these lawsuits have been settled before trial, with banks paying fines to the U.S. and other governments. A few cases have been brought to trial, with some convictions obtained.

  • Gold Has Become an Investment and Fashion Choice for China's Younger Generation
    on November 26, 2021 at 7:59 pm

    Though times have changed, gold continues to be a safe haven for investment in China, particularly among the younger generation.

  • Amazon Shelling Out $3,000 Signing Bonuses, Chartering Ships, In Unprecedented Holiday Push
    by Tyler Durden on November 26, 2021 at 7:40 pm

    Amazon Shelling Out $3,000 Signing Bonuses, Chartering Ships, In Unprecedented Holiday Push Drastic measures are going to have to be taken this holiday season to make sure that inventory and online orders arrive on time. But don't worry, Amazon has a plan. Adobe is projecting this year that consumers will spend $207 billion online, a rise of 10% from last year, according to Bloomberg. This means that dodging supply chain and logistics issues is a must for retailers like Amazon.  Amazon is going to be chartering additional ships and has already hired 150,000 seasonal workers to […]

  • New York ER Closes As Employees Refuse To Comply With Vaccine Mandate
    by Tyler Durden on November 26, 2021 at 7:15 pm

    New York ER Closes As Employees Refuse To Comply With Vaccine Mandate Authored by Steve Watson via Summit News, An emergency room in a hospital in New York ceased operation as staff walked out, refusing to go along with the COVID vaccine mandate. A statement released by the Mount Sinai South Nassau hospital notes that workers were given an ultimatum to either get vaccinated or be banned from coming to work. A significant number of staff chose the latter, leading to the ER in Long Beach to shut down. A Long Island emergency room was forced to close due to a nursing […]

  • Red Friday’: Stocks Suffer Worst ‘Black Friday' Selloff In 70 Years
    on November 26, 2021 at 7:04 pm

    As Peter Schiff noted, "The Fed no longer has the ability to stimulate the economy by creating #inflation. Instead of QE and ZIRP making people wealthier by pushing up asset prices, it now makes them poorer by pushing up consumer prices instead. Monetary stimulus has become a sedative. It's game over!"

  • Deep Discounts Are Harder To Find This Black Friday Amid Snarled Supply Chains 
    by Tyler Durden on November 26, 2021 at 6:50 pm

    Deep Discounts Are Harder To Find This Black Friday Amid Snarled Supply Chains  Black Friday, the busiest in-store shopping day of the year, will not have those deep discounts consumers are used to this year. Companies suffer from snarled supply chains and rising costs that have crushed margins. This means companies aren't serving up deep discounts as they were pre-COVID. On top of this, households have depleted savings and negative real wage growth, though they continue to use credit cards.  So deal or no deal? We cited a report from Statista's Martin Armstrong that […]

  • The Metaverse Is A Scam: We're Being Herded Into The Matrix
    by Tyler Durden on November 26, 2021 at 6:25 pm

    The Metaverse Is A Scam: We're Being Herded Into The Matrix By Mark Jeftovic of Bombthrower.com, How do they get our souls? Soul traps. The lures are the lusts and hungers of this life. The [soul], exploring the newfound freedom of the energetic world, finds himself able to visit his friends and enemies, to see their innermost being and thoughts, even to converse with them in ways that their elemental selves cannot perceive. He is in danger, but he does not know it, for he has not ascended. He is still ensnared by his lust. Soon he will be shown something that perfectly […]

  • 'Red Friday' - Stocks Suffer Worst 'Black Friday' Selloff In 70 Years
    by Tyler Durden on November 26, 2021 at 6:02 pm

    'Red Friday' - Stocks Suffer Worst 'Black Friday' Selloff In 70 Years The Dow and S&P 500 suffered their worst 'Black Friday' selloff in 70 Years Arriving just in time to lower gas prices at the pump and dampen down the roaring inflationary impulse that could force The Fed's hawkish hand, COVID variant 'Omicron' strikes: The timing does seem a little convenient... pic.twitter.com/kVBo5vGeC6 — Stalingrad & Poorski (@Stalingrad_Poor) November 26, 2021 And between that and the generally low levels of liquidity on this half-day holiday, markets turmoiled […]

  • WHO Classifies "Omicron" As A "Variant Of Concern"; South Africa Lashes Out At Travel Restrictions
    by Tyler Durden on November 26, 2021 at 5:58 pm

    WHO Classifies "Omicron" As A "Variant Of Concern"; South Africa Lashes Out At Travel Restrictions Update (1255ET): And with minutes to go before the market close, the WHO has just confirmed that it has just confirmed the "Nu" variant, aka variant B.1.1.529, has just been declared a "variant of concern" to henceforth be known as "Omicron". It’s Omicron pic.twitter.com/d0TR4kWV4f — Meg Tirrell (@megtirrell) November 26, 2021 Here's more on what vax makers are saying, per CNBC. What vaccine makers are saying about B.1.1.529: -Moderna notes it's shown it can get into clinic […]

  • With VVIX In Full "Yikes" Mode, Negative Convexity "Accelerant Flows" Are Now In Play
    by Tyler Durden on November 26, 2021 at 5:48 pm

    With VVIX In Full "Yikes" Mode, Negative Convexity "Accelerant Flows" Are Now In Play The holiday-shortened trading day - or rather bloodbath - is almost over so time for a quick post-mortem from Nomura's Charlie McElligott who notes that the close the week with a hard “risk-off” on Nu Variant concerns laying into a super-illiquid post-holiday US market, which is hammering growth- and inflation- sensitives (Russell -4.4%, WTI Crude -10.7%, Copper -3.8%, 5Y Breakevens -13.3bps) and crypto (XBT -7.3%, ETH -9.7%) as a read on speculative sentiment, while front VIX fut is +8 vols […]

  • California Port Truckers "Drowning" In Supply Chain Inefficiencies
    by Tyler Durden on November 26, 2021 at 5:31 pm

    California Port Truckers "Drowning" In Supply Chain Inefficiencies By Clarissa Hawes of FreightWaves.com, Despite recent reports that congestion issues are easing on the water at California’s major ports, drayage truckers claim this isn’t the case for them — as long wait times, a flawed appointment system and other efficiency issues continue to plague marine terminal operators in the state. As Port of Oakland officials are urging ocean carriers to add direct services to their port to help relieve supply chain bottlenecks at the ports of Los Angeles and Long Beach, […]

  • Passengers On Last Flights Back To UK From South Africa Faced Few, If Any, Restrictions
    by Tyler Durden on November 26, 2021 at 5:20 pm

    Passengers On Last Flights Back To UK From South Africa Faced Few, If Any, Restrictions Late last night in the UK, Health Secretary Sajid Javid announced that flights from South Africa and several other neighboring nations would be suspended temporarily starting Friday. But as UK officials jump at the opportunity to feed the panic, perhaps as a reason to justify other new COVID related restrictions, the last passengers traveling back from South Africa to the UK have already spoken out, and they're saying that they faced no additional scrutiny during their trip back from South […]

  • Debt Deflation Looming?
    on November 26, 2021 at 5:16 pm

    If the junk bond market, and corporate debt in general, is deepening its already underperforming trend, it could be a sign that sentiment is deteriorating quite quickly now. That might be bad news for stock markets, and lead to credit downgrades and defaults. Corporates could be about to find out what debt deflation is all about.

  • Dow Slammed by 1,000 Points in Worst Drop of 2021 on Fears About New COVID Variant
    on November 26, 2021 at 5:14 pm

    U.S. stock futures dropped in early morning trading on Friday amid renewed Covid fears over a new variant found in South Africa.

  • We Don't Talk About Collapse To Revel In It, We Talk About Collapse to Prevent It
    on November 26, 2021 at 5:10 pm

    If one possible result of the current system is collapse, realizing the system itself must be changed isn't doom-and-gloom, it's problem-solving.

  • LA Firefighter Being "Investigated" For Literally Wiping His Ass With Vaccine Mandate Letter
    by Tyler Durden on November 26, 2021 at 4:59 pm

    LA Firefighter Being "Investigated" For Literally Wiping His Ass With Vaccine Mandate Letter Authored by Steve Watson via Summit News, A firefighter in LA has been placed on leave and is under investigation after he literally wiped his ass with a vaccine mandate notification letter. The Los Angeles Times reports “The LAFD member responded to receiving the non-compliance letter by dropping his pants and wiping his buttocks with the letter.” The report adds that the firefighter left “fecal matter on the document, before dropping it to the ground, according to the […]

  • Subway Future Uncertain After Death Of 90-Year-Old Co-Founder
    by Tyler Durden on November 26, 2021 at 4:42 pm

    Subway Future Uncertain After Death Of 90-Year-Old Co-Founder After recovering from a pedophile spokesman, a 'yoga mat' scandal and a fake tuna lawsuit, the future of Subway Restaurants is up in the air following the death of the fast-food giant's co-founder, Peter Buck. Peter Buck (AP) Buck - who became a billionaire after loaning Fred DeLuca $1,000 in 1965 to open a sandwich shop in Bridgeport, CT, died last week at the age of 90. As the New York Post notes, the sandwich chain had been in negotiations for a potential sale to Restaurant Brands International - the Brazil-based […]

  • Civil Unrest Rocks Solomon Islands As Rioters Torch Government Buildings 
    by Tyler Durden on November 26, 2021 at 4:40 pm

    Civil Unrest Rocks Solomon Islands As Rioters Torch Government Buildings  Social unrest rocked the capital of the Solomon Islands for the second day as anti-government demonstrators defied lockdown orders and burned government buildings.  A lockdown was declared Wednesday after more than 1,000 rioters gathered in Honiara, demanding the resignation of Prime Minister Manasseh Sogavare over foreign diplomatic issues. There was no word on what exactly sparked the outburst of violence and or why now.  Australia said it will deploy more than 100 police and military personnel to […]

  • Each Worker’s Slice of After-Inflation-Income Pie Is Shrinking
    on November 26, 2021 at 4:33 pm

    Adjusted for inflation, consumers’ personal income from all sources – from wages, interest, dividends, rental income, unemployment compensation, stimulus checks, Social Security benefits, etc. – so “real” personal income dipped by 0.2% in October from September to a seasonally adjusted annual rate of $17.7 trillion...

  • Is This A Real Crash? Keep An Eye On The VIX For The Answer
    by Tyler Durden on November 26, 2021 at 4:19 pm

    Is This A Real Crash? Keep An Eye On The VIX For The Answer It's pretty clear that markets are not having a good day today, and all else equal, it's likely they will only get worse for the simple fact that gamma is now broadly negative, and more put buying (and selling) will lead to more selling (and put buying). As our friends at SpotGamma note, for those looking at market support (and resistance), the main levels remain similar to that of Wednesday: support at 4600 and resistance at that 4650 area which is also the gamma flip point. The bulk of positive gamma is positioned up […]

  • 'Nu'-ked: Crude Crashes Below $70, Breaks Key Technical Support
    by Tyler Durden on November 26, 2021 at 4:10 pm

    'Nu'-ked: Crude Crashes Below $70, Breaks Key Technical Support The emergence of 'nu' has sparked demand anxiety in the crude complex and oil prices are collapsing. WTI is down 12% testing below a $70 handle, the lowest in almost months as the smell of liquidation is in the air.... That is the biggest single-day drop since the day WTI traded in negative territory and is near 3 month low, and has broken a key technical level - the 200DMA... Before today, Brent had only fallen 10% or more on a single day in 14 occasions since the futures contract was launched more than three […]

  • ALERT: Available Physical Gold Is Disappearing
    by King World News on November 26, 2021 at 4:00 pm

    It appears that the shenanigans in the paper gold market are having serious consequences in the real world. Translation: Available physical gold is disappearing. The post ALERT: Available Physical Gold Is Disappearing appeared first on King World News.

  • Rabobank: Really Black Friday
    by Tyler Durden on November 26, 2021 at 4:00 pm

    Rabobank: Really Black Friday By Michael Every of Rabobank Welcome to Black Friday, where the emphasis is sadly on the darker interpretation of that title. I wish I could be referring to the classic South Park trilogy about the zombie-like surge of US consumption the day entails, but five far more serious developments are underway.   #1. Key US banks scrambling to revise their rates views in the wake of the Fed’s minutes. One headline is the Fed now seen accelerating tapering to $30bn a month, ending it by mid-2022, and hiking in June, September, and December, then twice in […]

  • U.S. Inflation Is One of the Highest in the World
    on November 26, 2021 at 3:40 pm

    According to a study by Pew Research Center, in the third quarter of 2021, the country had the eighth-highest annual inflation rate among 46 countries that were examined. The U.S. also had the third-highest increase in inflation, 3.58 percentage points, between the third quarter of 2019 and the same period this year.

  • A Terrified Wall Street Reacts To The Nu Variant
    by Tyler Durden on November 26, 2021 at 3:40 pm

    A Terrified Wall Street Reacts To The Nu Variant "Black Friday" has quickly mutated into red Friday for markets, where panicking traders sell first and only ask questions later if at all. So for those who are too pressed for time to read out primer on the "Scared Nu World", but want to catch up to speed on consensus, here is a snapshot of analyst kneejrek reactions to the market's latest obsession. Citi - Andrew Baum Pfizer can make a new variant-specific jab within 100 days if we all still care about "Nu" three months from now. "In the event that vaccine-escape variant […]

  • 5 Senate Democrats Say 'Nyet' To Biden's Communist Treasury Nominee
    on November 26, 2021 at 3:29 pm

    It's hard to imagine President Joe Biden nominating a more dangerous candidate to run the Office of the Comptroller of the Currency than Cornell University Law School professor Saule Omarova.

  • Biden’s Economic Plans Collide With Inflation Reality: WSJ
    on November 26, 2021 at 3:22 pm

    The president is racing to show the public that he is taking action to address rising prices and bottlenecks amid mounting anxiety among some of his advisers about political fallout heading into next year’s midterm elections.

  • 5 Senate Democrats Say 'Nyet' To Biden's Communist Treasury Nominee
    by Tyler Durden on November 26, 2021 at 3:20 pm

    5 Senate Democrats Say 'Nyet' To Biden's Communist Treasury Nominee Submitted by Elizabeth Vaughn, It's hard to imagine President Joe Biden nominating a more dangerous candidate to run the Office of the Comptroller of the Currency than Cornell University Law School professor Saule Omarova. Even before a video emerged of the far left, Kazakh-born Omarova saying the fossil-fuel industry needed to go bankrupt to tackle climate change surfaced, most politicos thought she was a radical choice. Biden nominee Saule Omarova saying the quiet part out loud. On the oil, coal and gas […]

  • Wall Street’s Fear Gauge Surges as New Strain Hits Markets
    on November 26, 2021 at 3:15 pm

    Volatility traders are rushing to bet on turmoil in the U.S. stock market as fears over a new strain of the coronavirus look set to finally end weeks of tranquil trading.

  • High-Yield Bond Sales Soar to Record as Investors Have Few Other Places to Go: WSJ
    on November 26, 2021 at 3:14 pm

    U.S. companies have sold more than $455 billion of bonds with junk credit ratings this year, already beating 2020’s full-year record.

  • Turks Abandon the Lira for Dollars as Currency Crisis Deepens: WSJ
    on November 26, 2021 at 3:12 pm

    Riot police lined the streets in parts of Istanbul as the country braced for a third night of scattered protests over President Erdogan’s inability to stop a precipitous currency decline.

  • Turkish Anger Grows as Erdogan’s ‘Economic War' Hits Cost of Living: FT
    on November 26, 2021 at 3:10 pm

    Public patience with president’s policy wears thin as prices soar and ruling party MP suggests people should eat less...

  • Ukrainian President Says Imminent Russia-Backed Coup Plot Uncovered
    by Tyler Durden on November 26, 2021 at 2:59 pm

    Ukrainian President Says Imminent Russia-Backed Coup Plot Uncovered Ukraine has charged Russia with backing a newly uncovered coup attempt that was set for next week against President Volodymyr Zelensky. The Hill reports based on the Ukrainian presidency's office that "The individuals, which included Russians and Ukrainians, reportedly discussed their plans while mentioning Rinat Akhmetov, the richest man in the country, as a person that could help with the plot." Claiming to have audio recordings as proof, though offering no other evidence, Zelensky said at a press […]

  • Black Friday Bedlam Means Kiss The Taper Goodbye
    by Tyler Durden on November 26, 2021 at 2:40 pm

    Black Friday Bedlam Means Kiss The Taper Goodbye Submitted by QTR's Fringe Finance It’s semi-hilarious that when Covid first occurred at the beginning of 2020, I couldn’t get a single soul to listen to me when I warned that the market would eventually react negatively. Now, entire continents stop all travel, immediately consider lockdowns and markets sell off 2% every time a new variant makes its way into the news cycle.  Just hours after Goldman Sachs made the dumbass move of predicting a quicker than expected taper, index futures are getting destroyed on news of […]

  • Gold Jumps as New Virus Variant Fears Grip Investors
    on November 26, 2021 at 1:41 pm

    Gold gained on Friday as concerns about a hit to the global economic recovery, due to the spread of a new coronavirus variant identified in South Africa, drove investors to the safety of bullion. Spot gold jumped 0.9% to $1,805.26 per ounce. U.S. gold futures advanced 1.2% to $1,805.20.

  • Leverage on Leverage Is Big Danger for Investors and Their Lenders: Bloomberg
    on November 26, 2021 at 1:36 pm

    There’s already too much money chasing too few assets and yet even the most sober investors seem ready to add to the problem.

  • Bitcoin Retreats 20% From All-Time High as Risk Assets Slump
    on November 26, 2021 at 1:32 pm

    The world’s largest cryptocurrency fell as much as 8.9% to $53,624 on Friday during London trading hours. Ether, the second-largest digital currency, dropped more than 12%, while the wider Bloomberg Galaxy Crypto Index declined as much as 7.5%.

  • Fed Risks Running Behind the Curve on Interest Rates, Says Former New Zealand Central Bank Governor
    on November 26, 2021 at 1:31 pm

    Meeting minutes for the November session showed Fed members are prepared to raise interest rates sooner if prices keep rising.

  • Traders Unwind Rate-Hike Bets as New Covid Fears Spread
    on November 26, 2021 at 1:24 pm

    Money markets are offloading bets on central bank interest-rate hikes in a hurry, as inflation fears give way to concerns that a new coronavirus strain may spread globally and slow economic growth.

  • Future of ECB Stimulus Becomes Clearer Before December Meeting
    on November 26, 2021 at 1:23 pm

    The goal for policy makers will be to plot a path for post-crisis stimulus to ensure there’s sufficient support through the latest wave of infections, without risking too much inflation.

  • Brazil’s Inflation Nears 11% Despite Aggressive Rate Hikes
    on November 26, 2021 at 1:22 pm

    Brazil’s consumer prices rose past expectations in mid-November, adding to signs that inflationary pressures are now widespread despite the central bank’s aggressive interest rate hikes.

  • Argentina Tightens Exchange Controls to Curb Outflows of Dollars
    on November 26, 2021 at 1:18 pm

    Argentina’s central bank published two new measures Thursday intended to curb access to hard currency amid expectations for a devaluation.

  • China’s Property-Led Economic Slowdown Shows No Signs of Ending
    on November 26, 2021 at 1:13 pm

    China’s economy continued to slow in November with car and homes sales dropping again as the housing market crisis dragged on.

  • China Urges Local Governments to Spend More to Counter Slump
    on November 26, 2021 at 1:11 pm

    China’s State Council called on local governments to sell more special bonds this year in order to boost investment amid a slowdown in the economy.

  • BoE's Bailey Says Guidance Is Hazardous for Central Banks
    on November 26, 2021 at 1:08 pm

    Bank of England Governor Andrew Bailey said on Thursday that central banks took risks when they sought to provide guidance on what is likely to happen with interest rates during times of economic uncertainty.

  • Futures Tumble Amid Sudden Fears Over "Dramatically" New Covid Strain With "Extremely High Number" O
    on November 26, 2021 at 1:01 pm

    ...which expect several more trillion in shimmies, much more QE (to monetize the debt used to pay for the shimmies) and generally a rerun of the past 18 months only in a much more truncated timeline, which in turn will lead to a burst of inflation that will make the current soaring prices seems like Japan's deflationary debt trap.

  • Inflation Isn't Going Away. Here's How to Profit from It
    on November 25, 2021 at 4:41 pm

    Commodities such as gold, oil and agricultural products — considered real assets, or those you can see, touch and taste — have outshone the broader market by a wide margin during periods of high inflation in the 1970s, late 1980s and early 2000s. That could happen again.

  • The Scariest Inflation Chart You’ve Ever Seen
    on November 25, 2021 at 4:40 pm

    How fast can inflation turn into hyperinflation? Take a look at October 1923.

  • Inflation Woes Push Consumer Sentiment to Decade Low
    on November 25, 2021 at 4:38 pm

    U.S. consumer sentiment plunged to a decade low in November, according to a University of Michigan survey, which blamed inflation and a growing sense among Americans that no effective policies have been put in place to rein in surging prices.

  • As Many As 42 Million People in the US Could Be Facing Food Insecurity in 2021
    on November 25, 2021 at 4:37 pm

    Food banks call for volunteer help amid rising costs, high demand...

  • Let's Take a Look at the Fed Wishy-Washy Taper Drivel of the Day
    on November 25, 2021 at 4:25 pm

    The minutes of the last Fed FOMC meeting are out. Let's take a look.

  • Asset Backed Security Debt Sales Hit New Record At Fastest Pace
    on November 25, 2021 at 4:25 pm

    Remember 2008? Bankers are repackaging everything from fast food franchises to fitness-center fees into bonds at the fastest clip since the global financial crisis. This year’s sales of U.S. asset-backed securities have already surpassed $300 billion, and more is expected by year-end.

  • German Central Bank Warns of Overblown Property Prices with the Problem Spreading
    on November 25, 2021 at 4:24 pm

    Germany's central bank warned Thursday about overvaluation in the housing market, calling it a "specific vulnerability."

  • Obama-Era ‘Shellacking’ Looms Unless the Fed Wakes Up to Inflation: El-Erian
    on November 25, 2021 at 1:58 pm

    Looking at the prospects for the economy and markets in the run-up to the November 2022 midterm US elections, I have an unsettling feeling that I may end up watching the repeat of a script from just over a decade ago. A transformational agenda for the US economy is again at risk, as questions also mount for financial markets.

  • Turkey in Danger of 'Inflationary Doom Loop' as Erdogan Defies Laws of Economics
    on November 25, 2021 at 1:56 pm

    The currency has fallen by more than 40% this year against the US dollar and, following an 11% fall on Tuesday alone, now sits at close to a record low against the greenback.

  • The Mexican Economy Suffers from Unleashed Inflation and the Peso in Low Hours
    on November 25, 2021 at 1:54 pm

    The increase in the interannual inflation rate in Mexico, of which today it was learned that in the first half of November it reached 7.05% and its highest level in 20 years, the situation of the Mexican economy worsens, also affected by the depreciation of the peso and by the unexpected changes in the succession of Banco de México.

  • Argentine Bonds Sink to 'Default Levels' as Political Risk Rises
    on November 25, 2021 at 1:46 pm

    Argentine bonds are plumbing back into default territory as political risk has risen and while talks have dragged with the International Monetary Fund to revamp some $45 billion in debts the grains producing country cannot pay.

  • South Florida and New York See Apartment Rents Surge More Than 30%: Bloomberg
    on November 25, 2021 at 1:44 pm

    In Miami, West Palm Beach and Fort Lauderdale, rents jumped 36% in October from a year earlier, while the New York City metro area -- including Westchester County and parts of northern New Jersey -- posted a 31% gain, according to a report by Redfin Corp.

  • Fed Officials Entering ‘New Era’ on Overheating, Summers Says
    on November 25, 2021 at 1:32 pm

    Former U.S. Treasury Secretary Lawrence Summers said that Federal Reserve policy makers are signaling a “new era” in which they recognize the U.S. economy is overheating as inflation runs at its fastest in three decades.

  • Fed to Kick Off Faster Tapering Plan from January: Goldman Sachs
    on November 25, 2021 at 1:25 pm

    The U.S. Federal Reserve will likely double the pace of tapering its monthly bond purchases from January to $30 billion, and wind down its pandemic-era bond buying scheme by mid-March, Goldman Sachs strategists said in a daily note on Thursday. “The increased openness to accelerating the taper pace likely reflects...

  • Oil Prices Are Headed for $100 Despite U.S. Efforts to Release Reserves, Analyst Says
    on November 25, 2021 at 1:16 pm

    “It is a clear sign of desperation that this is the only tool in the box and it is not going to work. I do believe the market will call the U.S.’s bluff on this and we’re likely to see higher prices rather than lower prices one month from now,” Schork said.

  • BoJo Beats Biden To The Bottom In (Dis)Approval Battle
    on November 25, 2021 at 1:13 pm

    You know it's bad when... your approval rating is worse than Joe Biden's. As the American President's approval rating has plunged to just 41.3% - the largest drop of any president since WWII, UK Prime Minister Boris Johnson is facing up to the fact that just 29% of Brits think he is do9ing a good job.

  • CAUTION: Wow, Look At What Just Collapsed!
    by King World News on November 24, 2021 at 9:31 pm

    Look at what just collapsed! The post CAUTION: Wow, Look At What Just Collapsed! appeared first on King World News.

  • Tiny Gold Book Found in English Field May Have Ties to Richard III in the 15th-Century
    on November 24, 2021 at 9:15 pm

    Experts say the 15th-century artifact bears striking similarities to the Middleham Jewel, a gold pendant found near the king's childhood home in 1985

  • 11-Year-Old Finds ‘Holy Jerusalem’ Silver Coin From the First Century Likely Minted in the Temple
    on November 24, 2021 at 9:12 pm

    A rare silver coin from the first century was found by an 11-year-old girl volunteering in an archaeological project, the Antiquities Authority (IAA) announced on Tuesday. The coin was likely minted by a priest who joined the Jewish rebels against the Romans, which would make it one of the very few remains coming directly from the Temple.

  • Gold to Surge Higher Above the $2,072 High: Commerzbank
    on November 24, 2021 at 9:08 pm

    “Gold is in a long term bull move, and will remain so while above $1,677 the 2021 low.” “The long term target is the $2,052/72 2020 high.” “Risks are for an upside break, which if seen (favored) will target $2,300/01 and ultimately inter-year $2,676/$2,686.”

  • Gold Rush Draws Hundreds of Dredging Rafts to Amazon Tributary
    on November 24, 2021 at 9:06 pm

    Hundreds of dredging rafts operated by illegal miners have gathered in a gold rush on the Madeira River, a major tributary of the Amazon, floating hundreds of miles as state and federal authorities dispute who is responsible for stopping them.

  • Fed Report Flags Banking Vulnerabilities by Massive $10 Billion Default by Archegos Capital: MW
    on November 24, 2021 at 8:28 pm

    The Fed's Supervision and Regulation Report found 'weak practices' at firms with material exposure to the $10 billion default of Archegos Capital Management.

  • The Fed Is "Very Much Behind the Curve' on Inflation: Wharton's Siegel
    on November 24, 2021 at 8:24 pm

    The Federal Reserve must speed up its fight against inflation, says Jeremy Siegel, renowned finance professor at the University of Pennsylvania’s Wharton School. The Fed now plans to finish tapering its bond purchases around the middle of next year, and some economists expect rate hikes shortly thereafter.

  • When Risk and Opportunity Become Personal
    on November 24, 2021 at 8:17 pm

    The opportunity to lower our exposure to risk is always present in some fashion, but embracing this opportunity becomes critical when precarity and change-points rise like restless seas.

  • FOMC Minutes Show The Fed Fears Stagflation, Suggest Taper Pace Could Accelerate
    on November 24, 2021 at 8:12 pm

    FOMC Minutes Summary: Inflation just doesn't seem to be dissipating even as the labor markets heal at a rapid rate. This had led some participants said faster taper could be warranted. There was also recognition that the labor force participation rate could be "structurally lower."

  • How Bad are Inflation Models, Expectations, and Forecasts vs Reality?
    on November 24, 2021 at 7:00 pm

    "Inflation models are worse than useless. They make central banks complacent."

  • New Home Sales Data Suffers Huge Downward Revisions, Inventories Hit 13-Year-High
    on November 24, 2021 at 5:06 pm

    New home sale rose 0.4% MoM (better than the expected unchanged print), but this hid the dramatic downward revisions of prior data (September's +14.1% MoM spike smacked down to +7.1% MoM). New home sales remain down over 23% YoY...

  • UMich Sentiment Holds At 10-Year Lows, Inflation Expectations At 13 Year High
    on November 24, 2021 at 4:52 pm

    After plunging to decade-lows in preliminary data, analysts expected practically no bounce at all for the final November print of University Of Michigan's Sentiment survey, but in fact the data did bounce a little.

  • Absolute Distortion Continues—From Gold Manipulation to DC’s Latest Lies
    by King World News on November 24, 2021 at 4:38 pm

    On the heels of the recent takedown in the gold and silver markets, as rational people marvel at the irrational trading in major markets, the absolute distortion continues--from gold manipulation to DC's latest lies. The post Absolute Distortion Continues—From Gold Manipulation to DC’s Latest Lies appeared first on King World News.

  • The Government Created Inflation... and Has No Idea How to Fix It
    on November 24, 2021 at 3:59 pm

    The Fed, which has printed over $4 TRILLION to prop up the financial system can’t print new workers keen to return to work. Keeping interest rates at zero doesn’t make oil prices come down. And spending $120 billion on QE per month doesn’t result in cargo ships being unloaded and life returning to normal.

  • Inflation Is at a 30-Year High. Biden's Big Economy Speech Barely Mentioned It
    on November 24, 2021 at 3:51 pm

    The president should be more worried about inflation, and government responsibility for it, than he's acting.

  • Peeling The Economic Onion Will Bring On The Tears
    on November 24, 2021 at 3:30 pm

    For decades China exported deflation as it gladly traded cheap goods for jobs. That has come to an end, no longer is China's labor market the cheapest in the world. This is now beginning to show up in the cost China charges those buying its products.

  • Q3 GDP Revised Slightly Higher But Still Misses Expectations
    on November 24, 2021 at 2:55 pm

    After the preliminary read of Q3 GDP disappointed bigly last month, when it came in at just 2.0%, missing expectations by a mile, moments ago the BEA disappointed data watchers (or what's left of them today) again when it reported that its first revision of Q3 GDP data was 2.1%, below the 2.2% expected, if slightly better than the 2.0% initial estimate.

  • US Durable Goods Orders Unexpectedly Suffer First Back-To-Back Drop Since April 2020
    on November 24, 2021 at 2:54 pm

    After disappointingly dropping 0.3% MoM in September, analysts expected Durable Goods Orders to rebound in preliminary October data. They were wrong.

  • As U.S. Inflation Hits 31-Year High, Banks Assess Risks and Opportunities
    on November 24, 2021 at 2:06 pm

    Wall Street banks are planning for a sustained period of higher inflation, running internal health checks, monitoring whether clients in exposed sectors could pay back loans, devising hedging strategies and counseling caution when it comes to deals.

  • The Number Of Americans Filing For First-Time Jobless Benefits Was The Lowest Since 1969 Last Week
    on November 24, 2021 at 1:43 pm

    After unexpectedly jumping by over 600,000 the prior week, back above 3.1 million, the total number of Americans on some form of government dole fell back below 3 million last week...

  • Central Banks Have 'King Canute' Theory of Inflation, Says Former Governor
    on November 24, 2021 at 1:39 pm

    King said there had been a decade of sluggish economic growth despite the largest monetary stimulus the world had ever seen and it was “surely time to recognise that many if not most economic problems are not amenable to monetary policy solutions”.

  • ECB Union Seeks Bigger Pay Hike in Face of Inflation
    on November 24, 2021 at 1:33 pm

    The union is calling for wages to be indexed to inflation. As the European Central Bank is getting more heat for refusing to hike interest rates despite rising inflation, its staff is seeking another solution: It wants higher pay.

  • China Warned to Brace for US Stimulus Tapering, Rate Increases with Powell to Remain as Fed Chair
    on November 24, 2021 at 1:24 pm

    Jerome Powell's nomination for a second term as chair of the US Federal Reserve has fuelled market expectations of faster-than-expected stimulus tapering and earlier than expected interest rate increases, triggering calls for China to make early preparations for the United States normalising its monetary policy.

  • Surging Inflation Is Forcing Big Investors to Recalibrate Their Strategies
    on November 24, 2021 at 1:21 pm

    The surge in U.S. inflation is sending some of the biggest names on Wall Street into rethink mode, forcing them to recalibrate strategies that depended on bonds as a shock absorber against equity downturns.

  • Warren Questions U.S. Gas Producers on Exports Ahead of Winter
    on November 24, 2021 at 1:19 pm

    In a statement Tuesday, Warren accused ConocoPhillips, EQT Corp., Exxon Mobil Corp. and eight other natural gas producers of raising prices, reaping record profits and “gaming the system” by keeping production low and raising exports, instead of ensuring that there’s enough domestic supply.

  • Stock Market News Live Updates: Stock Futures Fall Ahead of Inflation Data
    on November 24, 2021 at 1:17 pm

    Stock futures dipped Wednesday morning, holding lower following an extended rout in technology stocks, as investors anxiously awaited a packed slate of economic data results before a holiday market closure. Contracts on each of the S&P 500, Dow and Nasdaq pointed to lower opens.

  • Food Inflation Is the 2022 Crisis, Not Supply Chains
    on November 24, 2021 at 1:16 pm

    The real trouble will start when this year’s energy crisis morphs into next year’s food inflation problem.

  • The Rules Of Investing Are Changing: Prioritize Income Over Potential Gains | Adam Taggart
    on November 24, 2021 at 2:32 am

    Spiking inflation is pinching household budgets by raising the cost of living. It threatens to put an end to rising stock prices, too.

  • Things To Keep An Eye On
    by King World News on November 23, 2021 at 9:53 pm

    After we move through the middle of the trading week, here are some things to keep an eye on... The post Things To Keep An Eye On appeared first on King World News.

  • Latest Treasury, Fed And BIS Reports Confirm: All Twisted Paths Lead To Gold
    on November 23, 2021 at 9:06 pm

    As global currencies fall deeper toward the ocean floor in a sea of excess liquidity, gold, like an historically faithful cork, makes its way to the surface to get the final word. In short: It’s not that gold is getting stronger, it’s just that the currency in your wallet, bank and portfolio is getting weaker.

  • Silver Demand to Exceed a Billion Ounces for the First Time Since 2015
    on November 23, 2021 at 8:56 pm

    The Silver Institute believes the impetus for investors wanting to stockpile silver will continue, predicting that global silver demand will rise to 1.029 billion ounces this year, up 15% from 2020 and exceeding a billion ounces for the first time since 2015.

  • Record Thanksgiving Costs, What Comes Next?
    on November 23, 2021 at 8:43 pm

    Inflation has most definitely arrived, and 2021 will see record costs for a Thanksgiving dinner. Where will central bank inflation show up next? Should we just do as the Fed suggests and start eating soy? Most importantly, how can we protect ourselves from these Turkeys? Join Mike Maloney and Adam Taggart as they analyze the latest news from Turkey, Poland and the USA.

  • "Going Cashless" Isn't as Easy as It Seems
    on November 23, 2021 at 8:07 pm

    Many economic commentators are in favor of phasing out cash. They are of the view that cash provides support to the shadow economy and permits tax evasion. It is also held that in times of economic shocks that push the economy into a recession the rising demand for cash exacerbates the downturn...

  • The Dangers of CBDCs, According to The World Economic Forum
    on November 23, 2021 at 8:05 pm

    Although CBDC deployment seems imminent across some major central banks, the Federal Reserve’s progress on a digital dollar is still lagging behind both the digital euro and digital yuan. China has gone the furthest with its digital currency, e-CNY, looking to deploy it even more widely before the 2022 Beijing Winter Olympics.

  • Bankers Want Crypto Rules. They May Be Coming: Barron's
    on November 23, 2021 at 7:59 pm

    The Federal Reserve and other agencies have issued a blueprint for crypto-regulations. Here's what's in store.

  • Will Senate Republicans Endorse Biden-Powell Inflation?
    on November 23, 2021 at 7:34 pm

    For months the battle over the Federal Reserve has been playing out within the financial press. On one side, the Warren wing of the Democrat Party trying to make institutional gains within the central bank. On the other, allies of Janet Yellen have promoted Jerome Powell as a fellow traveler. Today, Joe Biden was finally...

  • Live: President Biden Speaks on the U.S. Economy and Combating Inflation
    on November 23, 2021 at 7:23 pm

    President Joe Biden on Tuesday ordered 50 million barrels of oil released from America's strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including India, the United Kingdom and China.

  • Dollar Tree Hikes Prices 25%. Most Items Will Cost $1.25
    on November 23, 2021 at 7:14 pm

    The company — one of America's last remaining true dollar stores — said Tuesday it will raise prices from $1 to $1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the pressures low-cost retailers face holding down prices during a period of rising inflation.

  • The Fed Must Think Creatively Again: Stephen S. Roach
    on November 23, 2021 at 4:53 pm

    Supposedly transitory one-off price adjustments in the United States have become pervasive, and a major inflation shock is now at hand. But despite the flashing warning signs, the Federal Reserve remains wedded to a monetary policy strategy born of the low-inflation past

  • GOLD & SILVER SELLOFF CONTINUES: Michael Oliver – Here Is The Gold Number To Avoid, Plus Much More…
    by King World News on November 23, 2021 at 4:49 pm

    On the heels of the continued selloff in the gold and silver markets, Michael Oliver says this is the gold number to avoid, plus much more. The post GOLD & SILVER SELLOFF CONTINUES: Michael Oliver – Here Is The Gold Number To Avoid, Plus Much More… appeared first on King World News.

  • David Rosenberg Sees a Disinflationary Market Environment: Gold Will Be a Very Good Place to Be
    on November 23, 2021 at 4:36 pm

    If you’re looking for a hard asset that is unloved and underowned, gold and gold mining stocks will be a very good place to be. f I’m right with my forecast and the dollar depreciates next year and real interest rates stay negative, this will be a very important tailwind for gold.

  • The 3-Year to 30-Year Bond Spread Flattened Over 50 Basis Points Since October
    on November 23, 2021 at 3:39 pm

    By next June when the Fed is finally done tapering and allegedly ready to hike rates, the yield curve may be hugely inverted and signaling recession.

  • The Central Bank Quandary: Inflation Vs Recovery
    on November 23, 2021 at 3:37 pm

    There is an alternative. Avoid financial assets. Think about real assets… Gold, Property, etc… Buy assets linked to the real world.

  • "Rounding Error" - Oil Prices Surge As Biden SPR Release Backfires
    on November 23, 2021 at 2:55 pm

    The much anticipated - and much poo-poo'd - release from global reserves (of 50 million barrels) was announced this morning as the Biden administration desperately tries to stop the freefall in its approval ratings.

  • Inflation Is Raging Everywhere, But It’s Worst in Latin America
    on November 23, 2021 at 2:46 pm

    (Price surges are busting through policy makers’ targets in all the region’s major economies, with annual inflation prints this month of 6% in Chile, 6.2% in Mexico, 10.7% in Brazil and a whopping 52% in Argentina. Major Wall Street banks are forecasting average cost-of-living increases across Latin America will end the year above 10%, the highest globally, and predict pressure on consumer prices will extend well into 2022.

  • $250 Billion Fund CIO Warns Inflation Is The Path Of Least Resistance
    on November 23, 2021 at 1:54 pm

    Absent vociferous support from elected officialdom, how could the Fed be expected to “whip inflation now?” Alas, the path of least resistance is for monetary policy to stay behind the curve until inflation becomes Public Enemy No. 1.

  • BofA Remains Bullish On Gold
    on November 23, 2021 at 1:46 pm

    BofA Securities took a look at two mining companies' stock, noting it will be difficult to sustain 10-Year Treasuries above 2.5% and with gold markets “refocusing from tighter monetary policy on limits to interest rate increases, the yellow metal should rally."

  • Gold Dips Below $1,800 as Dollar, Yields Firm on Rate Hike Bets
    on November 23, 2021 at 1:39 pm

    Gold’s fall was a ‘knee-jerk’ reaction to the dollar, said Stephen Innes, managing partner at SPI Asset Management. Strength in the U.S. currency dims the metal’s appeal for overseas buyers.

  • Dollar Surges to Four-Year High
    on November 23, 2021 at 1:37 pm

    The dollar surged past a key level against the yen for the first time since 2017, as the renomination of Jerome Powell as Federal Reserve chair fueled bets that the U.S. might tighten policy more quickly.

  • U.S. to Release Oil from Reserves in Coordination with Other Countries to Lower Gas Prices
    on November 23, 2021 at 1:36 pm

    The U.S. will release 50 millions barrels of oil from the Strategic Petroleum Reserve in an effort to combat climbing gas prices.

  • A War with Russia or China Would Risk Escalating into World War III
    on November 23, 2021 at 1:22 pm

    So what would the U.S. do if it were losing a major war with Russia or China? U.S. nuclear weapons policy has always kept a "first strike" option open in case of precisely this scenario.

  • Biden Weighs Sending U.S. Military Advisers to Ukraine
    on November 23, 2021 at 1:18 pm

    The U.S. was also looking into providing more weapons to Ukraine’s armed forces, including anti-aircraft stinger missiles. CNN added that some of the equipment, including helicopters, was originally intended to be deployed in Afghanistan.

  • Turkish Lira in Freewill as Erdogan Vows Victory in ‘Economic War’: "It's like a Horror Film"
    on November 23, 2021 at 1:12 pm

    The currency, which is down almost 40 per cent against the dollar this year, plunged as much as 8.8 per cent and broke through the symbolic threshold of 12 to the dollar after Erdogan used a combative speech to expound his vision for the country’s economy.

  • Five Challenges Powell Could Face in His Next Term as Fed Chair
    on November 23, 2021 at 1:09 pm

    U.S. President Joe Biden's decision to reappoint Federal Reserve Chair Jerome Powell arrives at a critical juncture for the central bank.

  • Goldman: Another Fiscal Package Next Year Appears Likely
    on November 23, 2021 at 1:06 pm

    This looming deflationary threat is also why anyone who really thinks the Fed will hike rates not once but twice in 2022 - an election year - may want to consider taking it easy on the booze and/or hard drugs.

  • Fed Picks Leave Open Questions on How Central Bank Will Regulate Wall Street: WSJ
    on November 23, 2021 at 12:58 pm

    President Biden’s decision to reappoint Jerome Powell and elevate governor Lael Brainard signals continuity on monetary policy but leaves open questions on the direction the central bank will take in regulating Wall Street.

  • Powell & Brained Suddenly Make Inflation #1 Priority in their Thank-You Statements: Wolfstreet
    on November 23, 2021 at 12:55 pm

    Looks like the start of a U-Turn on inflation. 2-year & 10-year yields jump.

  • Fed Atlanta President Bostic Says Faster Taper Would Give Option for Earlier Hikes
    on November 23, 2021 at 12:50 pm

    Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank may need to speed up its removal of monetary stimulus in response to strong employment gains and surging inflation, allowing for an earlier-than-planned increase in interest rates.

  • 'Continuity' Means Both Biden and Powell Own Inflation Response
    on November 23, 2021 at 12:45 pm

    However, amid elevated inflation that’s making the public increasingly unhappy and sandbagging Biden’s approval ratings, what happens next will inevitably be a reflection on both men and their legacies.

  • TODAY’S GOLD & SILVER TAKEDOWN: Ignore Volatility, Silver Headed To At Least $370, Plus More On Gold & Silver
    by King World News on November 22, 2021 at 9:20 pm

    On the heels of a brutal takedown in the gold and silver markets, always remember to take a step back and look at the big picture as silver is headed to at least $370, plus more on gold and silver. The post TODAY’S GOLD & SILVER TAKEDOWN: Ignore Volatility, Silver Headed To At Least $370, Plus More On Gold & Silver appeared first on King World News.

  • Dismissing Gold In The Past Led To Some Hard Lessons
    on November 22, 2021 at 9:04 pm

    Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.” In it, the author Kenneth Gooding claimed that as an investment, “gold is a goner.” The crises of the past 10 years—the 1987 stock market crash, the Gulf War, Asia’s financial meltdown—had not resulted in higher demand, as...

  • Gold Slides over 2% as Dollar Firms After Powell's Renomination
    on November 22, 2021 at 9:03 pm

    Gold prices fell more than 2% on Monday as the dollar jumped after Federal Reserve Chair Jerome Powell was nominated for a second term, driving expectations that the central bank may stay the course on tapering economic support.

  • How QE Destroyed Price Discovery And The Free Float Of Government Debt
    on November 22, 2021 at 8:53 pm

    There is a simple reason why we have been getting increasingly more frequent headlines such as these in recent years: Not a Single Japanese 10-Year Bond Traded Tuesday, How BOJ Crushed Trading in Japan's $10 Trillion Bond Market, Trading in Japanese government bonds is drying up. Does that matter? That...

  • $45 Gold Plunge Caused By Entity Dumping $1.25 Billion Of Gold Futures…Twice
    by King World News on November 22, 2021 at 6:18 pm

    Today an entity dumped $1.25 billion worth of gold futures twice which prompted a $45 plunge in the price of gold. The post $45 Gold Plunge Caused By Entity Dumping $1.25 Billion Of Gold Futures…Twice appeared first on King World News.

  • Top Money Manager Just Warned People To Expect More Chaos Before New Global Monetary System Is Introduced
    by King World News on November 21, 2021 at 9:16 pm

    Today one of the top money managers in the world warned people to expect more chaos before the new global monetary system is introduced. The post Top Money Manager Just Warned People To Expect More Chaos Before New Global Monetary System Is Introduced appeared first on King World News.

  • Egon von Greyerz – I Like This Trading Action In The Gold Market
    by King World News on November 20, 2021 at 5:33 am

    The man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that this trading action in the gold market as well as discussing what investors should expect to see for the rest of this year and 2022. The post Egon von Greyerz – I Like This Trading Action In The Gold Market appeared first on King World News.

  • GOLDREVIEW WILL RELAUNCH IN Q4
    by goldseek on August 16, 2020 at 2:07 pm
  • GoldSeek.com Celebrates 25 Year Anniversary, Launches New Website
    by goldseek on August 3, 2020 at 2:24 pm

    (Denver, Colorado – August 1, 2020) Today marks the 25th year anniversary for GoldSeek.com, a leading gold news and financial information website established in 1995. The GoldSeek website is ranked as one of the most visited gold websites in the world. On this 25-Year Anniversary, GoldSeek.com is also pleased to announce that the new website is live. Peter

  • Gold retreats more than 1% as dollar halts slide
    by goldseek on July 30, 2020 at 12:18 pm
  • GoldSeek.com to Launch New Website
    by goldseek on July 30, 2020 at 11:44 am
  • China’s monetary policy to be more flexible and targeted: politburo
    by goldseek on July 30, 2020 at 10:33 am
  • India Considers Amnesty for Citizens Hoarding Gold Illegally
    by goldseek on July 30, 2020 at 10:13 am
  • Fed holds rates steady, says economic growth is ‘well below’ pre-pandemic level
    by goldseek on July 30, 2020 at 9:19 am
  • German economy plunged 10% during second quarter amid pandemic
    by goldseek on July 30, 2020 at 7:18 am
  • Gold Mining Stocks Face ‘Fat Pitch’ Opportunity as Earnings Loom
    by goldseek on July 29, 2020 at 9:51 pm
  • Fed holds rates steady, says economic growth is ‘well below’ pre-pandemic level
    by goldseek on July 29, 2020 at 6:04 pm
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