Another Credit Crisis Could Be Just Around the Corner

Another Credit Crisis Could Be Just Around the Corner

So it makes more sense to worry about the return of capital, instead of the return on capital. Most people like to make small talk at the kitchen table. Not legendary bond investor Bill Gross. Instead, he prefers to regale his children and grandchildren with parables about the pitfalls of financial leverage, and his suspicions about fractional-reserve lending, the expansionary system of credit creation that has powered global economic growth for much of the past…

ETF Buyers Return to Precious Metals Amid Trump Policy Angst

ETF Buyers Return to Precious Metals Amid Trump Policy Angst

$1.6 billion pour into 10 precious metal-backed ETFs Biggest gold miner ETF attracts more money as metal rebounds Add the flap over U.S. immigration policy to investor concerns that are reigniting demand for precious metals as havens. Long-only exchange-traded funds backed by precious metals have attracted about $200 million this month, on course for the first monthly inflow since October, data compiled by Bloomberg Intelligence showed. Almost $1.6 billion poured into the 10 precious metals…

Market Indicators Point to Recession In 2017

Market Indicators Point to Recession In 2017

2017 is primed to be the year of the second coming of the Great Recession. In this past year, we’ve seen a number of back-to-back economic red-flags, including some eerie marketplace déjà vu. That is, market trends today are nearly identical to their ’07–’08 counterparts. Economists are in agreement, and there’s no denying the evidence: we’re on the brink of the next recession and this one is going to be devastating.

Why Deutsche Bank’s Troubles Should Worry Us

Why Deutsche Bank’s Troubles Should Worry Us

Deutsche Bank is in trouble — and that’s bad news for all of us. Deutsche Bank is Germany’s biggest bank, with more than 100,000 employees around the world and operations in more than 70 countries. Its assets total about $1.7 trillion. One worrying sign of the bank’s distress is that its stock is trading now at about $14 a share, roughly half the peak (almost $29) in the past year and much lower than the…

Inner FBI Turmoil Over How To Handle Hillary’s Emails

Inner FBI Turmoil Over How To Handle Hillary’s Emails

The FBI has reason to believe that thousands of the 650,000 emails found on a laptop used by Huma Abedin could have been sent to or from the private server that Mrs. Clinton used while she was secretary of state. The rekindling of the investigation so close to Election Day may cost Hillary what has been informally regarded for weeks now as her guaranteed win. Huma Abedin has a long track record as one of…

Making the Case for $12,000 gold & $360 silver

Making the Case for $12,000 gold & $360 silver

Global Financial Assets are more inflated and propped up than ever. According to the most recent figures published by The City UK Fund Report, total Global Conventional Assets under management topped $105 trillion in 2014. That’s one hell of a lot of future PAPER CLAIMS. Unfortunately for most investors, the majority of these supposed assets will evaporate into thin air from where-ith they came. Bubbles were designed for children to make and play with… not meant for adults…

Gold Prices Climb Up as Fed Rate Hike Expectations Recede on Soft Global Economic Data

Gold Prices Climb Up as Fed Rate Hike Expectations Recede on Soft Global Economic Data

Gold prices edged higher to $1,340 per ounce on Monday morning in London following weaker-than-expected data for the U.S., China and Japan, the world’s three largest economies while global stocks stayed near 1-year highs, writes Steffen Grosshauser at BullionVault. U.S. retail sales were down 0.3% showing a moderation in consumer spending which some market observers believe could lead to a slower economic growth in the third quarter of 2016. The data released on Friday also…

‘Sell everything,’ DoubleLine’s Gundlach says

‘Sell everything,’ DoubleLine’s Gundlach says

Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Friday that many asset classes look frothy and his firm continues to hold gold, a traditional safe-haven, along with gold miner stocks. Noting the recent run-up in the benchmark Standard & Poor’s 500 index while economic growth remains weak and corporate earnings are stagnant, Gundlach said stock investors have entered a world of uber complacency.