The major obstacle to the adoption of any new currency is consumers wondering what they can buy with it. It was no different with Bitcoin once the cryptocurrency began to rise in popularity. While some online retailers have accepted Bitcoin as a payment for years, and Bitcoin point of sale systems have been around for […]
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Only a few years ago it seemed that gun rights were in the ascendant, with people of all political persuasions understanding the vital role that firearms ownership plays in protecting a free society. Now with President Trump in office it seems that things have flipped 180 degrees. Gun owners are on the defensive, Democrats are […]
Continue ReadingUnfortunately, a political and market perfect storm is now on the way and may strike as early as Halloween 2019, marking a new “Halloween storm.” Get ready. I cannot imagine a better setup for catastrophe. No one ever sees disaster coming. That’s the point. Once again all indicators are pointing to a market collapse towards […]
Continue ReadingBut they’ve got a couple of grim worst-case scenarios. One envisages the US economy slowing sharply from the third quarter of this year, then falling into recession as corporate profits [fall], hitting business and investor sentiment. The fallout from this could trigger a 30% drop in the S&P 500 in the third quarter. Within a year […]
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It’s probably not shocking to say that caffeine is one of the most commonly used drugs in the world. While most people don’t think of it as a drug, there’s no denying that it’s terribly addictive, widely used, and that withdrawal from it can be quite painful. But that’s not to say that it’s all […]
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One of the vitally important markets in gold is the Indian gold market. Gold has a long and storied history in India, being a fundamental part of Indian religious life from temple offerings to wedding gifts. Many Indian families hold a significant part of their wealth in the form of gold, mostly in jewelry. Some […]
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With the trade war with China continuing to escalate, the stakes are growing larger every day for many companies. China has seemingly abandoned trade negotiations and is preparing to hunker down and fight the United States. And with 25% tariffs on Chinese imports set to kick in soon, China has begun to unleash its own […]
Continue ReadingOnly three other times in history precious metals surged while oil plunged! All of them happened during severe bear markets and recessions. Buckle up, folks. When oil starts to drop at the same time gold takes off, it’s a sign that the economy is in danger. A slowing economy means less demand for oil, leading […]
Continue ReadingAfter nearly six years of 0% interest rates, the U.S. economy is hooked on the heroin of easy money. It can’t even tolerate a modest reduction in the Fed’s balance sheet and 2.5% interest rates, still far below historical averages. In other words, this monetary tightening cycle is over. The next move is a return to […]
Continue Reading“Morgan Stanley changed its forecast for global growth to ‘stagnation’ through the end of the year instead of a ‘continued recovery.’ “ Even the most bullish on Wall Street understand that the world economy is set for a slowdown. And while many investors may think that a Fed rate cut would keep the economy humming […]
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