Goldman Sachs Group Inc posted a 53 percent decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets. Bond trading revenue, including commodities and c
When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China.
Darrell Issa is getting ready to start scrutinizing - and his first oversight meeting was just announced today - who is he going after first? This is what we were asking for in November - check it out!
This demand won't cause a short-term explosion in natural gas prices. But it's a no-brainer to start hoarding the stuff right now... in advance of the coming consumption boom.
I keep getting subscriber e-mails asking me what good it is to buy stocks when the U.S. dollar will soon be destroyed, taking the value of most equities with it. This question is a better one now than it's ever been in my lifetime.
When I talk about "The End of America," I don't mean the end of our political union (although I won't rule that out). I'm talking about the end of the U.S. dollar as the world's reserve currency.
Dan Loeb has done the unthinkable… He's beaten the market for 13 straight years.
"It's Finally Time to Sell Stocks," I said on December 20.
If you needed a reason to become bearish on the stock market, perhaps the best one appeared on the front cover of USA Today last month...
Since November 1, long-term U.S. Treasury bonds have fallen 7% in value. That's not supposed to happen. But it's happening. Since November 1, the municipal bond market has fallen 6%. That, too, isn't supposed to happen. But it's happening.
The recent disappearance of a popular tampon brand is really cramping the style of city women. Drugstore shelves have been mysteriously empty of o.b. nonapplicator tampons since late fall, leaving the feminine hygiene product's devotees puzzled a
We Don't Need a State - Our Choice: Secession - Am I Being Unfair?, Laurence Vance on Republican "libertarians." - The Canary in the Coal Mine, We can see our alarming inflationary future in Southeast Asia, says Simon Black.
Banks will try to make up the shortfall by increasing fees to customers, but they expect to lose about 5% of their customers to the "unbanked" world, said Dimon during the bank's fourth-quarter earnings conference call.
I’ve been pouring through the Fed’s recent release of circa 2005 FOMC transcripts. The most striking observation that one can make is that the consumer - the very lifeblood that determines whether our economy will live or die - has been discarded.
It's "sink or swim" time for the shipping stocks.
no place is perfect… and in these tumultuous times which I call the ‘Age of Turmoil,’ no country is going to be completely immune to the looming problems which face the world, namely rising prices and resource shortages.
Farm animals endorse government debt! What could go wrong? Says Ed: “They’re backed by the government! You always get what you put in, plus interest. You can’t lose! ... You never miss those few dollars out of each paycheck, because the saving is
Sudan Next To Succumb To Bernanke’s Inflationary Experiment, As Country Threatens Revolution Over Surging Food Prices
By Martin Hill - LibertyFight.com - Newly sworn U.S. Senator Dr. Rand Paul from Kentucky has suggested doing something that his father, libertarian icon Congressman Ron Paul, said he was worried that Republicans might do just weeks ago.
Pasha Roberts - Director & Producer of Independent film "Silver Circle." Silver Circle is a film that lives in our world after massive economic collapse: tyranny, explosions, monetary mayhem, romance and rebels.
Dallas Fed Prez Attacks Ron Paul - More Lies About the Civil War - Central Banks Around the World Scare Me, Jim Rogers on the gold price, and his appreciation for silver and rice - America's Arab Puppets Are Going Down, And about time, too, Eric Marg
Considering that over 8 million Americans have stopped using credit cards just since Christmas 2009, I think it much more likely that consumer demand in the U.S. is flat, or, still falling, despite the claims of the MSM:
"These economies are clearly overheating and governments are putting measures in place to slow them down to fight inflationary pressure. More than anything else, food inflation is a problem," Gijsels said. "In countries were 70% to 80% and sometimes
Yet another crisis is upon this burdened city, among the most impoverished and crime-ridden in the country. Deep layoffs of city workers go into effect on Tuesday - cutting up to 383 jobs, or one-fourth of the city's employees.
Frontier lawman Virgil Earp tamed this wild railroad town more than a century ago, but talk to Colton residents today and they'll tell you this San Bernardino County community is once again in desperate need of cleaning up.
As director of the FDIC's new Office of Complex Financial Institutions, Wigand will be responsible for keeping an eye on some of the nation's largest and most complex financial firms and making sure the government is prepared to seize and liquidate t
Beijing announced $600 million in deals with US companies, while senior US senators pressed for Congress to get tough with China over "manipulating" its currency, underlining tensions over trade on the eve of the Chinese President's arrival.
BEIJING—Chinese President Hu Jintao emphasized the need for cooperation with the U.S. in areas from new energy to space ahead of his visit to Washington this week, but he called the present U.S. dollar-dominated currency system a "product of the past
The Congress must allow the country to borrow more to avoid a debt default that would wreak havoc on financial markets and imperil the U.S. economy, Democratic and Republican lawmakers said on Sunday.
The escalation in the price of oil is predicted by the legendary oil man T. Boone Pickens, known for his financial acuity as well as his oil expertise, and John Hofmeister, who retired as president of Shell Oil Company, to sound the alarm...