"We may drop 10 to 15%. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will continue to print, that I'm sure," said Marc Faber. He added, "Actually I made a mistake. I meant to say QE 18."
Appearing on a conservative talk radio program, Gingrich praised the Clinton-era North American Free Trade Agreement (NAFTA), taking the decidedly internationalist view that it was positive because it created jobs in Mexico.
Telecommunications giant AT&T said this week that it will join Comcast and other providers in a controversial business model that limits the amount of information subscribers can access, and imposes penalties for overages.
No matter which gold price diagram you look, the price of gold seems to be going upwards. As we rise above old all time highs, is it just a huge bubble or is the price justified?
110 years of gold price history
I wanted to look further than the
This is mathematical PROOF that debt saturation has occurred. Continuing to add debt into a saturated system, where all money is debt, leads only to future defaults and to higher unemployment.
This is the dilemma created by our top down debt bac
In the last 16 months, 165 buyers have closed on foreclosed homes in Phoenix using federal Neighborhood Stabilization Program (NSP) Homeownership Assistance funds.
NEW SHOW TIME: 12pm-2pm (AZ) / Butler Shaffer & Marc J. Victor in studio - "The New Geometry and the New Math" & "What Does History 'Prove'?" -Marc J. Victor
Buenos Aires, Argentina – Poor Mr. Obama. The man who ran on a campaign promise of “change,” is striving to achieve his stated goal by implementing a slew of conspicuously “same” policies, one after the other.
Admittedly, your editor doesn’t know
Republicans in Michigan have come up with a revolutionary solution to the state’s growing budget crisis: claim the right to auction off entire municipal entities, like cities, counties, school districts and water systems. The power to declare municip
Two-thousand miles away from Washington, Utah sent a strong message yesterday that the nation’s monetary system is dysfunctional. A bill authorizing gold and silver as legal tender passed the statehouse and with the governor’s signature will become l
Urban Earthquake Preparedness and Survival - Waiting for WWIII, A classic from Doug Casey - Copy Switzerland, Not the US, Ron Holland's advice to the Middle East - What Made America Great, And why it no longer is. Article by Gary North
This two-tier approach is intriguing: aggressive pursuit of abuses when members of the armed forces are the victims, flat-out denials for the rest of us. Dave Dayen thinks it’s politics, but I wonder if something deeper is at work.
Upscale furniture retailer Robb & Stucky, a top player in the Valley's interior design arena for 20 years, will liquidate its inventory and close, according to a plan approved Tuesday by the U.S. Bankruptcy Court in Tampa, Fla
In terms of meaningful economic reporting, the financial markets continue to be flying blind, at the moment. Economic data of questionable significance continue to flow from the government’s statistical bureaus, including this morning’s report of...
Derivative structures allowed certain corporate players to employ 90x+ leverage, there is no wonder what happened when the housing market dropped 36% and the CRE market dropped 42%. Believe me, dear readers. They are not finished falling.
Wall Street Journal: But consumer debt, such as auto and student loans, has started growing again in recent months, suggesting that people might be getting in the mood to borrow again.
No it hasn't.
My thoughts on the market are admittedly turning dark. I no longer value technical analysis because I know how subverted the markets have become with the “Fed” and large banks directly playing with them – they ARE the markets...
The Fed estimated that the value of household real estate fell $260 billion to $16.37 trillion in Q4 2010. The value of household real estate has fallen $6.3 trillion from the peak - and is still falling in 2011.