The Fed created the biggest financial bubble to ever exist. Every bubble is followed by a bust, so the Federal Reserve, regardless of any other event that occurs, is responsible for creating economic crisis. The real solution is to put an end to The
More monetary stimulus will come to prevent an imminent recession, and a larger money supply would be bullish for gold, this according to Peter Schiff, CEO of Euro Pacific Capital.
The drop in oil prices is likely to be short-lived, veteran stock broker Peter Schiff told RT, since the deflation of the whole US debt bubble and crash of the dollar will make the prices of oil and other commodities bounce up.
So, are you feeling optimistic about the global economy now? Yeah, neither am I. Here's why: Record-breaking point drops followed by record-breaking point gains followed by yet more dramatic downswings are not the sign of a healthy and happy market
After a record 11-year, 357% surge off the March 6th, 2009 lows, The Dow Jones Industrial Average's longest bull-run in history came to an end today (two days after its 11th birthday) with its first 20% - bear market - drop.
Gerald Celente, Founder of the Trends Research Institute, shares one of his boldest forecast with SBTV - expect $2,000 gold price as early as end-2020 and prepare for the onset of the greatest depression the world has ever seen by early 2021.
With an historic 2000 point drop in the Dow Jones Industrials on Monday in response to Saudi Arabia and Russia declaring an oil price war on, well, everyone it's clear that one of the two 'flations, deflation, has won out.
"We can see the panic in the equity market," said Jerry Braakman, chief investment officer of First American Trust. "The big question for most people is, are we at the bottom yet? I think we're only about halfway there."
The sharp declines followed a roller-coaster week that saw the S&P 500 swing up or down more than 2.5% for four days straight. While Monday's drop was significant, it still didn't crack the 20 worst days for the S&P 500.
Wall Street's main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22% slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.
Stop and pause for a moment and think about what just happened. The Federal Reserve says the US economy is strong, but it just initiated emergency monetary policy last seen during the worst financial crisis since the Great Depression.
Tim Picciott talks with Kirk Chisholm - In this podcast, you'll hear how Innovative Advisory Group was able to capture most of the upside from 2019 while missing almost all of the downside in 2020.
• World Alternative Media -Tim Picciott-John Sneisen
Tim Picciott of The Liberty Advisor and John Sneisen of The Economic Truth join each other once again for the third episode of their show on global finance as markets heat up and debt floods countries throughout the world.
Stocks are down more so in the past week than they have been in years while fears over the coronavirus have pushed the Dow Jones Industrial Average below 27,000 for the first time since October, meanwhile gold is trading at all time highs with many i
The Fed has created the biggest artificial financial bubble to ever exist. Every bubble is necessarily followed by a proportional financial crisis. Black Swan events (like Coronavirus) often act as the fuse. The major headlines always keep the focus
The rate of credit card balances that are 30 days or more delinquent at the 4,500 or so commercial banks that are smaller than the top 100 banks spiked to 7.05% in the fourth quarter, the highest delinquency rate in the data going back to the 1980s (