Category: Business & Economy

There is no way that this is going to end well. “…our highly levered financial system is like a truckload of nitro glycerin on a bumpy road…”

The many flaws of survey data makes it a rather questionable foundation for economic science.

The budget deficit for President Trump’s first two years in office will be nearly $250 billion higher than initially estimated, hitting $702 billion in fiscal 2017, due to what appears to have been a calculation mistake: a shortfall in tax collections and a mistake in projecting military healthcare costs, according to budget chief Mick Mulvaney.

Long walks on the beach, holding hands in a hot-tub overlooking the ocean, working on your golf game…in Hawaii, treating the kids and grand-kids to treats and trips – we have all seen the commercials of how great...

There really is no true market for gold, just a rigged game consisting of physical gold and paper gold trading side by side as if they were one and the same. They’re not. And the result? More and more paper gold is poised on top of on an inverted pyramid with less and less physical gold at the base distorting the actual price of physical gold.