Monetary expert Matthew Piepenburg of GoldSwitzerland.com returns for Part 2 of our interview with him in which he explains why, whenever countries become too indebted (as we are now) it’s ALWAYS the currency that’s sacrificed. In the long run, hyperinflation is likely to be the end result. But in the near term, a recession & …
It Will Take A 30-40% Market Drawdown Before The Fed Pivots Read More »
JUST IN: Personal interest payments in the US hit a record $506 BILLION in July.During the first 7 months of 2023, Americans paid a total of $3.3 TRILLION in personal interest.This is up a staggering 80% since 2021 and nearly above the entire 2022 total.The worst part?These numbers do NOT include interest on mortgage payments.Source: …
JUST IN: Personal interest payments in the US hit a record $506 BILLION in July. Read More »
When you get a paycheck they take out the income taxes right away. When you buy groceries or clothes you pay sales tax. The house you live you have to pay property taxes so you can keep it. When you park your car you have to pay a fee to use the parking spot that …
🕵️♂️ Hedge funds are exposing fake green promises and inflated values pumped up by stimulus. 📉 And guess what? Big players like Blackrock & State Street are pulling the plug on some ESG funds. 🔄 Talk about a 180! Just last year, ESG-themed assets were soaring to new heights. 📢 Current scene? 🚪 ESG fund …
I know it is heresy to short the Bank of Apple (AAPL) at 179-180 but that is exactly what I mused about on Monday morning. AAPL is now mauled by Mr. Market to 169.80 and my target to cover remains 158-160. AAPL is a cult headed by King Cook but no EPS growth, slowing services/software …
