Ray Dalio says the Silicon Valley Nank failure is a “Canary in the Coal Mine” for what’s to come. Dalio wrote Tuesday that this is part of the classic “bubble-bursting part” of the short-term debt cycle. He explained how it fits into broader historical trends and debt cycles. Billionaire investing veteran Ray Dalio said the […]
Story by Harvard Gold Group, “Main Points” 3/13/2023, at 3:00 PM | Original article from Peter Schiff 3/13/2023 First Silicon Valley Bank (SVB), and now Signature Bank has collapsed. The Fed folded within 48 hours. SVB didn’t collapse because of FTX contagion, or anything related to Crypto. It collapsed all on its own because it
SVB Fails: And Then Something Broke Read More »
Investors would be wise to buy gold and silver as the Fed and FDIC signal more money printing. Robert Kiyosaki warns bond market is crashing The problem is the bond market, and my prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse. He further expressed concern
Investor Who Called Lehman Collapse Predicts the Next Big US Bank Failure Read More »
Digital dollars could let the Fed monitor or even control how you spend your money.! CBDCs are different. They are programmable, traceable, trackable, and taxable. Literally all transactions can be surveilled, recorded, or even reversed by a bureaucrat’s push of a button. The government can easily dictate which dollars of your income go to buying
The Scary Fed Idea to Turn Your Dollars into a Digital Power Grab Read More »
The U.S. is studying options for adopting a retail or wholesale central bank digital currency, Under Secretary of Treasury Nellie Liang said in a speech Wednesday. The U.S. is considering a CBDC as the Fed has indicated it expects to launch its 24-7, instantaneous payment service, dubbed FedNow, this spring or summer, using an existing
Us Explores Central Bank Digital Currency to Preserve Dollar’s Reserve Status Read More »
“We have never escaped a recession from this point,” JPMorgan economists are telling clients about one indicator, noting stocks have never hit a low before the Fed has stopped hiking interest rates. Despite growing hopes the U.S. may ultimately avoid an anxiously anticipated recession, JPMorgan economists are warning clients that a flurry of indicators are
Ray Dalio said China is winning the trade war with the US as the yuan makes gains internationally. The Bridgewater Associates CIO mentor also warned the US is on the “brink” of conflict with China. But Dalio added that the biggest threat to the US remains domestic. China is pulling ahead in the trade war
Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11% year-over-year. An inventory glut will impact consumer prices, with the latest consumer price index data due out Tuesday. Charges to use cargo containers as temporary warehouse space are going to explode in the coming quarters, according to
There’s a New Inflation Warning for Consumers Coming from the Supply Chain Read More »
“This was also comfortably within the 20-60t range of reported purchases which has been in place over the last ten consecutive months of net buying,” (Wrote Krishan Gopaul, Senior Analyst at the WGC.) (Kitco News) After a record-setting year in 2022, central banks remain very interested in gold at the start of 2023, according to the
Central Banks Continue to Scoop Up Gold in 2023 Read More »
The Dollar’s Dominance of Global Trade and Reserves is Facing Several New Threats Getty Images The dollar’s supremacy in global trade faces fresh challenges as several countries float plans to use local currencies in commerce. Russia and Iran are working to create a gold-backed stablecoin, while China is increasingly using the yuan in its oil trades.
Dollar Dominance Under Threat: 5 New Challenges to the Greenback’s Reign Read More »
