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The World’s Central Banks Are Buying Gold At The FASTEST PACE In 6 years!

The World’s Central Banks Are Buying Gold At The FASTEST PACE In 6 years!

by Mac Slavo | May 15, 2019 | Commodities, Headline News, Precious Metals

The central banks of the world have been buying up gold at the fastest rate in 6 years. This is flashing warning signs for the future of the United States dollar. Central banks (the Federal Reserve) and foreign governments hold literally trillions of dollars of...
Charlie Munger: Money Printing Will Fail…We Will End Up Like Venezuela

Charlie Munger: Money Printing Will Fail…We Will End Up Like Venezuela

by Mac Slavo | May 7, 2019 | Commodities, Headline News, Precious Metals

Berkshire Hathaway Vice Chairman Charlie Munger recently warned against the Federal Reserve’s unbridled money printing.  The central bank is going to end up turning the United States into Venezuela with an exponential inflation rate if they continue to print...
Consumer Spending SPIKES In March, But Credit Card Balances Are At ALL TIME HIGHS

Consumer Spending SPIKES In March, But Credit Card Balances Are At ALL TIME HIGHS

by Mac Slavo | Apr 30, 2019 | Headline News

Consumer spending rose .9% in March netting an overall positive response from the mainstream media, with many reports now calling recession fears unfounded. But consumer credit card debt also rose to all-time highs again, meaning people borrowed the money they spend...
If “Getting Ahead” Depends On Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

If “Getting Ahead” Depends On Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

by Contributing Author | Apr 24, 2019 | Headline News

This article was originally published by Charles Hugh Smith at OfTwoMinds blog Given that the economy is now totally and completely dependent on inflating asset bubbles, it makes no sense to invest for the long-term. Beneath the endlessly hyped expansion in gross...
The Cataclysmic $243 Trillion Global DEBT BOMB Will Explode Impoverishing EVERYONE

The Cataclysmic $243 Trillion Global DEBT BOMB Will Explode Impoverishing EVERYONE

by Mac Slavo | Apr 21, 2019 | Headline News

Once the global debt bomb explodes, there won’t be much left for anyone.  Governments will fall, individuals will be impoverished, and businesses will implode.  The elitists in power have tried to keep everyone in the dark, but maybe there’s an answer to...
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