Since they’re selling their latest $429 million stimulus as being “broad” and “diverse”, you’d think that the Fed was finally looking out for the average Joe. But with just a little scrutiny, we see that, yet again, they’re bailing out “lumbering behemoths” while letting the rest of us hang in the wind. Here’s how the cards are further stacked against us.
A critical component of the 2010 Dodd-Frank Act is being rolled back and, once again, it disadvantages the “little guy”. Here’s what makes the repeal of the Volcker Rule so dangerous for almost all Americans.
Citing concerns over another virus outbreak, renewed trade tensions, low interest rates and a coming U.S. election, strategist Paul Ciana argues that gold can surpass its all-time highs in 2020. Find out how much higher he says it has room to rise.
As the Fed has flushed the economy with stimulus since COVID-19 reached our shores, Americans have flooded banks with a record $2 trillion in new deposits. But while bolstering your savings may give you comfort, one former big banker is warning that this could be a signal that the dollar is going to fall “very, very sharply.” Here’s what has him so concerned.
As if the entitlement program didn’t already have enough challenges ahead, an emerging ripple effect from COVID-19 could now prove to be fatal. Here’s how Social Security’s demise could happen much sooner than anyone had ever predicted.
In the face of increased risks in the financial markets, big banks around the world are reporting that some of their wealthiest clients are shifting their assets into precious metals. Here’s what’s driving these elites to act now.
As it skyrockets past $26 trillion – over $2.5 trillion in just 11 weeks – does Washington have any plan to ever reign in the federal debt? Here’s why there’s no easy way out in the near future – and potential catastrophe waiting behind every economic event that has a hiccup.
In granting private equity funds access to 401(k) plans, the Department of Labor is allowing for “the highest cost, highest risk and most secretive investments ever devised by Wall Street.” Here’s how it could trickle down to you.
Citing the years more of quantitative easing and zero interest rates that he expects, Guggenheim CIO Scott Minerd argues that the Federal Reserve could soon resume gold accumulation as a “responsible policy response” in this period of crisis. Here’s his rationale.
Like few other times in history, speculative investors are pumping money into low-quality, virtually valueless (and literally bankrupt) stocks. Which begs the question, could we be on the precipice of an economic dumpster fire? We lay out all the danger signs here.
