(Bloomberg) — The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind to a US economy already
Month: May 2023
Why gold still has a shot to reach a record high this year
Investors tried and failed earlier this month to lift gold prices to a fresh record high and even the risk of a U.S. debt default
Next Generation Money, Part 1: Texas Re-Imagines The Dollar
With all the (completely justified) angst surrounding central bank digital currencies (CBDCs), it’s easy to forget that the concept of digital money isn’t the problem.
Doug Casey on the Death of Privacy… and What Comes Next
International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered. Further, rampant currency debasement is lowering the real
Debt Explodes Under Alternative Scenarios
The Congressional Budget Office’s (CBO) new ten-year budget projections estimate that debt will reach a record 119 percent of Gross Domestic Product (GDP) by the
Three Lies They’re Telling You about the Debt Ceiling
Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and Democrats are presently
Money, Banking, and Markets – Connecting the Dots
John P. Hussman, Ph.D.President, Hussman Investment Trust May 2023 The basic thesis of gestalt theory might be formulated thus: there are contexts in which
Zoltan Pozsar: Fed Is “Foaming The Runway” For Big Bank Problems Ahead
Authored by Peter Chawaga via BitcoinMagazine.com, Zoltan Pozsar, who until recently worked as the managing director of investment bank Credit Suisse, offered his insight into financial markets
Gold gets lifeline from renewed banking jitters, Powell comments
(Reuters) – Gold rallied 1% on Friday, recouping some losses from earlier this week, on renewed worries about the stability of the banking sector, while
