A brilliant and clear analysis of the accelerating breakdown in the internal math of global markets. When economic policy becomes dominated by the imperative of defending the apparently uncontrollable privilege

When there is “a statistically improbable concurrence of events”, some investigation is required. I would like to hear any counter arguments as to why Paul Craig Roberts has not reached

An exceptionally good review about what constitutes an appropriate gold allocation. Article 122

Over the last 5 years total commercial bank loans and leases have been essentially unchanged. This means that virtually every incremental dollar of US “GDP growth” has come solely courtesy

Alasdair Macleod does a great job of analyzing the recent extraordinary price action of gold in the long term context of different groups of market participants. Article 120

This is the best economic article I have read in a long time. In the most simple terms it describes the flaws of our current economic policies, what the real

Using the IMF’s analysis the world’s $600 Trillion derivatives markets are leveraged 1000 to 1!!!!! The IMF wonders where the actual underlying collateral would be if things started to go

If you want to understand the evolution of central bank policy to the current “Inverse Volker” moment this is a brilliant and detailed description from Hinde Capital of how we

Charles Hugh Smith explains in simple terms the key financial problem now facing so many developed countries. This is the underlying long term development of how government finances have typically