Another Trillion-Dollar Unfunded Liability, Part 2: Running The Hurricane Numbers
The idea that as more people move to Hurricane Alley and other storm-prone places, the future cost of those storms will rise – and that
The idea that as more people move to Hurricane Alley and other storm-prone places, the future cost of those storms will rise – and that
When Italy elected a bunch of rowdy populists back in March, the rest of the eurozone assumed (or at least hoped) that the weight of
It’s long been an article of faith in the sound money community that the Fed, by bailing out every dysfunctional financial entity in sight, would
Just a few months ago, real estate was on fire. Prices were blowing past records set during the previous decade’s housing bubble as desperate buyers
After a brutal few weeks in precious metals, you’d expect trend-following speculators to be heading for the exits. And the most recent gold and silver
Resource stock analyst and money manager Marin Katusa just sent out a blast email that explains — via some extraordinary charts — why large miners
Excerpted from Michael Pento’s Pento Portfolio Strategies China appears to have more to lose from a trade war with the US simply because the math
Not so long ago, student debt was mostly the responsibility of students. That is, you paid for college with loans and then paid off those
China’s growth over the past decade has been not just impressive, but historically unprecedented. No single country has ever added this many factories, roads, airports
Okay, one more look at wage inflation, followed by a short diatribe on the unfairness of life. As the labor markets get tighter, power is
Economist Peter Bookvar recently analyzed the the anecdotal evidence of capacity constraints piling up in recent industry surveys, including the following: “Business is strong in
Beginning in early Spring, gold and silver faced two serious headwinds: Seasonality – that is, the annual decline in bullion demand from China and India
One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact that there are several definitions
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the
After an artificial pause in 2017, US government debt has resumed its inexorable climb… …the dollar has fallen by around 5%… … and inflation –
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