Author Archive: Jeremy Parkinson
100 CEOs Have More Saved Up For Retirement Than 41% Of U.S. Families Combined
Retirement Insecurity – A Tale Of Two Retirements – CEOs And The Rest Of Us Changing the rules that allow platinum pensions for CEOs and increase retirement insecurity for the rest of us Co-published by the Center for Effective Government and the Institute for Policy Studies Authors Sarah Anderson directs the Global Economy Project at […]
“Production Freeze” Narrative Collapses In Two Days: Russian Oil Output Hits New Post-Soviet Record
How quickly the oil production freeze narrative has fallen apart. Source: stockboardasset Indeed, it’s been a tough two days for oil bulls holding on to hope that excess oil production will normalize in the near term and that the world’s oil suppliers would somehow manage to curb oil production in the aftermath of the OPEC’s November […]
Rickards: ‘Unallocated Gold Is A Euphemism For No Gold’
I think that Rickards is correct in his judgement, and joins many others including Kyle Bass, who because of their backgrounds are much harder to ridicule and dismiss by the creatures of the bullion banks. And in some of their more recent remarks about this, one can almost feel the desperation. And here and there, […]
International Economic Week In Review: Japan Is Really Hurting
Since the beginning of the year, international news has slowly but consistently been grinding slower. It started with a series of policy missteps from China followed by Japan’s 4Q contraction. US news has also slowly ground weaker. The EU can’t seem to generate any inflation and, thanks to a strong sterling, the UK is relying solely […]
Gold Forecast: April 2016
Gold prices settled at $1222.19 an ounce on Friday, making a gain of 0.49% on the week but suffering a loss of 0.47% over the month. The XAU/USD pair initially moved higher and tested the 1285/0 area but found significant amount of resistance – which then led to long-side profit taking- and reversed its course. […]
A Market Circus Made By Policy Clowns
Stocks resumed their rally last week after Janet Yellen reassured investors that things are so bad she won’t raise interest rates any time soon. The Dow Jones Industrial Average (DIA) jumped 277 points, or 1.6%, to 17,792.75 while the S&P 500 (SPY) added 37 points, or 1.8%, on this idiotic “bad news is good news” scenario. The […]
Gerald Celeste Discusses Election-Year, Middle East, And European Chaos — And Gold
To Listen to the Podcast Audio Click Here Mike Gleason: It is my privilege to speak with Gerald Celente, published of the renowned Trends Journal. Mr. Celente is a frequent and highly sought after guest on news programs throughout the world, and has been forecasting some of the biggest and most important trends before they happen […]
Chart Of The Day: California Minimum Wage Hike History
California Governor Jerry Brown launched a Political Earthquake proposing a series of minimum wage hikes every year between now and 2022 when the minimum wage hits $15. The Huffington post reports “The new law will boost paychecks for millions of California workers. More than 40% of California workers earn less than $15 dollars an hour. ” The […]
Video Preview: NFP Fallout, Fed Minutes And More
In the week after the jobs report, this event will still echo but we will hear from the Fed soon enough, via the meeting minutes. Also watch out for services PMIs, most importantly in the US, as well as the buildup towards the oil summit, the Australian rate decision and more in the first full […]
U.S. Bond Market Week In Review: Deconstructing Yellen
Fed Chair Yellen gave a very important speech last week. While she focused on domestic economic developments, there was also tremendous focus on international events and their potential negative impact on the US economy – a line of analysis championed by Fed President Brainard. Yellen’s latest speech indicates a far more international approach to monetary […]
