Economy

The Startling Truth About How Working Families Are Truly Faring In This Economy

Half the country is flat broke, and things get even more precarious for working families with each passing day.

What Food Costs in Venezuela: Eggs $150 a dozen, Dry Milk $100 a pound

Hyperinflation is when prices increase to ridiculous amounts very quickly, and it usually happens when a country’s currency becomes worthless due to economic collapse or deficit spending, after the government prints more money that is backed by nothing.

8 Lessons That We Can Learn From The Epic Economic Meltdown In Venezuela

The following are 8 lessons that we can learn from the epic economic meltdown in Venezuela…

“There Is Something Changing In The Market” – CEO Hints Of Massive Shortages As Tech Manufacturers Are Now Going Direct To Mining Companies In Search of Silver

Despite billions of dollars being traded daily on paper exchanges, physical silver supplies around the world have tightened to such an extent that manufacturers have been left with no choice but to come directly to mining companies to acquire the…

Another Real Estate Crash Is Coming – Legendary Market Timer Unloads His Positions: “They’ve Sold Deferred Reality For So Long…”

Sam Zell noted that zero interest rate policies are removing the risk of borrowing, making it easy for big banks and finance companies to keep pushing supply onto the market.

Expert Warns Of Venezuela-style Hyperinflation: “This Will Not End Well For The United States”

If there’s one thing we can learn from the collapse of monetary systems in Zimbabwe, Argentina, and most recently Venezuela, it’s that printing money only works until you lose the confidence of your creditors and the public at…

Undeniable Evidence That The Real Economy Is Already In Recession Mode

In the “real economy,” stuff is bought and sold and shipped around the country by trucks, railroads and planes.  When more stuff is being bought and sold and shipped around the country, the “real economy” is growing, and…

Discoverer of Largest Silver Deposit in History Explains The Single Biggest Reason Why People Are Buying Gold And Silver

According to Golden Arrow Resources CEO Joseph Grosso, who is credited with the discovery of the largest silver deposit in history, the single biggest reason that retail investors, institutional players and governments around the world are gobbling up…

Unemployment Claims Spike Again As We Get More Scientific Evidence The Middle Class Is Shrinking

We should fully expect that the number of Americans seeking unemployment benefits will continue to accelerate.

This Unusual Indicator Confirms That The Tech Bubble Has Burst: “The Answer Lies In Ping-Pong”

Sales are down among local ping-pong table vendors, and many are blaming a downturn in the tech economy.

11 Signs That The U.S. Economy Is Rapidly Deteriorating Even As The Stock Market Soars

The following are 11 signs that the U.S. economy is rapidly deteriorating…

Showdown: A Bull And A Bear Duke It Out: Will Silver And Gold Skyrocket… Or Collapse?

The world is in crisis. That’s something most analysts, investors and average Americans can agree on. How markets will behave, what the dollar will do and where capital will flow as investors panic, however, is another matter altogether. Throughout…

Financial Analyst Bill Holter Warns: “What We’re Looking At Is An Event You’re Not Going To Be Able To Recover From”

“Things are breaking down, something big is happening,” according to leading alternative news web site SGT Report. Citing the recent emergency meeting between the Federal Reserve and President Obama, America’s explicit warning to other countries not to devalue their…

Dr. Jim Willie: “Violent Gold and Silver Breakout” Coming to Economic Markets!

In the following interview, Elijah Johnson interviews one of everyone’s favorites, Dr. Jim Willie. In the interview, Dr. Willie expands on previous comments he made about how gold and silver are about to “break out violently.” There are…

The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April

Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March?  This is definitely a case where the trend is not our friend. …

Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing

We continue to get more evidence that the U.S. economy has entered a major downturn.  Just last week, I wrote about how U.S. GDP growth numbers have been declining for three quarters in a row, and previously I wrote…

Market Analyst: “Nothing Is Real… All Of This is Being Played To Keep People Believing The System Is Working”

The stock market may be hovering near all-time highs, but according to Greg Mannarino of Traders Choice that doesn’t mean the valuations are actually real: We exist, beyond any shadow of any doubt, in an environment of absolute fakery where…