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This Is The Closest That The U.S. Has Been To Nuclear War Since The Cuban Missile Crisis

Are we on the verge of a nuclear war with North Korea?  It has now been confirmed that North Korea has successfully created a miniaturized nuclear warhead, and last month they tested a missile that can reach at least half of the continental United States.  Since 1994 the U.S. has been trying to stop North Korea’s nuclear program, and every effort to do so has completely failed.  Last September, the North Koreans detonated a nuclear device that was estimated to be in the 20 to 30 kiloton range, and back in January President Trump pledged to stop the North Koreans […]

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Why Gold & Silver Have Frustrated Investors Since 2011

The biggest frustration to many precious metals investors, is why have the gold and silver prices under-performed the market since 2011? Actually, for gold it was since 2012. Even though gold hit a new record high of $ 1,900 in September 2011, its average annual price was higher in 2012 at $ 1,669 compared to $ 1,571 the prior year. Regardless, the precious metals analysts back in 2012 were forecasting the market was going to experience even higher gold and silver prices, especially after the Fed announced QE 3 at the end of 2012. However, the precious metals community was […]

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Been Dead Since 2008

Nearly a decade. That’s a long time to still be flogging this dead horse. I’m talking about buy-and-hold investing. It’s dead. Been dead since 2008. But not buried yet. Instead, mom and pop investors still fall into the trap. And they pay dearly for it. There’s a better way: finding a system that excels during times of increased volatility, especially on the downside. That is, following a quick-hit strategy that gets you into AND out of stocks, bonds, and commodities at the best possible times. That has rules to follow. That’s easy to use. Maybe even something you can set […]

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The ’51st U.S. State’ Declares Bankruptcy As Corporate Insiders Sell Stocks At The Fastest Rate Since The Last Financial Crisis

Puerto Rico has collapsed financially and has “filed for the equivalent of bankruptcy protection”.  When this was announced on Wednesday, it quickly made front page news all over the planet.  For decades, Puerto Rico has been considered to be the territory most likely to become “the 51st U.S. state”, and there have even been rumblings that we could soon see a renewed push for statehood.  But that is on the back burner for now, because at the moment Puerto Rico is dealing with a nightmarish financial crisis that is the result of an accelerating economic collapse.  Unfortunately, many Americans still […]

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The Global Famine Begins: UN Announces That The Worst Food Crisis Since World War II Is Happening Right Now

We always knew that this would start happening.  Earlier this month, I wrote about the severe economic problems that are plaguing South America, but up to this point I have neglected to discuss the horrific famines that are breaking out all over Africa.  Right now there is a desperate need for food in South Sudan, Somalia, northeast Nigeria, Eritrea and Kenya.  And Yemen, even though it is not technically part of Africa, is being affected by many of the same factors that are crippling nations all over eastern Africa.  The United Nations says that more than 20 million people could […]

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12 Reasons Why The Federal Reserve May Have Just Made The Biggest Economic Mistake Since The Last Financial Crisis

Has the Federal Reserve gone completely insane?  On Wednesday, the Fed raised interest rates for the second time in three months, and it signaled that more rate hikes are coming in the months ahead.  When the Federal Reserve lowers interest rates, it becomes less expensive to borrow money and that tends to stimulate more economic activity.  But when the Federal Reserve raises rates , that makes it more expensive to borrow money and that tends to slow down economic activity.  So why in the world is the Fed raising rates when the U.S. economy is already showing signs of slowing […]

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Employment Boom: 10 Companies That Have Promised To Add Jobs In The United States Since Trump Was Elected

One of the primary things that Trump’s presidency will be judged upon is his ability to encourage the creation of good paying jobs for American workers, and so far the results have been quite promising.  Since Trump’s surprise election victory in November, a whole bunch of companies have either promised to bring jobs back into the country or have pledged to create new ones.  Ultimately time will tell if those jobs actually materialize, but for the moment there is a tremendous amount of optimism in the air.  In fact, I don’t know if we have ever seen anything quite like […]

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Generation Snowflake: Percentage Of Young Adults Living With Their Parents Hasn’t Been This High Since 1940

Have we failed this generation of young adults by not equipping them to be able to handle the harsh realities of the real world?  According to the Wall Street Journal, the percentage of Americans in the 18 to 34-year-old age bracket that are currently living with their parents hasn’t been this high in 75 years.  At this point nearly 40 percent of our young adults in that age range are living at home, and many are concerned that this could have some alarming implications for the future of our nation. In the United States today, more than 60 million people […]

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Trumphoria: Americans Are More Optimistic About The Economy Than They Have Been Since Obama’s Win In 2008

Optimism about the future of the U.S. economy has not been this strong since Barack Obama’s first presidential election victory in 2008. Donald Trump promised us an economic resurgence, and what is not to like so far? As I discussed earlier this week, stocks are soaring, businesses are already announcing that they are bringing jobs back to the United States, and the U.S. dollar has been lifted to levels that we haven’t seen in many years. Many are referring to this post-election surge as “Trumphoria”, and I think that is quite appropriate. Personally, I couldn’t imagine financial markets behaving this […]

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Global Recession? The Canadian Economy Shrinks At The Fastest Pace Since The Last Financial Crisis

Things have not been this bad for the Canadian economy since the last global recession.  During the second quarter of 2016, Canada’s GDP contracted at a 1.6 percent annualized rate.  That was the worst number in seven years, and it was even worse than most analysts were projecting.  This comes at a time when bad news is pouring in from all corners of the global economy.  While things in the United States are still relatively stable for the moment, the same cannot be said for much of the rest of the planet.  Canada in particular has been hit very hard […]

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