(By Wolf Richter) Going down the drain, putting this wondrous stock market at risk? Companies in the S&P 500 spent about $3 trillion since 2011 to buy back their own shares, often with borrowed money. It’s part of a noble magic called financial engineering, the simplest way to goose the…
Tom Cloud provides a new video that discusses five important updates and developments. He starts off with the implications and policies of the Federal Reserve during a new Trump Administration. Tom then explains the Deutsche Bank silver manipulation lawsuits suggest that there are 100 banks listed as part of the…
The world doesn’t realize it yet, but the implosion of the global markets has started and can’t be stopped. While the financial networks continue to focus on the rising U.S. stock market and Dollar, this represents a mindset that has totally gone insane. Why? Because the rapidly increasing Dollar and…
The countdown has started as the demise of the great U.S. shale gas industry has begun. This will have a disastrous impact on the U.S. economy as shale gas production declines in a big way. Unfortunately, very few Americans understand how sickly the domestic shale gas industry truly is, because…
Investors have forsaken all reason, logic and wisdom by rushing into the biggest stock and financial bubble in history. Even some precious metals investors are selling their gold and jumping into the markets hoping to make big profits as President Trump takes over the White house in six weeks. Unfortunately,…
Yes, it’s true. Middle East net oil exports are less than they were 40 years ago. How could this be? Just yesterday, Zerohedge released a news story stating that OPEC oil production reached a new record high of 34.19 million barrels per day. To the typical working-class stiff, driving a…