The stock markets surged today on news that the U.S. unemployment rate “SURPRISINGLY” fell to 13.3% in May, down from 14.7% in April. Somehow, with most of the country still on lockdown in May, there were 2.5 million Americans added to the payrolls along with 345,000 new businesses that were…
With the U.S. heading into an economic depression, it will likely motivate more investors to protect their wealth in precious metals. Thus, we could experience a U.S. economic depression and, at the same time, a bull market in gold and silver. Interestingly, over the past two months, the major U.S….
It’s no surprise to most investors that the Fed is propping up the stock market. However, if we compare the Dow Jones Index versus the continued unemployment claims, something seriously wrong is going on. According to the St. Louis Federal Reserve, continued unemployment claims are nearly four times higher than…
Even with the highest unemployment rate in more than 80 years, the U.S. Stock Market continues higher regardless of the lousy economic data and fundamentals. However, without the massive money printing and liquidity injections by the Federal Reserve, the stock market indexes would be substantially lower. Unfortunately, the Fed is…
The Federal Reserve issued a RECORD amount of new Currency in Circulation over the past two months. While the financial media has focused on the massive amount of additional “Digital” money printing, the Fed also introduced more new DOLLAR BILLS into the market from March to May than it did…
The U.S. public debt increased at the fastest rate ever during April. Due to the negative economic impacts stemming from the global contagion, the U.S. Treasury increased the federal debt by a whopping $1.3 trillion in a single month. The additional $1.3 trillion of U.S. public debt during April would…