Germans, like Indians and Chinese, love their gold - although their reasons for buying and keeping bullion are somewhat different. In China and India, gold jewelry is a status symbol - a sign of wealth and success. In Germany, owning gold bars and coins, maybe a 24-karat ...
Richard (Rick) Mills
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January 24, 2020
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In Part I of this research, we highlighted the Case-Shiller index of home affordability and how it relates to the US real estate market and consumer economic activity going forward. We warned that once consumers start to shift away from an optimistic view of the economy, t...
Chris Vermeulen
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August 22, 2019
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The Financial sector is unique in that it is an essential component of global economics as well as local economic functions. Consumers depend on banking services, credit, and all sorts of other financial services in their day-to-day lives. The Financial sector is one of the ...
Chris Vermeulen
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June 11, 2020
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U.S. companies have never had so much debt on their books as they do now. As of the fourth quarter of 2019, non-financial firms owed some $9.6 trillion in outstanding debt, a figure that’s up more than 57 percent from the financial crisis 10 years earlier,...
Frank Holmes
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April 3, 2020
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Mattress stuffers or bullion holders? Who fares better in a crisis? North American investors are divided between those who believe the decade-long stock market bull is going to keep running into the 2020s, and investors who, wary of something terrible happening, are hoarding...
Richard (Rick) Mills
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December 20, 2019
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Stock markets rebounded on Tuesday, after the White House announced further measures to help Americans and companies hurt by the coronavirus pandemic. The Trump Administration is reportedly considering sending checks to Americans so they have cash to spend during the outbr...
Richard (Rick) Mills
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March 18, 2020
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In 1917, the United States created the federal debt limit (or ceiling) to make it easier to finance World War One, essentially allowing Congress to borrow money to pay for the war effort by issuing bonds. By 1939 with World War Two looming, Congress passed the first aggre...
Richard (Rick) Mills
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October 8, 2019
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Big news out today on CNBC about Gilead drug cured all 125 people from serious COVID-19 conditions within 5 days, This is amazing to hear, stocks are popping today up 3-5% which is to be expected for this type of news but the damage to the financial markets has already been ...
Chris Vermeulen
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April 17, 2020
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So far in 2020, the yield on the 10-year Treasury has averaged an anemic 0.01 percent when adjusted for inflation. Since the end of January, it’s actually dipped below 0 percent, trading as low as negative 0.14 percent on January 31. What this means is...
Frank Holmes
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February 18, 2020
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Whether it’s a Democrat or a Republican installed in the White House this November, you can count on fiscal discipline going out the window. Neither the incumbent, President Donald J. Trump, nor the leading Democratic contender to replace him, Bernie Sanders,...
Richard (Rick) Mills
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February 26, 2020
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