Neueste Heute 15.05.2024 14.05.2024
$27,000 Gold
16.05.2024, 20:25 Uhr. ZeroHedge News - https: - $27,000 Gold Authored by James Rickards via DailyReckoning.com, I’ve previously said that gold could reach $15,000 by 2026. Today, I’m updating that forecast. My latest forecast is that gold may actually exceed $27,000. I don’t say that to get attention or to shock people. It’s not a guess; it’s the result of rigorous analysis. Of course,...
There Isn't Much That Can Stop This Market For Now
16.05.2024, 15:00 Uhr. ZeroHedge News - https: - There Isn't Much That Can Stop This Market For Now By Michael Miska, Bloomberg Markets Live reporter and strategist With US inflation and retail sales both cooling, bets that the Federal Reserve will cut interest rates are back, and there isn’t much left that could stop stocks from hitting new highs. After most equity markets fully erased April losses...
Futures Flat At All Time High As Markets Mull Next Move
16.05.2024, 13:47 Uhr. ZeroHedge News - https: - Futures Flat At All Time High As Markets Mull Next Move US index futures are flat after notching new record highs on the S&P 500 and Nasdaq 100, spurred on by a miss in the US CPI print and retail sales data on Wednesday, which also boosted bets the Federal Reserve will ease policy. That inflation data, which the market was feverishly anticipating,...
"West's Governments Need War" Warns Martin Armstrong "Because Their Debts Are No Longer Sustainable"
16.05.2024, 11:00 Uhr. ZeroHedge News - https: - "West's Governments Need War" Warns Martin Armstrong "Because Their Debts Are No Longer Sustainable" Interview with Martin Armstrong by Piero Messina for SouthFront Martin Armstrong is one of the most influential economists of our times. Someone called him the “Forecaster”, because that was the title of the biopic film that helped make his...
Escobar: De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosystem
16.05.2024, 05:40 Uhr. ZeroHedge News - https: - Escobar: De-Dollarization Bombshell - The Coming Of BRICS+ Decentralized Monetary Ecosystem Authored by Pepe Escobar, Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem. Welcome to The Unit – a concept that has already been discussed by the financial services and investments working...
Peter Schiff: Biden Lies Again On Inflation
15.05.2024, 22:20 Uhr. ZeroHedge News - https: - Peter Schiff: Biden Lies Again On Inflation Via SchiffGold.com, This week on the Peter Schiff Show, Peter covers a week of dismal economic reports. Both jobless claims and consumer sentiment came in worse than expected last week, with both figures missing predictions by a wide margin. Peter also discusses public statements made by both Joe Biden...
Bitcoin Paves The Way For A New Era Of Free Market Banking
15.05.2024, 19:25 Uhr. ZeroHedge News - https: - Bitcoin Paves The Way For A New Era Of Free Market Banking Authored by Nick Giambruno via InternationalMan.com, Hal Finney was a pioneering computer scientist, cryptographer, and prominent Cypherpunk who played a crucial role in the early development of Bitcoin. He was one of the first supporters, contributors, and adopters of Bitcoin. In short, Finney...
Russia Is About To Overrun Ukraine's Defenses – Why Are There No Peace Negotiations?
15.05.2024, 13:21 Uhr. ZeroHedge News - https: - Russia Is About To Overrun Ukraine's Defenses – Why Are There No Peace Negotiations? Authored by Brandon Smith via Alt-Market.us, There are two classic propaganda narratives used by governments when it comes to keeping the public invested in any war campaign that does nothing to advance their national interests: First, there’s the “commitment”...
Elections And Devaluations
15.05.2024, 04:40 Uhr. ZeroHedge News - https: - Elections And Devaluations Authored by Yves Smith via NakedCapitalism.com, Yves here. It’s revealing that Serious Economist Jeffrey Frankel limits himself to third-world examples in his case studies below on post-election devaluations. Perhaps it would be unseemly to look at, say, the US, UK, Japan, South Korea, or even Australia (admittedly the latter...
"We Need To Deal With The Debt" - Goldman CEO Warns Interest Costs On America's Ballooning Borrowings Means "Issues Down The Road"
15.05.2024, 02:20 Uhr. ZeroHedge News - https: - "We Need To Deal With The Debt" - Goldman CEO Warns Interest Costs On America's Ballooning Borrowings Means "Issues Down The Road" Authored by Tom Ozimek via The Epoch Times (emphasis ours), Goldman Sachs CEO David M. Solomon is the latest business leader to sound the alarm on the Biden administration’s deficit spending, which comes as the cost of...
Clearing Demand
14.05.2024, 20:03 Uhr. ZeroHedge News - https: - Clearing Demand By Ahmed Bin Sulayem Since its establishment in 2005, the Dubai Commodities Clearing Corporation (DCCC) has been the central counterparty for clearing and settlement services to the Dubai Gold & Commodities Exchange (DGCX). Emerging as the largest clearing house in the MENA region by volume, DCCC is now poised to play a far more multinational...
I've Got A Bad Feeling About This
14.05.2024, 16:43 Uhr. ZeroHedge News - https: - I've Got A Bad Feeling About This By Michael Every of Rabobank Ideally, I would have written this on May 4th not 14th, but I am going to talk Star Wars. I was a fan in 1977, kept the flame alive when only battered VHS cassettes of the original trilogy existed, and was delighted to get prequels. Until the opening crawl announced, “The taxation of trade...
Markets Now Face Make Or Break Inflation Data
14.05.2024, 14:22 Uhr. ZeroHedge News - https: - Markets Now Face Make Or Break Inflation Data By Michael Msika, Bloomberg markets live reporter and strategist European stocks are hovering around record highs on conviction that interest rates will come down and revive the economy, making this week’s inflation data a key to extending the rally. Monetary policies in the US and in Europe are expected...
Oil - A Global Tax
14.05.2024, 03:40 Uhr. ZeroHedge News - https: - Oil - A Global Tax Authored by Robert Burrows via BondVigilantes.com, Few commodities wield as much influence in the intricate web of global economics as oil. Oil is pivotal in driving economic growth and development as the primary energy source for transportation, manufacturing, and countless other sectors. However, beneath its surface lies a hidden...
Pressure On China Heightens As Capital Outflow Chokes Liquidity
14.05.2024, 03:01 Uhr. ZeroHedge News - https: - Pressure On China Heightens As Capital Outflow Chokes Liquidity Authored by Simon Black, Bloomberg macro strategist, The latest money data from China shows its capital-outflow problem is worsening, pressuring policymakers to allow a further weakening in the currency. China released money and inflation data over the weekend. CPI and PPI were not great...
Will The Fed Lose Control?
14.05.2024, 01:00 Uhr. ZeroHedge News - https: - Will The Fed Lose Control? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036. Disappointingly, but not surprisingly, Congress was too preoccupied...
China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005
13.05.2024, 22:40 Uhr. ZeroHedge News - https: - China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005 China has lots of economic problems (even if the market has been surprisingly generous in the past 4 months and allowed Chinese stocks to surge despite any actual economic rebound or recovery), but this is a new one. It is hardly a secret that for much of the past 15 years...
Why The Establishment Fears A Trump-Led Fed
13.05.2024, 18:46 Uhr. ZeroHedge News - https: - Why The Establishment Fears A Trump-Led Fed Via SchiffGold.com, While in office, Trump blamed the Fed for tightening monetary policy. Now members of Trump’s team allegedly plan to give a re-elected Trump more power over the Fed, igniting panic from mainstream economists about a politicized Fed. Our guest commentator explains why the real risk,...
Nvidia Rivals Gold As Shield Against Inflation
13.05.2024, 14:44 Uhr. ZeroHedge News - https: - Nvidia Rivals Gold As Shield Against Inflation Authored by Edward Harrison via Bloomberg, The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey. Gold, the haven of choice for decades, is still seen as the best safeguard...
Climate "Reparations" Numbers Are Rigged
12.05.2024, 22:05 Uhr. ZeroHedge News - https: - Climate "Reparations" Numbers Are Rigged Authored by Paul Mueller via the American Institute for Economic Research, Nobel Prize–winning economist Esther Duflo thinks rich countries should pay poor countries $500 billion in compensation each year for climate-change damages. It is our “moral debt.” She proposes an international 2-percent wealth...
Goldman Asks: "Might This Be A Monetary Juncture Akin To 1995 Or 2011"
12.05.2024, 19:11 Uhr. ZeroHedge News - https: - Goldman Asks: "Might This Be A Monetary Juncture Akin To 1995 Or 2011" In a client note on Friday, Goldman's Mark Wilson commented on the money supply (M2) growth, which has noticeably turned upward following the most significant crash since the Great Depression. He questions if this is an inflection point in a "monetary juncture akin to 1995 or...
The Davos Class Is Desperate
12.05.2024, 18:37 Uhr. ZeroHedge News - https: - The Davos Class Is Desperate Authored by Marty Bent via bombthrower.com, One of Davos’ favorite front men, Yuval Noah Harari, joined the BIS Innovation Summit earlier this week to spread some laughable anti-bitcoin propaganda. “The root problem with conventional currency is all the trust that's required to make it work. The central bank must be...
Every Four Years, Overeager Young Journalists Attempt To Trap Powell In A Jack Nicholson Moment
12.05.2024, 17:25 Uhr. ZeroHedge News - https: - Every Four Years, Overeager Young Journalists Attempt To Trap Powell In A Jack Nicholson Moment By Eric Peters, CIO of One River Asset Management “We’re always going to do what we think is the right thing for the economy,” said Jerome Powell, annoyed, but classy as always. “It’s hard enough to get the economics right here,” he explained...
Nebraska Ends Income Taxes On Gold And Silver, Declares CBDC’s Are Not Lawful Money
12.05.2024, 16:15 Uhr. ZeroHedge News - https: - Nebraska Ends Income Taxes On Gold And Silver, Declares CBDC’s Are Not Lawful Money Authroed by JP Cortez via the Mises Institute, With Gov. Jim Pillen’s recent signature, Nebraska has become the 12th state to end capital gains taxes on sales of gold and silver. LB 1317 is the fourth major sound money bill to become law this year, as state lawmakers...
The Land Of The Setting Sun: The Currency Crisis Of Japan Has Just Started
12.05.2024, 01:51 Uhr. ZeroHedge News - https: - The Land Of The Setting Sun: The Currency Crisis Of Japan Has Just Started By Tuomas Malinen of The MT Malinen substack On Tuesday, we shortly commented the flash crash and the (assisted) recovery of the Japanese Yen between Friday and Monday, 26-29 April, on the GnS Economic’s Deprcon Outlook. In this entry, I will detail the reasons behind the crash...
The Top 10% Are The Main Beneficiaries Of Globalization, Says Study
11.05.2024, 23:09 Uhr. GreatGameIndia - https: - According to a study by the International Monetary Fund published in The Journal of Economic Inequality, the top 10% are the main beneficiaries of globalization. The previous 50 years of economic globalization have resulted in a significant increase in the income of many people worldwide. These gains in income are not evenly distributed, though. According...
U.S. Representative Introduces Bill To End Federal Taxation On Gold And Silver
11.05.2024, 17:50 Uhr. ZeroHedge News - https: - U.S. Representative Introduces Bill To End Federal Taxation On Gold And Silver Via Money Metals, Rep. Alex Mooney (R-W.Va.) is seen at a campaign rally at the Westmoreland Fair Grounds in Greensburg, Pa., on May 6, 2022. | Gene J. Puskar/AP U.S. Representative Alex Mooney (R-WV) has re-introduced sound money legislation to remove all federal income...
Week 3: Trump On Trial, And What To Expect On Monday
11.05.2024, 16:30 Uhr. ZeroHedge News - https: - Week 3: Trump On Trial, And What To Expect On Monday Authored by Techno Fog via The Reactionary, This week of The State of New York v. Donald Trump began with Judge Juan Merchan’s threat to imprison Trump for his social media posts. Again, at the insistence of the State, Judge Merchan leveled monetary penalties against Trump for the remarks he has...
Why We Are At The Start Of A Multi-Year Gold Bull Market
11.05.2024, 15:30 Uhr. ZeroHedge News - https: - Why We Are At The Start Of A Multi-Year Gold Bull Market By Jan Nieuwenhuijs of Gainesvillecoins.com Recently the dollar gold price aggressively broke a multiyear resistance level on the back of escalating wars, worrying asset bubbles, and sticky inflation. Long term indicators show gold is undervalued under these circumstances and can easily double...
The Top 10% Are The Main Beneficiaries Of Globalization, Says Study
11.05.2024, 02:06 Uhr. ZeroHedge News - https: - The Top 10% Are The Main Beneficiaries Of Globalization, Says Study By Linda Schadler of PhysOrg The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin Lang, junior professor of political economy at the...
"The US Economic Picture Appears To Be Softening"
10.05.2024, 16:20 Uhr. ZeroHedge News - https: - "The US Economic Picture Appears To Be Softening" By Rabobank The Bank of England left the Bank Rate unchanged at 5.25% yesterday, but the clear signal from the record of votes, and Governor Bailey, is that cuts aren’t far away. This time around the vote split 7-2 in favour of holding (previously 8-1), with arch-dove Dhingra being joined by former...
As The Dollar Falters, Gold Becomes Insurance, Not Speculation
10.05.2024, 13:20 Uhr. ZeroHedge News - https: - As The Dollar Falters, Gold Becomes Insurance, Not Speculation Authored by Douglas French via The Mises Institute, Economics trumps sentimentality, and gold’s elevated price has some people raiding the family jewelry box to pay bills. “Young people are not wearing grandma’s jewels. Most of the young people, they want an Apple watch. They don’t...
Six Reasons To Own Bitcoin In Retirement
10.05.2024, 12:30 Uhr. ZeroHedge News - https: - Six Reasons To Own Bitcoin In Retirement Via BitcoinMagazine.com, For newcomers, especially those in and around retirement age, the idea of investing in or owning bitcoin can evoke reactions from skepticism to disbelief. If you look beyond the popular narratives, however, you might find there is more to the story than first impressions suggest. Here...
Visualizing Europe's GDP-Per-Capita By Country
10.05.2024, 08:46 Uhr. ZeroHedge News - https: - Visualizing Europe's GDP-Per-Capita By Country Europe is home to some of the largest and most sophisticated economies in the world. But how do countries in the region compare with each other on a per capita productivity basis? In this map, Visual Capitalist's Pallavi Rao shows Europe’s GDP per capita levels across 44 nations in current U.S. dollars...
The Catalyst For A Banking Renaissance
09.05.2024, 21:00 Uhr. ZeroHedge News - https: - The Catalyst For A Banking Renaissance Authored by Nick Giambruno via InternationalMan.com, Every day, there are over 2,000,000,000 consumer transactions around the world. Visa, Mastercard, American Express, and other large companies process many of these payments. Bitcoin, on the other hand, does not have anywhere near the capacity to handle this kind...
Biden's Handling Of Israel War Has "Tremendously Increased The Risk Of A Fresh Eruption"
09.05.2024, 18:40 Uhr. ZeroHedge News - https: - Biden's Handling Of Israel War Has "Tremendously Increased The Risk Of A Fresh Eruption" By Michael Every of Rabobank Yesterday saw the Riksbank in Sweden cut rates by 25bp to 3.75% for the first time since 2016 (as Brazil cut 25bp to 10.50% as expected, yet the BoJ opened the door to another tiny June hike). Rate cuts, and a month before the ECB is...
To Prevent A Banking Crisis, The Fed Must Cut; But...
09.05.2024, 16:40 Uhr. ZeroHedge News - https: - To Prevent A Banking Crisis, The Fed Must Cut; But... Via SchiffGold.com, In 2009, 140 banks failed, and a recent report from financial consulting firm Klaros Group says that hundreds of banks are at risk of going under this year. It’s being billed mostly as a danger for individuals and communities than for the broader economy, but for stressed...
BOE Keeps Rates Unchanged But Edges Closer To Cutting As Deputy Governor Calls For Easing
09.05.2024, 13:28 Uhr. ZeroHedge News - https: - BOE Keeps Rates Unchanged But Edges Closer To Cutting As Deputy Governor Calls For Easing With both the Swiss SNB and Swedish Riksbank starting to cut rates, many were wondering if the BOE would join the easing cycle next. And while it did not, instead keeping rates unchanged at 5.25% for the sixth straight meeting of its policymakers, in line with...
Lawmakers Urge U.S. Action To Halt China's Organ Trade
09.05.2024, 04:35 Uhr. ZeroHedge News - https: - Lawmakers Urge U.S. Action To Halt China's Organ Trade Authored by Susan Crabtree via RealClearPolitics, A group of leading China critics in Congress is urging the State Department to step up its efforts to curb Beijing’s gruesome $1 billion forced organ harvesting trade, which targets ethnic and religious minorities, including Uyghurs, Tibetans,...
Be Careful What You Wish For: Weaker Yen A Blessing And A Curse For Japan
08.05.2024, 23:55 Uhr. ZeroHedge News - https: - Be Careful What You Wish For: Weaker Yen A Blessing And A Curse For Japan By Simon White, Bloomberg Markets Live reporter and strategist A weaker yen will boost inflation in Japan, but it may do so to an undesirable extent, especially as there are growing signs price growth is becoming embedded. Be careful what you wish for. For years, Japan has yearned...
Japan Is Now Caught In A Doom Loop
08.05.2024, 20:45 Uhr. ZeroHedge News - https: - Japan Is Now Caught In A Doom Loop By Russell Clark, author of the Capital Flows and Asset Market substack Japan and Treasuries My interest in Japan dates from 1991 when I was fresh faced high school exchange student in Kobe. There are no prizes for finding me in the above photo. I was the only “foreigner” in the school, and would go days without...
Treasury Yields To Stay Sticky As Neutral-Rate Fears Loom Large
08.05.2024, 18:05 Uhr. ZeroHedge News - https: - Treasury Yields To Stay Sticky As Neutral-Rate Fears Loom Large Authored by Ven Ram, Bloomberg cross-asset strategist, Treasury yields at the back end of the curve may stay higher for longer if Neel Kashkari is right about the short-run neutral rate. Core PCE has averaged 2.9% so far this year, above the 2.6% the Fed estimated in its March dot plot...
Druckenmiller Dropped The Biggest 'F' Bomb
08.05.2024, 16:45 Uhr. ZeroHedge News - https: - Druckenmiller Dropped The Biggest 'F' Bomb By Michael Every of Rabobank F is for Fed; Biden; Trump; and the 1980s In a sea of lurid, stupid headlines today, it was billionaire investor Stanley Druckenmiller who arguably dropped the biggest F bombs via a TV interview. First: “Bidenomics, If I was a professor, I’d give him an ‘F’. Basically, they...
Forward Guidance: The Fed Sounds Like A Wizard Reading Chicken Bones
08.05.2024, 16:14 Uhr. ZeroHedge News - https: - Forward Guidance: The Fed Sounds Like A Wizard Reading Chicken Bones Authored by Mike Shedlock via MishTalk.com, Stanley Druckenmiller says the Fed should get rid of forward guidance and just do their job. I totally endorse a view by Stan Druckenmiller, the Fed Should Stop Forward Guidance. Partial Video Transcript Squawk Box: I’ve been perplexed...
Billionaire, Harvard Donor Ken Griffin Says Protesters Are Byproduct Of "Failed Education System"
07.05.2024, 17:34 Uhr. ZeroHedge News - https: - Billionaire, Harvard Donor Ken Griffin Says Protesters Are Byproduct Of "Failed Education System" Ken Griffin, the founder of Citadel and a Harvard University alumnus, was interviewed Monday evening at the Milken Institute Global Conference in Beverly Hills. During the interview, Griffin blasted protesters at woke elite colleges and universities...
Key Events This Week: Things Finally Quiet Down
06.05.2024, 16:58 Uhr. ZeroHedge News - https: - Key Events This Week: Things Finally Quiet Down After a whirlwind two weeks which saw both the latest FOMC decision and the April jobs report, not to mention the peak of earnings season when all of the top tech companies reported, the calendar takes a quieter turn after the deluge of macro events last week, and the focus shifts on whether markets can...
Elon Musk Warns Over Biden's Massive Deficit Spending
06.05.2024, 09:30 Uhr. ZeroHedge News - https: - Elon Musk Warns Over Biden's Massive Deficit Spending Authored by Tom Ozimek via The Epoch Times (emphasis ours), Tesla CEO Elon Musk has sounded the alarm on the Biden administration’s massive deficit spending, warning that unless steps are taken to slow down the growth of America’s national debt, the U.S. dollar will become worthless. President...
"Economics Works In Mysterious Ways": Is China's Wealth Effect Being Substituted?
06.05.2024, 01:51 Uhr. ZeroHedge News - https: - "Economics Works In Mysterious Ways": Is China's Wealth Effect Being Substituted? By Teeuwe Mevissen, Senior Macro Strategist at Rabobank Is the wealth effect being substituted? Summary China’s real estate market suffered heavy losses early this year while stock market investors continue to face huge uncertainty. This will add to the deterioration...
The World's Fastest Growing Emerging Markets (2024-2029 Forecast)
06.05.2024, 00:05 Uhr. ZeroHedge News - https: - The World's Fastest Growing Emerging Markets (2024-2029 Forecast) Large emerging markets are forecast to play a greater role in powering global economic growth in the future, driven by demographic shifts and a growing consumer class. At the same time, many smaller nations are projected to see their economies grow at double the global average over...
Open The Overton Window
05.05.2024, 22:20 Uhr. ZeroHedge News - https: - Open The Overton Window Authored by Jeffrey Tucker via DailyReckoning.com, You may have heard of the “Overton window.” The concept of the Overton window caught on in professional culture, particularly those seeking to nudge public opinion, because it taps into a certain sense that we all know is there. There are things you can say and things you...