This Is What Losing Looks Like: SchiffGold Friday Gold Wrap Oct. 14, 2022

This Is What Losing Looks Like: SchiffGold Friday Gold Wrap Oct. 14, 2022

The September Consumer Price Index (CPI) data came out on Thursday. Once again, it was...

CPI: This Game of Chicken is Almost Over

The latest seasonally adjusted inflation rate for September came in at 0.38%, dropping to 8.25%...

ECB Policymakers Argue for ‘Restrictive’ Policy Despite Recession Risk

The European Central Bank must power ahead with interest rate hikes to tame inflation and...

The Historic Deterioration in the U.S. Housing Market, As Told by 3 Charts

How did they get it so wrong? It boils down to housing affordability. Spiked mortgage...

JPMorgan Profit Falls On Investment Loss and Recession Planning

Profit at the nation’s biggest bank dropped 17% as it built up its defenses for...

Morgan Stanley Profit Slumps 30% As Deals Drought Extends

The outlook for deals has steadily worsened this year as the U.S. Federal Reserve raised...

Mortgage Rates Reach 20-Year High, Close In on 7%

The average rate on the 30-year fixed mortgage jumped to 6.92% from 6.66% last week,...

How a Cryptic Speech From 2002 Made YOUR Life Harder NOW

What was the bizarre speech from 2002 that can now be seen as a precursor...

JPMorgan CEO Warns Higher Inflation Could Push U.S. Rates Above 4.5%

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon on Thursday warned that persistent and...

‘Soft Landing’ Is Unlikely for US Economy, JPMorgan’s Dimon Says; Bloomberg

“I don’t know if it could be a soft landing — I don’t think so,...

Does Bank Lending by Itself Set Off Boom and Bust Cycles?

Popular thinking says that banks are the key factor in the expansion of credit. However,...

The Dollar: Safe Haven Or Leaky Lifeboat?

The U.S. dollar lifeboat is no longer safe for occupancy. The wait for gold to...

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