Current Events Archives - Page 9 of 10

As posted on Peak Prosperity.com and the Chris Martenson's Peak Prosperity YouTube Channel In his 12/29/18 Weekly News Update, Chris Martenson discusses the volatility of markets and the role Central Banks have played in creating massive financial bubbles throughout the world. Chris Martenson, is a former American biochemical scientist and Vice President of Science Applications International Corporation. Currently he is an author and trend forecaster interested in macro trends regarding the economy, energy composition and the environment at his site, www.peakprosperity.com....

17 Dec 2018

(#452) When is This Bubble Going to Peak?

As posted on the Economy and Markets Facebook Page on 12/14/18 Harry Dent has been focusing on the trillion-dollar question in recent months, especially since the markets are so volatile now . . . and in fact, since Trump’s election, when Dent Research turned bullish! That question: When will this thing peak? The reality is, all bubbles go higher than anyone expects them to! But, history does give us a clue, and Harry shares that with you in the above video. Harry S. Dent, Jr. is the founder of Dent Research, an economic forecasting and investment research firm and publisher that works diligently to provide clients with the proprietary economic knowledge needed to accurately forecast what lies ahead in our economy so that they can take the necessary and appropriate action to ensure...

23 Oct 2018

(#417) Deficits Could Skyrocket Under Recession

Peter Schiff appears on RT on 10/16/18 to discuss the need to reduce government spending. Peter explains that people overlook the increase in the National Debt in that, although the official Budget Deficit is $780B, the National Debt increased by $1.2T during the same time period. That, Peter goes on to explain, is because a lot of what the government is borrowing, it doesn't count as part of the official budget . . . "so it actually borrows about 60% more than it is pretending to borrow". Peter Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is also the author of six books published by John Wiley & Sons. His book, Crash Proof 2.0, appeared on...

23 Oct 2018

(#414) Bubble Lasting Longer Than Expected Because Central Banks Printed More Than Expected

As posted to the David Stockman YouTube Channel on 10/22/18 David Stockman appears on Fox Business Network's "Varney & Co." to discuss the impact of the Federal Reserve's decision to drain $600B out of the bond market and, in turn, the economy. Stockman explains that the Fed will accomplish this by allowing their balance sheet, which reached $4.5T, to shrink by not reinvesting when Treasury Bonds mature . . . which is the same thing as selling bonds. Stockman goes on to say that adding $600B of debt to the $1.2T budget deficit that we already have for this year, means that $1.8T of debt is looking for a home in the bond market. It will find a home, but not at 3.2% yield on the 10...

19 Oct 2018

(#412) What is the Fed Doing?

We’re all aware that the Fed is raising short-term rates. But, as Rodney Johnson, co-editor of Boom & Bust, points out in this month’s Insight video, they’re doing something more important than that . . . (This is not an embedded clip. Ctrl+Click picture above to link to clip location) Rodney Johnson is the co-founder of Dent Research, an economic forecasting and investment research firm and publisher that works diligently to provide clients with the proprietary economic knowledge needed to accurately forecast what lies ahead in our economy so that they can take the necessary and appropriate action to ensure prosperity in their business, investment and financial affairs....

08 Oct 2018

(#405) Forecasting the Bitcoin Bubble

Jim Rickards pulls no punches about his opinion of Bitcoin and it's prospects for the future in a collage of television appearances from 2009 - 2018. James G. Rickards is an American lawyer. He is a regular commentator on finance, and is the author of The New York Times bestseller Currency Wars: The Making of the Next Global Crisis, published in 2011 as well as biennial followup books, James Rickards is the Editor of Strategic Intelligence, a financial newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital....

01 Oct 2018

(#401) The $20 Trillion Elephant in the Room

As posted to the David Stockman YouTube Channel on 9/15/18 (David Stockman starts at time marker 0:47) David Stockman is interviewed at the 2018 Sprott Natural Resource Symposium to discuss the great $20 Trillion elephant in the room which he explains is the Balance Sheets of all of the Central Banks of the world "in excess of what it probably should be in a rational, stable, historically prudent world". David Stockman is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan and as the Director of the Office of Management and Budget under President Ronald Reagan. He is the author of a number of books including "The Great Deformation: The Corruption of Capitalism in America" and, most recently, "Trumped!...

05 Feb 2018

(#260) Harry Dent Gives His Take on 2018