News Story of the Day: When will gold top $2,000? Peter Schiff, the CEO of Euro Pacific Capital, says it will reach that level if Senator Bernie Sanders (I-VT) wins the 2020 presidential election. However, if the market thinks Sanders is going to win the race beforehand, then gold could exceed $2,000 before Election Day. […]
Archives for January 2020
U.S. economy expanded 2.1% in Q4, driven by consumer spending and housing market
No recession yet. The U.S. economy expanded 2.1 percent in the fourth quarter of 2019, driven by a drop in imports, a jump in consumer spending, and a booming housing market. The market had anticipated an increase of 1.9 percent. Business investment weakened significantly, which could have been caused by trade uncertainty. We should get […]
Will the Wuhan coronavirus trigger a global recession?
By: Andrew Moran Is the global economy about to catch a cold that will require Tylenol and cough medicine? Or will the international marketplace fall victim to an epidemic that will necessitate an extended hospital stay and paralyze commerce? As the Wuhan coronavirus outbreak intensifies and extends beyond the borders of China, panic is beginning to spread, […]
BREAKING: U.S. reports first person-to-person transmission of coronavirus
By all accounts, the Wuhan coronavirus is getting worse. In China, more than 170 people have died and there are more than 7,000 confirmed cases of the coronavirus. What’s worse is that the virus is spreading throughout the world, including the United States, Canada, the United Kingdom, and elsewhere. The U.S. got some bad news […]
WATCH: Ron Paul educates Jimmy Dore on libertarianism
Jimmy Dore is a funny guy. He is a Bernie Sanders progressive, but he is still a funny guy and has taken the two-party system to the woodshed. Well, he recently had on Ron Paul on an RT show he was guest-hosting. It was a discussion on libertarianism and Dr. Paul hopefully did some convincing. […]