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2015
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Russia has reduced its Treasury Holdings 30% in 2014 and increased its gold holdings 16%. https://smaulgld.com/russias-year-de-dollarization-rebalancing-reserves/
01/24/2015
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Existing home sales were down 3% in 2014 and new home sales are at thirty to forty year lows. Yet, we are constantly bombarded with headlines talking about a real estate "recovery". After years of quantitative easing and ridiculously low interest rates, home sales remain mired in a rut. There ar...
01/09/2015
As oil plummets and gold rises, the gold to crude oil ratio has skyrocketed to levels last seen in late 2008/early 2009. It should be obvious to anyone other than the most die hard CNBC economic cheerleader that a 60% drop in the price of oil in six months is a bad sign for the economy and housin...
01/06/2015