News
Four Signs That We’re Back in Dangerous Bubble Territory
As the global equity and bond markets grind ever higher, abundant signs exist that we are once again living through an asset bubble – or rather a whole series of bubbles in a variety of markets. This makes this period quite interesting, but also quite dangerous. With equity and bond markets at or near all-time [...]
Fed Lies & Propaganda Won’t Stop Gold & Silver Rise
In the aftermath of continued propaganda from the Federal Reserve, today King World News spoke with one of the top economists in the world about what the Fed is really planning. Michael Pento spoke candidly about the frightening situation the US faces and how the Fed is trapped, despite mainstream media and Fed misinformation. Pento: [...]
Before Gold Investors Got a Soft Spot for This Hard Asset …
During the past several weeks, big selling in gold by some pretty famous investing names has spooked a lot of people into unloading their own holdings or, at the very least, has kept them from adding to their existing positions. If they’re watching the headlines, it’s no wonder, really. After all, they reason, if billionaires [...]
New IRS head vows to restore trust in agency
The new head of the Internal Revenue Service told agency employees Wednesday that he would do everything in his power to restore its reputation with the public. In an agency-wide memo sent to staff on his first day on the job, acting IRS Commissioner Danny Werfel acknowledged the turmoil that has enveloped the agency, while [...]
It’s The Taxes Hikes, Not The Spending Cuts, That Weigh On Growth
Although sequestration’s spending cuts grab headlines, the tax hikes are having greater fiscal effect. Unlike the much-mentioned March 1, sequester, the tax hikes began January 1, and are permanent. The disparate impacts and disproportional reaction have everything to do with Washington’s entitlement culture – that Washington feels entitled to tax and spend. Washington began this [...]