by James Corbett, The International Forecaster:
Of the 170 currencies tracked by Bloomberg, the Russian ruble has been the worst performer of them all this year, losing 50 percent of its value in 2014 after the double whammy of western sanctions and slumping oil prices. For a country that relies on oil and gas for half of its budget revenue and a quarter of its GDP, there should be no surprise that the recent plunge in oil price is having a huge impact on the Russian economy.
So far this year t [...]
from Perpetual Assets:
Wednesday marked a monumental day in the physical silver market, at least one we have not seen in a couple of years. Not only did the US Mint suspend Silver Eagle sales, but wholesale premiums jumped considerably.
The last 3 months have shown a depressing price action in silver, namely a 25% decline. The decline has been steady, up until the last few days. I have been surprised that we have not seen an increase in wholesale premiums in the face the declining price. Well [...]
(NaturalNews) There seems to be no end in sight for beleaguered American consumers, as prices for just about everything -- especially necessities -- continue to rise.And now, that includes chocolate, which of course contains mood-boosting antioxidants. In recent weeks, Hershey's... [...]
Zero Hedge | One could see this one coming from a mile away. [...]
Breitbart | Studies on raising the minimum wage have shown that such a plan would not necessarily help Americans in poverty. [...]
Zero Hedge | Funny how history not only rhymes, but sometimes repeats itself. [...]