Billionaire Perot warns of real recession as loans dry up Gold

Billionaire Perot warns of real recession as loans dry up

June 8th, 2023 Bloomberg/Shelly Hagan and Matthew Miller/5-31-2023 “Ross Perot Jr., whose family is one of the largest independent property developers in the country, warned of a looming real estate recession if banks don’t start lending again.” USAGOLD note: As noted this morning, despite warnings from the likes of Ross Perot Jr., a...
Gold

ETF Gold Holdings Increase for Third Straight Month and Go Positive on the Year

Gold-backed funds reported an inflow of gold for the third straight month in May, flipping global ETF demand positive on the year. Globally ETFs added 19 tons of gold to their holdings in May. Gold-back funds held 3,478 tons of metal as of the end of the month. That represents a 6-ton increase on the The post ETF Gold Holdings Increase...
Gold

National Debt Surges By Over $350 Billion in One Day After Debt Ceiling Deal

I warned you. I said when the fake debt ceiling fight ended, the real problems would begin. Well, the debt ceiling fight is over, and here we are. On the first working day after the so-called Fiscal Responsibility Act went into effect, the national debt surged by $359 billion. On June 5, the US Treasury reported The post National...
Gold

Trade Deficit Spikes to Highest Level in Six Months

The April trade deficit came in at -$74.5B which was the largest trade deficit since October 2022. Figure: 1 Monthly Plot Detail The table below provides detail. Monthly Trade Deficit The increase was driven by a combined drop in Exports with a rise in Imports Specifically, Goods Imports rose $5B or 2% while Exports fell The post Trade...
Gold

Ron Paul: Congress Passes the Fiscally Irresponsible Act

With the passage of the Fiscal Responsibility Act of 2023, the fake debt ceiling fight is over. The federal government walked away from the deal with a shiny new credit card that has no limits. And what did we get? Spending “cuts” that actually increase spending and another great big tax increase. Now, you’re...
Gold

World Bank: Global Economic Growth Expected to Slow to 2008 Levels

Most people in the mainstream concede that the economy is heading for a recession, but the consensus seems to be that downturn will be short and shallow. Projections by the World Bank undercut that optimism. According to the World Bank, global growth in 2023 will slow to the lowest level since the 2008 financial crisis. The post World...
Page 1 of 1483123...

Clickbank Promo Tools
© Gold News Club 2020. All rights reserved.
Produced by Gold News Today