Brexit may not be the reason for all the market action we have experienced in the last few weeks. With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about the grand illusion, $80,000 gold and a worldwide nightmare.
Homeownership is at an All-Time Low – and Good Luck Getting a MortgageContrasting recoveries in home equity and mortgage debt say a lot about why homeownership is still complicated. It’s good news that homeowners have spent the years since the crisis repairing their balance sheets—and that lenders are more prudent. Since Munze Osterreich, or the Austrian Mint in English, only publishes its annual report in July of each year, we had to wait a few months to see the granular details behind these sales numbers. Texas Shale Oil Has Fought Saudi Arabia to a StandstillOrion Drilling Co’s Perseus rig in Webb County, Texas. The Saudi-led Gulf states have certainly succeeded in killing off a string of global mega-projects in deep waters. North America’s hydraulic frackers are cutting costs so fast that most can now produce at prices far below levels needed to fund the Saudi welfare state and its military machine, or to cover Opec budget deficits. Indianapolis -- There isn't going to be much change on the Packers' roster this off-season, especially on offense.
Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires.


The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music.
Our roundtable guests talk about their roles as agents and being acknowledged by their clients.
The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll.
As you will see below, the average rate of economic growth since the last recession has been the lowest for any “recovery” in at least 67 years. After all, 72% of eligible voters in Great Britain went to the polls and 49% voted “Leave” while 47% voted “Remain”. But with the homeownership rate falling to a 51-year low, it’s worth a closer look at the story behind the levels of debt and equity, shown on this chart. Now that the Austrian Mint’s 2015 Annual Report has been published, the detailed sales figures are as follows. Twenty months after Saudi Arabia took the fateful decision to flood world markets with oil, it has still failed to break the back of the US shale industry. Investment in upstream exploration from 2014 to 2020 will be $1.8 trillion less than previously assumed, according to consultants IHS.
But , there is a reasonable chance Green Bay loses its all-time receiving leader, Donald Driver.


NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, OR FUTURES. Just looking at the US election and the candidates, it seems like total fantasy from this side of the Atlantic.
ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.
And last week we also learned that the homeownership rate in the United States has dropped to the lowest level ever. Older, middle-class citizens showed up and voted “Leave” while the Elite and the younger voters, (along with the Scots and Northern Irish) showed up less and voted “Remain”.
And for those of us struggling to make appropriate investment decisions, an understanding of how the financial press works is an essential part of good investment strategy, offering a great window into investor sentiment.



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