Economy

Russia’s Rebranded McDonald’s Smashed Sales Record On Opening Day

from Great Game India: The Vkusno & Tochka, which is a rebranded McDonald’s in Russia after the company fled in the wake of Russia’s invasion of Ukraine, has smashed the sales records on the opening day. According to a Reuters interview with the company’s chief executive, when Russia’s rebranded McDonald’s restaurants opened in Moscow earlier this month, they […]

G-7 Sanctions on Russian Gold Could Backfire

by Clint Siegner, Money Metals: Russia is the world’s second largest producer of gold. When the London Bullion Market Association delisted Russian gold refiners in March, many expected the move would push gold prices higher. Instead, the gold price has fallen roughly $100/oz. Over the weekend, leaders of the G-7 nations announced formal sanctions on […]

As This Crypto Stock’s Price Collapsed, Goldman, JPMorgan and Citigroup Issued Buy Ratings

by Pam Martens and Russ Martens, Wall St On Parade: When the cryptocurrency exchange, Coinbase, first offered its stock to the public on April 14, 2021, its S-1 Registration Statement that was filed with the SEC indicated that Goldman Sachs, JPMorgan and Citigroup were its financial advisors, along with Allen & Company. Most Americans would assume that […]

Global Famine Is Not Just A Theoretical Scenario Anymore

by Michael Snyder, The Economic Collapse Blog: The head of the United Nations just warned that we are heading into an “unprecedented global hunger crisis”, and people are already dropping dead of starvation in Africa.  For months I have been documenting the signs that severe food shortages were on the way, and now they have begun.  Of […]

“Winter” is coming for the West, and it is going to be apocalyptic

by Ethan Huff, Natural News: The head of Germany’s Federal Network Agency has issued a stark warning about what is soon to come for the country – and it is not pretty. Fuel shortages coupled with skyrocketing prices will send “shockwaves throughout the country,” says Klaus Müller, whose office regulates Germany’s electricity, gas, telecommunications, postal services and railway markets. […]

Technical Analysis: Gold is Building Solid Support

by Peter Chicarielli, Schiff Gold: After a big miss on the Powell/Brainard nominations in November, the price analysis has been fairly accurate. Identifying the initial breakout above $1800, mentioning that $1900 was fragile support, and last month concluding that gold had found a bottom around $1800. For the past month, gold has been consolidating within a tight range around $1850. […]