Road to Depression

One in three jobs will be taken by software or robots by 2025!

ORLANDO, Florida (PNN) - October 6, 2014 - Gartner sees things like robots and drones replacing a third of all workers by 2025, and whether you want to believe it or not is entirely your business.

Road to Depression

Euro zone manufacturing at 13-month low!

BRUSSELS, Belgium (PNN) - September 1, 2014 - The rate of expansion in euro zone manufacturing production eased to its lowest during the current 14-month growth sequence in August, as companies faced slower increases in both total new orders and new export business.

Road to Depression

Petro-dollar era is officially over as Gazprom begins sales in yuan and ruble!

MOSCOW, Russia (PNN) - August 27, 2014 - Today will officially go down as a red-letter day in the history of reserve currencies and dollar hegemony in how oil and gas are purchased throughout the world. In a new announcement from the Russian business media source, Kommersant, Gazprom has conducted the first sale of oil in a currency other than the dollar, and will henceforth open their

Road to Depression

Spain dips 37% into Social Security!

At current rate fund will be depleted in 4 years.

MADRID, Spain (PNN) - August 21, 2014 - The "recovery" news in Spain keeps piling up. Via translation from El Economista, government has already taken 37% of the total pensions piggy bank. If extractions continue at the current rate, the fund would be exhausted in 4 years.

Road to Depression

Ron Paul says gold could go to infinity!

NEW YORK (PNN) - August 2, 2014 - This week, former Congressman Ron Paul said gold could go to infinity. Many people will be tempted to buy gold based on his prediction. It’s certainly exciting to think about the upside, the profit potential. Who doesn’t want to buy whatever’s going up? However, in the case of gold, there is a serious error in this thinking.

Road to Depression

Gold hits $1300 and silver surges to 3-month highs!

NEW YORK (PNN) - June 19, 2014 - Gold and Silver are surging today with the latter having its best day in months and back at 3-month highs. Intriguingly, gold and silver have been on a significant tear since the Qingdao CCFD probe began while copper and iron ore and so on have all fallen.

Road to Depression

FPSA banks preparing to charge customers for deposits!

NEW YORK (PNN) - June 6, 2014 - In the week that the European Central Bank cut its deposit rate for banks from zero to -0.1%, economist Martin Armstrong warns that negative interest rates are coming to the Fascist Police States of Amerika, meaning that Amerikans will be forced to pay just to keep their money in the bank.