There are cycles that occur which make it possible for us to track in order to predict the movement of the stock market. As time goes on, we see the markets entering levels that are unsustainable. Every indicator is off the charts. Everything is completely out of whack. But have no fear because the financial … Read more
by Charles Hugh-Smith What if bitcoin is a reflection of trust in the future value of fiat currencies? I am struck by the mainstream confidence that bitcoin is a fraud/fad that will soon collapse, while central bank fiat currencies are presumed to be rock-solid and without risk. Those with supreme confidence in fiat currencies might want … Read more
By Michael Snyder One of the things that I love about Bitcoin is that the fun never seems to end. On Sunday, Bitcoin futures began trading on the Chicago Board Options Exchange for the first time ever, and within minutes the CBOE’s website crashed. What a perfect metaphor. Bitcoin and other cryptocurrencies are completely and utterly disrupting … Read more
by Michael Snyder We have never seen a year like this in the history of the state of California. Yes, there are large wildfires in California every year, but this is one for the record books. Well over half a million acres have already been burned, and we still have three weeks remaining in 2017. At … Read more
by Lance Roberts Review & Update No Risk Of Recession Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Review I have been traveling a lot the last couple of weeks, so a big “Thank You” goes to Michael Lebowitz for “pinch hitting” for me. This week, I just want to review a couple of things … Read more
Catherine Austin Fitts, who was also an Assistant Housing Secretary in the first Bush Administration, talks about the Mueller/Trump investigation that she says is twisting in the wind and also the gun control and why Americans need firearms now more than ever. Fitts also says a large market correction will probably happen in 2018. Join … Read more
Exuberant stock market, disappearing middle class, history repeats itself [ A 32-year-old mother of 7 children called Florence Owens Thompson, Nipomo, California. February 1936.] One in five American households have ‘zero or negative’ wealth U.S. homes have regained value since the Great Recession, but many households have not Millions of Americans are living on the … Read more
by Mark Angelides As the election for the seat in Alabama draws ever closer, the Republican candidate Roy Moore has been holding his own in the polls. Despite the numerous accusations of sexual misconduct against him, many polls still point to a narrow lead. There is no denying that the accusations have been holding down his … Read more
BY SRSROCCO The U.S. economy continues towards an epic crisis while the overwhelming majority of analysts are completely in the dark. Even though some alternative media analysts understand that our highly leveraged fiat monetary system and markets will crash, they fail to understand the underlying reasons. Thus, we are heading into a future we are not … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come. Steinhoff International Holdings – which acquired nine companies in the past two years, including Mattress Firm Holding in the US, and which presides over a cobbled-together empire of retailers and assorted other companies in … Read more