by Anthony B Sanders This sounds like a clip from “Austin Powers in Goldmember.” (Bloomberg) Gold’s outperformed most major assets since the U.S Federal Reserve last month raised interest rates — even bitcoin. Metal outperformed major assets since day before Fed raised rates “Since the December hike, gold is beating stocks, the dollar and bitcoin,” … Read more
by Disobedient Media While the recent cold snap that hit large portions of the United States has finally eased, the pressing issue of American homelessness shows no sign of abating. The sudden drop in temperature revealed the troubling inability, especially in southern States, to help homeless populations in extreme temperatures. It also shed light on … Read more
PHOENIX (KSAZ) – Former Maricopa County Sheriff Joe Arpaio sets his sights on our nation’s capitol. Arpaio announced he’s running for the U.S. Senate seat now held by Jeff Flake. In a tweet, he stated he is seeking the post to support President Donald Trump’s agenda “in his mission to Make America Great Again.” http://www.fox10phoenix.com/news/arizona-news/former-maricopa-county-sheriff-joe-arpaio-announces-run-for-us-senate
http://www.dailymail.co.uk/news/article-5250315/13-000-tourists-TRAPPED-Swiss-ski-resort.html Snow has blocked all roads and the train leading to resort of Zermatt, a popular ski station in the Swiss Alps There are currently ‘around 13,000’ guests at the resort, head of the train station Janine Imesch has explained Reconnaissance flight has been planned over area to determine how to deal with the extraordinary … Read more
GoPro is cutting 250 employees. Regis closing 600 salons in Walmart. The American people believe the economy is improving and they are charging like crazy as their personal savings declines. Retail is a lot worse than we are being told, there are stores that are quietly closing down in malls.Pensions are in trouble, if rates … Read more
The Trump administration is using the old wag the dog trick to distract the corporate media and the cabal from what is really going on. The fake government case against the Bundy’s is now a mistrial. The cabal is in trouble, the Pakistan terror routes are being shutdown, the IS is trapped the poppy fields … Read more
by John Rubino Peter Schiff: Twin deficits doom the stock market. Chris Martenson: The untold story of oil. Max Keiser: The US dollar is extremely dangerous to the global economy.” Stacey: “I’ve been buying gold lately.”
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter 11 days after I lambasted the outfit. Billions went up in smoke already. This is my biggest blockchain hero, and now the Securities and Exchange Commission is taking all the fun out of it. The SEC has “temporarily suspended” trading in the shares of UBI Blockchain Internet, a Hong Kong-based company whose shares … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter One of the “bigger fears”: dip buyers get burned, turn into sellers, “get an exponential move to the downside.” As far as the stock market is concerned, it took a while – in fact, it took eight years, but retail investors are finally all in, bristling with enthusiasm. TD Ameritrade’s Investor Movement Index … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What caused the biggest jump since the Financial Crisis? New Chapter 11 bankruptcies in the US more than doubled in December 2017 from a year ago to 699 filings. That jump of 362 filings from December 2016 was the largest year-over-year jump since the Financial Crisis. This chart shows Chapter 11 … Read more
Authored by Mike Shedlock via http://www.themaven.net/mishtalk, As the stock market soars to new highs, here’s some sobering statistics to consider. The stock market is at an all-time high but Americans Owe More, Save Less, and are Poorer Than in Decades. Negative Wealth Percentage On the Rise Net Worth Going Nowhere Sobering Stats A greater … Read more
https://www.youtube.com/watch?v=ykhK5tK12-w Synopsis: In the face of a lot of speculation about whether President Trump should submit to an interrogation by Special Counsel Robert Mueller, Judge Andrew Napolitano says absolutely no.
by Chris Black I must start this piece with a statement: liberalism (as in neo-comunism re-branded) is a mental disorder. Now, let’s see about today’s news. There is an organization in the United States called the Committee to Protect Journalists, or CPJ for short. Now, to put things into perspective, President Trump announced that he’s … Read more
Fund Manager David Kranzler tells Silver Doctors the economy is headed for collapse. Kranzler sees a major red flag in the stock market. Bullish sentiment of investors is extremely high. Historically, this signals a market top. Also, he explains why sub-prime auto loans are headed for collapse. As for the precious metal markets, gold and … Read more
Your credit score and report play a key role in many areas. For example, while employers can’t see your score, they can use a report to check how reliable you are as a prospective employee. Items such as prior bankruptcies, the presence of past wage garnishments, and state of any loans in default or collections … Read more
by Anthony B Sanders It is no secret that store closings have increased, some caused by on-line shopping like Amazon, or the failed wage recovery after The Great Recession (aka, the WORSE wage recovery following a recession in recent history). Now Green Street Advisory has a study on Mall Turnovers and it is grim. Across … Read more
by Anthony B Sanders The Federal Reserve doesn’t activley manage its interest rate exposure on its over $4 trillion balance sheet. Yet it purchases and sells Treasury Notes/Bonds and Agency Mortgage-backed Securities (AgMBS) in a measured way to impact interest rates. Chris Whalen has a nice writeup on Fed Chair (to be) Jermore Powell’s thoughts … Read more
I will say for the thousandth time, the stock market can continue to rise as long as central banks print money and keep interest rates historically low. Based on all the data you have seen at The Money GPS as well as other sources, do you believe the market is overbought?
https://www.youtube.com/watch?v=pNx7KEo4wdk Just what the world needs, ANOTHER standing army. However this one should give everyone pause to ask themselves it this part of a greater mission, or dream of the 3rd reich dressed up in newspeak and fancy marketing campaigns?
HEAVY snow has covered the Sahara Desert in a freak winter weather storm. More than 15 inches (40cm) has blanketed sand dunes across the small town of Ain Sefra, Algeria. It is the second time snow has hit in nearly 40 years, with a dusting also recorded in December 2016. But this snowfall which hit … Read more
https://www.youtube.com/watch?v=L42WCMmKMn4 Jim Hoft for the Gateway Pundit reports, In July 2016 Hillary Clinton traveled to South Carolina where she attacked the Republican candidates on equal pay for women. Read More/Source/Credit/FairUse: http://thegatewaypundit.com/2018/01/w…
https://www.youtube.com/watch?v=ItJAA06FAVE Today the POTUS signed into law the “400 years of African American History Commission act” http://redstatewatcher.com/article.as… Today the POTUS signed into law the "400 years of African American History Commission act"; which establishes the "400 years of African American History Commission" to plan activities commemorating the 400 year anniversary of African Americans arrival in … Read more
via gunsamerica: Posing as prohibited persons or out-of-state buyers, what happened when government agents tried to purchase guns online? The short answer. Unless they went to the dark web, they were rejected. Findings in a two-year study, conducted by the Government Accountability Office (GAO), tell the tale. The GAO report states, “All of our attempts to illegally … Read more
by Anthony B Sanders Real GDP growth is above 3%, unemployment rate is near 4%, and other economic indicators are flashing green. Yet, I have an unpeaceful, uneasy feeling. Chapter 11 (bankruptcy) filings are rising and are back to Great Recession levels. Another indicator, commercial and industrial lending from commercial banks, is approaching a flat stall. … Read more
Gotta love Britney calling out Oprah So Oprah Winfrey made headlines at the 75th annual Golden Globes last night for saying during her acceptance speech that, “Speaking your truth is the most powerful tool we all have.” “Your truth.” Not “the truth.” The “truth” doesn’t depend on you one tiny bit. There’s the truth, and … Read more