End of the First Quarter

by Jesse “Greater love has no one than this: to lay down their life for their friends. You are my friends if you do what I command… And this is my commandment— love one another.” John 15:13,17 Stocks managed to end the first quarter in very quiet trading with an afternoon rally.  Oh, well done. … Read more

One Day After Felony DOJ Charges Against FBI Agent for Media Leaks, Andrew McCabe Starts Legal Defense Fund…

by sundance Curious timing.  One day after the Department of Justice announced felony charges against FBI Agent Terry J. Albury for leaking confidential information to the media, fired FBI Deputy Director Andrew McCabe launches a legal defense fund. (Reuters Story Link) Andrew McCabe was fired by Attorney General Jeff Sessions and DAG Rod Rosenstein on the recommendation from the FBI Office … Read more

No worries kids, you’re safe: Student suspended for drawing of stick figure holding gun

by DCG The drawings of a young, suspended teen boy/WRAL photo No need to wonder if the FBI is doing their job. No need to wonder if any troubling behaviors gave local Florida law enforcement plenty of opportunities to investigate and arrest the Parkland shooter — and even take away his guns — long before he shot up Marjory … Read more

Doug Casey on the World’s First Government-Backed Cryptocurrency

Via Casey Research Justin’s note: Venezuela just introduced its own cryptocurrency. That’s right… The country battling chronic food shortages, runaway inflation, and widespread violence launched the world’s first government-backed cryptocurrency. Each one of these coins is supposedly backed by one barrel of oil, so the government is calling it the “petro.” President Nicolás Maduro claims the … Read more

Amazon Loses $53 Billion in Market Value, Becoming FAANG’s Biggest Loser

Image by iStock.com/simonkr From Elena Popina and Kamaron Leach at Bloomberg: Move over, Facebook. U.S. investors have a new punching bag among the FAANGs: Amazon.com, Inc. Facebook Inc. gave up the top loser spot to Amazon.com, which lost $53 billion in market value on Wednesday after Axios reported that President Donald Trump is “obsessed” with regulating the e-commerce behemoth. The social media giant had … Read more

Russia to Expel 60 U.S. Diplomats, Close St. Petersburg Consulate… Tensions Reach Fever Pitch… ‘New Cold War Approaching’

Russia Says It Will Expel 60 U.S. Diplomats in Retaliation for Trump’s Move U.S. consulate in Russia’s second-biggest city to be closed ‘There is no justification for this response,’ U.S. counters Russia said it’s expelling 60 U.S. diplomats and closing the American consulate in St. Petersburg and will retaliate in kind to other countries that … Read more