by John Rubino The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish. Neither imbalance has amounted to much in terms of price action, so it’s not clear whether the most recent changes matter. Still, the … Read more
via UPFINA: The economy is seeing a modest pickup in inflation even as GDP growth slowed to 2.3% in Q1 of 2018. That puts the Fed in a difficult position as it balances the dual mandate of having stables prices and maximum employment. One of the latest critiques of the Fed is that by raising … Read more
via St. Louis Fed: As baby boomers age, significant debate has emerged about whether there is a retirement crisis developing in the United States. Some argue that the retirement situation is poor for many Americans, with many approaching retirement age with little or no savings. However, others describe the situation as better than commonly thought, … Read more
Ground beef represent many industries in America 2017 – median income $59,055 2007 – median income $50,223 The 2017 income buys 15,917 lbs of ground beef The 2007 income bought 22,932 lbs of ground beef ~9k more buys you 7,000 lbs less https://twitter.com/OccupyWisdom/status/992860024144912384 Avg home sale in the US 2007 ~$240k Avg home sale in … Read more
by idealdreams I’ve encountered many people, both in my personal life and online, that insist upon using a debit card for their purchases, instead of using a credit card — either because they don’t yet have one, or because they have some fear of using a credit card. There are literally no cons to using … Read more
From Birch Gold Group It might be time to start evaluating whether major banks are the right place to keep your money. Why, you might ask? Another big bank, Wells Fargo, is getting investigated… again. And this bank is no stranger to unethical practices… A 2016 “fake accounts scandals” and payment of a $1 billion fine for auto and mortgage … Read more
by visualcapitalist From the beginnings of General Motors Acceptance Corporation to the introduction of the Diner’s Club charge card, the history of credit has been filled with game-changing innovations. Today, new innovations in tech are continuing to shape the consumer credit industry – and with U.S. consumer debt sitting at $13 trillion, these changes could play a role … Read more
by visualcapitalist The 10 Wealthiest Countries The Chart of the Week is a weekly Visual Capitalist feature on Fridays. According to market research company New World Wealth, the world has accumulated $215 trillion in private wealth, a 12% increase over the last year. Incredibly, the vast majority of this wealth – about 73.5% – is held by just 10 … Read more
by Chris Kimble CLICK ON CHART TO ENLARGE This chart looks at the Dow Jones Transportation Index over the past 25-years on a monthly basis. The trend for Transports is up and nothing of late has changed the long-term trend. Transports are testing 3-year rising support at (1) with momentum at levels heights only seen three other times … Read more
by Ruby Henley There is world panic as President Trump edges closer to May 12 – the deadline date of the possible withdrawal from the Iran Deal. While President Trump awaits May 12 with the probability of withdrawal from the accord, John Kerry is meeting with world leaders in an attempt to save the Deal. … Read more
by Ruby Henley This is a huge development. We are looking at catastrophic news, and it is happening now on May 5, 2018. The following is a livestream of seismic events: At the same time, lava is flowing in the streets. Parts of the Big Island of Hawaii are being evacuated after Kilauea Volcano spewed … Read more
https://www.youtube.com/watch?v=T_MsqOZuRzg https://www.seattletimes.com/seattle-news/politics/12-million-per-mile-for-a-bike-lane-that-should-trigger-a-civic-heart-attack/
By John W. Whitehead “Big Brother does not watch us, by his choice. We watch him, by ours. There is no need for wardens or gates or Ministries of Truth. When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form … Read more
For More Information See: https://en.wikipedia.org/wiki/Sergey_… https://www.youtube.com/watch?v=vQkKd… http://www.theweek.co.uk/93152/youtub… https://www.theverge.com/2018/4/28/17… https://www.nextgov.com/it-modernizat… https://www.nextbigfuture.com/2018/04… http://nationalpost.com/news/world/th…
by John Rubino In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something like, “For a glimpse of America’s future, take a look at Argentina, where they’re eating cats and dogs because of hyperinflation … wait, no, I … Read more
by Daniel Carter There is no doubt that the internet is filled with enormous mobs of left-wing ideologues waiting to display their supposed moral superiority. Whenever someone says or does something that may be received as remotely offensive, leftists show their “tolerance” and “open-mindedness” by berating them online. It’s not a couple leftists, or hundreds of … Read more
by Daniel Carter Last week, North Korean leader Kim Jong-un shocked the world by coming together to talk about a peace treaty with the Western ally and leader of South Korea, Moon Jae-in. This was a surprising move by the North Koreans considering the fact that they were threatening the US with nuclear missile strikes only … Read more
by howmuch Auto insurance companies portray themselves as friendly and forgiving in television commercials, but they are less friendly than you might think. After filing just one claim, car insurance premiums increase by an average of 41.81%, according to an annual study by insuranceQuotes and Quadrant Information Services. Just how much insurance rates are increased depends … Read more
by Ruby Henley I will be discussing the alarming escalation of aircraft incidents currently in the news. While the United States copes with many threats in the world today, what I am about to report is by far a chilling development. China has actually fired military-grade lasers targeting U.S. aircraft flying near a U.S. military … Read more
“We’re just seeing history repeat itself,” Mannarino says. “The markets run in cycles.” “The last time we were in this same spot was 2008 just at the top of that bubble. The time prior to that was at the dot com bubble.” The yield curve is flattening out, which is a sign we’re heading for … Read more
By Bob Shanahan Is the American economy becoming great again under the Trump administration’s pro-business economic policies, prolonging this extended recovery following the 2007-2009 recession? Are wages finally beginning to inch upward? Is inflation getting out of control? Will a possible trade war impact job growth in the U.S.? And will the new tax system … Read more
https://www.youtube.com/watch?v=YEnddQQsamk “WE DON’T CARE ABOUT ANYTHING ADAM SCHIFF HAS TO SAY” SARAH SANDERS DESTROYS FAKE NEWS REPORTER Today Sarah Huckabee Sanders Delivered A Blow To A Fake News Reporter (5/1/2018) this is news today and today news it is also latest news and breaking news this was taken from the white house press conference and … Read more
by David Haggith We are now well into the year when I said stocks would plunge in January and would prove to be a gaping “crack” in the economy by summer, and look at how seriously the market has fallen apart since it started to drop in the last week of January: It was just … Read more
by Chris Black America is a country drowning in debt, slowly but surely, and the United States’ trillion dollar (annually) military-industrial complex, as Eisenhower put it more than half a century ago, is part of our national disaster. Before going all MAGA on me, just answer this question: when was the last time the US … Read more
