Month: June 2018

What inflation means for gold prices

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What I can say with full confidence, though, is that prices will rise – for producers and consumers alike – which is good for gold but a headwind for continued economic growth. From Frank Holmes at Frank Talk: Higher Inflation Has Historically Meant Higher Gold Prices The good news in all this is that higher inflation … Read more

Schultz: The $21 Trillion U.S. National Debt Is the ‘Greatest Threat… Total U.S. Public Debt & Interest Expense Hit a New Record High

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Howard Schultz: The $21 trillion national debt is the ‘greatest threat domestically to the country’ – CNBC Howard Schultz rips Democrats for veering too far left from CNBC. “I think the greatest threat domestically to the country is this $21 trillion debt hanging over the cloud of America and future generations,” Schultz tells CNBC. He … Read more

Cable News: Everything Is ‘Constitutional Crisis’

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The Chicken Littles of cable news are in a full-scale panic over the latest fantasy disaster that hasn’t happened yet. Over the weekend, TV talking heads burst into flame in anticipation of the supposed “constitutional crisis” that might ensue if President Trump were to pardon himself – which he has not done, and which his … Read more

Personal Savings Rate down to 2005 levels

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by wanmoar This is a chart of the % of disposable income put toward savings in the U.S. compared to inflation and prevailing 3 month CD rates. Personal Saving as % of Disposable Income Infogram As is clear, it was a secular downtrend until Q3 2005 starting what was to be an 8 year upward drift to … Read more

Cali Border Wall Gets ‘Anti-Climbing Plate’ Upgrade

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https://www.youtube.com/watch?v=On2jqEP2Qso Jack Davis for the Western Journal reports, A 14-mile section of the current border wall between the U.S. and Mexico will be replaced with a section that features a vertical “anti-climbing” plate to help reduce the number of illegal immigrants crossing into America from the porous Southern Border. Read More/Source/Credit/FairUse: https://www.westernjournal.com/cali-b…

U.S. Senate Majority Leader Mitch McConnell canceled the Senate’s traditional August recess, citing Democrats’ “historic obstruction” to pass legislation.

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Watch the latest video at foxnews.com Senate Majority Leader Mitch McConnell announced Tuesday that he’s canceled most of the chamber’s traditional August recess, citing Democrats’ “obstruction” and the need to pass spending bills. In a brief written statement, he said: “Senators should expect to remain in session in August to pass legislation, including appropriations bills, … Read more

BEN SHAPIRO: Are Democrats Blowing It?

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Are Democrats Blowing It? Instead of playing nice with Trump, while stoking the flames of anti-Trump ire with their base, Democrats promised a deus ex machina: Trump would flame out, retire, be impeached, be prosecuted by Robert Mueller for Russian collusion, and all the rest. Trump wasn’t merely a bad guy — he was the … Read more

Maxine Waters Freaks OUT

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Published on May 11, 2018 Maxine Waters suffers a vicious verbal beatdown at the hands of Pennsylvania Rep. Mike Kelly when he compares her intelligence to that of a ‘clock radio.’

Nobody knows where the next crisis will erupt… here’s how to prepare

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by Simon Black http://traffic.libsyn.com/sovman/2018-06-04.mp3 Last week, Paolo Savona, an Italian man no one outside the country had ever heard of, was denied the position of finance minister. Italy’s President denied his appointment because Savona is anti-euro. The President believes Italy should remain part of the euro. I wrote a Notes about the entire situation last week. … Read more

Ron Paul Sums Up The World In Six Vicious Circles

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Ron Paul shared the following post… Vicious circle number one… Here are five other vicious cycles: Invade a country —> Destroy the country —> “Well, we can’t leave now.” —> Repeat Government redistribution —> Poverty increases —> Government redistribution —> Poverty increases —> Repeat Government failure –> Increase their budget –> Government failure —> Increase their budget —> … Read more

Are We Sleep Walking Into The Next Financial Crisis?

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by Kevin Muir of The Macro Tourist Quick – the United States suddenly backtracks on half century of globalization and enters a trade war with almost all of its trading partners – do you buy or sell equities? And how about bonds? Don’t mistake this question as me going full tinfoil-hat – I know we are far from a trade … Read more

Liberal utopia: Nearly half of Bay Area residents say they want to leave

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by DCG The streets of the Bay Area: Literally a sh*t hole… This story largely speaks to the incredible cost of housing in the Bay Area and says that the big problems are “exclusively” the cost of housing. Don’t forget the other issues: Public defecation, urination & drug use in BART stations as well as urination and defecation on public streets. That … Read more

Democracy Is Fighting For Its Very Survival Against The Rise Of Western Authoritarianism

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by Paul Craig Roberts of PaulCraigRoberts.org Democracy Is Fighting to Survive the Rise of Western Authoritarianism The European peoples whose governments were paid to sell out the sovereignty of their nations to the EU are experiencing great difficulties in being permitted to govern themselves. As the result of Italians’ frustration with the self-serving elite who have ruled Italy … Read more