The Economic Storm Has Already Begun & The Brunt Of The Storm Might Hit By Year End:Lynette Zang
https://www.youtube.com/watch?v=MIJ_qCWs1T8 Today’s Guest: Lynette Zang https://www.itmtrading.com
Month: July 2018
US Dollar Hegemony Tripped Up by Chinese Renminbi?
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Um, no. Central banks not enthusiastic about the renminbi. Global central banks are not dumping US-dollar-denominated assets from their foreign exchange reserves. They’re not dumping euro-denominated assets either. And they remain leery of the Chinese renminbi – despite China’s place as the second largest economy in the world and despite all … Read more
Central Bankers Begin To Panic, Is The US Leaving The WTO
Consumer confidence slides, people are nervous about the economy. Americas spending grows faster than income. This will not end well. Inflation is inching up and when it takes off people will not be able to make ends meet. There is a report that Trump is getting to remove the US from the WTO, but Mnuchin … Read more
IWB Family Update – Together Let’s Use Our Wings To Fly Above The Mainstream Media!
Greetings IWB Family! We hope this update finds you well and happy; although, we are experiencing the pains of transformation on all levels of our existence. There is no doubt we are moving through one of the most, if not the most, challenging times in history. IWB has a new slogan, and we hope you … Read more
Rob Kirby – Fed Waterboarding Deutsche Bank
Macroeconomic analyst Rob Kirby says there is a lot you are not seeing with all the bad news coming from Deutsche Bank (DB). You’ve seen DB stock hit all-time lows, the Fed downgrading them and flunking the bank on a recent stress test. Rob Kirby says it’s much worse than you think and explains, “Basically, it … Read more
President Trump Brings Black Man to Tears!
by Thinker Henry Davis is brought to tears talking about the newest president of the United States, Donald Trump who is making great strides to “Make America Great Again” and has Davis said in his video, there are more jobs in America than every before. One only needs to get off their ass and go … Read more
This chart should scare you
From ZeroHedge: For the 29th month in a row, Americans’ annual spending grew faster than their incomes as the “no consequences” new normal rolls on, leaving the savings rate languishing near record lows – even if it did very modestly uptick in May. . . . As a reminder, the vast gap between extreme high confidence and … Read more
Third-Longest DOW Trading Streak Hits the Wall After 728 Days – What Lies Ahead?
From Birch Gold Group When a ship is trapped in thick fog near a shoreline, it relies on a lighthouse to ensure it doesn’t hit any rocks. The Administration seems like it’s ignoring the economic-“lighthouse.” Instead, they’re heading towards dangerous “rocks” while losing momentum that would allow them to steer away. The result might give the … Read more
Imminent EU Financial Crunch Could Signal Big Gold Price Jump
From Birch Gold Group When you’re on a ship that you know is going to take a hit from the equivalent of an “air-to-sea” missile, you don’t wait to try and protect yourself. The EU may be that ship, and could it take a big economic hit come March 2019 to the tune of $38 trillion in uncleared derivatives contracts. … Read more
Joe On House Oversight Committee: Trey Gowdy Knows Better | Morning Joe | MSNBC
by Thinker Can’t let Joe tear down a man you can speak the name of Jesus in public, and has shown his love for family, job, and country. What a blessing for Americans to have a man whose evidence exposed corruption which the results were a loss of job and not jail for Eric Holder … Read more