Miller on the Money: Don’t Be Fooled, Current Buybacks Are Terrible Investments

via milleronthemoney: Oh, what a tangled web we weave when first we practice to deceive! – Walter Scott When I taught in night school my professor insisted I attend a full-day conference on “Effective Teaching Methods”. The speaker list was full of well accredited academics. The morning consisted of 3-4 speakers outlining their intellectual theories. They … Read more

China Is Imploding – Yuan breaks key support vs USD… Debt keeps rising… suffers its Biggest bankruptcy Of 2018… The PBOC finally panics!

In the past 48 hours China has: – Cut its 7-day Treasury rate by 103bps – Launched quasi QE – told banks to flood the system with liquidity – Sent the Yuan tumbling – Warned more easing is coming   China – Industrial production and current account show a completely different picture from the science … Read more

Berkshire Will Not Buyback Shares! It’s Just Accounting!

via Sven Carlin: Summary The mania surrounding potential Berkshire buybacks has pushed the stock price up 5% but the effect is already fading. Berkshire will not buyback stock at these prices because that would destroy shareholder value. Buffett and Munger are just preparing for what is to come due to the recent changes in accounting policies. … Read more

The circular progress of Brexit, the predictable goal of Erdogan, the inevitable rebuttal from Barnier.

by John Ward After two days r&r in the Gironde, remarkably little seems to have changed. Fine, Parliament is now in “early recess” (real reasons a little murky) and some pairing arrangements went wrong, seemingly ensuring that we’ll still have a customs union with the EU (real reasons very grubby and muddy indeed, several sticks stirring … Read more

Copper And Gold Say A Lot About Chinese And Global Growth

via Daniel Lacalle Weakness in Copper persists, and it shows the risks to optimistic global growth and inflation expectations. But something else is happening in gold and copper apart from global slowdown and US dollar strength. THE CHINESE BUBBLE One of the ways in which Chinese firms have been trying to raise funds as credit growth slowed down … Read more

The Deep State just went all-in. This Is War.

Time to catch up on Q, the great awakening and the deep state WAR against our lawfully elected President with anons from Patriot’s Soapbox. John Brennan, James Clapper, Robert Mueller and James Comey are deep state agents rivaled only in their treachery by Hillary Clinton, Barack Obama, John Podesa and Debbie Wasserman Schultz. Brennan and … Read more

Tariffs: US filed lawsuits against allies

https://www.youtube.com/watch?v=PxTOwGpzpQE The United States filed claims with the World Trade Organization against Canada, Mexico, China, the European Union and Turkey. The lawsuits are meant to challenge retaliatory tariffs against the country. President Trump has repeatedly threatened to remove the US from the WTO. For more on this, RT America’s Holland Cooke discusses with Commissioner Bart … Read more

China Taking Action To Cool Housing Prices

by Adam Taggart Developments are underway in China that should dampen the housing market there: The practice of rectifying market order stems from a special action by seven ministries. On June 28, the Ministry of Housing and Urban-Rural Development and other seven ministries jointly issued a notice, deciding to carry out special actions to control the … Read more

Alt Energy – Wind Drought In UK

by Chris While the alt-energy promoters are busy telling (and selling) their story, often with confusing and sometimes misleading claims (such as promoting the name plate power installed rather than the actual amount of power these new devices will actually generate) the simple fact remains that alt-energy intermittency is a big issue. This week saw … Read more

The CIA “hacked democracy”?!

Key points taken from the Vault 7 Wikileaks report that shows the CIA was already deeply involved in setting up what we now know as the Russian Hacking Scandal. This is a psychological attack on the American people and serves as a distraction while they continue to take our money and energy. Follow the money. … Read more

China Launches Live-Fire Exercise Designed For Taiwan Invasion

by stockboardasset China’s People’s Liberation Army (PLA) has launched a six-day, live-fire military exercise in the East China Sea in a region that simulates an invasion of Taiwan, a move military strategist believe will send a powerful message to the United States over relations with Taipei. Geopolitical intelligence analysts told the South China Morning Post that the exercise is part … Read more

The TRUTH About Inflation & The CRASH To Come!

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news that inflation in the United States reached an 6 year high. Breaking down this news, we take a trip through the past, present and future of inflation, why it happens and what can be done. Inflation is a hidden tax and … Read more

The End Is Near For The Economic Boom

via Geoff Colvin THE OPTIMISM IS BEAMING like the summer sun. America’s big-company CEOs are bursting with confidence, in June expecting to take in even more revenue and make bigger investments than they foresaw in March, when they were more confident than ever before in the 15 years the Business Roundtable has been surveying them. CFOs are … Read more

“IS THERE AN ELECTION GOING ON TODAY?” Sarah Sanders SCHOOLS CBS Reporter Over Russia Meddling

https://www.youtube.com/watch?v=8roF8iS9DnE Today Press Secretary Sarah Huckabee Sanders press briefing over russia and putin this was filmed during the white house press conference or the white house press briefing they discussed president trump and how he interacted with putin they also discussed president donald trump and sanctions or anything to do with russia this is breaking … Read more

Economic Collapse Warning! Expert Warns Of Dollar Collapse & Devastating Stock Market CRASH!

https://www.youtube.com/watch?v=fkmAJvRdYW8 The most incredible video of the coming economic collapse and the next great depression and dollar crisis. When this bubble finally bursts, will we witness the biggest dollar collapse and stock market crash in U.S. history? “The bigger they come, the harder they fall” is a well used phrase, but I think that it … Read more