Month: August 2018

by Shaun Richards Over the past few days we have seen the expected height of summer lull punctured by events in Turkey. This morning there has been a signal that this has become a wider crisis as our measure of this the Japanese Yen has rallied to 110.2 versus the US Dollar. It has pushed … Read more

The more I watch Obama and all his cronies the more I respect Jimmy Carter. At least Carter seems like he gives a damn about the average American.   BBT

The fact the Cryptos are taking a hit here tells me that trouble may be building in Stocks. I would expect Cryptos, Gold, and Silver to stage a rebound relatively soon especially if stocks fall. Keep an eye out.   Expect a near total media blackout with regard to the Currency/Economic crash in Turkey. I … Read more

by Michael Snyder We haven’t seen emerging market currencies crash like this in over a decade, and analysts are warning that if this continues we could witness a devastating global debt crisis.  Over the past decade, there has been an insatiable appetite for cheap loans in emerging market economies, and a very substantial percentage of … Read more

by Michael Snyder If you could live forever, would you do it? Throughout history, money has allowed the elite to buy just about anything they want – except an escape from death. Many super-rich individuals are deeply haunted by the knowledge that they have spent their lives working incredibly hard to accumulate vast amounts of … Read more

via The Bear Trap Report *LIRA DROPS TO NEW RECORD AS TRUMP STEPS UP TARIFFS ON TURKEY *TRUMP AUTHORIZES DOUBLING OF TARIFFS ON TURKEY STEEL, ALUMINUM *USD/ZAR SURGES 2.1% TO 14.3829, HIGHEST SINCE NOVEMBER 2017 *Indonesian rupiah, the currency at its weakest level since October 2015 *India rupee, implied Currency Volatility Surges 10% *India rupee … Read more

by stockboardasset Ford Motor Credit Company LLC (“Ford Credit”) filed additional court documents with the Northern District of Texas last week, claiming Reagor-Dykes Motors, LP and other related Debtors entities ran “the largest floor-plan-financing frauds in the history of the United States.” Ford Credit is asking the U.S. Bankruptcy Court to appoint a trustee to manage the … Read more

by Jesse Colombo Though Turkey’s financial markets have been struggling since the start of this year, the country’s currency and government bonds have been in an all-out freefall in the past week. A political clash with the United States caused the lira to lose approximately one-third of its value against the U.S. dollar in the last week … Read more

from Financial Survival Network Robert Cheney, CEO and Director of our new sponsor C21 Investments, is bullish on the Cannabis industry’s growth. It’s no secret that the industry is expanding rapidly and Rob is expecting it to grow from $11 billion per year now to $23 billion in 3 short years. The company is ideally positioned to … Read more

from Financial Survival Network John Rubino is back… There’s a number currencies that are currently dissolving. Argentina, Venezuela, Iran, Pakistan and Russia. The Yuan has been plunging and the dollar has been rising. It’s hard to understand the irrationality of it all. But this is what it looks like when the system starts melting down or up. … Read more

by stockboardasset The Australian household debt to income ratio has ballooned to shocking levels over the past three decades as Sydney is ranked as one of the most overvalued cities in the world. According to the Daily Mail Australia, credit card bills, home mortgages, and personal loans now account for 189 percent of an average Australian household income, … Read more

by stockboardasset According to the latest numbers from Acadata Ltd., a housing bubble in the UK is steadily deflating due to the economic uncertainties surrounding Brexit, along with tighter monetary conditions via the Bank of England, which could alleviate lingering affordability issues. British home values fell for the fifth straight month in July, the longest stretch of declines … Read more

via Charles Gave While the Trump administration may crow endlessly about how swell the economy performed last quarter, that 4.1% GDP print will quickly become a wistful memory.” -BERNARD BAUMOHL, Economist at the Economic Outlook Group Towards the tail-end of July, the Commerce Department reported that Gross Domestic Product (also known as GDP), or the total … Read more

by Jesse   “For we wrestle not against flesh and blood, but against principalities and powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” Ephesians 6:12 Thomas More: (With a sudden, contemptuous sweep of his arm)  These are terrors for children, Master Secretary-an empty cupboard to frighten children in … Read more

From Birch Gold Group This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Turkey’s currency crisis is breathing new life into gold, pension crisis could be good for gold, and why gold is not in a bear market. Turkey’s currency crisis breathing new life into gold According to … Read more

During the Swamp Watch segment on the Sunday broadcast of his Fox News Channel show, “The Next Revolution,” Steve Hilton discussed the Government Accountability Institute’s new book, Compromised: How Money and Politics Drive FBI Corruption. The book details how former FBI Director James Comey and special counsel Robert Mueller have both “made millions” by selling out their … Read more

via Callum Thomas Given the swiftly changing picture in global markets, this is a key chart to keep on your radar.  In fact, I like this chart so much that it actually featured in my top 10 charts to watch for 2018 back at the start of January.  What it shows is the proportion of the 70 … Read more

UK housing home values have now declined for five consecutive months in a row. The real estate bubbles around the world are popping. The entire central bank economic recovery illusion is now coming to an end, the economy will continue to deteriorate and eventually collapse. The economy is falling apart and and Kim Dot Com … Read more

Peter Strzok has been fired. Omarosa says she has recordings of Trump saying the N word but this story is starting to fall apart. This entire show that we are watching might be a plan to trap the deep state and the MSM. A 2011 report from FB shows that they believe they can change … Read more