by Egon von Greyerz Many emerging markets are now turning to submerging markets as country after country is experiencing falling economies, currencies and stock markets. The currency is often the best indication of a country’s economic health. Just look at these six currencies submerging into obscurity: CURRENCY CONTAGION IS SPREADING But these are just some … Read more
Do you believe that pensions will be CUT in Illinois? If you are located in Chicago, or Illinois for that matter, and you think you will get your pension one day, I have a newsflash for you. The system is so overburdened and indebted that the only possible solution the government can provide to … Read more
J. Paul Getty said it best, “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the banks problem.” But when that debt has been turned into a product and sold back to the public…We all have a problem. What can you and I do? The same thing … Read more
From Jim Rickards, Editor, the Daily Reckoning: Several years ago, I began warning my readers that a global trade war was likely in the wake of the currency wars. This forecast did not seem like a stretch. It would simply be a replay of the sequence that prevailed from 1921–39 as the original currency war started … Read more
https://www.youtube.com/watch?v=K_izHCh-Fqk Mike Papantonio and Trial Magazine Executive Editor Farron Cousins discuss hearings in D.C about the banning of dissenting viewpoints from social media outlets and Justice Dept. announcement that they would be meeting with State Attorney General’s to discuss the legality of these bans, and whether or not there needs to be tighter regulation of … Read more
The double standard of legacy media that overlooks the crimes of Clinton and Obama while accusing Trump of crimes without evidence is the clearest indication legacy media is controlled — and weaponized — by the Democrats. https://twitter.com/zachhaller/status/1039897629004423168 Zach Haller just dropped this article – “The Catch-22s of Trump-Russia Collusion — and Why The Media Ignores … Read more
WEIRD HOW THIS ISN’T GETTING MUCH PRESS EXCEPT ON DRUDGE: WHY ARE DEMOCRATS SO VIOLENT? California Man Arrested After Trying to Stab GOP Candidate, Police Say: California man Farzad Fazeli was arrested Tuesday for allegedly trying to stab a congressional candidate at a fair on Sunday, police said. Local media identified the candidate as Republican Rudy Peters, who is … Read more
Trump signed an executive order to sanction anyone that interferes with the US election.JW is suing the government for the emails on Weiner’s laptop. Jeff Session looking to investigate social media giants. Grand Jury indicts the NM compound individuals. The deep state is pushing their agenda in Libya attacking the oil facilities. Syria making trade … Read more
via GPC Yesterday’s piece generated a lot of interest, so we’re going to develop this theme some more. The key item of note is that while US stocks are holding up, the Fed’s hawkishness has already blown up much of the global financial system. In particular, Emerging Market Stocks have already entered full-blown bear markets. … Read more
via Megan Henney The U.S. economy is beginning to show signs that it’s ready to roll over into the next recession, according to David Stockman, the former budget director for President Ronald Reagan — and if you have money invested in the markets, you should consider taking it out. “What you do is, you put it … Read more
by John Ward MP Sarah Wollaston quite rightly wants the police to do more about (and tighten up the prosecution of) potentially dangerous stalkers. But now the crime includes “Cyber abuse”, her Private Member’s Bill is too lax in its definitions about what stalking is, and police guidelines on priorities. Equally worrying, a majority of those … Read more
via reason: Ian Millhiser, justice editor at ThinkProgress, is upset that The Weekly Standard—a right-of-center magazine whose editors have been granted the power to formally factcheck articles for Facebook—recently labelled one of his articles “false.” But the claim made by the article’s headline—”Brett Kavanaugh said he would kill Roe v. Wade last week and almost no one noticed”—is at … Read more
Marxism is in effect in the EU. Vote with us or lose your right to vote. Guess the EU are Nazis? No taxation without representation. h/t SuperCharged2000
by Simon Black One of our major themes this year has been avoiding big mistakes… Mostly, we’ve been talking about avoiding assets that are irrationally expensive (like most stocks and real estate today). And we’ve been discussing ways to raise cash and diversify outside of traditional investments to protect your capital. But now that you have … Read more
Chinese film star Fan Bingbing has been ranked last in a report judging A-list celebrities on how “socially responsible” they are, fuelling further speculation about the whereabouts of the actress, who has not been seen in public for more than two months. via BBC: Chinese film star Fan Bingbing has been ranked last in a … Read more
BUT THE JUST-ESTABLISHED NARRATIVE! h/t SG
Might come in useful to some folks. Good luck to all affected. I pray you won’t have to use Tweet from the governor of north Carolina. https://twitter.com/NC_Governor/status/1039674070147780608?s=19 h/t jimboconker77
[snip] ___________________________ “Technocrats at the TSA have no regard for privacy or for their contribution to the creation of a police state. Their sales pitch stresses convenience and speed of check in. However, if TSA has not already created a convoluted system in the first place, such convenience would be moot. Nevertheless, the TSA says, … Read more
By Chris Black We live in very interesting times ladies and gents, and today there were 2 major news-related events, which made my skin crawl. And I am very serious about this, because both “happenings” are going to influence our lives in a significant way for the years to come. If nothing changes, the ‘interwebz’ … Read more
from Zero Hedge The latest computer forecasts from Tuesday afternoon have predicted that Hurricane Florence, still a Category 4 yet growing larger and more powerful, may shift and hit somewhere near the border between North and South Carolina as coastal residents flee what may be the most powerful hurricane to hit the state in 64 years, according … Read more
by northmantrader Welcome to Chart Chatter where we discuss various technical charts we find of interest. We cover indices, signals and stocks on different timeframes highlighting different technical techniques we use over time. We’ll focus on key observations we find relevant which readers may find of use for their own trading. We do not present these … Read more
Worrisome, but there’s time to mount a defense: https://tinyurl.com/yabfp743
via mises.org: In his speech on April 7 2010 at the Economic Club of New York the President of the New York Fed, William Dudley argued that asset bubbles pose a serious threat to real economic activity. The New York Fed chief is of the view that the US central bank should develop effective tools to … Read more
This week was Xi Jinping’s big Africa moment, the Forum on China Africa Cooperation or FOCAC. Maybe you didn’t hear about it a lot because the PRC was counterprogramming against the West’s debt trap diplomacy talking point with some success. And maybe you did hear about China’s plot to kill us all with bird flu. … Read more
by TFittonJW Great Judicial Watch interview with Harris Faulkner: More: http://insider.foxnews.com/2018/09/11/tom-fitton-new-strzok-page-texts-robert-mueller-investigation-needs-be-shut-down