The Marijuana Tax – How Did it Become Illegal & Why?

by Martin Armstrong   Marijuana has been prejudiced over the years by people who have never understood the risks and because there was concern that marijuana might compete with the paper industry. There was a campaign waged against marijuana that was born out of an anti-immigration movement against Mexicans. The Mexican Revolution began in 1910 and ran … Read more

Fear of Inflation & Sterilization

by Martin Armstrong QUESTION: Mr. Armstrong; you were friends with Milton Friedman. Do you agree with his view that the Great Depression was caused in part by the Fed refusing to expand the money supply? Isn’t Quantitative Easing expanding the money supply yet it too has failed to create inflation. Would you comment on this paradox? … Read more

Auto sales, Lumber, Rail loadings, Global survey, Profits comments, Las Vegas Real Estate, Central Banks buying gold

by WARREN MOSLER This has been know to be associated with the housing cycle: Framing Lumber Prices Down 30% Year-over-year This has taken a dive recently:   Global economy enters ‘synchronised slowdown’ (F) The global economy has entered a “synchronised slowdown” which may be difficult to reverse in 2019, according to the latest update of … Read more

If Evidence Of Gold & Silver Manipulation Isn’t Enough For Charges, Maybe Govt Is The Perp?

by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: In commentary posted SilverSeek, silver market analyst Ted Butler reports confirmation from former Commodity Futures Trading Commission member Bart Chilton that JPMorganChase assumed from the collapsing investment bank Bear Stearns a massive short position in silver and has been allowed to manipulate the … Read more

Rep. Nunes Files $150 Million Lawsuit Against McClatchy News Alleging Conspiracy

House Intelligence Committee ranking member Devin Nunes filed a $150 million lawsuit in Virginia state court against The McClatchy Company and others on Monday, alleging that one of the news agency’s reporters conspired with a political operative to derail Nunes’ oversight work into the Hillary Clinton campaign and Russian election interference. The filing, obtained by … Read more

Global Gold Demand to Hit Four-Year High in 2019

From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold demand will hit a four-year high in 2019, gold ready to break out due to numerous tailwinds, and why the long-awaited silver boom could be right around the corner. Metals Focus: Gold Demand … Read more

Pentagon’s Orwellian Madness: US Invades Iraq, Incites 60% Shiite Population, Blames Iran For Killing 608 US Troops!

via antiwar: When the Pentagon starts throwing around estimates of who got killed and how in its assorted wars in the Middle East, they are often wildly inaccurate. Nowhere was this more apparent than a new briefing this week on estimates in the 2003-2011 Iraq War. Designed for Special Envoy Brian Hook to give hawkish … Read more

Jim Grant – Hedging and hedge funds

Grant’s Interest Rate Observer Podcast, Released on 4/8/19 Barclay Leib (@btl0823) founder and principal of Sand Spring Advisors, LLC, comes by the office to discuss asset allocation, forensic accounting and Wall Street history. 1:44 Rules for selecting fund managers 5:40 Where does “edge” come from? 8:18 Fun and games in fund returns 12:17 The famous … Read more

1 in 10 Japanese Adults in their 30s Remains a Virgin

The first national estimate of the virgin in Japan discovered an increasing rate of young adults with no history of heterosexual vaginal intercourse. After a comprehensive study of national fertility survey data, the University of Tokyo’s public health experts came to understand trends in sexual experience over the past three decades. The leader of the … Read more

US points tariff cannon at EU-Ready! Aim!…and markets yawn; US futures flat this morning

by QuantalyticsResearch US Stocks Preview Ahead of the Open Global stocks are flat this morning amid tariff threats and US stocks index futures are FLAT with front-month Dow Jones minis -0.03%, S&P 500 minis -0.06% and Nasdaq 100 minis -0.09% President Trump has vowed to hit the EU with tariffs for its subsidies to Airbus (ENTXPA:AIR) and the EU responded it will … Read more

Here We Go Again: Tech Bubble 2.0 but “This Time It’s Different”

by Charles Hugh-Smith The doses of Delusionol(tm) required to believe “this time it’s different” are becoming dangerous. Here we go again, another tech bubble is expanding like a supernova and the financial media is declaring (as it does during every bubble) “this time it’s different.” File Tech Bubble 2.0 under memories are getting shorter or this time is never … Read more

U.S. Economy SLOWDOWN Continues as FAKE Stock Market Near Record Highs! How?

Stock market keeps rising without actual fundamentals supporting. But hey, who cares about fundamentals when we have the Fed who loves us, right? In mainstream finance, we’re always looking at the same handful of indicators. It’s actually quite an embarrassment. U3 unemployment rate, U.S. stock market, 200-day moving average, PE Ratios, and a couple others. … Read more

What Would Stocks Do in “a World Without Buybacks,” Goldman Asks

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Companies buying back their own shares has “consistently been the largest source of US equity demand.” Without them, “demand for shares would fall dramatically.” Too painful to even imagine. Goldman Sachs asked a nerve-racking question and came up with an equally nerve-racking answer: What would happen to stocks “in a world … Read more

BORDER BATTLE INTENSIFIES: 100,000+ CAUGHT IN MONTH? TRUMP UNDER PRESSURE

Shake-up at Homeland Security goes beyond Nielsen’s exit WASHINGTON (AP) — President Donald Trump and White House allies pressing for a harder line on immigration sped up their campaign Monday to clean house at the Department of Homeland Security with a mission far wider than just the departure of Secretary Kirstjen Nielsen. The dismantling of the … Read more

America’s Problem With PC-Culture: Lack Of Free Speech Will Be The Country’s Downfall

Authored by Mac Slavo vioa SHTFplan.com, Without free speech returning in full force to college campuses across the United States, the country will see itself perish of politically correct induced culture. One American journalist says that the PC culture will be the entire country’s downfall. Nothing less than the U.S.’s survival is at stake, according to American journalist … Read more