Months before resigning as defense secretary, James Mattis plotted to challenge President Trump in 2020 GOP primary

by Dr. Eowyn James Mattis, 68, former U.S. Marine Corps general who was widely revered by rank-and-file Marines for his blunt talk and leadership, was recruited by President Trump into his administration as Secretary of Defense, to the roaring approval of conservatives and patriots. See “Obama regime purges 5th senior military officer: Cmdr of CENTCOM … Read more

Fund Manager: More Evidence Tesla Is In A Death Spiral

by Dave Kranzler of Investment Research Dynamics Reuters  report in which the news service discovered that almost all of the solar cell production at Tesla’s solar factory in Buffalo, New York is being sold overseas, primarily to a large Asian buyer.  Tesla’s Solar City business was given $750 million in State subsidies to build the plant in NY in exchange … Read more

Facebook Censorship BACKFIRED, Major Brands FLEE Platform – Could This Be The Beginning Of The End For Facebook?

Facebook Censorship BACKFIRED, Major Brands FLEE Platform. As Predicted Facebook Censorship Is DESTROYING The Company. CrossFit just announced they are shuttering their Facebook and instagram due to censorship. Facebook recently banned on of their affiliate pages without reason or warning. They go on to cite other unethical behavior facebook has engaged in around data rights. … Read more

The End of Risk-Free Retirement

by John Mauldin In the last 150 years, we’ve had a number of innovations that radically changed the way we live. You can tick off the list: electricity, the automobile, refrigeration, TV, the Internet. But one innovation rarely makes those lists. It is just as significant if not more so… Retirement. The idea that people … Read more

Jim Rickards: The Biggest Fraud in History

via Daily Reckoning: My readers know that I’m a longtime critic of bitcoin. Bitcoin rose from about $2,000 in May 2017 to $20,000 by December 2017 in one of the greatest asset price bubbles in history. I argued repeatedly that it was nothing but a massive bubble and that the bubble would probably burst when it … Read more

Have You Seen Rep. Adam Schiff’s Twitter? Dems are in FULL PANIC. Begging Schiff to Impeach Trump Before It’s Too Late

https://twitter.com/ECMcLaughlin/status/1131742420377382912 https://twitter.com/ScottyNeff2/status/1131779328600096770 TheHill: “Schiff blasts Trump’s ‘un-American’ order to intel agencies to cooperate with Barr probe” House Intelligence Committee Chairman Adam Schiff (D-Calif.) blasted a Thursday evening order by President Trump ordering intelligence agencies to cooperate with Attorney General William Barr’s investigation into possible “spying” on Trump’s 2016 campaign, calling it “un-American.” https://thehill.com/homenews/house/445357-schiff-blasts-trumps-un-american-order-to-intel-agencies-to-cooperate-with Comment from … Read more

Adams & North: Extreme Policies Indicate The Establishment Is Desperate

by John Adams and Martin North from In the Interests of the People Australian economist John Adams of Adams Economics (http://www.adamseconomics.com) and banking expert Martin North break down the latest developments in Australia in the wake of the federal election held last weekend. With the Australian property and household debt bubbles in the process of collapsing during the first quarter … Read more

Why Turkey’s Debt Crisis is a Bigger Risk to the Eurozone than the PIGS

by Claudio Grass via Mises Institute Turkey has been almost constantly in the news over the past year, as troubling headlines about its economy and political situation continue to pile up. In a currency meltdown that escalated last summer, the Turkish lira has plunged by nearly 40%, threatening the Turkish economy as a whole. In January, inflation topped … Read more

YouTube & Facebook Do NOT Want You To See This! – Bill OTTMAN CEO of MINDS.com

Minds .com is a crowd funded social media network built on the blockchain that is an anti-surveillance, anti-censorship, and anti-“big tech” platform that ensures that no one party controls your online presence. They get into what set Minds.com apart from Facistbook and talk about their roadmap for the future. Minds pays content creators and users … Read more

Lynette Zang: WARNING BELL 100% RISK LEVEL – Central Banks Rushing to Gold as IMF Shows 100% Risk!

ITM Trading, Released on 5/23/19 In the most current “Global financial Stability Report” the IMF (International Monetary Fund) examined the vulnerabilities In a Maturing Credit Cycle” which is really a discussion on the end stage of the currency fiat money financial system. Like every aggressive disease, if you don’t make the life style changes that … Read more

How the trade war is effecting the stock market

by Troy The stock market fell today, and there is evidence of the trade war across many markets. The U.S. stock market has outperformed other stock markets during this trade war. Today’s headlines. Lots of gaps Large drop in sentiment despite small drop in prices Emerging markets “leading” indicator Industrial metals “leading” indicator Treasury yields … Read more

Canada’s Oil Hotspot Considers Going Nuclear

By Haley Zaremba Canada’s oil sands produce some of the dirtiest oil on the planet. Their abnormally high carbon emissions have earned Albertan oil a soiled reputation not just among environmentalists, but among many politicians and their constituents as well. Now, Alberta is trying to win back some favor with a new, revolutionary plan to clean up … Read more

President Trump found 23-year-old Clinton era law that requires sponsors of green card holders to pay back WELFARE BENEFITS!

via usatoday: WASHINGTON – President Donald Trump took another step Thursday to crack down on legal immigration, instructing agencies to enforce a 23-year-old law that requires sponsors of green card holders to reimburse the government for welfare benefits. Trump approved a memorandum Thursday to enforce a pair of provisions signed into law by President Bill Clinton in 1996, the White … Read more

Traders Are Shorting the S&P 500 at a Rate Unseen Since 2015

https://www.bloomberg.com/news/articles/2019-05-23/traders-are-shorting-the-s-p-500-at-a-rate-unseen-since-2015 Investors haven’t been this keen to short the U.S. stock market since the Federal Reserve started raising interest rates. Short interest as a percentage of shares outstanding on the SPDR S&P 500 ETF Trust, or SPY, climbed as high as 7% this week, according to data from IHS Markit Ltd. That’s the highest share … Read more

Could the FED avoid a Recession now, like in past 9 years?

🤔Could the FED avoid a Recession now, like in past 9 years? pic.twitter.com/S3PY2I1TKZ — Antonio Pérez-Algás (@apanalis) May 23, 2019 u-g-l-y pic.twitter.com/eGb7mMVOkT — Alastair (@StockBoardAsset) May 23, 2019 the probabilities for a 2h19 rebound are dwindling to zero https://t.co/KI9oVcN0T8 — Alastair (@StockBoardAsset) May 23, 2019 Look at this chart of major appliance shipments – collapsing … Read more

Are we seeing a similar breakdown of various “leading” market based indicators as last summer, before the equity market crash in Q4?

via @MikaelSarwe: Philly Fed surprised positively and ISM will probably bounce somewhat. But my leading vs lagging indicator from Philly Fed still points to a continued downward trend in ISM thereafter. The divergence between negative macro surprises & equities has never been larger. An earnings recession is highly likely and should dent markets belief that central … Read more