by Graham Summers of Gains, Pains, & Capital One investor has a history of timing major market turns like no other. He called the 2011 growth peak before anyone else. He nailed the 2016 bottom in risk assets. And he even timed the December bottom perfectly. His name is Dr. Copper. Because of its countless industrial uses, copper … Read more
Democratic presidential candidate Andrew Yang wants to give an Iowan $1,000 every month for a year to prove a point. The point: That his plan to guarantee every citizen 18 or older a $1,000 monthly federal payment would boost the individuals and the country. He calls his plan a “Freedom Dividend.” “I’m going to be giving … Read more
Kim Foxx moves to block special prosecutor probe in Jussie Smollett case CHICAGO — Chicago’s top prosecutor is fighting a push to appoint a special prosecutor to investigate her office’s handling of the case against actor Jussie Smollett. Cook County State’s Attorney Kim Foxx says she’d welcome an independent probe into her office’s dismissal of felony disorderly … Read more
Market analyst and professional trader Gregory Mannarino goes on to say, “This is where we need to be if we understand there is an inverse bubble in gold and silver. We need to be on the right side of the trade. Bet against the debt, and become your own central bank. . . . This … Read more
by WARREN MOSLER Dismal: Highlights The purchase index is down a sharp 4.0 percent for a second straight week, this time for the April 26 week. Year-on-year, the index is up only 1.0 percent which is not a favorable signal for the Spring housing push. Refinancing is also coming down, 11.0 percent lower for the … Read more
by Charles Hugh-Smith It’s the list of workarounds – always growing, never shrinking – that’s telling us the true story of inflation in America. Today I’m publishing a guest post by writer Bill Rice, Jr., on “real inflation,”which as everyone knows far exceeds the “official” inflation rate of 2%. Bill and I corresponded earlier this … Read more
RT, Released on 4/30/19 Venezuela’s opposition leader and US-back presidential aspirant Juan Guaido has called for a military uprising in his latest effort to topple President Nicolas Maduro. Clashes have broken out between police and protesters in Caracas. Meanwhile police in Washington, DC have set up barricades between the pro-Maduro activists occupying Venezuela’s embassy and … Read more
Via American Greatness The clearest of all the laws concerning U.S. intelligence is Section 798, 18 U.S. Code—widely known in the Intelligence Community as “the Comint Statute,” or “the 10 and 10.” Unlike other laws, this is a “simple liability” law. Motivation, context, identity, matter not at all. You violate it, you are guilty and … Read more
Talk Digital Network, Released on 4/30/19 Danielle joined us to talk about the global luxury housing slump. Whether it’s in the Hamptons, Vancouver or LA, it’s happening now. How can this be with such a strong economy? We also talked about the fallacy of recycling, how it’s devolved into a corporatist affair and isn’t doing … Read more
by Steve St. Angelo of SRSrocco Report After reporting lower than expected earnings, ExxonMobil’s stock price sold off on Friday. The company blamed poor performance on reduced production volumes and a weaker oil price. However, the real culprit will turn out to be Exxon’s big move into the Great U.S. Shale Oil Ponzi Scheme. As I mentioned in … Read more