The Income Tax is Destroying the World Economy

by Martin Armstrong It is imperative that we MUST eliminate the income tax. It is a purely a Marxist development that is destroying the world economy. The income tax has become such a tyranny that our liberty, freedom of movement, and world economic growth are all at great risk. Never before in the history of human civilization … Read more

Yield v Reason

by Martin Armstrong QUESTION: I see all of these people calling for a major crash of 50%+. With interest rates so low and the dividends on the Dow twice that of interest rates, does anyone look at yield anymore? PH ANSWER: I fully agree. The yield on the Dow Jones is 2.34%, which is about comparable the … Read more

Rob Kirby: We Should Live To See Gold NOT Price In Dollars, Economic Change Happens Quickly

Rob Kirby interviewed on Reluctant Preppers With equity markets topping and staggering, the flight to safety appears to be into cryptos, while gold & silver are collared near 5 year lows.. Why? Rob Kirby, proprietary analyst and founder of KirbyAnalytics.com, returns to Reluctant Preppers to give us an earful of his sage perspective on the global elite’s … Read more

Auto Loan Delinquencies Spike To Great Recession Levels

by Mac Slavo of SHTFplan Even though the unemployment rate is historically low, delinquencies on automobile loans have spiked to levels not seen since the 2009 Great Recession.  People are increasingly failing to make payments on their vehicle loans and a horrifying number of those delinquent on their car are over 90 days past due. Serious auto-loan delinquencies … Read more

Left Wing Fascism Never Disappoints

“Mass. teacher accused of planting live ammo at school, then calling police.” If the facts don’t fit your narrative, then invent the facts. Remember, it’s “for the children”: “Southbridge police said high school biology teacher Alfred Purcell III, 57, of Woodstock, Connecticut, reported to staff that he had just found one live round of 9 … Read more

Elon Musk says Tesla will be out of money in 10 months without ‘hardcore’ changes

Elon Musk told Tesla employees the company will run out of cash in about 10 months unless “hardcore” cost-cutting efforts are made, according to an all-staff email obtained by Reutersand Electrek. The cost-cutting measures are necessary despite the fact that Tesla just raised $2.7 billion earlier this month, Musk said in the email. Musk and Zach Kirkhorn, who … Read more

Market outlook: stock market’s medium term is still bullish, but biggest short term risk is the trade war

by Troy With the S&P down a 2nd week, it’s important to remember that this decline comes on the heels of a very strong 4 month rally. This is to be expected, because no rally can go up forever without making a pullback/correction along the way. The economy’s fundamentals determine the stock market’s medium-long term outlook. … Read more

Attack on Syria now underway

🇸🇾 — REPORTS — Targets were attacked in the area of al-Keswa an area that Iranians have a broad foothold in. 5 explosions were heard in Damascus #Syria #Israel pic.twitter.com/pjGvaMVdHn — Belaaz News (@TheBelaaz) May 17, 2019   AC

California ready to ban gas-powered cars?

LOS ANGELES — California without gasoline-burning cars? The idea is starting to be floated. A top regulator came close Thursday, but ultimately backed away from directly raising the notion of giving the boot to exhaust-belching automobiles, a staple of life in the freeway-happy Golden State for more than a century. Speaking at an air-quality workshop … Read more

ICE To Move 225,000 Illegals Across Country, Thousands More To South Florida

ICE to hire contractor to transport 225,000 migrants to shelters across the US Watch the latest video at foxnews.com The Trump administration is looking to hire a private contractor that will be responsible for transporting approximately 225,000 migrant children and families to shelters across the country over the next five years as they wait for their asylum claims to be … Read more

The Ultimate Investing Checklist

by Shanemonksobyrne   Below is the complete version of the well-received value investing cheat sheet. As mentioned before, it is nearly impossible for a company to tick all of these boxes in the current market, but they are useful guidelines. ​ This took me a long time to compile… I hope you derive value from it. ​ … Read more

UNDERSTAND INFLATION

via @OccupyWisdom : 1/ Falsely reported consumer inflation & asset inflation create bubbles. If consumer inflation is considered “low” it will keep the rate of interest low. This creates relaxed lending & easier borrowing, leading to investment in equities & real 2/ estate. These asset prices will rise as a result, so lenders becoming even more willing … Read more