Month: May 2019

Remember to regularly audit your subscription services! You may be letting anywhere from $5 to $20 slip out of your wallet each month

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by believe0101 This video about the hidden costs of monthly subscription services by the Wall Street Journal just popped up on my YouTube recommended videos list.   Ironically, the top comment is from someone joking about how they need to cancel their digital subscription to the WSJ! This video prompted me to do a self-audit, generating a master … Read more

Walmart Q1 Free Cash Flow: $1.4 Billion; Walmart Q1 Dividends and Buybacks: $3.7 Billion

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Walmart Q1 Free Cash Flow: $1.4 BillionWalmart Q1 Dividends and Buybacks: $3.7 Billion pic.twitter.com/qlTPLvreuS — zerohedge (@zerohedge) May 16, 2019 U.S. companies are still buying back their shares at a near record pace. Firms in the S&P 500 that have reported Q1 results repurchased $180 billion worth of their own stock in the period, on … Read more

Even before Trump heated up the trade war, consumers in both the U.S. and China were slowing down their spending

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via axios: Data: Trading Economics and U.S. Dept. of Commerce; Chart: Axios Visuals Even before President Trump heated up the trade war again, consumers in both the U.S. and China were slowing down their spending. China’s retail sales rose 7.2% in April, the slowest rate of growth since May 2003, a sign their economy is cooling significantly. U.S. retail … Read more

Do you think we’ll eventually see “helicopter money”?

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by pale_duchess Because “credit adventurism” was the prime cause of the 2008 crash, its effects were concentrated in the credit (banking) system. But GFC II, resulting instead from “monetary adventurism”, will this time put the monetarysystem at risk, hazarding the viability of fiat currencies. In addition to mass defaults, and collapses in asset prices, we should anticipate that currency crises, accompanied … Read more

Morgan Stanley naked shorted Uber into the IPO so they would hedge so that they could cover their shorts in a downdraft to support the stock…at much lower prices.

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via Zerohedge: Uber’s underwriters, led by Morgan Stanley, were so (rightfully) worried that the company’s IPO was going to crater in the days after its public offering, they deployed what CNBC is calling “a nuclear option” and shorted IPO stock naked, even beyond the traditional greenshoe. Of course, anyone in the industry would simply call this “selling … Read more

Former Ohio representative James Traficant speaks: “I believe Israel has a powerful stranglehold on the American government”

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by Gntlmn_stc Relevant regarding the current wardrums against Iran, former Ohio representative James Traficant speaks about the power that the Israeli government have on American foreign policy. I timestamped the part where he speaks about Israel, but I can recommend the entire interview where he also speaks about the absurd amounts of aid to Israel … Read more

Coming Economic Collapse Guarantees Socialism

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by Egon von Greyerz How can a small clique of gold owners holding less than 0.5% of world financial assets be right? They are clearly a minuscule minority of obstinate goldbugs and contrarians who are living in the past. Or do these people see something that the majority of investors don’t? More than 99.5% of … Read more

VOLCANO threat in GERMANY?!

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by Martin Armstrong Most people have never heard of a volcano in Germany. Well, the caldera of Laacher See was formed after the Laacher volcano that erupted between 12,900 and 11,200 years ago. Everything collapsed into the empty magma chamber below only two or three days after the eruption, forming what is now a lake. … Read more

WAR Is A Tool Used By The MIC, And They Are Getting Ready NOW. By Gregory Mannarino

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TradersChoice.net, Released on 5/16/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more

Tariffs Might Cost U.S. Citizens An Extra $500 A Year

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via silverdoctors https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/Tariffs_Might_Cost_US_Citizens_An_Extra_500_A_Year_Audio.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades. As a result the tariff increase might cost the median U.S. household with earnings of $61,000 about $500 … Read more