BY SRSROCCO In just a little more than a week after the mighty Newmont-Goldcorp merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico. The Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in a single year, has been dealing with a … Read more
by John Mauldin In the Great Recession, authorities faced enormous pressure to “do something.” Letting nature take its course may well have been the best strategy. But it couldn’t happen that way in our political system. They had to act. In 2008–2009, we got things like TARP—the Troubled Asset Relief Program that used $431 billion … Read more
via WSJ: What if President Trump actually wants Democrats to try to impeach him? OK, so that isn’t likely. Nobody would wish to go through the embarrassment of impeachment in the House of Representatives and the public spectacle of a follow-up trial in the Senate. Still, the fact that the idea would even seem plausible … Read more
Huge ‘God of Chaos’ asteroid to buzz by Earth: The asteroid will fly closer than some orbiting spacecraft. “The 1,100-foot-wide asteroid will be visible to the naked eye. NASA says it will look like a moving star-like point of light. It will be visible in the night sky over the southern hemisphere, moving east to west … Read more
I have a small business and I just cannot keep workers. The pay is very good, work is very easy, you just have to show up when you’re supposed to and complete your tasks. It’s indoors, ac, laid back. Doesn’t get any easier. I’ve heard all the excuses, – I want to work less and … Read more
by Brandon Smith Issue #3 of The Wild Bunch Dispatch, Alt-Market’s exclusive newsletter covering concepts and tactics for defeating globalism, is set to be released on May 10th, with a discussion for subscribers on May 12th. The Wild Bunch is a place to explore subjects and solutions to centralized tyranny which are rarely if ever covered … Read more
China held its annual Belt and Road bash in Beijing. Xi Jinping carefully and effectively parried Western attacks on China’s signature strategic initiative. It also looks like the PRC will dodge US efforts to push it into a corner on Iran sanctions by throwing Iran under the bus once again.
via nypost: Asked at the “She the People” forum in Houston whether he will choose a woman to share his ticket, Cory Booker said, “I will have a woman running mate. To me, it’s really clear that we do that.” Of course, at an event called “She the People,” it would be hard to resist the … Read more
via reason: Colorado’s Deputy Zackari Parrish III Violence Prevention Act, which takes effect next year, is named for a 29-year-old Douglas County sheriff’s deputy who was killed in 2017 by a 36-year-old veteran with a history of psychological problems. The law allows a long list of people, including law enforcement officers, current or former household members, … Read more
Washington Post: “When Barr pressed Mueller on whether he thought Barr’s memo to Congress was inaccurate, Mueller said he did not but felt that the media coverage of it was misinterpreting the investigation, officials said.” https://www.washingtonpost.com/world/national-security/mueller-complained-that-barrs-letter-did-not-capture-context-of-trump-probe/2019/04/30/d3c8fdb6-6b7b-11e9-a66d-a82d3f3d96d5_story.html CNN: “Later, Barr and Mueller spoke by phone and while Mueller didn’t think Barr’s letter was inaccurate, the special counsel … Read more
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
via philly: WASHINGTON (AP) — U.S. government searches of travelers’ cellphones and laptops at airports and border crossings nearly quadrupled since 2015 and were being done for reasons beyond customs and immigration enforcement, according to papers filed Tuesday in a federal lawsuit that claims scouring the electronic devices without a warrant is unconstitutional. The government has … Read more
Good thing that the owners of MSNBC (Comcast) have nothing to do with Biden. h/t walters-walk
by Michael Snyder Juan Guaido has initiated a violent uprising in an attempt to overthrow Nicolas Maduro, and it appears that the U.S. may be preparing to intervene in the conflict militarily. The USNI News Fleet and Marine Tracker accurately tracks the current positions of U.S. naval assets, and according to them the USS Dwight D. Eisenhower … Read more
Sources: https://weaponizedautism.wordpress.co… https://www.imf.org/en/News/Articles/… https://www.thenation.com/article/a-n…
James Clapper Knew There Was No Evidence of Trump-Russia Collusion In 2016 https://thefederalist.com/2019/04/24/…