via gold.org: Our Central Banks and Public Policy team have just published the results of the 2019 Central Bank Gold Reserves Survey. The survey gives a fascinating insight into the minds of central bankers and is especially timely since central banks continue to post record-breaking levels of net gold purchases in recent quarters. Some of you might … Read more
via @TaviCosta: Silver & gold implied vol near historical lows! Awareness of global fiat debasement is only in its early stages. – Asset bubbles everywhere – Surging yield curve inversions – Real yields falling – Record global debt to GDP Can’t think of a better time to own precious metals.
by WARREN MOSLER Rolled over and on the decline and from highs that were at historically depressed levels: Now in contraction: From the AIA: Design services demand stalled in June, Project inquiry gains hit a 10-year low Demand for design services at architecture firms decreased in June in comparison to the previous month, according to a new … Read more
by New_Slant Down 11% after earnings. Horrible new subscriber numbers. IMO, NFLX will continue to tank into the low 200s. It might dead cat bounce here and there but the trend going in 2019 and 2020 is down. Facts and Opinions It’s US subscription base is saturated. It’s the most stable, profitable. To increase … Read more
via @TaviCosta: In case you think silver already had a big move: Russell 3000-to-silver ratio is still near all-time highs! This puts into perspective the incredible opportunity likely ahead of us. Double top formation after a retest of peak tech bubble levels?
earnings season likely to be very disappointing pic.twitter.com/fDzgWJEkTD — Alastair (@StockBoardAsset) July 17, 2019 Earnings season is starting off with a bang!$NFLX down 13% in the after-market on US subscriber drop. Market bulls will try to shrug this off, but this frothy bellwether stock may just be one of the first to crack at the … Read more
via postandcourier: Almost a year after President Donald Trump urged voters to reject Mark Sanford, the former South Carolina congressman is considering a Republican presidential run of his own against Trump in 2020. Sanford, in an interview Tuesday with The Post and Courier, confirmed he will take the next month to formulate a potential run against … Read more
Trump says not happy with backers’ ‘send her back’ chant WASHINGTON (AP) — President Donald Trump said Thursday he was unhappy with his supporters chanting “send her back” after he assailed a young Democratic congresswoman who he’s suggested should leave the U.S. Speaking in the Oval Office, Trump claimed he tried to stop the chant, … Read more
by confoundedinterest Danger Will Robinson! Danger! The US index of Leading Economic Indicators slumped by the most in over 40 months. On the other hand, the index was negative MoM sixteen times after January 2019, yet there was no recession. So this is likely a false risk flag. If you believe technical indicators like the Hindenburg … Read more
by visualcapitalist What do Beijing, Tokyo, Istanbul, London, and New York City all have in common? Not only are they all world-class cities that still serve as global hubs of commerce, but these cities also share a relatively rare and important historical designation. At specific points in history, each of these cities outranked all others on … Read more
by Egon von Greyerz Investors today have Hobson’s Choice. But they still don’t understand the options open to them. Thomas Hobson had a livery stable of 40 horses in Cambridge in the 16th-17th centuries. But customers only had a choice of one horse. They could either take the one nearest the door or none at … Read more
There are few things more frustrating than your employer refusing to give you fair compensation. In many cases, such employers go unpunished because they expect their employees to be too unfamiliar with the law to press the issue. Two of the main ways that employers trick their employees out of payment are breaking minimum wage … Read more
The media reports the narrative, not the news. The silent majority are allowing this to happen.
by John Whitehead “Since when have we Americans been expected to bow submissively to authority and speak with awe and reverence to those who represent us? The constitutional theory is that we the people are the sovereigns, the state and federal officials only our agents. We who have the final word can speak softly or angrily. … Read more
We were told by Al Gore that snow would be a thing of the past and our children would never know what snow is, well there was snow from May 30-June 06 in the Grand Canyon. A peak at Ontario crop losses and delayed planting and a bombogenesis slams the french corn growing region. #grandsolarminimum … Read more
From the New York Times: These should be the best of times for working people. After all, the unemployment rate is just 3.7 percent, near its lowest level in almost 50 years. If that were our only guide, then we might conclude that virtually every adult in the United States who wants to work is either … Read more
Over 2,000 files in Jeff Epstein case to be released within a few days. Courts latest order here: pic.twitter.com/SZj73BCe3l — Cernovich (@Cernovich) July 17, 2019 lot of people are on the barrel with the Epstein case. Here is vanity fair article about them. https://www.vanityfair.com/news/2019/07/jeffrey-epstein-case-grows-more-grotesque AC
From Bloomberg: Tech jobs are supposed to be the golden door to wealth in 21st century America. But Bloomberg’s Work Wise – our special report on how young professionals can get ahead, make money and give back – reveals that some things haven’t changed since the last century. Remember when your mother told you to be … Read more
This is pure dynamite. Great commentary by DiGenova as usual. He emphatically states that Mueller left a cell phone in the Oval Office after his FBI interview with Trump the day before becoming Special Counsel, in order to spy on the meeting that followed his interview/meeting. This is explosive. He also rips on shill in … Read more
By Dagny Taggart Earlier this month, we reported that some fresh vegetables sold by stores like Trader Joe’s and Food Lion have been recalled after state inspectors discovered Listeria monocytogenes in a sample. Growers Express LLC launched a recall of the products in question from various retailers in dozens of states. Growers Express is again telling consumers to toss out … Read more
by Lance Roberts A fascinating graphic was recently produced by Oxford Economics showing compounded economic growth rates over time. What should immediately jump out at you is that the compounded rate of growth of the U.S. economy was fairly stable between 1950 and the mid-1980s. However, since then, there has been a rather marked decline … Read more
by Shaun Richards It is nice to be proven correct and the business of Bank of England Governor Carney applying for the role of managing director of the IMF is something I suggested years ago. But today I wish to stay with the Bank of England and look at the future of its biggest monetary … Read more
Its a facial recognition program designed to be able to recognize your face from now until your very old. It is super accurate, which is the appeal. However, you always need to ask yourself, where did this come from? Why is it here? What is the point? People never ask enough questions, and the ones … Read more
Step 1: trump points out the obvious. Step 2: media derides him for his stance. Step 3: after careful analysis trump turns out to be right…again. Step 4: somehow the media still slams and slanders him for the proven truth?! Step 5: trump calls media out on their BS. Step 6: media plays the victim. … Read more
by Dr. Eowyn Meghan Markle (MM), 37, is the former D-list Hollywood actress who callsPresident Trump a “misogynist,” “divisive,” and “syphilis”, whom Prince Harry married 14 months ago, on May 19, 2018. Upon their marriage, Queen Elizabeth II conferred the titles Duke and Duchess of Sussex on Harry and MM. Harry is currently 6th in line … Read more