Berlin’s Government Is Making Housing Unaffordable

Authored by Maurus Adam via The Mises Institute, As a reaction to an extremely tight housing market, the government of the German capital of Berlin hasintroduced price controls on rents which took effect on June 18, 2019. For the next five years, rents cannot be increased. This interventionist measure, made by a coalition of center-left to … Read more

World Produces More Gold In A Day Than It Did For An Entire Year During 16th Century

BY SRSROCCO After Columbus discovered the New World in 1492 and the Spanish began to extract vast amounts of gold and silver from Mexico and South America during the 16th century, the global production of precious metals would grow considerably over the following centuries.  However, the rise of gold production during this period still pales … Read more

Spike in crime blamed on prop 47. Basically legalized shoplifting.. and the state wonders why small business are going under…

via cbslocal: ROCKLIN (CBS/AP) — Perry Lutz says his struggle to survive as a small businessman became a lot harder after California voters reduced theft penalties 1 1/2 years ago. About a half-dozen times this year, shoplifters have stolen expensive drones or another of the remote-controlled toys he sells in HobbyTown USA, a small shop in … Read more

Millions In Jewelry, Golden Iphone Seized From Corrupt Nigerian Ex-Oil Minister

By Julianne Geiger A Nigerian court has ordered the seizure of $40 million of luxury items, mainly jewelry and a customized golden iPhone belonging to the ex-minister of Nigeria’s petroleum resources Diezani Alison-Madueke, according to Reuters. In addition to the customized iPhone, the items seized included—but was not limited to—419 bangles, 315 rings, and 189 … Read more

SHOCKER: It Looks Like Joe Biden’s Son Took A Bribe From A Chinese Businessman.

via dailywire: On Monday, The New Yorker published a lengthy article detailing the various scandals involving former Vice President Joe Biden’s son, Hunter. The article asked the question: “Will Hunter Biden Jeopardize His Father’s Campaign?” The answer is fairly obvious: No. Democrats and their families are treated differently than Republicans and their families. If these scandals involved Jared … Read more

MODERN COMMUNISM: China Is Forcing Tourists to Install Text-Stealing Malware at its Border.

via Vice: Foreigners crossing certain Chinese borders into the Xinjiang region, where authorities are conducting a massive campaign of surveillance and oppression against the local Muslim population, are being forced to install a piece of malware on their phones that gives all of their text messages as well as other pieces of data to the … Read more

Mexico’s murder rate reaches all-time high with 17,065 homicides recorded in the first six months of 2019

Secretariat of Security and Citizens Protection showed there were 17,065 murders during the first six months of 2019 Data showed that there were 2,453 homicides in June but officials expect the number to be much higher when an updated report is published July 20  President Andrés Manuel López Obrador deployed the National Guard this week to … Read more

The Stock Market Paradox

by blaked_baller Good news = market go down due to less likelihood of a rate cut Bad news = market go up due to higher chance of a rate cut Algo bots and robo investments seem buy every dip, nonstop. 2/3 chances to go up 1/3 chance to go down SPY calls everyone

Economic news for your radar (Week of July 8-12)

by TacAirlifter   Here’s a weekly tracker for economic announcements/updates to guard against (or prepare) our portfolios (or whatever the hell you call the pot of money you work with): Note – all times are in Eastern Standard Time Monday, Jul 8 – Consumer Inflation Expectations (11 AM) – Consumer Credit (3 PM) ​ Tuesday, … Read more

President Trump’s Fed Nominee Dr. Judy Shelton discusses her support of a return to the gold standard and her critical take on central bank activity

President Trump's Fed Nominee Dr. Judy Shelton discusses her support of a return to the gold standard and her critical take on central bank activity "Money is meant to serve as a reliable measure."@CNBC pic.twitter.com/4wxKOgjRf4 — Squawk on the Street (@SquawkStreet) July 5, 2019 https://twitter.com/NorthmanTrader/status/1147022117885698049 Happy 4th from the Fed! We enabled ZIRP, NIRP, US … Read more