Month: August 2019

China changes the way bank loan rates are set, with HSBC left out of rate-setting club https://www.scmp.com/economy/china-ec… PBOC interest rate reform will spur small businesses http://www.ecns.cn/news/2019-08-19/de… China to base new lending benchmark on medium-term rates; shares rally on rate cut hopes https://www.reuters.com/article/us-ch… Hedge Fund CIO “We’re Willing Participants In Our Own Demise” https://www.zerohedge.com/news/2019-0…  

CNN’s Gloria Borger slammed Sen. Kamala Harris while discussing her falling poll numbers, noting that as people look at Sen. Harris’ record, they ask if she is a hypocrite. Be sure to like, subscribe, and comment below to share your thoughts on the video.

via hotair: You’ve heard of buyer’s remorse, but now Democrats appear to have developed a case of Bernie remorse. After rushing to out-socialist Bernie Sanders by unquestioningly embracing Medicare for All, the Washington Post reports that presidential candidates have begun singing a different tune. Kamala Harris might be carrying the melody, but she’s getting a lot of harmony from the … Read more

Departing Director of National Intelligence Dan Coats sent Congress a letter requesting that several features of the misnamed USA FREEDOM Act be made permanent, allowing the US government to spy in Americans in perpetuity. The Trump Administration wants to be able to intercept phone calls and text messages as well as snoop into business records … Read more

from Zero Hedge It’s bad enough that drought-like conditions and rapid population growth have stoked a shortage of water and other vital resources in Ghana, a country that boasts one of the fastest growing economies on Earth (if it is still poor). But a banking crisis is just now roiling the country’s economy, and has wiped out $1.6 … Read more

UPDATE: Boca Raton Police Services Department 4 hrs · Update: Unfortunately, the victim succumbed to her injuries and has passed away. We offer our sincere condolences to her family and loved ones. We will work with the State Attorney’s Office and the Medical Examiner’s Office as we continue to investigate. Boca Raton officers found David … Read more

From @Kabamur_taygeta: Tweets by Kabamur_Taygeta Face in Antarctica Google Earth: 72°00′ 36.00” S, 168° 34′ 40.00” E 1. #Neioh “This is an ancient artifact which has been altered in appearance by the temperature and wear over time. 2. It is millions of years old and the face is that of a Pleiadian Elder. When We … Read more

from Zero Hedge There was a time when the merest mention of gold manipulation in “reputable” media was enough to have one branded a perpetual conspiracy theorist with a tinfoil farm out back. That was roughly coincident with a time when Libor, FX, mortgage, and bond market manipulation was also considered unthinkable, when High Frequency Traders … Read more

by Simon Black The year was 1967. Ronald Reagan had just become governor of California. Aretha Franklin was belting out R-E-S-P-E-C-T on the radio. Marxist revolutionary leader Che Guevara was captured and executed in Bolivia. And a restaurant chain called The White Spot opened its newest location in Denver, Colorado. It was a popular diner; the … Read more

by Lance Robert In last Tuesday’s “Technical Update,” I wrote that on a very short-term basis the market had reversed the previously overbought condition, to oversold. “This could very well provide a short-term ‘sellable bounce’ in the market back to the 50-dma. As shown in the chart below, any rally should be used to reduce portfolio risk in … Read more

Reluctant Preppers, Released on 8/19/19 The US Dollar is a dead duck, emerging economic superpowers don’t trust the US or each other, gold will play a major role going forward, and the financial collapse of 2007-2009 was the start of the REAL Great Depression, which is just getting started, according to Doug Casey. Best-selling author, … Read more

by Martin Armstrong COMMENT FROM UK: On the subject of Phillip Hammond and Brexit, this is just the latest in a long list of pro-elite politicians who are looking to protect their career interests by aligning with the globalist system. Blair made hundreds of millions, Brown and Darling bailed out the banks and then went to … Read more

by Kimble Charting Is the Steel Industry suggesting that a recession is nearing? In my humble opinion, the jury is still out on this one. This chart from Marketsmith.com takes a look at the patterns of Steel ETF (SLX). SLX has spent the majority of the past 3-years inside of trading range (1). The persistent decline over the past … Read more