By Julianne Geiger Oil prices fell sharply on late Tuesday morning as Reuters reported that Saudi Arabia’s oil output may return to normal more quickly than earlier reports had suggested. Oil production is expected to return to normal within two to three weeks, anonymous Reuters sources suggested, contrary to yesterday’s reports that took a more pessimistic view … Read more
Silver Doctors, Released on 9/17/19 Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers … Read more
via freebeacon: The FBI has arrested a Chinese government official as part of China’s massive scheme to illegally obtain American technology by recruiting experts in high-tech fields. Zhongsan Liu was arrested after a lengthy investigation into his role in directing a Chinese government front group in New Jersey called the China Association for International Exchange of … Read more
by DCG Scroll ahead to the 12:52 mark (so you don’t have to listen to all of Ilhan’s “ums” and her bashing President Trump) where CNN host Erin Burnett asks Ilhan about the bill she’s introduced to create a pilot program to guarantee a job for anyone who wants one. Burnett asks Ilhan what would … Read more
China’s Three Gorges Dam, the world’s biggest and most controversial hydropower structure, was rumored to have been cracking and splitting as people posted satellite images of the structure last week. Chinese officials stated the structure was sound, denying online rumors that the construction was at risk of collapse. Safety experts of the government-run China Three Gorges … Read more
by Martin Armstrong QUESTION: Marty; I am trying to understand your comments that the Canadian real estate has peaked in real terms. Does this mean it will still rise as the currency declines as a hedge against the government in your shift from public to private confidence? HG ANSWER: Canada will benefit from the capital inflows to … Read more
The Assault on the Supreme Court: The revival of smears against Kavanaugh is part of a campaign. Supreme Court Justice Brett Kavanaugh will apparently receive continuing education in the politics of personal destruction, and this weekend came another round of rumor-mill accusations over his conduct in college. It’s important to understand that this assault on … Read more
Rep. Doug Collins (R-GA) criticizes Democrats during a 9/17/19 Judiciary Committee hearing for their consistent denial of the legitimacy of Trump’s presidency and their need to rehash unfounded investigations. Be sure to like, subscribe, and comment below to share your thoughts on the video. Rep. Doug Collins (R-GA) slams Democrats during a 9/17/19 Judiciary Committee … Read more
NEW YORK SUN: Susan Collins’ Profile in Courage: A Historic Battle Is Underway in Maine. As the Democrats vent their election year fury on Justice Brett Kavanaugh, they are pouring a fortune — millions — into a campaign to defeat Senator Susan Collins of Maine. They are blaming her for Justice Kavanaugh’s confirmation, which the Senate’s … Read more
by Charles Hugh-Smith The “everything bubble” is not permanent. All eyes are again on the Federal Reserve, as everyone understands that the Fed is the market— the stock market, the bond market, the art market, the housing market, etc. All markets have been driven higher by one force: central bank money creation and distribution to the financial … Read more
by Adriwisler Source: GlobalWebIndex.com 2013-2019 Tool: Adobe Illustrator CC Website: https://adrimediadesign.com/
Precious metals offer tremendous value for investors today.
11Ys later https://t.co/WU6NsnJDcF pic.twitter.com/ax4hUO4cJD — GregTheAnalyst (@Analyst_G) September 17, 2019 ig credit issues starting to emerge pic.twitter.com/bklVXnXyZm — Alastair (@StockBoardAsset) September 17, 2019 "Nobody Knows What's Going On": Repo Market Freezes As Overnight Rate Hits All Time High Of 10% https://t.co/ndavmDzvjl — zerohedge (@zerohedge) September 17, 2019 https://twitter.com/MrMiguelli/status/1174001445559066624 1. Repo rates explode most on record2. … Read more
New York Fed steps into market to move interest rates New York (AFP) – The New York Federal Reserve Bank on Tuesday stepped into financial markets for the first time in more than a decade to keep interest rates in line with the Fed’s target. Analysts say the operation appears to have been successful but … Read more
by DuduOson Prepare for some serious autism but this is the real deal. AMD has been a powerhouse recently, with Zen 2 stomping all of Intel’s offerings on all fronts (since its release on August 7th): 2X performance at 0.5X the cost and 0.5X the power draw (big deal) on the top SKU. Source 1 “As I have traveled around … Read more
The Average Millennial Has $27,900 In Debt And Feels Very Guilty Millennials carry an average of $27,900 in debt, not including mortgages, according to new data released today by Northwestern Mutual. Gen Z, the oldest of whom are now 22 years old, have an average debt of $14,700. Having sizable debt at a young age “is … Read more
The number of local bank branches continues to dwindle as big players like McLean-based Capital One Financial Corp. (NYSE: COF), Atlanta-based SunTrust Banks Inc. (NYSE: STI) and Winston-Salem, North Carolina-based BB&T Corp. (NYSE: BBT) cut dozens of branches, according to new data. The D.C. metro area saw its overall number of bank branches drop by 57, from 1,549 to 1,492 from … Read more
by Charles Hugh Smith Editor’s note: Central banks have inflated bubble after bubble. Today, Daily Reckoning contributor Charles Hugh Smith shows you the three stages of bubbles – with a fourth for good measure. He also addresses how long the show can go on. Dear Reader, Financial bubbles manifest three dynamics: The one we’re most familiar with … Read more
Voters don’t choose candidates based on ideology, NBC?: http://archive.is/PSnHy
(Bloomberg) — A pair of lawsuits targeting entities that JPMorgan Chase & Co. and Capital One Financial Corp. use to bundle credit-card loans into bonds could threaten the future of the $563 billion market for debt backed by consumer obligations. At issue is whether credit card interest rates can be considered usurious. A Civil War-era … Read more
Trade tensions, oil shock cloud Fed efforts to steer clear of recession It’s been an eventful six weeks for the global economy, complicating the Federal Reserve’s efforts to steer the U.S. economy through a dark global outlook facing increasing uncertainty. Since the Fed’s July 31 decision to cut rates for the first time in over a … Read more
via aier.org: We increasingly live in a new “dark age” of economic ignorance, and even stupidity. Few things exemplify this trend as much as the call for price controls over the interactions of multitudes of people in the marketplace of supply and demand. There are few government interventionist policies as likely to disrupt, distort, and imbalance the actions … Read more
by youme “California’s New Rent Control Law Will Make Its Housing Shortage Worse “The latest ill-conceived policy from California is a statewide rent cap. As the New York Times reported this week: The bill limits annual rent increases to 5 percent after inflation and offers new barriers to eviction, providing a bit of housing security in … Read more
by Ono 1) Ca. has more military bases than any other state in the Union many which are very strategic (Vandenberg, Camp Pendelton, Miramar, Seal Beach…) http://www.militarybases.us/by-state/ 2) The Dems would loose massive amounts of electoral votes as well as house representatives https://www.answers.com/Q/Number_of_representatives_in_California I live in Ca and am hoping that the tide is turning … Read more
by A2 On Monday, all PRC papers published a speech made by Xi Jinping to a Party meeting in 2014. The speech was a roadmap on the Party’s correct path, but warned that they faced enemies within and without to establishing the China dream. The ultimate collapse of capitalism and the victory of communism with … Read more