Month: April 2020
Money available to the self-employed and small businesses
by yes_its_him I haven’t seen this mentioned here as of yet, so let me make a post where people might see it for more than few minutes. The recently passed legislation that authorized stimulus payments and increased unemployment also made available over $300B in money for small businesses affected by recent events. This explicitly includes … Read more
Bearish: Investors Net Bought Stocks All The Way Down. Defaults Are Starting In the Oil Patch
This is really bearish, investors net BOUGHT STOCKS all the way down.https://t.co/R2BAEZXgDN — Jim Bianco (@biancoresearch) April 1, 2020 https://twitter.com/GreekFire23/status/1245328830182678528 $WLL BK Chapter 11 >>Whiting Petroleum Corp. Reaches Agreement in Principle with Certain of Its Noteholders to Pursue Consensual Financial Restructuring Commences Chapter 11 Reorganizational Process to Right-Size Capital Structure ht @DiMartinoBooth https://t.co/V9JupHLj30 — Tracy … Read more
U.S. Drillers Face Doomsday Scenario As Some Crude Blends Hit $1
By Tom Kool As the oil war and coronavirus demand destruction rage on, WTI crude prices briefly dipped below $20 per barrel, but many prices aren’t even fetching $20 per barrel as they are struggling to find buyers for their crude. Prices in Oklahoma, Colorado, Kansas, and Louisiana, for instance, have dropped significantly over the last … Read more
Jim Bianco: Central Banks are taking over financial markets
Fernando Ulrich, Released on 3/31/20 Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus … Read more
Michael Pento: It’s A Global Depression Combined With A Credit Crisis, April Will Be A DISASTER
Money manager Michael Pento has long warned the global financial system was “not sustainable or viable” because of record debt creation. Pento has also long said, “This was the biggest debt bubble in history, and it is going to pop someday.” That day has arrived. Now, Pento says, “This is a global depression just like … Read more
CDC Considers Asking The Public To Wear Face Masks
This article was written by Mac Slavo and originally published at SHTFplan.com This is irony at its finest. The United States attorney general used twitter to tell the public to NOT use face masks to protect against the coronavirus because they don’t work, they only work for health care workers. Now, the Centers for Disease Control … Read more
It is all about the banks once again
by Shaun Richards As so often we find ourselves returning to the topic of the banks as they are at the heart of the financial system. They are the group which most exemplify the dictum if you want to enrich yourself get as close as you can to flows of money. The best description of … Read more
Rick Rule: Here’s What’s Next with GOLD Shortages
Future Money Trends, Released on 3/31/20 Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global … Read more
Gerald Celente On Coronavirus: ‘Fear And Terror’ Is What They’re Selling…
Trends Journal, Released on 3/31/20 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more