Bank of America says Gold will soon be $3000

Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce — more than 50% above the existing price record — in a report titled “The Fed can’t print gold.” The bank increased its target from $2,000 previously, as policy makers across the globe unleash vast amounts of fiscal and monetary stimulus to help shore up economies … Read more

Trump Disinfectant clip – full video. Liberals are spreading false claims so here is the full, unaltered video starting at the time of the quote.

by johnsonjackson13323 He’s brainstorming in public. Throwing out questions that seem ludicrous, sometimes spark ideas in others, that may lead to plausible solutions. “Can we use the disinfectant in the body, like inject it or something?” Umm No Mr president, but that gives me an idea…. blah blah.   CLAIM: President Donald Trump suggested injecting … Read more

IS THIS REAL LIFE?: Lysol maker and CNN “fact checks” Trump by telling people to not consume Lysol

Watch the latest video at foxnews.com President Trump, in his White House coronavirus task force briefing Thursday, appeared to suggest that light and disinfectants might have the potential to treat the coronavirus — prompting a number of stories condemning the comments, others seeking to defend the president and a scathing tweet from presumptive Democratic presidential … Read more

Top U.N. Official Suggests Economic Fallout From Pandemic Could Kill More Than The Virus

Excerpt: U.N. World Food Program (WFP) Executive Director David Beasley warned this week that the coronavirus pandemic, which originated in China, could have a devastating impact on world hunger and could push well over 100 million people to the brink of starvation. Beasley also warned that there was a “real danger” that more people could … Read more

Millions Of Americans Are Now Making Far More Money Being Unemployed Than They Did When They Were Actually Working

by Michael Snyder More than 26 million Americans have filed new claims for unemployment benefits in recent weeks, and a lot of them will now be bringing home much more money than they did while they were actually working.  Needless to say, this is going to create a perverse incentive for people to stay unemployed … Read more

The Federal Reserve Has Failed Miserably

The Federal Reserve banks make more by bail out than actually performing valuable banking services. It is UBI for people with power. That is the problem in America in 2020. Everyone does better with some version of universal income rather than doing anything valuable. US Military commanders are like that too. They get to retire … Read more

Big Company Execs Will Now Face Up To 30 Years In Prison, $1 Million Fines For Abusing Coronavirus Relief Program

New guidelines released by the Small Business Administration (SBA) Thursday dictate that public companies with sufficient liquidity to support normal business operations throughout the coronavirus pandemic will not be eligible for the Paycheck Protection Program (PPP). Senior SBA officials pointed Daily Caller to a new addition to the program stating that “borrowers still must certify in good … Read more

The Oil Market Crash Is Far From Over

By Nick Cunningham WTI prices may have steadied somewhat after a wild couple of days, but the physical market for crude is still collapsing. Energy stocks posted sharp gains on Thursday as WTI prices “surged” nearly 30 percent to…$17 per barrel. The nascent rebound in oil prices has eased the immediate crisis, but before Monday, … Read more

U.S. Gasoline Consumption Hasn’t Been This Low Since Vietnam War

By Tsvetana Paraskova Consumption of petroleum products in the world’s top oil consumer, the United States, has fallen to its lowest level in decades, as lockdowns restrict travel and the economy slows, the U.S. Energy Information Administration (EIA) said on Thursday. According to EIA’s estimates of petroleum products supplied—its proxy metric for consumption—demand for petroleum products in … Read more

How the Coronavirus is Already Repricing the World

by John Mauldin  What will be the longer-term fallout of the coronavirus be on the economy, the markets and society? We’re starting to catch glimpses of it already. And the world looks a lot different than the one we knew. As my friend Dave Rosenberg, the chief economist and strategist of Rosenberg Research, wrote in a recent … Read more