Massive mortgage delinquencies
Trump’s Dr. Fauci lockdown created the greatest economy ever. Wall Street got a blank check Americans get an eviction notice. Millions soon to be foreclosed on.
Trump’s Dr. Fauci lockdown created the greatest economy ever. Wall Street got a blank check Americans get an eviction notice. Millions soon to be foreclosed on.
by Kimble Charting Is King$ about to experience a dual breakdown of support? If so, will the world no longer believe in the US$? This chart looks at the U.S. Dollar over the past 22-years on a weekly basis. The 92 zone, which is line (1), has been support and resistance several times over the past couple … Read more
https://www.youtube.com/watch?v=TF8Ft59k5GY California health officials have reported that a resident of South Lake Tahoe has tested positive for plague, marking the first such case in the state in half a decade. The individual is recovering at home. It’s believed that the person was infected by a flea while walking their dog, El Dorado County’s Health and … Read more
by Kimble Charting Its been an interesting year in the financial markets, to say the least. And today’s chart qualifies as “interesting” indeed. When the market crashed in March, bond prices surged as yields fell. And the 20+ Year US Treasury Bond ETF (TLT) hit $179 before reversing lower. This seemed like a somewhat normal market response. The … Read more
How much of what you believe is going on within the world’s current events is actually true? Do you think you would make different decisions if your perception was missing important bits of information that change any given story? This is an important question right now, as much of what people think is happening comes … Read more
by jessefelder Almost two years ago I wrote, “Why Warren Buffett Would Be Buying Precious Metals Again (If He Could).” In that piece, I referenced a quote from his 1997 Letter to Berkshire Hathaway Shareholders: “Last year, we purchased 111.2 million ounces. Marked to market, that position produced a pre-tax gain of $97.4 million for us in … Read more
https://youtu.be/6zM8iSLICE0 I’m not saying what’s going on in the news isn’t important, but ultimately we have to remain vigilant of what’s happening behind the scenes. This is how they distract us. And this video breaks down exactly what’s happening. h/t NoCensoredNewsNet
Apple hit a market cap of $2 trillion, doubling in valuation in just over two years. It’s the first publicly traded U.S. company to reach a $2 trillion market cap. Apple was also the first publicly traded U.S. company to reach a $1 trillion market cap. Apple hit a market cap of $2 trillion Wednesday, doubling in … Read more
TCNTV, Released on 8/19/20 Egon von Greyerz predicts an economic destruction of markets and asset values and a major wealth transfer and tell’s The Capital Network’s Executive Director Lelde Smits who stands to loose and gain the most. Egon von Greyerz specialises in wealth management and wealth preservation for high net worth individuals. He’s the … Read more
by Darren Brady Nelson via Mises Even those in the nonfinancial media have noticed the skyrocketing price of gold this year. Some partially identify, but don’t quite understand, some of the many (and more measurable) intermediary effects in the chain of causation such as a “weakened US dollar” and “low bond yields.” Those in the financial press add to these factors ones like “central bank … Read more
Fox Business, Released on 8/19/20 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take … Read more
https://www.cnbc.com/2020/08/19/jpmorgan-chase-held-talks-with-us-postal-service-about-installing-atms-in-post-offices.html JPMorgan Chase, the biggest U.S. bank by assets, has held talks with the U.S. Postal Service about placing ATMs in post office branches. “We had very preliminary conversations with the U.S. Postal Service several months ago about what it might look like to lease a small number of spaces to place ATMs to better … Read more
Hey California! We can avoid a blackout, but you have to turn up your damn thermostat! https://t.co/UuH8Yr6VFH — Jerry Brown (@JerryBrownGov) August 19, 2020 If I were Mexico, I’d bring in American companies to build nuclear power plants to sell energy to California and use the profits to finance my own power grid. … Read more
by Ethan Huff of Natural News (Natural News) It has been nearly three full months of daily violence in the streets of Portland, with Antifa and Black Lives Matter (BLM) “protesters” continuing to ransack businesses, attack innocent bystanders, and even attempt to murder people whom they claim are “white supremacists.” Over the weekend, a mob of pasty white liberals and … Read more
Unemployment benefit checks for the more than 500,000 left jobless in Massachusetts amid the coronavirus pandemic could soon be growing $400 fatter. Gov. Charlie Baker on Tuesday signaled he intends to accept President Trump’s plan to boost unemployment benefits. “If this program is there and it turns out to be the only thing that’s there, … Read more
Bloomberg, Released on 8/19/20 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 thinking. … Read more
Palisade Radio, Released on 8/19/20 Time Stamp References: 1:05 – Comparing liquidity events. 3:55 – Money velocity and the economy. 7:00 – Assessing the stock market. 11:15 – Custom indexes they use. 16:30 – Interest rates and NIRP/ZIRP. 19:00 – Fed to peg at Zero and getting yield. 21:05 – Timing and price targets. David … Read more
by: Ethan Huff (Natural News) By now, you have probably heard the disturbing news about how President Donald Trump is trying to steal the election by having tractor-trailers remove all U.S. Postal Service mailboxes from every town and city across America. Well, the truth is that this is not actually happening, and is just another Democrat-manufactured conspiracy … Read more