Month: September 2020

BETTER, BUT NOT GOOD ENOUGH; END THE LOCKDOWNS: 884,000 Americans filed new unemployment claims last week.

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WASHINGTON (NewsNation Now) — The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that recovery is stalling and layoffs are stuck at a historically high level six months after the coronavirus pandemic flattened. The latest figure released by the Labor Department Thursday, the most timely data on the economy’s health, followed … Read more

COLD CIVIL WAR TURNING INCREASINGLY HOT: Has the Second American Civil War Already Started?

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Is America about to face its second civil war? The Portland antifa ally suspected of shooting a Trump supporter said a civil war was “right around the corner.” Former Hillary Clinton campaign chairman John Podesta war-gamed the 2020 election and suggested that Joe Biden may cry foul if he loses, starting off a chain reaction resulting … Read more

COLLUSION: Corrupting the College Board: Confucius Institutes and K-12 Education.

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In exchange for generous Chinese government funding, the College Board has given China strategic access to American K-12 education. Since at least 2003, the College Board has sponsored Confucius Institutes at K-12 schools, served as a recruiter for Chinese government programs, and helped the Chinese Communist Party design and gain control over American teacher training … Read more

Dave Kranzler: How Should Gold Be Priced?

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Arcadia Economics, Released on 9/10/20 While there’s a lot of analysis of whether the gold price is too high or too low, how exactly should it be priced? What’s a realistic way to think about what gold is really worth? If you’ve ever wondered the same thing, then you’ll want to see today’s video with … Read more

Circling Back to a Recent Non-Divergence

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by Tom McClellan Back on June 4, I wrote about how “Non-Divergences Are Better Than Divergences” in terms of seeing confirmations that there is more trending movement ahead.  Analysts get excited about marking the turning points for prices, but trends are where the money gets made.  So if you can get a message to not let … Read more

Gold Reaches $2,000 Amid Dollar Depreciation

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by Arkadiusz Sieron, PhD $2,000. Think about this number. Theoretically, it’s just a number, one of many. But… somehow we feel that jumping above this level was a big event in the gold market. After all, gold surpassed this psychologically important point for the first time in history, reaching record high, as the chart below shows. … Read more

DON’T GET COCKY, KIDS: GOP voter registrations surge in key battleground state: Republicans in Pennsylvania have added almost 198,000 registered voters, according to report.

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In the four years since Donald Trump’s surprise victory in the 2016 presidential election, the GOP has registered nearly seven times more voters than Democrats in the battleground state of Pennsylvania. Keystone State Republicans have added almost 198,000 registered voters to the books since 2016, while Democrats have gained an additional 29,000, Politico reported Thursday. Democrats still outnumber Republicans by about 750,000 voters in the … Read more

Over 10% of the entire population of Oregon forced to evacuate, 23 known killed… Fires have consumed an area equal to the size of New Jersey.

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OROVILLE, Calif. – Wildfires raced through more than a dozen Western states Thursday, incinerating homes, forcing hundreds of thousands of evacuations, and burning a swath of land almost the size of New Jersey. At least 23 people have died and hundreds of homes have been destroyed by more than 100 major fires that have consumed nearly 7,000 square miles. Authorities in … Read more

If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone

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by Michael Snyder If this is “the recovery”, what are things going to look like once economic conditions start to deteriorate again?  As you will see below, more than half of all households in some of our largest cities “are facing serious financial problems”, and Americans continue to file for unemployment benefits at a rate … Read more

Large bankruptcies and permanent layoffs in the US keep climbing

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Large Bankruptcies pic.twitter.com/nrQVucmKgd — Win Smart, CFA (@WinfieldSmart) September 8, 2020 Permanent layoffs in the US keep climbing. pic.twitter.com/cfOyzk2Pk8 — Win Smart, CFA (@WinfieldSmart) September 10, 2020 'The 65% of owners who believe their business will survive is the lowest percentage recorded in the survey thus far, down from 73% in July and 68% in … Read more

Narrowest breadth since the Dotcom bubble

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Great chart via @themarketear – narrowest breadth since the #Dotcom bubble. pic.twitter.com/TwXZJa0gfv — Lance Roberts (@LanceRoberts) September 10, 2020 Abrupt market moves could lead to more abrupt market moves due to this quant strategy focused on abrupt market moves https://t.co/iEUoyq1nmx via @markets — Robert Burgess (@BobOnMarkets) September 9, 2020

The Federal Reserve’s ‘official position on bubbles? They can only be seen after they burst, when their bursting ‘proves their existence.’ (Greenspan)

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The @federalreserve 's 'official position on bubbles? They can only be seen after they burst, when their bursting 'proves their existence.' (Greenspan) Contrast that with the great Dr. Kurt Richebacher.No mystery why we've had 3 huge Fed fueled bubbles in just 20-years! pic.twitter.com/aOqwy9fFHW — Peter Schmidt (The 92ers) (@The92ers) September 10, 2020 GOLDMAN SACHS ANALYST … Read more

STOCKS OR GOLD IN THE 1970s?

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STOCKS OR GOLD IN THE 1970s? pic.twitter.com/3VWo6IWUE0 — Win Smart, CFA (@WinfieldSmart) September 10, 2020 Long-term US market-based inflation expectations are back at pre-crisis levels. pic.twitter.com/8X9Hxrllws — Win Smart, CFA (@WinfieldSmart) September 10, 2020   The Fed’s New Policy Risks a Return of the 1970s On August 27, the Federal Reserve released an important revision … Read more