Month: November 2020

JPM says that its card users are starting to show similar behaviors as they were in March.

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JPM says that its card users are starting to show similar behaviors as they were in March. Spending more at grocery/discount stores. Spending less on restaurants/entertainment. But it notes the magnitude of the swings are smaller than what we saw back then. pic.twitter.com/7QNd1XPtIq — Joe Weisenthal (@TheStalwart) November 19, 2020 “Retailers giving up rights to … Read more

MAD world! #China issued 5y notes this week at a yield of -0.152%, 1st time it has managed to borrow at negative interest rates.

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MAD world! #China issued 5y notes this week at a yield of -0.152%, 1st time it has managed to borrow at negative interest rates. Investors placed total orders of about €18bn as investors seems to want more exposure to China. https://t.co/v87CirEOb7 pic.twitter.com/LEYzA3o6mY — Holger Zschaepitz (@Schuldensuehner) November 19, 2020 JPMorgan predicted that defaults by China’s … Read more

Middle East Oil Producers Are Drowning In Debt

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By Tsvetana Paraskova Arab Gulf oil producers are losing billions of U.S. dollars from oil revenues this year due to the pandemic that crippled oil demand and oil prices. Because of predominantly oil-dependent government incomes, budget deficits across the region are soaring. Middle East’s oil exporters rushed to raise taxes and cut spending earlier this year, … Read more

If you ever wonder why people on the left suffer from cognitive dissonance, this is why. Just one example from CNN’s take on the legal team press conference. They label Trump’s claim as false but then go on to prove that he is right

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View post on imgur.com The image is real: https://www.cnn.com/2020/11/19/politics/giuliani-trump-legal-team-press-briefing-fact-check/index.html Note: This page has been archived. https://archive.is/IYUbI h/t BorisWave

Ahead of December COMEX Deliveries

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by Craig Hemke via Sprott Money News The year 2020 will be remembered for many things, not many of them good. However, we will also recall 2020 as the year the LBMA/COMEX consortium nearly failed, and then since that event in late March, it has also been the year when the CME Group, in a desperate attempt to … Read more

Mark Yusko: You’re having your wealth stolen through inflation

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CNBC, Released on 11/19/20 Hedge fund manager Mark Yusko, Morgan Creek Capital Management, on the unintended consequences of a zombie company apocalypse. Mark Yusko is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management. He is also the Managing Partner of Morgan Creek Digital Assets. Morgan Creek Capital Management was founded in … Read more

Just in: A GOP win in Pennsylvania — Commonwealth Court judge ruled that 2,349 absentee ballots in Allegheny County where the voter didn’t date their declaration are invalid, reversing a lower court judge

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In Pennsylvania, the Trump campaign has withdrawn its appeal of a judge's order rejecting their challenge to 592 absentee ballots in Montgomery County where the voter didn't write their address when they signed the envelope declaration pic.twitter.com/67rsCF4uoT — Zoe Tillman (@ZoeTillman) November 19, 2020 Just in: A GOP win in Pennsylvania — Commonwealth Court judge ruled … Read more

Remember that when leftists talk about “democracy” it’s just a synonym for their political power…

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by Glenn Reynolds  ONE WOULD THINK THAT GINNING UP A BOGUS CRIMINAL INVESTIGATION AIMED AT UNSEATING A NEWLY ELECTED PRESIDENT WOULD BE BAD FOR DEMOCRACY. But remember that when leftists talk about “democracy” it’s just a synonym for their political power. But it’s certainly rich to hear them talk about Trump trampling norms. The poison started with Al … Read more

Mollie Hemingway asks, “If taking claims to court undermines democracy, how to defend Democrats’ vociferous and repeated claims that Donald Trump stole the election in 2016 with the help of Russia?”

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DEMOCRATS AND MEDIA ARE REAPING FRUIT OF YEARS OF ANTI-TRUMP CONSPIRACY THEORIES: If taking claims to court undermines democracy, how to defend Democrats’ vociferous and repeated claims that Donald Trump stole the election in 2016 with the help of Russia? A prominent liberal legal academic who spent the last four years pushing outrageous, discredited, and … Read more

Banks War Of DOLLAR CRASH In 2021! See Dollar Falling 20%!

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by Josh Sigurdson with Tim Picciott via World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the warning from several banks including analysts from Goldman Sachs and Citi Bank that we could see a collapse of the dollar as much as 20% in 2021! As we see further lockdowns worldwide, could the world reserve currency collapse? … Read more

Sidney Powell just confirmed during a live press conference that a server was seized in Germany

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Sidney Powell just confirmed during a live press conference that a server was seized in Germany Skip to 1h21m https://www.youtube.com/watch?v=E2-JvHahfew&t=1h21m Short clip – 10 minutes (Server mentioned in clip at 5m30s) https://streamable.com/60h7he   https://twitter.com/rn__deplorable/status/1329486209937235969 Sydney Powell Admits to U.S. Election Voting Servers in SPAIN and GERMANY https://twitter.com/TimesBig7/status/1329359012643606528   h/t meme_kat

A Drop in the Money Supply Was Not the Cause of the Great Depression

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by Frank Shostak via Mises In his writings, Milton Friedman blamed central bank policies for causing the Great Depression. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent a collapse in the money stock.1 The adjusted money supply (AMS), which stood at $26.6 billion in March 1930, had fallen to $20.5 billion by … Read more

Proposed Biden Gun Tax Could Top $34 Billion

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Report: 20 million ARs, 150 million ammunition magazines would be taxed under Biden proposal American gun owners could face tens of billions of dollars in new taxes to keep the guns they already own under Democrat Joe Biden’s gun ban and tax plan. At least 20 million rifles and 150 million ammunition magazines would be … Read more

Housing Authority Installs “Eye of Sauron” Surveillance Cameras In Low-Income Housing

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by mapi It is hard to get past the grade-school mentality of this video title which attempts to justify installing surveillance cameras everywhere. Pro-Vigil’s “Crime is Bad. We Stop Crime. Pro-Vigil Is Good” video is probably one of the most ironic videos I have ever seen about mass surveillance. Five seconds into the video they boast … Read more