Month: December 2020

Energy Crisis to Cause Never-Ending Gold Bull

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Steve St Angelo on Palisades Radio Tom welcomes a new guest to the show, Steve St. Angelo from the SRSrocco Report. Steve says, “You don’t have an economy unless your burning energy. Today, we take energy for granted.” For thousands of years, gold and silver represented that energy store. Steve discusses his video “The Energy Cliff,” which … Read more

Fannie, Freddie Whipsaw as Mnuchin and Powell Discuss Capital

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by confoundedinterest17 (Bloomberg) — Common shares of Fannie Mae and Freddie Mac pared double-digit percentage losses in Tuesday trading as Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell discussed the government’s control over the mortgage giants. Powell and Mnuchin testified before the Senate Banking Committee In response to a question from South Dakota Republican Mike Rounds on when the government can … Read more

Attorney General William Barr tells AP that the Justice Department hasn’t uncovered widespread voting fraud…. AP lied about Barr?

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Attorney General William Barr said U.S. attorneys and FBI agents have been working to follow up specific complaints about the election, but they’ve uncovered no evidence that would change the outcome. — The Associated Press (@AP) December 1, 2020 https://twitter.com/VMontacue/status/1333863719072395267     AC

This is an astonishing chart by Deutsche Bank. The surge in debt-to-GDP level between Q4 2019 and Q3 2020 is just unprecedented.

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This is an astonishing chart by Deutsche Bank. The surge in #debt-to-#GDP level between Q4 2019 and Q3 2020 is just unprecedented. pic.twitter.com/NkgLs5lhqL — jeroen blokland (@jsblokland) December 1, 2020 Stimulus: You get $1,000The country gets $1T in new debt 😉 pic.twitter.com/d5PqIv2JTo — Reminiscences of an American Capitalist (@4Awesometweet) December 1, 2020

Tesla’s stock will be added to the S&P 500 in a single step before the open on Dec. 21

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https://www.cnbc.com/2020/11/30/tesla-to-be-addedto-the-sp-500-in-two-parts-to-account-for-its-size-an-unprecedented-move.html The stock will be added at its full float-adjusted market capitalization before the open of trading on Dec. 21, the index provider said. Float-adjusted means that only shares available to the public are considered when evaluating a company’s weighting. The company that Tesla will replace will be named on Dec. 11, according to a … Read more

BELIEVE IN SOMETHING, UNLESS IT UPSETS THE CHINESE GOVERNMENT. Report: Nike, Coke, other companies lobbying against bill that would ban goods made with slave labor of Uighurs in Xinjiang.

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The Times opted for the term “forced labor” in this story for reasons I don’t understand. The oppression of Uighurs by China isn’t limited to telling them which jobs they need to work. The infringement on their liberties is total. Their existence is at the sufferance of Beijing. It’s a full-spectrum slave regime, replete with concentration camps. One … Read more

Walmart is gonna crash? $100M+ each (3 Walton) owner SOLD stock shares

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All within 5 days!! https://www.nasdaq.com/market-activity/stocks/wmt/insider-activity 11/23/20 Walton S Robson Director and Beneficial O… Sale 260,000 149.94 – 151.88 1,391,314,590 $39.1 M Walton Alice L Beneficial Owner of more … Sale 260,000 149.94 – 151.88 1,398,807,179 $39.1 M Walton Jim C Beneficial Owner of more … Sale 260,000 149.94 – 151.88 1,394,485,123 $39.1 M 11/20/20 Walton … Read more

China to become NATO’s second main enemy after Russia in next 10 years, report says

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The report notes the necessity to reform the Alliance, establishing a number of specialized structures, to counteract challenges coming from Beijing BRUSSELS, December 1. /TASS/. NATO experts have prepared the NATO 2030 – United for a New Era report, which claims that in the upcoming 10 years, China will become the second-worst enemy of the … Read more

Looks like twitter is suspending the accounts of people who testified in AZ. Must be another “glitch”.

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https://twitter.com/BobbyPiton He proved using census data and math that there’s a 100% chance of voter fraud, Twitter bans him before he’s done speaking. https://www.youtube.com/watch?v=VDf1j4IQz28&feature=youtu.be BIG TECH sending warnings to all those who come forward…. what an absolute disgrace. — Anna Khait (@Annakhait) November 30, 2020   h/t  Bobwillneverdie

Trump Pardons Flynn…It’s a Good Start!

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by Ron Paul of Ron Paul Institute for Peace and Prosperity Last week President Trump granted a “full pardon” to Gen. Michael Flynn, his first National Security Advisor. In a White House statement announcing the pardon, the Administration pointed out that the relentless pursuit of Flynn was a partisan effort to overturn the results of the 2016 election. … Read more

Risk assets are pricing in a more rapid economic recovery AND infinite stimulus; the result: people keep buying at record highs. This is called absurdity!

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Risk assets are pricing in a more rapid economic recovery AND infinite stimulus; the result: people keep buying at record highs. This is called absurdity! — Marc-André Fongern (@Fongern_FX) December 1, 2020 The S&P 500 has moved far beyond its peak price-sales revenue from March 2000, when the dot-com bubble years ended. See my Chart … Read more

America’s Pride In The Economy About To Be Greatly Shaken As Tens Of Millions Face Eviction In 2021

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In face of the expiration of the many programs that have provided a safety net to its citizens throughout the health crisis, America’s pride in the economy is about to be greatly shaken. Tens of millions are on the brink of eviction, the unemployment benefits alongside paid family leave benefits that have helped several households … Read more