by GoldCore The two day rise in the gold price of more than US$50 fizzled out on Tuesday. The gold price is down about 7% (in US dollar terms) since its year-to-date high set on January 6. It is also down 13% from its all-time high set in August 2020. The silver price, boosted by social media … Read more
by Michael Snyder For as long as I have been alive, there has been an epic struggle for control over America’s values. It has been referred to as “the culture war”, and it is often framed in political terms, but the truth is that it runs much deeper than that. Literally every moment of every … Read more
by Chris Kimble Inflation seems to be a thing of the past… but current trading in bond and commodity markets tell us that it could become a thing of the future! Inflation hasn’t been an issue, or even on our radar, since the 1980s. Sure, the 2007 surge in oil prices offered some concern but the … Read more
by John W. Whitehead “Police fail to grasp that they are public servants for peace. They should provide a civil service, to enforce the laws equally, without bias and with discretion. They must understand that they do not have immunity or special privileges and — most importantly — are just responsible for apprehending suspects, and should not … Read more
by Dave Kranzler of Investment Research Dynamics We know that price discovery is impossible until the paper exchanges in NYC and London blow up. Or is it? There’s plenty of above-ground silver around the world. Yes most of it is “spoken for” by the owners of that silver. Silver producers can’t produce enough silver to satisfy demand at the … Read more
The Bay Area’s KRON4 reports: KRON4 has confirmed famed Bay Area retailer Fry’s Electronics is closing its doors permanently. The company is expected to post closure information on its website early Wednesday morning. Fry’s has more than two dozen stores mainly across California and Texas. Developing. The San Jose Mercury reports: North San Jose tech campus could sprout … Read more
by Robert Murphy via Mises Amid the controversy over GameStop, many cynics argued that something sinister was clearly afoot because the hedge funds had shorted 138 percent of the outstanding shares. In this article I’ll review that particular claim, as well as another seemingly dubious practice, so-called naked short selling. My conclusion is that shorting more than the total outstanding shares isn’t … Read more
by confoundedinterest17 In an example of hyper-active stock trading, GameStop is back up to $91.71… on Reddit? (Bloomberg) — GameStop extended gains to much as 74% in late afternoon trading before being halted, as retail traders took to Reddit to discuss the stock following news of the upcoming departure of Chief Financial Officer Jim Bell. The Fibonacci retracement … Read more
These are the same ‘cages’ that the media shreaked over for four years. Let’s see how Jeff Bezos’ blog “reported” on it. “First migrant facility for children opens under Biden” https://www.washingtonpost.com/national/immigrant-children-camp-texas-biden/2021/02/22/05dfd58c-7533-11eb-8115-9ad5e9c02117_story.html -Migrant -Facility -for -Children We live in a fake society where facts don’t matter and most people have never had an original thought in their … Read more
from John Wilder at Wilder Wealthy Wise. “Wait till she finds out you’re 4’6 and peddle a Schwinn.” – Home Improvement I had a boss once who could have worked for FEMA – he showed up late, and wasn’t any help when he finally arrived. There I sat, in the middle of the highway, on my right side. … Read more