Month: June 2021

SOCIALISM: IF YOU BUILD IT, THEY WILL LEAVE. “San Francisco saw the second largest population decline of all major cities in the U.S. in 2020, according to census data. Only one city —Baltimore — logged a greater population decline.”

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San Francisco saw the second largest population decline of all major cities in the U.S. in 2020, according to census data. Only one city —Baltimore — logged a greater population decline. San Francisco’s population shrank by 1.39% between July 1, 2019, and July 1, 2020, U.S. Census data shows. Before that, San Francisco’s population had … Read more

Stocks as a percentage of household financial assets just hit a record high. Prior peaks have come before dreadful bear markets.

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https://twitter.com/UPFINAcom/status/1405677266332434435 You want to know how it looks like a 💣TICKING BOND💣? US high-yield corporate bonds' real yield turned negative. @SaxoStrats @saxomarketcall @saxobank pic.twitter.com/T9M1F2qSGa — Althea Spinozzi (@Altheaspinozzi) June 17, 2021 In summary, the prospect of a rate hike two years from now obliterated the cyclical rally. Ponzi inflation was obliterated by the sell order. … Read more

“If inflation comes back, inequality gap will shrink.” This is idiotic. Inflation is the most regressive tax.

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"If inflation comes back, inequality gap will shrink." This is idiotic. Inflation is the most regressive tax. https://t.co/eYPhdkZnRq — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) June 18, 2021 Reminded me of this pic.twitter.com/Ee79MLkd7x — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) June 18, 2021 The #Fed effectively tightened monetary policy by going from "not even thinking … Read more

Buy, Buy, Buy!

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https://twitter.com/farrisbaba/status/1406273336154509315   Just put things into perspective: Germany's Dax has dropped 1.6% this week. The combined mkt cap of all 30 Dax Blue Chips has fallen to $1.65tn, also b/c the Euro has lost >2% against the dollar this week. Is now again lower than that of the US big 3: #Apple, #Microsoft, #Amazon. pic.twitter.com/FuFvY7l7Px … Read more

‘Severe’ Blood Shortage Nationwide…

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MINNEAPOLIS (WCCO) — Right now, blood banks are desperate for donors. There is a severe blood shortage nationwide, including here in Minnesota. This shortage is due to a rise in trauma cases, organ transplants and elective surgeries. The American Red Cross is looking for donors of all blood types, especially type O and those giving … Read more

Congress passes bill making Juneteenth federal holiday to mark the end of slavery

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The US House has voted to pass legislation that would make Juneteenth a federally recognized holiday, meant to celebrate the end of chattel slavery in the country. Republican critics say the law will only fuel “identity politics.” Lawmakers voted 415-14 to pass the bill on Wednesday, making the 19th of June “Juneteenth National Independence Day,” … Read more

Jim Cramer: ‘The sell-off probably isn’t done’

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Upcoming public comments from the Fed’s James Bullard and Jerome Powell are crucial market events, CNBC’s Jim Cramer said Friday. Nike and FedEx also will offer key insight when they report earnings next week, the “Mad Money” host said. CNBC’s Jim Cramer on Friday looked ahead to next week’s key market events, which include public remarks from … Read more

Glenn Greenwald & Tucker Carlson – Great Discussion About The FBI & CIA’s Sketchy Relationship With The Mainstream Media

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Great Discussion About The FBI & CIA's Relationship With The Mainstream Media Tucker Carlson & @ggreenwald Discuss The Liberal Corporate Media Branding Anyone Who Asks Questions Asked About The FBI's Role On January 6th As A "Conspiracy Theorist" pic.twitter.com/wO7U3AgX7o — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) June 19, 2021 https://t.co/NaTqrotsJP — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) … Read more

This One Metric Absolutely Terrifies the Fed

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Photo by Anna Kester From Birch Gold Group The “whack-a-mole” game of watching inflation fall and rise sharply over the past 25 years is disheartening at best. Here’s why… Inflation officially sits at 5 percent (the highest since 2008). The last 25 years of inflation rising and falling are shown on the chart below: As you can see, the blue line remains … Read more

US Dollar Breakout Could Cool Off Commodities Prices

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by Kimble Charting Rising commodities prices have been all over the news for several months. The rally has been broad-based and persistent. So what could possibly derail the commodities rally? U.S. Dollar strength. King Dollar has not been so king-like over the past several months… but it is starting to show strength after double-bottoming at (1). And … Read more

Cyberattackers Are Trying to Poison Our Water Supplies, Targeting Critical Infrastructure

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https://www.youtube.com/watch?v=n-jwG-mnwvc The hacker had the username and password for a former employee’s TeamViewer account, a popular program that lets users remotely control their computers, according to a private report compiled by the Northern California Regional Intelligence Center in February and seen by NBC News. After logging in, the hacker, whose name and motive are unknown … Read more

‘Fast’ market sell-off is coming warns Gareth Soloway; Stocks haven’t done this since start of pandemic

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Kitco News, Released on 6/18/21 0:00 – S&P 500 breaking the trendline 3:20 – Monetary policy 6:04 – Trading algos 7:47 – Trading volume 8:30 – Put-call ratio 10:34 – Gareth’s trades 11:30 – Inflation 13:53 – Gold and silver 16:44 – Bitcoin 17:50 – Upcoming live interview The S&P 500 just broke a major … Read more