Month: June 2021

Ultrarich Fleeing to Puerto Rico Find the IRS Already Waiting

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(Bloomberg Law) — Private wealth clients, hedge fund managers and cryptocurrency traders fleeing to Puerto Rico for its huge tax breaks—and to escape President Joe Biden’s proposed capital gains tax increases—are now the focus of a sweeping Internal Revenue Service review. The country’s tax collector quietly launched a coordinated campaign in late January to examine … Read more

Coke is too woke and it’s vending machines are now banned in NC county

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A county in North Carolina is trying to “cancel” The Coca-Cola Company after the company’s foray into politics to campaign against Georgia’s voting reforms. Surry County voted 3-2 to ban Coke vending machines in its public buildings in response to the Atlanta company’s statement claiming the new laws would “diminish or deter” access to voting. … Read more

The 2000s dot com bubble is literally a picnic compared to today

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The 2000s dot com bubble is literally a picnic compared to today https://t.co/eigPWoRG4o — Liberty Street News (@LbrtyStreetNews) June 2, 2021 Good day for memes…AMC $AMC: +102%Koss $KOSS: +71%Bed Bath $BBBY: +51%Express $EXPR: +33%Blackberry $BB: +32%GameStop $GME: +14%Sundial $SNDL: +13%Tilray $TLRY: +12%Clover Health $CLOV: +12%Dogecoin $DOGE: +12%Virgin Galactic $SPCE: +10%Beyond Beat $BYND: +10% — Charlie … Read more

Powell’s liquidity casino June 2021:

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https://twitter.com/NorthmanTrader/status/1400129597853810688 Crude Oil closed at its highest level since October 2018, up 91% over the last year. pic.twitter.com/F5wUtYnj0E — Charlie Bilello (@charliebilello) June 2, 2021 M&A activity has already blown past the $2 trillion mark in a record-breaking 2021 So far in 2021, global mergers and acquisitions have totaled a record $2.4 trillion, up 158% … Read more

Chamber Of Commerce Confirms US Labor Shortage Is A “National Economic Crisis”… ISM Reports Longest Delivery Times on Record

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Chamber Of Commerce Confirms US Labor Shortage Is A "National Economic Crisis" https://t.co/VKAVNQM4IP — zerohedge (@zerohedge) June 2, 2021 ISM reports longest delivery times on record pic.twitter.com/eZqaGtnUcZ — Not Jim Cramer (@Not_Jim_Cramer) June 1, 2021 https://twitter.com/QTRResearch/status/1400113361476542467

As Police Brace For A “Summer Of Violence”, Murder Rates Are Absolutely Exploding All Over America

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by Michael Snyder It appears that the violence in major U.S. cities is about to escalate even further.  Summer is usually the worst season for violent crime in America, and authorities are openly warning us that a “summer of violence” is approaching.  But at this point it is difficult to imagine things getting worse because we are … Read more

Barack’s Latest Revelation about Biden is Grounds for IMPEACHMENT

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https://www.youtube.com/watch?v=xMIgP2_WESk Mike LaChance from American Lookout reports, Have you felt like you’re living through Obama’s third term as president? There may be some truth to that. During a recent interview, Obama said that Joe is working with his former staff to ‘finish’ the job. Doesn’t that sound like Biden is carrying on Obama’s vision? Read … Read more

Doug Casey on the “Graveyard of Empires”

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Via International Man International Man: After almost 20 years, the US government announced it is officially leaving Afghanistan and is pulling its troops out of the country soon. What’s your take on this? Did the US government accomplish anything? Doug Casey: The US presence in Afghanistan for 20 years is clinically insane. The place has … Read more

Preservation Of Wealth Versus ‘You Only Live Once’: Another Victory For Retail Traders

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by Chris Vermeulen of The Technical Traders In a market flush with cash where traders are able to use social media to target heavily shorted symbols – incredible things can, and often do happen.  AMC follows GME to the heavens as retail traders flex their muscles while pushing institutional-level players to the sidelines.  It is a true David … Read more

Food Prices To Soar Higher As California Farmers Destroy Crops Because Dust Bowl Condition Spreading

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https://www.youtube.com/watch?v=DJt9LyJKyB4 Every single American is going to be deeply affected by the crisis that is unfolding in California right now. The state has almost 25 million acres of farmland, and it produces the vast majority of the fruits and vegetables we consume in the U.S. However, as a catastrophic megadrought has started to devastate millions … Read more

THERE’S DEFINITELY SHRINKAGE.

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‘Shrinkflation:’ The Latest Consequence of Reckless Federal Spending, Explained. We already know that top inflation metrics have recently surged, and executives at companies like Costco are warning that price hikes are hurting their customers. Now, there’s a new inflation consequence hitting consumers: “Shrinkflation.” I’d never heard the term before today, but new reporting from the Washington Post explains how some companies are … Read more