Bitcoin Winter Is Here; Crashing to $10,000 and It Could Linger for Years Warns Former Crypto Bull

Stansberry Research, Released on 7/1/21 It is highly likely we have entered capitulation and that crypto prices have gone out of bounds; the first stop is Bitcoin at $20,000 and then possibly to $10,000 says Clem Chambers, CEO of ADVFN. “We are heading to BTC $20,000 and Ethereum $1,000. There will be almighty volatility,” he … Read more

A Timeline for Draining Supply Chains

Goldman Sacs put out a time line when they think supply chains will stabilize and refills, that’s Q2 2022, but its from demand destruction as prices become so expensive consumers stop buying. Freight rates hit $100,000 per day, Argentina halts beef and corn exports and the CME starts nature offset credits, made of air market, … Read more

USA deficit to hit $3 trillion THIS YEAR…

The federal deficit will hit $3 trillion in 2021 for the second consecutive year, primarily because of the national spending blitz in response to the coronavirus pandemic, the Congressional Budget Office said Thursday. The deficit represents a slight decrease from last year but is triple that of 2019, and amounts to one of the biggest … Read more

Citi, BofA, Goldman, other banks accused of credit default swap antitrust scheme and market manipulation. (2008 flashbacks anyone?)

🚨 BREAKING NEWS 🚨 Citi, BofA, Goldman, other banks accused of credit default swap antitrust scheme and market manipulation. (2008 flashbacks anyone?) — unusual_whales (@unusual_whales) July 1, 2021 New Mexico’s sovereign wealth fund brought a federal antitrust lawsuit claiming Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., and other top financial institutions rigged the credit default … Read more

Apparently America’s media outlets are in some kind of competition to see who can compose the most nauseatingly sycophantic paean to China’s communist party?

I’m going to start compiling these … please send along any tweets I may have missed — Tom Elliott (@tomselliott) July 1, 2021 Google & YouTube are removing videos and channels of Uyghurs & family members of people who have been disappeared in Xinjiang – per Reuters. https://t.co/J4IYV7LH9N pic.twitter.com/QBEGUglj5d — Stephen L. Miller (@redsteeze) July … Read more

Marc Faber: The American tax system is rigged

Recently, Abigail Disney wrote an article entitled, I Was Taught From a Young Age to Protect My Dynastic Wealth (Miss Disney is the granddaughter of Roy Disney who founded with Walt Disney the successful entertainment company in 1923). According to Miss Disney: “When ProPublica published its report last week on the tax profiles of 25 … Read more

He gets it : Shaquille O’Neal Skewers Leftist LeBron James Over Schedule Complaints: 4 Hours a Week, $200 Million a Year While 40 million Americans have lost their jobs

Basketball legend Shaquille O’Neal blasted fellow NBA star LeBron James after James complained about the league’s grueling new schedule, which he said is not giving NBA players enough rest. In fiery remarks, the former Lakers star argued that superstar athletes — such as James — continue to make massive amounts of money during a global … Read more

Pinterest goes woke bans ALL lost weight ads.

Pinterest has announced a complete ban on weight-loss ads, which goes into effect today. The policy builds on previous rules that prohibited ads for weight-loss or appetite-suppressant pills and supplements, liposuction and fat-burning procedures and body shaming. There’s now a blanket ban on ads with any weight-loss language or images, and those that reference Body … Read more