by Mike Gleason Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. After getting off to a rough start to open the week, precious metals markets appear to be stabilizing. Gold and silver prices got walloped in a futures selling raid ahead of Monday’s market open. … Read more
by confoundedinterest17 Today’s import and export numbers for the USA show a disturbing trend. US export prices rose +17.2% YoY in July. That is the third consecutive month of +16.9% and above export prices growth. That begs the question: Is The Federal Reserve exporting inflation to US trading partners through its financial repression? The Wall … Read more
https://www.youtube.com/watch?v=X6gROsZ4fFM Reagan McCarthy from Townhall reports, In the early hours of the morning on Wednesday, Senate Democrats passed their $3.5 trillion budget resolution with no GOP support. The passage sets the stage for a massive spending bill to be brought up in the Fall. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/reaganmccarthy/2021/08/11/dems-pass-framework-for-35t-budget-n2593957
Dreams are far more than the spontaneous, random firing of neurons that some insist they are. They must likewise be far more than the activation of random memories already contained in the brain’s neurocircuitry. True, dreams often contain a mix of emotions and things we have previously experienced, but in dreams, there are often people, … Read more
August 15, 2021 marks the 50th anniversary of the end of the gold standard in the U.S. In 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no longer convertible into bullion.
https://twitter.com/libsoftiktok/status/1426203344092254215
https://twitter.com/NorthmanTrader/status/1426220312736194563 "the market today is statistically expensive on almost every measure of the 20 metrics we track, except on growth and relative to bonds." – BofA pic.twitter.com/RZiBPAjTwU — zerohedge (@zerohedge) August 13, 2021 Consumer Sentiment Dives To Lowest Level Since 2011 – due to Delta virus, #wages, #inflation. h/t @DiMartinoBooth analysis showing how the CPI … Read more
A supposed DNA match between Rep. Ilhan Omar and her second husband Ahmed Elmi allegedly proves that the two are siblings It has long been rumored that Omar and Elmi are siblings, but because of a lack of paperwork in war-torn Somalia, positive proof has never been uncovered The match says that Omar’s DNA was taken … Read more
A group of nine moderates is threatening to withhold their votes from Democrats’ $3.5 trillion budget resolution later this month, endangering Speaker Nancy Pelosi’s two-track plan to push both a massive infrastructure bill and social spending agenda through the House in the coming weeks. That missive — which was made public Friday — quickly escalated tensions across … Read more
(Bloomberg) — U.S. consumer sentiment fell in early August to the lowest level in nearly a decade as Americans grew more concerned about the economy’s prospects, inflation and the recent surge in coronavirus cases. The University of Michigan’s preliminary sentiment index fell by 11 points to 70.2, the lowest since December 2011, data released Friday … Read more
BY JOHN RUBINO Gold bugs should never assume that the mainstream investing community actually understands finance. That includes the Wall Street Journal, which recently published an article (Gold as an Inflation Hedge: What the Past 50 Years Teaches Us) purporting to show that gold does not protect against a depreciating currency. The article begins with a couple … Read more
by Chris Black Taliban Takes Kandahar, US Embassy Evacuating: https://twitter.com/theragex/status/1425599598622543879 JUST IN: Taliban take control of Kandahar, the second-largest city in Afghanistan. — The Spectator Index (@spectatorindex) August 12, 2021 https://twitter.com/tagabhishek/status/1425932438841315331 After a 20 year war and over 2 trillion dollars spent, America is retreating from Afghanistan, a third world country, also known as the … Read more
https://www.youtube.com/watch?v=RV5XZ0vblok
by Chris Black Four years ago in Charlottesville, the battle for the soul of America was laid bare. Neo-Nazis, Klansmen, and white supremacists emerged from the shadows, but Americans of all different backgrounds stood their ground. We must continue to stand up to hate and bigotry — together. — President Biden Archived (@POTUS46Archive) August 12, … Read more
Credit card debt is a serious issue today as it has surged at a record pace. Inflation is everywhere today! Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on markets right now globally because of the inflation of the money … Read more
by Josh Sigurdson via World Alternative Media Josh Sigurdson reports from Wall Street in New York City on the imminent great reset which will see an enormous global power shift take place as money becomes worthless and people become dependent and desperate which is already happening. As inflation skyrockets and the price of living becomes more and more … Read more
“Let the future tell the truth, and evaluate each one according to his work and accomplishments. The present is theirs; the future, for which I have really worked, is mine” -Nikola Tesla “The important thing is not to stop questioning. Curiosity has its own reason for existing” -Albert Einstein Hard for me to wrap my … Read more
#PHOTOS Here are some photos from scene of collapse at La Bonita Supermarket near DI and Eastern Avenue https://t.co/VisJgxRnmR pic.twitter.com/f4ZbkfXrXl — KTNV | Channel 13 News Las Vegas (@KTNV) August 13, 2021
We should not be there. this is why America is hated. let them evolve on their own trajectory. h/t Middle Path
While the Texas Supreme Court affirms Ted Cruz and says, in effect, “Bring out the leg irons,” a pony-tailed researcher at Politifact insists that both Cruz and the Texas Supreme Court have gotten their facts wrong. — Dinesh D’Souza is an author and filmmaker. A graduate of Dartmouth College, he was a senior domestic policy … Read more
by The Phoenix The #1 question I’m asked these days is… “Are stocks in a bubble?” Defining a bubble in stocks is extremely difficult because stock prices are based heavily on Treasury yields, and Treasury yields are at ridiculously low levels due to the fact that the Fed is currently spending $960 BILLION per year buying Treasuries. … Read more
https://www.youtube.com/watch?v=U_Yl805Qlyc
by confoundedinterest17 The University of Michigan survey of consumers is out and their buying conditions for housing (good) was a disasters. Only 32% on consumers view buying conditions for a house as good. That means that 68% think buying conditions are not good. Why? With the Case-Shiller National Home Price Index growing at a scorching … Read more
Census: Rural America shrinks as people flock to big cities The number of Americans who live in rural areas continued to shrink in the last decade while the nation’s largest cities grew substantially, according to new data released Thursday by the U.S. Census Bureau. Fewer than half of the 3,143 counties in the United States … Read more
