Month: January 2022

The Cult of Speculation Is a Cult of Doom

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by Charles Hugh-Smith Surely the Fed gods will affirm the cult’s most revered articles of faith. But false gods eventually fail, even the Fed. Every once in awhile the zeitgeist sets up an either / or: either the zeitgeist is crazy or I’m crazy. (OK, let’s agree I’m crazy; see, it’s not that hard to find … Read more

Fed H8 Data update. GET YOUR HELMETS ON! Net Unrealized Gains drop another $6.4B across all banks, to -$11.4B of Net Unrealized Gains across all securities. Treasuries & MBS currently sit at -$9.96B – Big Banks: -$9.38B. ALL UNREALIZED GAINS ARE IN THE NEGATIVE FOR ALL BANKS.

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by laflammaster https://www.federalreserve.gov/releases/h8/current/default.htm Looks like they are trying to approach the market like the apes. Trying to form diamond hands out of shit in their hands. Problem: Those securities were pumped by the Fed.

More than $92 billion assets held in 17 million wallets in Russia,Bank of Russia & FSB want to outlaw & put a far-ranging ban,Selling starts?

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Sources say more than $92 billion of assets are held in about 17 million cryptowallets in Russia. They also say the ban reflects the position of Russia’s powerful security services and prevent funds from going to the opposition Bank of Russia Seeks to Outlaw Mining and Trading of Crypto Central bank proposed a far-ranging ban in … Read more

Chinese officer threatens US with nuclear war, carriers would be within Kill range…if US would enter #SouthChinaSea to defend Taiwan

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A Chinese officer threatens the United States with a nuclear war, saying aircraft carriers would be within kill-range of Chinese missiles the moment they enter the South China Sea. Is the United States going to defend #Taiwan when China launches attacks? A Chinese officer threatens the United States with a nuclear war, saying aircraft carriers … Read more

The spurious global economic boom since 2009 is largely based on bubbles like this. It’s happening virtually everywhere at this point.

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The spurious global economic boom since 2009 is largely based on bubbles like this. It's happening virtually everywhere at this point. Asset bubbles create a wealth effect, lending and construction booms, and new jobs. Unfortunately, it's a mirage.https://t.co/bjgRqXy42t — Jesse Colombo (@TheBubbleBubble) January 20, 2022 The ruling elite (central bankers, along with complicit economists and … Read more

US carrier heads to surprise NATO wargames

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The nuclear-powered fleet aircraft carrier USS Harry S. Truman will take part in next week’s NATO exercise in the Mediterranean Sea dubbed “Neptune Strike ‘22,” the Pentagon has announced. The 12-day exercise kicks off Monday and is supposed to “demonstrate NATO’s ability to integrate the high-end maritime strike capabilities of an aircraft carrier strike group … Read more

UK Student “Government ruined our lives”.

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Shame on anyone they know that didn’t stick up for them and went along with, absolute cowardly scum. 'I watched and felt like my entire life was falling apart because of what this government did to young people.' Welcoming the removal of face coverings in schools, political commentator Sophie Corcoran breaks down as she recalls … Read more

Ireland: Pair drag corpse to post office to collect his pension

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Gardai hunt men who brought dead man into Carlow post office in bizarre bid to collect his pension The brazen duo propped the retiree’s corpse up on their shoulders, but a staff member quickly noticed the elderly man was ashen-faced and possibly dead. They then called gardai who are now investigating https://www.irishmirror.ie/news/irish-news/gardai-hunt-men-who-brought-26018946   h/t Tess

American Companies Swoop in To “Fix” Inflation (But They Left Out This Fine Print)

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Photo by Katt Yukawa From Birch Gold Group Since it isn’t likely that inflation will ease any time soon, we should prepare for “sticker shock” in the near future (unless you’re experiencing it already). That’s because inflation robs you of buying power, stealthily, without actually changing the balance in your bank account. That’s true unless income rises faster than … Read more

Von Greyerz: A Long List of Ignored Yet Obvious Risks Ahead

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By Egon von Greyerz Matterhorn Asset Manager founder, Egon von Greyerz, sits down with Tom Bodroviks of Palisades Gold Radio to discuss a long list of open risks ahead—from derivative, property and currency markets to risk asset bubbles, unfunded liabilities and cornered central bankers. In both his corporate and personal life, Egon has always been fascinated with … Read more

Another 2A win… Brought to you by THE NRA

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Federal appeals court rules California pandemic gun store shutdowns violated Constitution   A federal appeals court ruled Thursday that two California counties that shut down gun stores as nonessential businesses in 2020 due to the scamdemic violated the Constitution’s Second Amendment.   Los Angeles and Ventura county officials had previously won lower court decisions stating … Read more