by Egon von Greyerz Why do 99.9% of investors not own gold? Due to my interest and activity, I clearly meet a higher percentage than the 0.1% who both understand and own gold. But I also meet a lot of …
The Absolute State of our Congress Utter Chaos During House Judiciary Hearing On Mueller Report Funniest and most absurd thing you’ll see today. Thanks Jerry Nadler for the comedy! The Absolute State of our Congress Utter Chaos During House Judiciary …
by John Mauldin In the Great Recession, authorities faced enormous pressure to “do something.” Letting nature take its course may well have been the best strategy. But it couldn’t happen that way in our political system. They had to act. …
Washington Post: “When Barr pressed Mueller on whether he thought Barr’s memo to Congress was inaccurate, Mueller said he did not but felt that the media coverage of it was misinterpreting the investigation, officials said.” https://www.washingtonpost.com/world/national-security/mueller-complained-that-barrs-letter-did-not-capture-context-of-trump-probe/2019/04/30/d3c8fdb6-6b7b-11e9-a66d-a82d3f3d96d5_story.html CNN: “Later, Barr and Mueller …
by Graham Summers of Gains, Pains, & Capital One investor has a history of timing major market turns like no other. He called the 2011 growth peak before anyone else. He nailed the 2016 bottom in risk assets. And he even timed the …
via @crescatkevin: Meanwhile, breadth failing vs. 1/18 top, just like 9/18. Listen on Hidden Forces:
by confoundedinterest17 I am still laughing over Fed-nominee Stephen Moore calling Ohio “the armpit of America.” But I wonder what Moore has to say about the idea of a new Fed quantitative easing scheme: Federal Reserve officials are considering a new program …
via mhanson: Redfin reported last week that house prices were down 0.1% y/y in March, the ‘first such decline since 2012’. BUT, that sounds better than it really is… Redfin has been reporting shrinking HPA for about a year now (See Item 1). Last …
BY JOHN RUBINO Paying someone in order to lend them money seems kind of pointless. Yet the practice of stashing wealth in places where it yields nothing (and maybe even costs a bit for storage) is more common than you …
by DrPenguin Reparations Who gets them? How much? Who pays? These are the simplest questions on the issue and they dance around them when given an opportunity to explain. My favorite is when they answer that “it’s something we should discuss” …
by FS With negative interest rates in Europe and Japan, exploding debt levels, and the growing popularity of radical monetary experiments like Modern Monetary Theory in the U.S., traditional safe-haven assets like gold are looking more and more attractive, says …
via @PhilipSoos: The RBA’s housing credit series fell to 4% in Mar-19. On present trends, it should decline to 3% by Dec-19, which is our baseline scenario. CCR 100% and seasonal factors could well drive it even lower. UBS are super-bearish …
Journalist = Propagandist = Enemy of the People. The public thinks that journalist use incidents as props to support their political agenda. Two-thirds think journalists would bury a negative story about candidates they support. h/t LSR
WikiLeaks founder Julian Assange stated that Hillary Clinton’s Clinton Foundation and the self-proclaimed Islamic State (IS, formerly ISIL/ISIS) are funded from the same sources. He was speaking about the organisation’s latest release of Clinton emails, during an interview on the …
via spectator: Since the release of the Mueller report, with each passing day comes a new and increasingly strident demand to impeach Donald Trump. The New York Times, Washington Post, and various prestige magazines are cluttered with such demands, casting impeachment …
It’s wrong to think of them as an industry, or even as an institution. They’re a middle-school style clique, whose members’ chief goal is to perform for the approval of other clique members. via powerlineblog: The White House Correspondents’ Association held …
In this Special Episode of Hidden Forces, Demetri Kofinas speaks with Kevin Smith and Otavio Costa of Crescat Capital, in a continuation of our recent markets coverage, with a particular focus on specific indicators that could validate a bear market …
via themarketear: Wilson´s worried: 1. We do not change our broader call for a multi-year trading range of 2400 – 3000 for the S&P. With valuations at the high end of fair value and continued conviction that earnings estimates still …
by GoldCore Australian, American and British People Need To Learn Lessons from Ireland ‘First Hand View From Ireland’ – Martin North & Eddie Hobbs Australian financial expert, Martin North discusses the Irish property crash and financial crisis a decade ago …
Candace Owens debates Jehmu Greene, about Democrats and the black community. Candace Owens debates Jessica Tarlov regarding the mistreatment of conservative women in the Trump administration h/t PC
By Harry Dent Let’s pick up where we left of in our real estate conversation from last week. It’s on everyone’s minds. It’s all over the media. Everyone knows housingprices are over inflated. In places like San Francisco, they’re outrageous. Increasingly, the data shows …
VIRGINIA CLOWN SHOW UPDATE: Democratic Party of Virginia Tells Justin Fairfax They Don’t Want His Money, and His Office Is Fuming. Meanwhile, CNN’s Brian Stelter “forgets” Gov. Ralph Northam’s infamous January 30th statement during an interview broadcast on Washington DC’s WTOP radio: When we …
THE SUPREME COURT ON Wednesday ruled unanimously to limit the ability of state and local governments to seize property, including through the controversial practice of civil asset forfeiture. Voting 9-0, the justices found that the Constitution’s prohibition on excessive fines under the Eighth …
by David Haggith You may be worried my prediction that a recession will start sometime this summer is not looking too good. So was I after first-quarter corporate earnings started coming in better than what economists expected. Except that barely “beating expectations” is …
By David Stockman Big Five Combined (billions): Q2 2007………$5,354 Q4 2018……….$20,652 CAGR…….12.5%/Year
by northmantrader The final phase of a bull cycle is the most deceiving. It is the time when things are at their best, optimism runs wild, equities can do no wrong and any warning signs are dismissed as equity price action …
Former CIA Officer and whistleblower Kevin Shipp says, “The danger for ‘We the People’ is the Dark Left and Dark Left violence. As these indictments begin to come out, and as the players are called out, the violence on what …
by Ruby Henley I have a little bit of everything in this report. Too little time, but so much to say. A little tidbit of information I find interesting is what is in the McClatchey Report – Quote – Mueller …
via twitter: What’s hilarious is, this is entirely because Democrats — wrongly — believe that Facebook cost Hillary the election. If they thought it had won the election for her, they’d be 180 degrees different. UPDATE:
Via CNBC Google keeps a log of everywhere you go if you use Google apps and services on your phone. It has a creepy level of detail that might surprise you. Google makes it easy to find this information …