Bank Runs have started.
Spoke with a manager at a TD bank in New Jersey. She stated the branch had actually ran out of cash. Each customer was withdrawing between $3000-$7000. They had to truck more cash in just to cover the demand. It …
Featured
Move Over Coronavirus; Is This “Repo-Virus” the True Culprit of the Crash?
From Birch Gold Group There is no doubt, if stocks don’t stage a turnaround soon, the coronavirus could bring the U.S. economy to its knees. But there is another entity that could cause even more panic in the markets than a virus, and …
The Demise Of The Financial System Is Imminent
by Egon von Greyerz “Next five years is not about winning but surviving.” This is the headline of an article I wrote in early August 2019. At that point I was primarily thinking of economic survival. But now the world is …
White House Turns Away Reporter From Chinese Owned Network
White House Turns Away Reporter From Chinese Owned Network After His Temperature Was Taken 3 Times Before President Trump’s Press Briefing Alex Salvi @alexsalvinews NEW: The White House is taking the temperatures of people before entry to press briefings. A …
The Poop Apocalypse Is Real: Shipping Companies Now Banning Truck Drivers From Using Their Restrooms!
by AC I’m a truck driver and my company just sent this to me. In short: “drivers we just have been informed by our largest customer that they are limiting non-employees use of their breakrooms and restrooms. This is intended …
Bill Murphy – Black Swan Price Explosion Coming for Gold & Silver
Bill Murphy, Chairman of the Gold Anti-Trust Action Committee (GATA), contends, “Gold and silver prices right now are artificially low because of these (gold cartel) people. This is what’s going to cause the biggest move in history. It’s now coming …
Where We Go From Here
by Demandredz Wow, what a crazy week. The S&P 500 ended up down about 20%, developed markets in dollar terms are down about 24% according to the price action in IEFA, and we’re down about 18% in emerging markets (IEMG). …
CDC Recommends Schools Closed for 8 Weeks, Warns Against Travel Within the US. New Jersey Under A Curfew
CDC: School closures of 8 weeks or more may be needed (CNN) Closing schools for eight weeks or more may have a greater impact on mitigating the spread of the novel coronavirus than two- to four-week closures, the US Centers for …
Watch for Florida replacing Washington as the epicenter:
· Washington has been hunkering down, closing schools, setting limits on numbers for gatherings, canceling events, and self isolating with even mega corps like Microsoft closing their campus and requiring workers to work from home. · Florida: Spring Breakers – ie …
Buckle Up: The CDC is hiring Quarantine officers
by dog https://www.usajobs.gov/GetJob/ViewDetails/549063900 Summary Serve as a project representative for a program responsible for preventing the importation and spread of communicable diseases. Salary $51,440 to $93,077 per year Locations Many vacancies in the following locations: Anchorage, AK Los Angeles, …
This chart comparing infection rates between Italy and the US
by dev_thetromboneguy
NARRATIVES ARE DROPPING LIKE CNN RATINGS…
Hell freezes over. Gov. Cuomo publicly praises President Trump and the Vice President for corona response Gov. Andrew Cuomo on New York's drive-through coronavirus mobile testing center: "I want to thank the Vice President and especially the President who facilitated …
Charles Nenner – No Way to Avoid Coming Depression
Does it get worse before it get’s better? Nenner says, “I think we are heading for a depression. Usually we go into a recession at a 6% GDP. Now, we have 1.5% to 2% GDP. Usually, the Fed Funds are …
Not Just For Italy. Socialism Kills — Both Varieties, National And International — Fast Or Slow, Soft Or Hard, But It Always Kills
Makes me think of what Heinlein said, from memory: “Stupidity is the only capital crime. The punishment is always death. There is no appeal.” For Italy, multilateral globalism, plus socialism, equals death. Italy’s in dire need of help. Its health …
Ask yourself why the media called it the Wuhan virus until the moment the Chinese government began their big propaganda push, then it instantly became racist. Our media is much, much worse than just biased.
AGENTS OF INFLUENCE: https://twitter.com/PartymanRandy/status/1238447327360278532 Related: here is yet another NYT columnist repeating the Chinese propaganda line. Please stop doing this. pic.twitter.com/HbXGHyr7DL — PoIiMath (@politicalmath) March 13, 2020 Also: REMINDER: We should be hammering the hell out of China for their culpability …
Statement by the Department of Defense on Domestic Travel Restrictions
Today, the Deputy Secretary of Defense David L. Norquist approved new travel restrictions for service members, DoD civilians, and their families assigned to DoD installations, facilities and surrounding areas within the United States and its territories. This restriction will halt all …
Tucker: Regular life is all but suspended
VIDEO: Tucker: Regular life is all but suspended VIDEO: Tucker Carlson: “What happens if the homeless population gets infected with coronavirus?”
Student Loan Interest Waived, Going to Buy Oil
Trump to buy oil for strategic reserve to aid energy industry: ‘We’re going to fill it’ President Donald Trump on Friday said he’s directed the U.S. Department of Energy to purchase crude oil for the Strategic Petroleum Reserve. The move …
Medical Expert: “There Are Probably 25 To 50 People Who Have The Virus For Every One Person Who Is Confirmed”
by Michael Snyder The COVID-19 pandemic continues to explode all over the globe, and authorities are warning that it is going to continue to get worse. The number of confirmed cases outside of China roughly tripled once again this week, and if …
Historic Volatility Tells Me This Stock Market is in the Middle of an Equally Historic Crash
A gigantic spike at the very end after two of the craziest trading days I’ve seen. Here’s how my trades went. But that’s it for me. I’m staying out of this market, it’s just too crazy. By Wolf Richter for WOLF STREET: Holy …
Washington & the Fed are all out of ideas about how to stop Crash2. They will blame the Wuhan virus, but the facts show they’ll be lying
by John Ward All the signs you need to see are there this afternoon and early evening in the markets. The dead-cat bounce I predicted Tuesday has ended, and more value has been sliced off the Dow: a fall of 1,600 …
White House Announces Landmark Executive Order to End Reliance on China for Medical Supplies After China Tries To Cut US Off Of Supply
“In an article in Xinhua, the state-run media agency that’s largely considered the mouthpiece of the party, Beijing bragged about its handling of COVID-19, a virus that originated in the city of Wuhan and has spread quickly around the world, …
Is This Like 2008?
by UPFINA With the S&P 500 down just under 27% from the peak in February. We are at a moment of extreme pessimism. This was the fastest bear market ever. The pessimism isn’t just based on stock prices though. We’ve seen …
Not Only Did Democrats Vote to Include Abortion Funds in the Stimulus, They Also…
They also voted to not fund extra respirators for the sick. Democrats are demonic liars. Senate Democrats also voted against increasing access to medical respirators. Now why on earth would Democrats do that at the very same time that they …
Tucker: There is lots of ROT in our halls of power: govt, courts, Justice/FBI/FISC, academia…ROGUE JUDGES ARE THE WORST.
REALCLEARINVESTIGATIONS: Buried From Trump Tower Meeting: Translator’s Avowal to FBI of ‘No Collusion.’ It’s become pretty obvious that the entire Mueller investigation was a sham, and known to be a sham to its participants from the beginning. It was a political …
I think the situation in Iran is really awful.
IRAN: NOTHING TO SEE HERE, MOVE ALONG: Coronavirus burial pits so vast they’re visible from space: Iranian authorities began digging a pair of trenches for victims just days after the government disclosed the initial outbreak. Together, their lengths are that of …
Corona virus shuts down major league baseball, hockey and basketball seasons setting of more panic… Lockdown in progress
MLB shutting down, will delay regular season amid coronavirus worries PORT ST. LUCIE — Major League Baseball, like much of the rest of the sports world, screeched to a halt Thursday because of coronavirus. The league canceled the rest of …
PANIC! Who’s Blowing Up?
PANIC!!! pic.twitter.com/YbWiVJcZL8 — Randy Woodward (@TheBondFreak) March 12, 2020 Who's blowing up? https://t.co/VtyJJlo01n — Randy Woodward (@TheBondFreak) March 12, 2020 https://twitter.com/NorthmanTrader/status/1238155686128869377 Stresses in global credit markets are intensifying https://t.co/XT8CrzcJkw via @business pic.twitter.com/bSdwcNaQul — Paul Dobson (@paul_dobson) March 12, 2020 https://twitter.com/minefornothing/status/1238143176692469761 …
Peter Schiff: We’re in another financial crisis and the world will be flooded with money … Disease expert Michael Osterholm: The coronavirus is just beginning…
BY JOHN RUBINO Peter Schiff: We’re in another financial crisis and the world will be flooded with money … Disease expert Michael Osterholm: The coronavirus is just beginning… Rick Rule: Gold stocks are stocks; in a panic all stocks sell off …
Goldman Sachs warns US markets will face further sharp falls… Cramer: Worried that multiple companies in the S&P 500 could go bankrupt within four weeks.
https://www.ft.com/content/d41b7aba-63a4-11ea-b3f3-fe4680ea68b5 Goldman Sachs has called time on Wall Street’s 11-year bull run, warning that the coronavirus outbreak and oil crash will send the market tumbling by almost 30 per cent from the record highs set last month. The Wall Street …