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by confoundedinterest17 Yes, it is fun times in markets this Friday as $3.3 trillion in options expire. As of 9:52am EST, we see Bitcoin (white) and Ethereum (blue) falling along with the Dow (pink), while gold (gold) fell then rebounded. European stock markets are down 2% today. Global sovereign bond prices are up across the board … Read more
Kitco News, Released on 1/20/22 “With all indicators pointing to inflation continuing to be problematic, the U.S. dollar index leveling off, and crude oil prices remaining high, gold prices could hit $2,000 an ounce this year,” emphasized Jim Wyckoff, Senior Market Analyst at Kitco News. David Lin, Anchor at Kitco News discussed gold and inflation … Read more
The Pennsylvania Senate has passed legislation to prohibit state and local governments from using taxpayer money to pay ransoms to hackers.Senate Bill 726, sponsored by Sen. Kristin Phillips-Hill, R‑York, defines ransomware and outlaws the act of possessing, using, developing, selling or threatening to use the technology. It includes penalties ranging from a first-degree misdemeanor to … Read more
As we reported last night, Senate Majority Leader Chuck Schumer’s effort to pass their effort to federalize elections and do in the filibuster went down in flames. Sen. Joe Manchin (D‑WV) and Sen. Kyrsten Sinema (D‑AZ) joined the Republicans in voting against killing the filibuster, 52–48. U.S. Senate FAILS to change filibuster rules, 52–48. 60-vote … Read more
Media outlets that lean to the left ignore the lengthy criminal history of Brianna Kupfer’s alleged killer in their reporting, omitting his mugshot from their homepages as well. Several liberal media giants – including the Los Angeles Times, ABC News, CBS, and CNN – failed to include information about Shawn Laval Smith’s violent past. Also, … Read more
An American Airlines flight to London from Miami turned around about an hour into its journey on Wednesday night because of a passenger who refused to wear a mask, the airline said. The Boeing 777, carrying 129 passengers and 14 crew members, was about 500 miles into its 4,400-mile flight when it reversed course off … Read more
By Lance Roberts Wage increases are undoubtedly good for workers. However, as we will explore, wage increases are a double-edged sword that often has more negative economic consequences. Importantly, wage increases are undoubtedly good for consumers. There is no arguing that point. After all, who doesn’t want to make more money for doing their job? … Read more
National Instant Criminal Background Check (NICS) verifications weren’t just processed in Red, pro-Second Amendment leaning states, however. Some of the biggest figures in the previous 12 months came from Blue states, typically home of strict gun control laws. Of the seven states that processed more than one million NICS checks in the last year, two … Read more
Rafi Faber with Patrick V. on Silver Bullion TV SBTV spoke with Rafi Farber, publisher of The End Game Investor, about the solidity of gold and silver as money. Rafi believes the current debt-laden monetary system will eventually collapse and only gold and silver will survive as money. FULL SHOW NOTES AND LINKS HERE
by Martin Armstrong The Treasury Department has warned that the Internal Revenue Service (IRS) may face “enormous challenges” processing returns this year. The IRS usually enters tax season with one million outstanding returns from the year prior, according to the Washington Post. However, the IRS currently has 6 million outstanding individual returns and 2 million unprocessed … Read more
The country’s president Nayib Bukele made waves last year when he announced that the nation would accept the token for use at stores and banks. The self-described “CEO of El Salvador” even announced plans to build a “Bitcoin City“ to turn the country into “the financial center of the world.” However, it turns out that … Read more
by: Arsenio Toledo (Natural News) America’s supply chains are already extremely fragile. Port congestions, labor shortages, rampant inflation and pandemic-related economic restrictions are all significantly increasing the likelihood of rampant food shortages in the near future. Here are the 12 signs that food shortages are already here. Shortage of potatoes and other potato-based products The world … Read more
Other videos tell their Swedish users that Russian forces will bomb their country or even invade. This weekend a question posted on Twitter turned into a gathering of adults concerned about things they’d been picking up from their nine-, ten-, eleven, twelve-year-old children and pupils. Is it true that information saying that war is coming … Read more
Every sector is showing systemic weakness… The Russell 2000 is down -17.24% and the average drawdown for stocks within the index is -36%.$IWM pic.twitter.com/uF4KAzhNul — Andrew Thrasher, CMT (@AndrewThrasher) January 21, 2022 Quality matters among small caps: Russell 2000 (no profitability filter used) has plunged relative to S&P 600 (profitability filter used) over long term … Read more
Factory activity in the Philadelphia area rebounded as demand strengthened in January after a sharp slowdown in the previous month, according to a survey from the Federal Reserve Bank of Philadelphia released Thursday. Inflationary expectations of manufacturers, however, jumped to the highest level in decades. The index for current general activity of the Business Outlook … Read more
Florida (open schools since August 2020, Democrats fought @GovRonDeSantis on that events step of the way) would beg to differ https://t.co/hYG6Nit3z0 — Christina Pushaw 🐊 🇺🇸 (@ChristinaPushaw) January 21, 2022 h/t CFP
CNBC’s Jim Cramer said Thursday he believes the stock market is getting closer to an investable bottom after a challenging start to the new year. However, the “Mad Money” host said the market’s steep turnaround late in Thursday’s session “inspired a lot of terror.” That signals the market “still has some work to do” before … Read more
The VP of M&Ms explains that they’re making the M&Ms characters more inclusive in order to “start a movement.” The girl M&Ms will be focused on “empowerment” while the orange M&M will “embrace his true self.” This is not a parody pic.twitter.com/Fo7km8XTSD — Matt Walsh (@MattWalshBlog) January 20, 2022 h/t CFP
Read it here… https://twitter.com/davidgura/status/1484243638485925893 “The Federal Reserve does not come to a conclusion on the digital dollar but has a long list of benefits of risks,” @Jenniferisms reports on the Fed’s white paper, noting that the Fed would need authorization from Congress to issue a central bank digital currency. pic.twitter.com/jMCNExMjxu — Yahoo Finance (@YahooFinance) January … Read more
