On Wire

Authored by Sven Henrich via NorthmanTrader.com, Well, they’ve done it again. The Fed has once again managed to erase the larger market pain. This time it was not the standard correction that was erased, this time they erased a market crash as $NDX is trading at all time human history highs. I, for one, have to … Read more

Democrat mayors during #coronavirus: -You can’t open your business-You can’t go to church-You can’t buy a gun Democrat mayors during riots: -Won’t protect your business -Won’t protect your church-And of course, still don’t want you to have a gun — Rep. Jim Jordan (@Jim_Jordan) June 3, 2020 CNN is the propaganda wing of antifa. Democrats … Read more

by The Phoenix Stocks continue to ignore 40 million unemployed, an economic depression, and societal collapse/ riots. The S&P 500 rallied yesterday to test major resistance at 3,100. The market is nearing the point of its rising wedge. A big move is coming. The VIX is also warning us that a big move is coming. It … Read more

Trading volume is EXTREMELY low… by Harvey Organ of Harvey Organ Blog JUNE 2// A LITTLE RAID ON EXTREMELY LIGHT VOLUME (HAS SOME OF OUR MAJOR TRADERS LEFT FOR LONDON?)//GOLD DOWN $11.20 TO $1726.40//SILVER DOWN 31 CENTS TO $17.95//CLOSE TO 150 TONNES OF GOLD STANDING AT THE GOLD COMEX//2.0 MILLION SILVER OZ STANDING AS WELL//CORONAVIRUS UPDATES//TED BUTLER…IMPORTANT PIECE///UPDATES … Read more

Here are a couple reminder     h/t Jake

https://www.youtube.com/watch?v=p-VvG9C3uOw My experience trying to tell people the truth

We are living in the early stages of failed central planning. Bear markets unfold when social mood turns decidedly negative. Past episodes of currency destruction have been sponsored by academic elite. Thanks for listening to this week’s McAlvany Commentary. The objective of McAlvany Weekly Commentary is to provide investors with valuable monetary, economic, geopolitical and … Read more

The Government is managing the economy through government debt and the Fed printing money. There’s no better example of why they do this than when the Fed announced it would create limitless amounts of money in March 2020. Had the Government not printed money, the U.S. would have certainly fallen into a depression. The question … Read more

by Michael Lebowitz and Jack Scott Why The Recovery Will Fall Short of Forecasts Market pundits seem to have strong opinions about how fast or slow the economic recovery will be once it starts. Such clairvoyance is stunning given the uncertainty of the current GDP forecast, which is already two-thirds in the books. If the … Read more

by Empire_Building101 The Ratio of the Market Capitalization or the entire stock market to GDP tells us that publicly traded companies are valued at 43.6% more than the value of all goods and services in the US. Current market valuation statshttps://t.co/HNEEWCw5SD pic.twitter.com/HBIyQxIloM — M/1_LP (@MI_Investments) June 3, 2020 Just to put things into perspective. US stocks … Read more

by Martin Armstrong In the Gulf, states are facing bankruptcy. Oman can hardly even pay his electricity bill. The IMF has been now lobbying to defer emerging-market debt for one year. We have been able to confirm from behind the curtain that more than 100 nations have asked the IMF for help. The sheer stupidity of this coronavirus lockdown … Read more

by Selco Begovic When highly organized force with a mission, resources, a plan, and the will go to finish a task usually there is no reasoning with that force, or explaining that you are trying just to prove some point, or you are just filming, taking selfies or holding a cardboard sign. When that force … Read more

Something you won’t see on the MSM I saw a similar video of an elderly black man asking the rioters similar questions. Very powerful. And very sad that so many people are being used and so much needless destruction is occurring.     AC