Breaking news, updates, and reports on current events.
Macroeconomic analyst Rob Kirby says, “Global financial system is critically broken.” With massive amounts of secret and not so secret money already created, what will happen to gold? Kirby says, “The price of gold will revalue itself once the carnage and the pieces are all on the ground and people around the globe realize the … Read more
from Zero Hedge As markets sink further into the red during what will likely become their worst week of the year, more skeptical reports about the likelihood of a deal have emerged. On the heels of a report that a tentative summit with President Xi had been pushed back, the Financial Times returned with comments from a senior administration … Read more
by Simon Black http://traffic.libsyn.com/sovman/102__He_retired_at_35_-_here_are_some_of_his_investment_strategies.mp3 Today’s episode of the Sovereign Man Podcast features non other than Sovereign Man’s Chief Investment Strategist, Tim Staermose, talking about not one but two highly successful, targeted investment strategies with proven track records. If you are a regular SMC or 4th Pillar reader, then you’re familiar with Tim’s wit, his financial probity, and his impressive stock … Read more
via nypost: Americans traveling to Europe will soon have to add a new item to their packing lists. Starting in 2021, the European Union will require US visitors to get a pre-approved, visa-like travel pass issued by the European Travel Information and Authorization System. The permit will cost about $7.90 and will have to be requested … Read more
via latimes: After 36 years as a California government transportation engineer, Bijan Sartipi retired with much more than a goodbye party: He was paid $405,000 for time off he never used — one of more than 450 state workers who took home six-figure checks when they left their jobs last year. And Sartipi didn’t top the … Read more
via @grimacemcdonal1: I don’t believe the Unemployment Rate is 3.8% when it takes the average American five MONTHS to find a job. Either the BLS or the St. Louis Fed is wrong. I think the BLS is full of shit. Please retweet & plan accordingly.
I Love My Freedom reports, House Speaker Nancy Pelosi still hasn’t gotten over President Donald Trump winning the election over two years ago. https://www.youtube.com/watch?v=HjnTbi0COzQ Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/watch-pelo…
Look at the financial system today. There are two sides here. One side will ignore reality and tell you everything is just fine. The other side shows the extreme fragility that has only been made weaker since the Financial Crisis. The odd part is that no matter how strong a bubble can become, it is … Read more
Washington Free Beacon reports, Rep. Alexandria Ocasio-Cortez (N.Y) has been hit with an ethics complaint alleging that the freshman Democrat improperly used House resources for political purposes in violation of ethics rules. https://www.youtube.com/watch?v=OyzlBiiu6co Read More/Source/Credit/FairUse: https://www.chicksonright.com/youngco…
Scott Morefield from The Daily Caller reports, Democratic Minnesota Sen. Amy Klobuchar distanced herself Tuesday from the declared socialism of fellow 2020 presidential contender Bernie Sanders. https://www.youtube.com/watch?v=oZkbWACXuR4 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/03/05/am…
via Justine Hall: Behind every great crisis is a great expansion or credit bubble. If you glance back at history this pattern readily emerges—expansions and credit bubbles are the one central theme apparent throughout U.S. crises. This happens because “investors, companies and institutions are encouraged to borrow money and speculate the cost of money is cheap,” … Read more
https://twitter.com/OccupyWisdom/status/1104205232920248320 4. Just when you thought S&P500 Operating Profit Margins had reached a permanently higher plateau… h/t @charliebilello $SPX $SPY pic.twitter.com/JroGcdGhk4 — Callum Thomas (@Callum_Thomas) March 9, 2019 https://twitter.com/OccupyWisdom/status/1104024742015713281 NFP is a miss I think.. 😜 pic.twitter.com/zrKs3N7R5t — JoeFriday714 (@joefriday_714) March 8, 2019 https://twitter.com/OccupyWisdom/status/1104458622795419648 Car sales in China are faa aall iiing… pic.twitter.com/iDBAtjcFOY — Tracy … Read more
Venezuela buckles under massive power, communications outage CARACAS, Venezuela (AP) — Venezuela’s worst power and communications outage on Friday deepened a sense of isolation and decay, endangering hospital patients, forcing schools and businesses to close and cutting people off from their families, friends and the outside world. While electricity returned to some parts of Caracas … Read more
by Chris Kimble The NYSE Index is facing a very important price level as Momentum and the MACD are at the highest levels in a year! The 9-week rally from the late December lows has the NYSE index facing the October, November, December highs and its 78% retracement this past week. Joe Friday Just The Facts Ma’am- Momentum, … Read more
Catalysts 1) Mueller report soon 2) Bad or no trade deal 3) Weak economic data 4) China deval 5) Banks guide down 6) Brexit 7) North Korea 8) Buybacks are being turned off 9) Hawkish Fed 10) Strong Dollar 11) Highly levered market and consumer 12) Partridge in a pear tree https://twitter.com/hks55/status/1104154310924029955 Crash Alert? … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter And where do Chinese consumers fit in? Americans are infamous for their eagerness to spend money they don’t have. A whole industry has grown up around making that happen, from payday lenders to the government that guarantees or insures a large portion of the mortgages so that lenders and investors don’t … Read more
by Robert Lambourne via the Gold Anti-Trust Action Committee (GATA) The recent monthly statements of account published by the Bank for International Settlements indicate that the bank is still actively trading gold swaps, which the bank uses to gain access to gold held by commercial banks. There is not enough information in the monthly reports to calculate the exact … Read more
by bigfoush I feel like even in 2019 people still aren’t informed about the Rothschild’s dynasty. They’ve been around for hundreds of years and had a hand in so many major events. What do you think about them? How much power do they really have?
by Dave Kranzler of Investment Research Dynamics Someone last week suggested that Trump sees the stock market as the barometer measuring the success of his Presidency. I think his behavior, tweets, press comments, etc with respect to the stock market validates that assertion. The Dow trended lower all week last after Monday’s close. Whenever the stock market faded … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) By Scott Calvert The Wall Street Journal Thursday, March 7, 2019 Philadelphia is the first major U.S. city to ban cashless stores, placing it at the forefront of a debate that pits retail innovation against lawmakers trying to protect all citizens’ access to the marketplace. Starting in July, Philadelphia’s … Read more
by bigbear0083 Whelp, today indeed marks exactly 1 decade that the S&P 500 bottomed out at 676 on an CLOSING basis. FWIW, this CNBC video clip is my own recording. I managed to resurrect this vid, as YouTube had terminated my previous channel a few months back that had hundreds of these old CNBC clips. Unfortunately, I … Read more
https://www.youtube.com/watch?v=BKpbkkn8Fow
via themillenniumreport: Know thy cyber-enemy by understanding their MO Logical Fallacies The Skeptics’ Guide to the Universe Introduction to Argument Structure of a Logical Argument Whether we are consciously aware of it or not, our arguments all follow a certain basic structure. They begin with one or more premises, which are facts that the argument takes … Read more
Tweets by GiletsJaunesGo ⚡️PARIS – TOUR EIFFEL / Rassemblement en cours des #GiletsJaunes pour l’#ActeXVIIhttps://t.co/SoNMQNTbxw pic.twitter.com/9nbiYZRHI2 — Pure. (@PureTele) March 9, 2019 One of the many calls circulating for the massive March 16th #GiletsJaunes action in Paris. “If you’re gonna organize a demo, make it a real one. Listen, it’s only when our rulers are … Read more
by coolcat242424 I tried an experiment to test and see if our phones are always listening to our conversations. The answer is YES!! I have proven that our phone does in fact do so. I spent a full week repeating 4 products throughout the entire week to see if Instagram or Snapchat would show me … Read more