Breaking news, updates, and reports on current events.
via moneyweek: What with markets sliding and bond yields tumbling in a “flight to safety”, inflation is the last thing on investors’ minds. Instead, the fear is that we’re heading for recession and that deflation will take hold once again. A scary prospect, what with interest rates still very near 0%. I’m not so sure that … Read more
via Reuters: Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency plunged in a year marked by an economic crisis fuelled by U.S. sanctions. “A bill to remove four zeros from the national currency was presented to the government by the central bank yesterday … Read more
via CNBC: The share of Americans who think it is a good time to buy a home just dropped sharply, according to a December survey from mortgage giant Fannie Mae. The share of those surveyed who think home prices will go up fell 2 percentage points, and those who expect mortgage rates to drop was … Read more
by DCG Al Sharpton approved. From NY Post: Share this: A nonprofit run by state lawmakers that spent $1 million on annual scholarship-fundraising galas over two years but gave zilch to needy minority students also failed to pay school taxes on its Albany building, The Post has learned. The New York State Association of Black and Puerto … Read more
Via ZeroHedge Sears Holdings Corp is readying plans for a liquidation after Chairman Eddie Lampert’s bid to pull approximately 425 stores out of bankruptcy was rejected, according to Bloomberg, citing people familiar with the matter. Lampert offered a $4.6 billion package backed by lenders Bank of America and Citigroup, as well as a new participant … Read more
by Frank Holmes, CEO, U.S. Global Investors January 7, 2019 King Dollar was on top in 2018, one of the few major assets to close the year in the black on steady interest rate hikes and robust economic growth in the U.S. But greenback strength is a double-edged sword, as you know. Although good for … Read more
by Money Metals The Bureau of Labor Statistics delivered a blowout jobs report on Friday. Headline chasing algorithms and investors responded by snapping up stocks. They also sold some gold and silver futures, driving prices lower on the day. To Wall Street cheerleaders, it looked like the stock market correction might be over and precious metals … Read more
From Richard Smith, Founder, TradeStops: Stan Druckenmiller is one of the best money managers of all time. He has a track record of better than 30% compound annual returns, over 30-plus years, with no losing years. And Druckenmiller accomplished that track record while managing billions — which is harder than with smaller amounts — and made … Read more
From Forbes: By the time he was diagnosed with metastatic melanoma, Luke Simons, now 83, had already watched his wife and his longtime business partner struggle with cancer. His wife had chemo for her breast cancer 20 years ago. His business partner with multiple myeloma died 5 years ago. “I was obviously aware of what it … Read more
by DCG Something proggies will never understand: You can never make enough laws to guarantee good behavior from people who are willing to break the law. As reported by SF Chronicle: A man was killed early Saturday in the Highland neighborhood of East Oakland, less than five hours after three men were fatally shot across the city. The man, … Read more
by Simon Black Last Thursday, I published a Notes article saying I would use five-to-six figures of the money I saved last year in taxes to pay rent for furloughed government employees. And so far, the response has been amazing. We’ve already sent money out the door to help these people during the government shutdown. And we’ve also received some … Read more
by Tha_Dude_Abidez Crazy video that claims to be audio footage of a gunfight going on across the border with Mexico. https://youtu.be/k6nS-6cRan4 Anthony was live — shooting on the bridge to Pharr, TX , lasted over half hour yesterday… #SecureTheBorder we knew this was coming to our borders Source: True Conservatives Minutes [TCM]
via theverge: China’s police have been testing sunglasses with built-in facial recognition since at least last month to catch suspects and those traveling under false identities. Now China is expanding the facial recognition sunglasses program as police are beginning to use them in the outskirts of Beijing, according to Reuters. The program was used as extra security while Parliament voted … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen (who in this video is terribly framed by the way) about the truth about unemployment in the United States despite manipulated job numbers. Much of the unemployment rate in the United States is hidden in the labor force participation rate as the unemployed magically lose … Read more
Via Global Macro Monitor, 1. Trump Leaves Office By Year-End There is only one thing Trump likes more than power – money. As his legal troubles grow exponentially in 2019, the president has an epiphany that he could lose all his wealth. He cuts a Spiro Agnew-like deal and resigns from office in return for leniency. The … Read more
Authored by Andrew Moran via LibertyNation.com, Generation Z is already learning from the millennial generation’s mistakes… For years, millennials have scoffed at the notion of fixing someone else’s toilet, installing elevators, or cleaning a patient’s teeth. Instead, they wanted to get educated in lesbian dance theory, gender studies, and how white people and western civilization … Read more
Trump makes it clear his wall is not a medieval fortification: http://archive.ph/pa1zF
via businessinsider: Facebook CEO Mark Zuckerberg and his pediatrician wife, Priscilla Chan, have sold 29 million Facebook shares to raise $5 billion for an ambitious biomedical-research program called the Chan-Zuckerberg Initiative (CZI). Related to the CZI is the Chan-Zuckerberg Biohub, which employs top-notch scientists from Stanford University, UC Berkeley, and UC San Francisco. Researchers including a Biohub investigator … Read more
If you want to know how damage immigration is doing to the USA Just look at the farm bill, 80% of this bill goes to food stamps! This is the outlay in 2014 and its even higher in 2018 what’s even scarier, is if you watch this video, The amount of spending we do on food … Read more
via breitbart: A group of Remainer MPs will attempt to stop a no deal Brexit by starving the Treasury of funds which could lead to “total paralysis” of the Government. The MPs are set to vote on two amendments to the Finance Bill, which grants funds to the Treasury to spend on implementing no deal arrangements, … Read more
by Raúl Ilargi Meijer Rembrandt van Rijn Man with a falcon on his wrist (possibly St. Bavo) 1661 This Fed thing just keeps going on, and it needs to stop. There is nothing in the discussion about the Federal Reserve these days that has any value other than it provides even more proof that the Fed has … Read more
https://www.youtube.com/watch?v=HmdiisLr5ug Chuck Schumer doesn’t believe in anything, other than his power He should be expelled from Congress because of these videos AC
Josh Sigurdson talks with author and economic analyst John Sneisen about the crashing Italian economy as many warn of an impending recession. Italy’s manufacturing sector continues to fall at a rapid rate hitting lows on a monthly basis. With its subservience to the European Union dragging them down and manipulating their markets dramatically as well … Read more
Well, well, well. It’s finally out in the open. The U.S. Department of Defense posted a press release announcing the invitation of Alternate Media to cover military commission pre-trial proceedings (military tribunal) at Guantanamo Bay (Gitmo)! Main Stream Media was not and will not be invited! https://dod.defense.gov/News/Article/?1723093=military-commissions-media-invitation-announced-for-united-states-v-khalid-shai&Press-Advisories=Press-Advisory-View Snip IMMEDIATE RELEASE: Military Commissions Media Invitation Announced … Read more
How Do You Know The Plan Is Working, Panic Pushes Fear – Episode 1758a X22 Report date: 01.06.2019 The elite around the world are beginning to use fear to push their agenda. If you don’t accept our deal bad things will happen. If you don’t accept the BREXIT deal we will enter the unknown. The economy is … Read more