On Wire

by TFittonJW One minute vid: Here is the background: https://www.judicialwatch.org/press-releases/judicial-watch-new-docs-show-fbi-agents-went-to-comeys-home-to-retrieve-memos/      

by Daisy Luther The problem with poverty in America is that the system is designed to keep you poor. Maybe it’s just because poor people are easier to control. I have written before about how to survive when you’re so broke that you can’t pay your bills and while the comments were largely supportive, there are always … Read more

From Birch Gold Group In June 2018, the White House let a piece of legislation known as the “fiduciary rule” drop, according to Bloomberg: The “fiduciary rule” is officially dead. The Labor Department rule, conceived by the Obama administration, was meant to ensure that advisers put their clients’ financial interests ahead of their own when … Read more

by Harry Dent via Economy & Markets Is there no end to talk of how the U.S. dollar will soon be replaced as the world reserve currency by the euro or the yuan or a basket of currencies or gold or bitcoin or Libra? Even Michael Cembalest at JP Morgan is the latest to predict the dollar’s rapid demise. The reality is, the U.S dollar will … Read more

Most of the president wannabes advocated the usual solution for the problems endured by citizens, That is, they would play Santa Claus and give them free stuff–including free college, free medical care, higher wages, more money tossed at education, and debt forgiveness. This would be achieved with higher taxes and more government bureaucracy, which will … Read more

by Troy Stocks fell today as the Fed cut interest rates. Today’s headlines: Rate cut and stocks The economic expansion cycle Manufacturing weakness Stock market’s volume U.S. Dollar breakout Go here to understand our long term outlook. For reference, here’s the random probability of the U.S. stock market going up on any given day. Rate cut The Fed … Read more

by Egon von Greyerz The messages from the ECB and the Fed couldn’t be clearer. They are seeing major problems in the financial system and in the world economy and they will do whatever it takes to save the system. But they will fail. The autumn of 2019 will see a major shift in sentiment … Read more

by Troy The stock market’s volatility has been low for weeks. The Fed is about to make a late-cycle rate cut. Today’s headlines: 7 weeks of low volatility Fed is about to cut rates Consumer Confidence is high Stock market’s seasonality Gold miners overbought? USD’s momentum Go here to understand our long term outlook. For reference, … Read more

By Robert Ross Late last year, the company overtook Apple to became the third-largest online retailer in the US. Only Amazon and eBay are larger. Walmart is quickly growing its online presence by scooping up smaller online retailers like Jet.com, which sells everything from laptops to sunscreen—often at a healthy discount. Walmart bought Jet in 2016 … Read more

by John Mauldin What kind of money will we use in the future? The answer might seem obvious: dollars, euros, yen, and other government-issued fiat currencies. Most of us have never known anything else. Yet these currencies aren’t natural phenomena. People created them. People can also abandon them for something else, just as they abandoned … Read more