Breaking news, updates, and reports on current events.
Guest post by Alasdair Macleod from Goldmoney.com: Over the last two weeks gold and silver have continued to enjoy a significant rally, but this week has been one of consolidation. In European trade this morning, gold was at $1765, down $14 from last Friday’s close. The correction has been more marked in silver, which this … Read more
Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023. In a nutshell, broken supply chains have already caused big inflation, and the Fed is raising rates to tamp it back down. On top of the perfect storm of inflation … Read more
Shop lifting up 50% YoY.Are you paying attention? https://t.co/43r8B7IHnX — Ilia Sakowski (@IliaSakowski) November 19, 2022 'Organized retail crime, shoplifting, and theft' has driven $400 million in extra profit loss this year at Target, $TGT. — unusual_whales (@unusual_whales) November 16, 2022
by Lance Roberts Since June, the market rallied on hopes of a “policy pivot” by the Federal Reserve. However, those hopes got dashed each time as Jerome Powell clarified that the “inflation fight” remained the primary focus. Mr. Powell made that point very clear following the latest FOMC announcement. “The question of when to moderate the pace of increases … Read more
Did you ever stop to wonder if the Feds reckless monetary policies of the last 20 years led to everything we are seeing today, where risky bets and businesses were encouraged? Or will that take 10 years for the PhDs at the Fed to figure out for you? — Liberty Street News (@LbrtyStreetNews) November 18, … Read more
10s-2s Yield Curve now at ….. -0.702% ⚠️ https://t.co/cjQRCrLm15 pic.twitter.com/YxcqYPjWZo — Ayesha Tariq, CFA (@AyeshaTariq) November 18, 2022 Thank goodness Yellen the Felon has assured us there will be no new financial crisis “in our time.” Ivan, can you go check on the old girl’s vitals? h/t Boo_Randy
This man built a full wheelchair stair lift for his disabled brother in law– for almost no money, some elbow grease and a little creativity. What a nice guy! AC
The Intercept begged its readers for donations after the publication revealed that a multimillion-dollar grant from disgraced former FTX CEO Sam Bankman-Fried would be placed “on hold” due to FTX filing for bankruptcy. Bankman-Fried’s cryptocurrency exchange FTX plummeted from a $32 billion valuation to facing bankruptcy after his company was at the center of significant … Read more
The National Association for the Advancement of Colored People (NAACP) is calling for companies to “immediately pause all advertising” on Twitter in response to former President Donald Trump being reinstated. Musk polled users and had over 15,000,000 votes before deciding to reinstate Trump. A 51.8 percent majority of users voted to reinstate the former president’s … Read more
FTX reported a $3.7 BILLION loss in its 2021 tax return. Also, its unsecured creditors are redacted in the company’s bankruptcy filing and they are owed an additional $3.1 BILLION. What’s going on? FTX, the cryptocurrency exchange that went bankrupt only a few days ago, was in financial duress for some time. In the company’s … Read more
The PTB will be attempting to foist CBDCs on the people and bring in financial enslavement. Just one problem, there is a major decentralized alternative, Cryptocurrencies. They, the governments and central banks, will try and seduce the population to use CBDC. And they must destroy Cryptocurrencies so there is no competition to their CBDC. We … Read more
In case you still think it’s a conspiracy theory that our elites want a world order, here’s French President @EmmanuelMacron yesterday at the APEC summit: ‘We need a single global order’. pic.twitter.com/CFTMXUPy1R — Eva Vlaardingerbroek (@EvaVlaar) November 19, 2022 No, we don’t.
This just in: It's been less than 10 hours since @ElonMusk let @realdonaldtrump back on Twitter — and he's already got more followers than @JoeBiden! pic.twitter.com/2V04cf91IE — Kyle Becker (@kylenabecker) November 20, 2022
Central banks have not been able to reduce their balance sheet after a QE. Even Fed was very hesitant in the second half of 2010s. They “don’t know” the impact they say but I suspect they fear too much market volatility if they exit. Also the pol economy of it is hard. — Piroska Nagy … Read more
DCG is the most significant company in crypto. DCG’s subsidiary Genesis lent a lot of money to 3AC DCG bailed out Genesis (about $1.4bn) In Q4 2021, Genesis had $50bn of loans. Question is, who from these borrowers have FTX exposure? — Mario Nawfal (@MarioNawfal) November 19, 2022 DCG already injected $150m into genesis last … Read more
Francis Hunt with Patrick V. on Silver Bullion TV SBTV (https://www.silverbullion.com.sg/SBTV) spoke with Francis Hunt, founder of The Market Sniper, about the world gravitating toward virtual assets and the counterparty risks that come with it. Just as the FTX collapse rocked the crypto world, Francis believes banking failures are not far behind. FULL SHOW NOTES AND LINKS HERE
by Boo_Randy We have the best political class money can buy. $50M in donations to Democrats buys a lifetime Get Out of Jail Free card for SBF & his ilk. https://freebeacon.com/democrats/bankman-fried-and-cronies-gave-300k-to-house-committee-members-investigating-him/ Sam Bankman-Fried and executives at his cryptocurrency firm contributed hundreds of thousands of dollars to members of the House committee that will hold hearings … Read more
Alex Jones responds to Elon Musk saying “no” to bringing him back. He says not to blame Musk and to support him. He says not expect so many drastic changes to happen on day one because of the pressure Twitter faces from government regulators, the EU and activist groups. pic.twitter.com/DubmbfgFza — Ian Miles Cheong (@ianmiles) … Read more
