Triple tops almost never work. Gold was first, silver looks to be next.
Just a friendly reminder that triple tops almost never work. Gold was first, silver looks to be next. pic.twitter.com/kfhFJnMUVl — Otavio (Tavi) Costa (@TaviCosta) May 15, 2024
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Just a friendly reminder that triple tops almost never work. Gold was first, silver looks to be next. pic.twitter.com/kfhFJnMUVl — Otavio (Tavi) Costa (@TaviCosta) May 15, 2024
🤡🌎 they think you’re dumb enough to believe this bullshit pic.twitter.com/0R1tr078kv — Clown World Today (@cwt_news) May 15, 2024 REPORTER: "We're still seeing inflation above normal levels … do you have a sense of when households can expect to see prices stabilize?" KARINE JEAN-PIERRE: Nope pic.twitter.com/6Y6Ct0RZmX — RNC Research (@RNCResearch) May 15, 2024
by Mike Shedlock President Biden’s reaction to the CPI report today was amusing. Let’s investigate. CPI data from the BLS, chart by Mish Food at Home vs Food Away From Home Since January 2023, sixteen months, the month-over-month price of food at home has exceeded 0.2 percent only three times. Since January 2023, the month-over-month … Read more
Pres. @JoeBiden is bragging about imposing the following #tariffs on Americans; 25% on steel & aluminum, 50% on semiconductors, 100% on EVs, and 50% on solar panels. These are taxes that will raise the price of all goods subject to tariff and will only add to the economic misery. — Peter Schiff (@PeterSchiff) May 15, … Read more
BY JAMES RICKARDS I’ve previously said that gold could reach $15,000 by 2026. Today, I’m updating that forecast. My latest forecast is that gold may actually exceed $27,000. I don’t say that to get attention or to shock people. It’s not a guess; it’s the result of rigorous analysis. Of course, there’s no guarantee it’ll happen. … Read more
by Money Metals (Washington, D.C – May 8, 2024) – U.S. Representative Alex Mooney (R-WV) has re-introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion. The Monetary Metals Tax Neutrality Act (H.R. 8279) backed by the Sound Money Defense League, Money Metals Exchange, and free-market activists – would clarify that the … Read more
via Mike Shedlock Have a Florida condo? Can you afford a $100,000 or higher special assessment for new safety standards? After the collapse of a Surfside Building on June 24, 2021that killed 98 people, the state passed a structural safety law that is now biting owners. Not only are insurance rates soaring, but owners are hit with … Read more
The Telegraph (via Yahoo), Released on 5/11/24 Germany is considering introducing conscription for all 18-year-olds, as it looks to boost its troop numbers in the face of Russian military aggression. Military planners in Berlin are in the final stages of discussing three options, two of which involve a form of conscription, according to leaked plans … Read more
This is the first time in 45 years that gold has become less volatile than Treasuries. In other words, Treasuries are no longer the safest alternative. pic.twitter.com/PDNrPwbuit — Frank Giustra (@Frank_Giustra) May 11, 2024
The Daily Gold, Released on 5/10/24 The miners continue to lead the metals as they start to break above their April highs while Gold & Silver remain below those highs. Silver is getting ready to outperform Gold. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the … Read more
GoldSeek, Released on 5/10/24 – Bill says the gold break-out: “Fantastic and the (gold) monthly chart is unbelievable good!” – Once silver clears $30, “… silver could go berserk!” – Breaking news this week – The Central Bank of South Korea plans to keep accumulating gold. – Silver shares are also starting to move – … Read more
The US consumer in one chart: credit card debt record high, personal savings rate record low pic.twitter.com/9julvoPQHb — zerohedge (@zerohedge) May 7, 2024
Eurodollar University, Released on 5/7/24 Keith Weiner earned his Ph.D. from the (non-accredited) New Austrian School of Economics. He speaks worldwide about the failing dollar system and the need to rediscover the gold standard. To this end, He founded the Gold Standard Institute USA and Monetary Metals. The former is a nonprofit focused on education and … Read more
by Graham Summers The Fed is panicking. Why? Because, its efforts to loosen monetary policy to juice stocks and real estate higher to aid the Biden administration with its re-election campaign have unleashed another round of inflation. Don’t believe me? See for yourself. The Consumer Price Index (CPI) bottomed right around the time the Fed … Read more
WHO chief "scientist" says cows are the main issue in a new bird flu virus spreading. We know exactly what they're planning 🐄 🦠 They want to start ordering ranchers to cull millions of cattle so real meat prices skyrocket and nobody except Davos can afford to eat meat. 🔊 pic.twitter.com/hj9L3tn2SH — Wall Street Mav … Read more
California is taking of heat for celebrating the completion of an high-speed rail bridge that clearly goes nowhere — part of an $100 billion boondoggle project. Critics — including Tesla founder Elon Musk and Dogecoin creator Billy Markus — are ripping the California High Speed Rail Authority after it boasted about the completion of a … Read more
ITM Trading, Released on 5/4/24 John Rubino, former Wall Street financial analyst, author, and founder of DollarCollapse.com, sounds a stark warning: ‘People who are hurt by the inevitable results of this process are the ones who trust the government.’ In his sobering analysis, he outlines a bleak future for the U.S. economy, where mounting debt … Read more
Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip below their minimum capital requirements,” Christopher Wolfe, managing director and head of North American banks at Fitch Ratings, told CNBC. Consulting firm Klaros Group analyzed about 4,000 U.S. banks and … Read more
Turns out the liberals don't give a shit about the environment. pic.twitter.com/oHdpCLBGu7 — Citizen Free Press (@CitizenFreePres) May 2, 2024
via Mike Shedlock The Case-Shiller national home price index hit a new high in February. That’s the latest data. Economists don’t count this as inflation. Case-Shiller national and 10-city indexes via St. Louis Fed, OER, CPI, and Rent from the BLS Chart Notes National and 10-City Case-Shiller home prices hit new record highs in February … Read more