Biden: “Did You Ever Think You’d be Paying This Much for a Gallon of Gas?”

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by Chris Black Joe Biden seems genuinely shocked at how much the peasants pay for gas nowadays. However, he failed to mention  how his administration is currently reducing domestic production of oil, such as suspending gas and oil leases on federal land and closing the Keystone XL pipeline. Bankrupting the middle class is the first … Read more

Weimar, Here We Come!

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by Chris Black In economic news, inflation is at a 31-year high as of today, prices are up another 6%, wages have been stagnant since 1971, and the Dow Jones is at a 40-year high. This is what the internationalist globalist elite Dead Sea pedestrian rootless cosmopolitans (hint hint) want, and this is what’s in … Read more

Poland Has Turned Its Territory Into a CIA Staging Ground for Coups and Destabilization in Belarus

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by Chris Black Why shit where you eat? How do they expect to make enemies with their immediate neighbour for the benefit of a foreign power (Washington) on the other side of the world without blowback?   Normal countries generally try to keep good relations with their neighbours for obvious reasons. Belarus threatens to cut gas … Read more

The Feds don’t have a clue what they’re doing. “Umm…I see big trouble coming do you?”

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Fed Has Made ‘One of the Most Catastrophic Mistakes in Recent History’: Proffessor Steve Hanke Steve Hanke of Johns Hopkins University says the Fed has ignored money supply growth, which he expects to drive persistent inflation for another 2 or 3 years. Inflation Threatens to Return to US Politics in Replay of 1980 And even … Read more

IMO the market is strongly underestimating the magnitude of rate hikes required to temper inflation

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by jalalipop Across the new sources I read, the consensus seems to be that the market is pricing in the first rate hike around Summer 22. The magnitude of the expected rate hike is tiny, maybe a quarter-percent. If you are of the belief that supply-chain shortages will last well into 2022, this is hilariously inadequate. … Read more

Are we heading down the shitter?

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by ILostAlotOfTendies Genuine question here. I know everyone here is just a gambler and no one knows shit, including myself. But does anyone feel like or better yet have any evidence that we are fucked? By that I mean that are we headed for a market collapse worse than 08? From what is happening, inflation … Read more

…into a slowing economy, a dilemma of the Fed’s making. Bezos sold stock last week. Elon (maybe) sold some this week. Now Mr Aron is selling…

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  So Bezos sold stock last week. Elon (maybe) sold some this week. Now Mr Aron is selling. I see a pattern. — Dune AnaIytics (@DuneAnaIytics) November 10, 2021 …into a slowing economy, a dilemma of the Fed’s making https://t.co/Qb11zRMhB5 — Danielle DiMartino Booth (@DiMartinoBooth) November 10, 2021 When the Epic Economist's predictions are more … Read more

‘The Big Short’ investor Michael Burry says Tesla stock could plunge 90% – and notes Elon Musk said it was overpriced at $160 last year

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“The Big Short” investor Michael Burry said Tesla stock could plunge 90% in value. Burry noted that Tesla CEO Elon Musk said the automaker’s stock price was “too high” last year. The investor’s fund held bearish put options against Tesla stock as recently as June 30. Michael Burry suggested Tesla stock could plummet 90% in a now-deleted … Read more

How the Fed Played Us—And Cornered Themselves as Recession Signs Mount

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By Matthew Piepenburg With the possible exceptions of Bill Martin and Paul Volker, history will one day confirm that the Fed is precisely what Thomas Jefferson warned: A parasitical banker’s-bank that will do more damage within its host nation than a foreign army standing on its shores. Here’s the story of how the Fed played us. The Fed’s … Read more

Poland declares ‘exclusion zone’ at the Belarus border

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The European Union says it’s planning new sanctions against Belarus in RESPONSE to what it describes as state terrorism and human trafficking. EU officials accuse Belarus of flying migrants in from the Middle East, and then sending them to the border to cross into EU territory. Thousands of people are stranded in freezing conditions

Gold Soars as Central Banks Drag Heels on Rate Hikes

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From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold up as central banks look unwilling to hike, gold price’s Groundhog Day, and some very interesting 2021 American Eagle gold bullion coins. Gold soars as central banks seem reluctant to hike rates … Read more

Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke

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Kitco News, Released on 11/10/21 Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%. Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation. 0:00 – Inflation 8:40 – Biden’s … Read more

War Alert: “Major Shooting Incident” Is Possible, Poland Warns

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by Mac Slavo of SHTFplan The biggest attempt to enter Poland is underway. A “massive” wave of migrants has reached Poland’s border from Belarus, with the country’s special services describing it as the largest-ever attempt to enter the country by force. The migrants amassed at the border are predominantly young males, Stanislaw Zaryn, the spokesman for Poland’s Minister-Coordinator … Read more