Gold has broken out of its corridor

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by bitkogan For nearly two months, it traded within the range of $1975-2050. Support at its lower boundary held off a price decline in the latter half of April, but it couldn’t hold up this time. Prices have dipped below that range, now breaching the 50-day average. The reasons are apparent. Optimism about the debt ceiling, … Read more

Investors pull back: All-cash sales – often investors and second home buyers – plunged by 22% year-over-year to 94,000 homes in April, from 120,000 homes in April 2022… Home sales plunge, supply rises, prices drop

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by BoatSurfer600 Source: Wolf Street Home Sales Plunge, Supply Rises, Prices Drop Year-over-Year Most since 2012. It’s getting crazy out here   With the economy on life support and banks collapsing … I’d say Gold is a safe bet Americans are upbeat on gold and have soured on stocks — perhaps to their detriment. Twenty-six … Read more

Corporate media controlled by PR companies that conspire to push leftist propaganda

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by: Ethan Huff (Natural News) Dr. Joseph Mercola recently interviewed Michelle Stiles, the author of a book called “One Idea to Rule Them All: Reverse Engineering American Propaganda,” about the corporate media and its propaganda problem. In the name of fighting “misinformation” and “disinformation” corporate media outlets everywhere are censoring the truth and lying to the public, … Read more

Greenwald: We really are a democracy in name only

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‼️ All Americans *need* to understand the Durham Report's dire implications for their democracy:@GGreenwald: "The most dangerous development of all in the US is that the Security State is fully liberated… to use their investigative powers to manipulate our politics, control… pic.twitter.com/BB41GE0BQp — System Update (@systemupdate_) May 17, 2023

Genevieve Roch-Decter: The FDIC took a $13 billion loss on the deal, while JP Morgan will gain $2.6 billion Does the government really need to subsidize the largest bank in the world?

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Source: https://t.co/iwVahYs986 — Genevieve Roch-Decter, CFA (@GRDecter) May 18, 2023 The government: "We have to be careful of letting a few banks control the entire economy" Also the government: Invites the CEOs of the largest banks to a private meeting to advise on the debt ceiling pic.twitter.com/3WfMwM56ug — Genevieve Roch-Decter, CFA (@GRDecter) May 18, 2023 … Read more

How to Profit From the AI Revolution

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By Graham Summers, MBA Artificial Intelligence (A)I is the current major them for the markets. With economically related companies (TGT, X, etc) showing lower returns, investors are piling into AI as the next major source of growth for corporate top lines (revenues) and profit margins (presumably AI will replace many employees which will lower operating … Read more

Fed’s Inflation Fight Far from over

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by DAVID HAGGITH Lovely Lorie Logan says clearly the Fed’s inflation fight is not over. Rates will rise.   Today provides another stark example of how you cannot get good financial reporting from the financial media. Walmart took the news by storm with its report that revenue is up, sales are up, earnings are up. … Read more

ACCOUNTABILITY FOR A CHANGE: Top federal prosecutor in Massachusetts to resign after damning ethics report.

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via CNBC: The Department of Justice’s internal watchdog began a probe last year after U.S. Attorney for Massachusetts Rachael Rollins attended a Democratic fundraiser last July featuring first lady Jill Biden, despite advice that this would violate ethics guidelines. “We found Rollins’s conduct described throughout this report violated federal regulations, numerous DOJ policies, her Ethics … Read more

10-Yr Treasury Volatility Index is rising as debt ceiling negotiations intensify, which suggests large moves in either direction

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by Ok_Significance_4008 I believe that the CVOL vs. Convexity (TYCY) ratio is a good indicator of market conditions. When the CVOL is high and the Convexity is low, it indicates that there is more risk in the market and investors are less confident. This could be due to concerns about future economic growth or political … Read more

Government Shutdown Debt Default Reduced Social Welfare Recession 0 Savings, Retirement, 401ks The fallout will be immense

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So ofcourse with that said I do not think this will hold over as it did during the 1st recession back in the 1930s.There are alot of projects on the back log waiting for initiation. Financial Agricultural Social Environmental Humanitarian Historical times we are in. — ΛЯIΣᄂ (@Prolotario1) May 17, 2023 The specific impact on … Read more

Foreign Invasion Update: Mayor Eric Adams Reveals 50% of NYC Hotel Rooms Are Occupied by Illegals… Counterterrorism Analyst Urges Border States to Shut Down

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via theblaze: New York City Mayor Eric Adams claimed that the migrant crisis is so bad that 50% of all hotel rooms in the city are being occupied by illegal aliens. Adams made the comments on Wednesday while addressing criticism for his handling of the crisis. “In order to address an onslaught, you have to … Read more

Great moments in objective journalism…

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Pete Buttigieg, intellectual god. This is the story we are fed in Wired, which used to cover emerging technology long ago and far away. I even subscribed for a year, on one of those ridiculous $4/year deals you occasionally get. That was more than 20 years ago if I remember correctly, but whatever. THE CURIOUS MIND of Pete … Read more

Top Spy Chiefs, Heads of State, and Global Business Titans Begin Secret Bilderberg Meetings in Portugal

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The world’s most powerful and influential geopolitical voices are meeting from Thursday to Sunday in Portugal to navigate several global crises (many of which they’ve they’ve helped to facilitate), and oddly enough, the corporate media has no interest in reporting on this secretive gathering of powerful figures. The attendees list for this year’s infamous Bilderberg Meetings has … Read more

House of cards – Biden family at U of Penn game

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F**k Joe Biden chants at Univ of Pennsylvania on Monday.https://t.co/2rc02uYesw — Citizen Free Press (@CitizenFreePres) May 17, 2023 Well, the current generation works on FEELSINGS and not FACTS. So I FEEL it is real. ;o) You can tell by the look on their faces. . . View post on imgur.com h/t John Dutton

CONFIRMED: J6 WAS A FED SETUP!

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BREAKING: FBI confirms under oath that undercover officers, confidential informants, and FBI assets were present at the U.S. Capitol on January 6th J6 WAS A FED SETUP! pic.twitter.com/CpAwOvlJMq — DC_Draino (@DC_Draino) May 18, 2023