Recovery is slowing sharply… Central banks are hiking rates

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Eurozone October Composite PMI flash estimate at 54.3, at 54.2, which is a six-month low. The activity index fell in October Recovery is slowing sharply. Cap Economics pic.twitter.com/O9a0llWFZn — Daniel Lacalle Official Account (@dlacalle_IA) November 4, 2021 For those of us who forecast back in 2020 that Covid was a #stagflation supply shock, this is … Read more

URGENT MESSAGE! THE WEALTHY ARE BUILDING BUNKERS. GAS AND FOOD SHORTAGES ARE COMING SOON

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https://www.youtube.com/watch?v=FVsk9GVr1Xo It is being reported that Michael Cuggino, the broker behind the 5+ billion dollar Permanent Portfolio fund is warning that we could see a 20% shave off from the stock market at any moment. Global Food Prices are reaching near record highs with room to grow warns economists looking over united nations index tracking … Read more

Economic Conditions Are Ripe For Hyperinflation: Gold & Silver Still An Inflation Hedge?

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John Williams with Patrick V. on Silver Bullion TV SBTV spoke with John Williams, author of Shadow Government Stats, about how the real inflation rate is much higher than official numbers and its ravaging effects on the purchasing power of fiat currency users. Discussed in this interview: 00:00 Introduction 02:03 The government’s meddling with the inflation rate 08:55 Inflation … Read more

Quarterly bank OCC report: Total Swaps jumped by $10T of nominal value in 2021 after being flat for the last 5 years. GS still leveraged 136:1 on their nominal derivatives, but was reduced. Top 5 increased their swaps by ~$1T each. Top 4 added $200B in short term Equity Derivatives alone.

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by laflammaster Caption: Derivative Contracts by Products https://www.occ.gov/publications-and-… Caption: Table 1: NOTIONAL AMOUNTS OF DERIVATIVE CONTRACTS https://www.occ.gov/publications-and-… Caption: Table 3: DISTRIBUTION OF DERIVATIVE CONTRACTS https://www.occ.gov/publications-and-… Caption: Table 4: CREDIT EQUIVALENT EXPOSURES https://www.occ.gov/publications-and-… Caption: Table 10: NOTIONAL AMOUNTS OF DERIVATIVE CONTRACTS BY CONTRACT TYPE AND MATURIT https://www.occ.gov/publications-and-… Swaps are a type of contract, where you make a … Read more

Pelosi: Paid leave back in Biden spending bill

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Rep. Mark Pocan, D‑Wis., says Biden’s Build Back Better plan will benefit 4 million American families and create plenty of jobs. House Speaker Nancy Pelosi informed Democratic lawmakers Wednesday that a paid leave provision will be added back into President Biden’s social spending bill, a decision that could draw the ire of moderate holdouts, including Sen. … Read more

At current rate, we are one year away from the percentage of the economy that ponzi schemes were when Albania went down.

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So, 4x doubling to reach half of US GDP. Crypto market cap grown 4x since….December 2020 15x to do the same for world. Was 15x smaller….sometime in September 2020 Regulators are moving too slow — Graeme Blake (@graemeblake) October 30, 2021 @Bitfinexed @SECGov @GaryGensler @CFTC @DOJCrimDiv — Graeme Blake (@graemeblake) October 30, 2021 @QTRResearch just … Read more

Wells Fargo to Investors: More Regulatory Setbacks

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Wells Fargo said it is “likely to experience issues or delays” in satisfying demands from multiple U.S. regulators — a subtle but meaningful shift in language from earlier filings in which the bank said it “may” experience delays. The development means that the most significant regulatory constraint on Wells Fargo — a Federal Reserve edict … Read more

Fed’s Stunning Inflation Abdication; Gold Gearing Up

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by: Stefan Gleason When will precious metals markets finally make their move? It’s a question that has frustrated many investors in 2021. Gold and silver prices have remained stubbornly rangebound for the past several months. There is no way to know exactly when this consolidation period will end. Long-term investors would be wise to hold … Read more

Tesla sells 1% of cars globally, yet is priced more than the companies combined that sell the other 99%

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by Historical_Job_8609 The valuation on Tesla is now beyond the absurd. Whilst European EV sales explode to presently 19% of all car sales this year, Tesla does not even make the top five EV sellers by company at a lowly 7%. (VW 25%; Stellantis 13%; Daimler 10%; BMW 10%; Hyundia-Kia 9%). Tesla, unlike in the US, … Read more

Senile Emperor Biden Announces New Vax Mandate Rules – January 4

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by Chris Black Please, get your kids vaccinated. It’s safe and effective — and the best way to put this pandemic behind us. pic.twitter.com/D5T8dH6f33 — President Biden Archived (@POTUS46Archive) November 4, 2021 Workers at businesses with 100 or more employees will have to get vaccinated against COVID-19 by Jan. 4, 2022, or face regular testing … Read more

With Kyle Rittenhouse in the News Again, We Turn Back to What Really Happened

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by Chris Black Day 1 >Police shoot Black felon in Kenosha, Wisconsin while he was evading arrest. They had a warrant for his arrest on third-degree sexual assault. Afterwards, distraught crowds of black locals manifested and fought the police, later that night they were burning down and looting shops throughout their city.  Day 2 >Protests … Read more