by Chris Kimble When Doc Copper speaks, investors should listen. And it may be that time again. The price of copper broke above the $4 mark early this year… but it’s struggled to maintain its momentum and is in a multi-month pullback. Today’s chart is a “weekly” chart of Copper. And as you can see, Doc Copper … Read more
Ryan Puplava, CEO of Financial Sense Wealth Management, discusses the events and concerns surrounding one of China’s largest property developers, Evergrande, which led to a sell-off in Chinese and global markets. Ryan also looks at a number of items creating investor uncertainty at present and where we are seeing the greatest pressure on the market.
https://twitter.com/alwebbj/status/1440049852088422402
He clearly said his music is not for kids — jmoney (@ganstafag) September 17, 2021 by Chris Black
by Chris Black 2/6the pandemic shut down swathes of the economy at the start of 2020. New-home prices in 70 cities rose 0.16% last month from July, the slowest pace this year. Prices on the secondary market dropped for the first time since February 2020, slipping 0.02% from a month earlier." — Michael Pettis (@michaelxpettis) … Read more
by Chris Black “We know they are lying, they know they are lying, they know we know they are lying, we know they know we know they are lying, but they are still lying.” ~ A.S. Americans are 2nd class citizens in their own country. Biden W.H.: Unlike Europeans, illegal immigrants don’t need to prove … Read more
by Chris Black The AP reports the 27-year-old NJ man is an officer with Customs and Border Protection. He was arrested by police for illegally possessing a firearm on the grounds of the Capitol after people in the crowd reported seeing him with a handgun and notified nearby law enforcement officers. The US attorney’s office … Read more
by Chris Black The failed Justice for J6 rally gives me some flashbacks to rallies we had after Charlottesville in hopes of keeping the momentum up. You see a lot of the same symptoms in the alt-conservative/Post-MAGA movement: tons of infighting, lack of trust or solidarity, accusing everyone of being feds (not that there weren’t … Read more
Legendary investor Jim Rogers has seen more market ups & downs than most people alive today — making a LOT of money in the process. But given today’s macro environment, he’s more concerned about the market’s future prospects than he’s ever been before. In fact, he now confidently predicts we will experience a massive economic and financial … Read more
https://t.co/vOxZwV2Tac — Endless Capit🅰️l (@endless_frank) September 20, 2021 Here’s the drill: – China Construction reset – Aussie miners puking – $AUSJPY in downtrend – energy crisis well underway with risk of mass consumer defaults– wage inflation cycle starting in US – US Treasury pleading with it’s own majority to prevent a default — KKGB (@INArteCarloDoss) … Read more
by mekonsodre14 Assumptions… 70% of wealth in China is held in property (elsewhere average is btw. 20 to 35%) Evergrande’s international payment obligations are due on Thursday 1/3 of current China GDP is created by construction and property related activity (builders, materials/commodities, industrials/machines, services, etc) China property market (sales) has been lagging for some months … Read more
But it won’t affect the private gated communities of the wealthy: https://archive.ph/p7khk
by confoundedinterest17 Kind of a drag … when Federal government stimulus fades just as The Fed tries to decide on slowing its balance sheet expansion. (Bloomberg) — In the coming Year of the Taper, it’s the fiscal version that will really bite. The chatter in U.S. financial markets is all about the Federal Reserve’s yet-to-be-announced reduction of its bond purchases. … Read more
Found this 2018 article, interesting/fun fact: The Stock Market Works by Day, but It Loves the Night If you had bought SPY at the last second of trading on each business day since 1993, and sold at the market open the next day — capturing all of the net after-hour gains — your cumulative price gain … Read more
The US is facing one of the most painful housing crises in history as home prices soar to unprecedented levels and rents have been aggressively rising, putting millions of Americans on the edge of eviction. The massive wave of pain descending upon this nation right now is just hard to comprehend. Mass evictions have begun … Read more
https://t.co/x2fDmjsdSb — Marek Jażdżewski (@HaliadeXI15MW) September 19, 2021 h/t VinoSom
Former Treasury Secretary Steven Mnuchin has just sent the clearest signal yet that he likely wouldn’t rejoin a potential second Trump Administration (despite being one of the more successful cabinet members) via reports that the ex-Goldmanite will raise $2.5 billion for a new private equity fund. Mnuchin isn’t the only industry giant who is launching … Read more
