With Stagflation Ahead, How Will Gold Respond?

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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: Analysts say gold is eyeing stagflation, gold in times of war and peace, and the rundown of the debt ceiling situation. Analysts think stagflation might be the boost gold needs right now … Read more

Facebook Crisis

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by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/10/Zuckerberg-10-5-21.mp4 Here is a video of Senator Ed Markley calling out Mark Zuckerberg after the damning whistleblower testimony. Perhaps at last we may begin to see some action of breaking up Zuckerberg’s toy. The seven-hour blackout of Facebook raises another problem entirely. Zuckerberg claimed that the issue was an internal technical problem … Read more

HACKED: “The entirety of Twitch has reportedly been leaked, Source Codes and User Payouts Among the Data Released in a 128GB Torrent

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The user posted a 125GB torrent link to 4chan on Wednesday, stating that the leak was intended to “foster more disruption and competition in the online video streaming space” because “their community is a disgusting toxic cesspool”. VGC can verify that the files mentioned on 4chan are publicly available to download as described by the … Read more

Evergrande Collapse May Just Be the Tip of the Iceberg…

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China’s Evergrande is spooking markets and the global economy faces a range of threats that could derail recovery. Soaring energy prices are disrupting production; in the background the US and China still aren’t getting along. With growth slowing and prices hitting multiyear highs, economists are talking about the dreaded “stagflation.” The name Evergrande is becoming … Read more

More RealBadNews about the economy, itz tanking hard…..GDPNow tracker is heading down the toilet

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In July the CNBC consenus forecast median was a massive 8%!! What iz this, the Second Great Depression or something? https://www.atlantafed.org/cqer/research/gdpnow Latest estimate: 1.3 percent — October 5, 2021 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is 1.3 percent on October 5, down from 2.3 percent on October … Read more

Chinese property developer Fantasia defaults. Contagion cross default is happening.

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China property sector default woes deepen Worries about rising debt defaults by Chinese property developers sapped investor sentiment on Tuesday amid fresh credit rating downgrades and uncertainty about the fate of China Evergrande Group as it scrambles to raise cash by selling assets. Evergrande (3333.HK) is facing one of the country’s largest-ever defaults as it … Read more

Target will pay employees an extra $2 an hour for peak days of holiday season

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https://www.cnbc.com/2021/10/05/target-offers-employees-extra-2-an-hour-for-peak-days-of-holiday-season.html Target said it will pay an extra $2 an hour to store and service center employees who work peak days during the holiday season, such as on Saturdays and Sundays in the final weeks before Christmas. The big-box retailer previously said it would scale back holiday hiring and give more hours to its staff. … Read more

Government Spending Cannot “Stimulate” the Economy

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by Patrick Barron Government economic policy is completely backwards. We are told that massive deficit spending, interest rates driven to zero, and now higher taxes on the “rich” will bring the American economy out of the doldrums or whatever fake malady seems to be popular. It is hard to imagine an economy in the doldrums when … Read more

Notable that the 2 parties that can’t agree on anything always agree on the one thing that truly matters to them: Their money king.

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https://twitter.com/NorthmanTrader/status/1445495496437473285 Some of the highest ranking members of the Federal Reserve were caught insider trading. The very people responsible for dictating the monetary policy of the United States, which ripples throughout most of the world. Barely a whisper in the media or Congress. Do you get it yet? — Murray 🇺🇸 (@Rothbard1776) October 4, 2021 … Read more

“I believe we’re entering a period of time where the government is setting a precedent that in light of any emergency…”

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Absolutely correct. It is an extremely dangerous and life-threatening precedent. We should reject it in full. What a brilliant and brave young man who is wise beyond his years. Bravo @JJudahIsaac 👏🏼 — Murray 🇺🇸 (@Rothbard1776) October 5, 2021 New peer-reviewed paper: "It is possible that lockdown will go down as one of the greatest … Read more

Rep David Scott, who is going to “fine retail investors from using social media… to limit stock manipulation” is paid by Wallstreet

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Rep David Scott, who is going to "fine retail investors from using social media… to limit stock manipulation", received last quarter: – $118,000 from commercial banks– $117,500 from insurance– $101,500 from investment wallstreet PACs He is paid by Wallstreet. https://t.co/lqJy1GBQCK — unusual_whales (@unusual_whales) October 5, 2021