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by David Brady via Sprott Money Gold dumps to 1746. Silver to 22.59. GDX to a “new low” of 30.59. SILJ to 12.43. Meanwhile, DXY rises to 92.96, its highest level since August 27. Stocks have come off slightly, with the S&P testing support at ~4440 and the Nasdaq 15000. We can debate the reasons as to why. … Read more
Discontent from retail investors in Evergrande is reportedly escalating with the latest hostage situation where the troubled property giant’s employees have been held captive in a management office. Following reports of weekend protests which escalated to the storming of Evergrande’s headquarters, investors have now resorted to holding its management hostage, according to a «Straits Times» … Read more
House Republicans are arguing against a Democratic proposal to increase the $7,500 taxpayer-funded credit for electric car purchases to as much as $12,500, arguing that it would disproportionately help wealthy Americans who can afford to buy pricey electric vehicles.Democrats on the House Ways and Means Committee have proposed increasing the credit as part of their … Read more
by Jason Burack of Wall St For Main St While Wall St, PhD Economists and deflationistas talk about how the CPI shows inflation expectations came down this week, the producer price index (PPI) and whole price trackers in the US and Germany say the exact opposite with record highs or record increases not seen in decades. FULL SHOW … Read more
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com. The humongous bill that Democrats in Washington, D.C. are assembling this week is a slap in the face to Americans who work, pay taxes and support their families.The bill demeans work ethic and glorifies government handouts. It sends … Read more
(NEXSTAR) – It may not be anyone’s dream home, but it’s certainly the home of someone’s nightmares. A real estate agent in Louisiana has — successfully — marketed an abandoned house by playing up one of the eeriest aspects of the property: a pair of terrifying dolls left behind by a previous owner. “I did … Read more
Please spread this video far and wide. We need to get the word out that the FBI is a criminal organization and does not work for the American people! AC
by confoundedinterest17 The next Federal Reserve Open Market Committee (FOMC) meeting is next week with an announcement on Wednesday, September 22nd. (Bloomberg) — Volume in the December 2024 eurodollar futures contract has surged Friday, approaching 200k, highest in the strip. Weekly volume exceeds 800k ahead of next week’s FOMC meeting. The December 2024 contract is a proxy … Read more
Following a 2019 BBC report that revealed how human traffickers were using Facebook to sell victims, Apple reportedly threatened to kick the social media giant off of its App Store, a new Wall Street Journal report reveals. A Facebook investigation team reportedly spent over a year documenting human trafficking trades occurring in the Middle East, … Read more
Next Pandemic?! https://t.co/vRKQZZ6J6R — Willem Middelkoop (@wmiddelkoop) September 18, 2021
Biden has surrendered the US border https://t.co/yxYsgsD8Qt — Jack Posobiec (@JackPosobiec) September 18, 2021 The Biden Administration does not want you to see this footage. That’s why they banned drones from documenting the true extent of Biden’s border crisis. pic.twitter.com/5tDE11Qcak — Sen. Marsha Blackburn (@MarshaBlackburn) September 18, 2021
In Depth: The Never-Ending Battle to Curb China’s Hidden Debthttps://t.co/QPXPRTNiws pic.twitter.com/N7ql2ne4uy — M/1_LP (@MI_Investments) September 18, 2021 Despite low rates, Japan spends more than 21% of its budget on interest expenses. High and rising debt means stagnation and weak real wages, despite low cost. pic.twitter.com/BlHWwkEpTR — Daniel Lacalle (@dlacalle_IA) September 18, 2021
https://twitter.com/Rothbard1776/status/1439271621961736192 View post on imgur.com
Good Morning from #Germany where #inflation expectations keep rising as markets no longer see inflation as a transitory phenomenon, but as something more permanent. German 10y breakeven rate rose >1.60%, the highest level since 2013. pic.twitter.com/a0GEtCvhx5 — Holger Zschaepitz (@Schuldensuehner) September 18, 2021 All you need to know pic.twitter.com/JjL1HJslWE — zerohedge (@zerohedge) September 18, 2021 … Read more
BY JOHN RUBINO China’s Evergrande has been in the news lately, but not always in an understandable way. The real estate developer is just too big and its financial arrangements too obscure to be easily grasped by people with a lot of other things on their plates. Plus, China has had plenty of corporate implosions in … Read more
Public domain photo from National Park Service From Birch Gold Group Federal Reserve Chairman Powell and other members of the Fed have been using the term “transitory” to downplay the threat that the last 16 months of skyrocketing inflation would last. But inflation has been sharply on the rise since March 2020, with only a minor pause toward the … Read more
https://twitter.com/RetirementRight/status/1439265708316135432
Don't fight the Fed. The US stock market is the most overvalued to fundamentals in its history. It's poised to melt down quickly on the catalyst of China's Ponzi credit implosion. We are selling FAAMG and buying cheap gold stocks, especially the explorers. Stagflation ahead. https://t.co/DrVYAie5vM — Kevin C. Smith, CFA (@crescatkevin) September 18, 2021 … Read more
The Chinese tech massacre visualized 👇ht @JamesEagle17 pic.twitter.com/kugI4JrBqe — Michael A. Arouet (@MichaelAArouet) September 18, 2021 In case you missed it! No Chinese stock left among global Top 10 as #Tencent slides. Firm’s value has shrunk $388bn amid tech crackdown. Chinese stocks drop off league table for first time since 2017. https://t.co/cNplYuloNJ pic.twitter.com/d9zKxWuzKE — Holger … Read more
https://twitter.com/PhilipSoos/status/1438825768155369476 pic.twitter.com/i3ZYGqE7Bn — Russian Market (@runews) September 16, 2021