For the first time since the 1970s the sense of fiat currency erosion relative to financial assets and consumer prices due to misguided policies has penetrated the mindset of investors in a significant way. — Otavio (Tavi) Costa (@TaviCosta) August 31, 2021 Nonetheless, easy and cheap access to capital has also been one of the … Read more
Aug.29 — John Paulson, Paulson & Co. president and portfolio manager, explains why gold goes parabolic and why it’s a good investment now. He’s on “Bloomberg Wealth with David Rubenstein.” This was recorded Aug. 12 at Paulson’s home on Long Island.
PayPal is exploring ways to let users trade individual stocks, according to two sources familiar with the plan. As part of the expansion, according to one of the sources, the payment giant hired a brokerage industry veteran to lead “Invest at PayPal” — a previously unreported division of the payments giant. The move comes amid … Read more
That's arguably a better way of saying things. I was looking at things from the Fed's point of view. They Fed openly promotes asset bubbles. Whatever "benefit" they see from that "accommodation" ends NO LATER than the moment they stop QE. https://t.co/cvoXu5tMhZ — Mike "Mish" Shedlock (@MishGEA) August 30, 2021 When the money printer goes … Read more
https://www.youtube.com/watch?v=fc6hs9gqnDA Calls for Biden impeachment or resignation grow amid fall of Afghanistan, chaotic U.S. exit With President Biden’s job approval ratings plummeting amid the Taliban’s swift takeover of Afghanistan in the wake of a chaotic U.S. withdrawal from the country after 20 years, a growing number of Republicans are calling for his removal from office, either … Read more
https://www.youtube.com/watch?v=2ZY8bcKIisk Mike LaChance from American Lookout reports, There is a lot of controversy about this video you’re about to see. [and the internet memes that have come out of this moment are plentiful causing the fact checkers to come out of the woodwork] Read More/Source/Credit/FairUse: https://americanlookout.com/sleepy-jo…
White House press secretary Jen Psaki called the past week the “worst week” in Biden’s presidency. At the press briefing, Psaki reiterated Monday that the Biden administration still fully supports withdrawing US troops from Afghanistan. Psaki was asked by a reporter if Biden sticks by his decision to pull the troops out of Afghanistan, despite … Read more
https://www.youtube.com/watch?v=0HLaHPkbWrY John Hanson from The Political Insider reports, The U.S. Justice Department has announced that it will have a new position: Chief Diversity Officer. This development was reported by Fox News on Saturday. Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/depar…
Democratic leaders in the House and Senate are hoping to pass a $1 trillion bill to fund infrastructure and a $3.5 trillion bill to fund new and expanded entitlement programs. The bills would entrench a substantial increase in the size and scope of the federal government. The chart below shows past and projected domestic program spending if the … Read more
https://www.youtube.com/watch?v=y83ak_nLRN8 Cristina Laila from The Gateway Pundit reports, Joe Biden and Jill on Sunday made an unannounced trip to Dover airbase to greet the plane carrying the remains of 13 US servicemen and women. Joe Biden was caught checking his watch during the ceremony. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021…
In a dramatic turn for the major studios, Hollywood’s share of China’s box office is in free fall, reportedly collapsing to less than 10 percent as Beijing aims to bolster its domestic movie industry while continuing to block major Hollywood releases from playing in Chinese cinemas. The result is a potential existential crisis for Hollywood, … Read more
“Tell people DO NOT go to the airport now. Last US wheels leave in 15 minutes. After that, it will be overrun by TB.” ☝️Latest on Kabul airport from an international safety and security officer for one of the world's largest relief organizations — emily miller (@emilymiller) August 30, 2021 “Some of the plane nerds … Read more
We are getting more and more evidence of real world price hikes, stagflation and supply chain problems, not less like the deflationistas claim!
by Charles Hugh-Smith No nation can produce less of lesser quality, and squander more on infinitely greedy and corrupt elites, all funded by issuing trillions of new units of currency, and imagine that this asymmetry will never have consequences. As I have often noted, historian Michael Grant identified profound political disunity in the ruling class as a … Read more
https://www.youtube.com/watch?v=-_xWNgeUbY8 Jarryd Jaeger from The Post Millennial reports Ratings for CNN’s “Reliable Sources with Brian Stelter” continue to flounder while Fox News’ MediaBuzz grows in popularity. As August draws to a close, Reliable Sources is on pace to log one of its worst monthly performances of 2021. Read More/Source/Credit/FairUse: https://thepostmillennial.com/cnns-br…
Tim Cook the CEO from Apple sold off $300+ million worth of shares. I wonder why he doesn’t want his cash in the stock? The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed … Read more
