by Frank Holmes, CEO, U.S. Global Investors For the past decade, citizens of Latin American countries have grown bolder in protesting their governments’ failed socialist policies. We’ve seen unrest in, among other states, Venezuela, Chile and Colombia, but until recently, we hadn’t heard a peep from Cuba, which has been under communist rule since Fidel Castro’s revolution in 1959. It’s … Read more
by Lance Roberts Earnings up, multiples down. Such seems to be a straightforward rationale for why investors should pile into markets as it enters a “new phase.” Such was the suggestion made recently by Yahoo! Finance anchor Myles Udland. “The stock market is entering a new phase. Investors right now are faced with a simple question: how much? How much … Read more
Mark Dice visits the beach boardwalk again in San Diego to talk with people as he tries to figure out where things went wrong with society because something is going on!
Economist Stephen Roach warns Beijing’s crackdown against U.S.-listed China stocks will have widespread market implications. Roach, who is considered one of the world’s leading experts on Asia, believes the actions are signaling the early stages of a cold war. “I am a congenital optimist when it comes to China. But I find these actions really … Read more
by Martin Armstrong In Germany, they have now determined that 40% of all cash in the system is currently being hoarded. The German press, DWN, is also reporting that “Because of the rampant delta variant of the coronavirus, investors are again increasingly heading for the ‘safe haven’ dollar.” The three largest deaths are usually cardiovascular (17.79 million), cancer (9.6 … Read more
from Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring … Read more
https://www.youtube.com/watch?v=Q6LB-YZKPP0 Leah Barkoukis from Townhall reports, During a CNN town hall on Wednesday, President Biden said he is “continuing to push” for a ban on weapons that can fire multiple rounds, including handguns. Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/leahbar…
It’s been a while since Wall Street banks recommended anything to do with either gold or gold stocks, but in a surprising reversal, last week one of Wall Street’s biggest bulls Credit Suisse said that the time has come to use gold stocks as a risk off diversifier, while seeing material upside for the precious … Read more
Protests going crazy in Europe. Meanwhile the US Sleeps. https://youtu.be/AwfOo1RqpdA https://twitter.com/consent_factory/status/1418976134969036809 The protest in Paris, France against the Macron government domestic vaccine pass is massive. pic.twitter.com/K20R1GMRCN — Marie Oakes (@TheMarieOakes) July 24, 2021
Typhoon In-Fa Hits China's East Coast, Forcing Container Ports To Close https://t.co/bqpSfrRClF — zerohedge (@zerohedge) July 26, 2021 On Saturday, Yangshan Port in Shanghai moved containerships and secured containers on land ahead of the storm. Yangshan Port is a deep-water port and one of the most active in China. The disruption throws another wrench in … Read more
https://www.youtube.com/watch?v=CwUjn9MZlQg
This week’s Golden Horseshoe is awarded to the Department of Energy’s cybersecurity office for spending $2.1 million for software it did not use, part of a broader pattern of deficiencies in budgetary oversight and workforce management planning. A recent Office of Inspector General report investigated several allegations it received about questionable spending and a lack … Read more
The 2022 race for New Hampshire’s U.S. Senate seat is a dead heat. A Granite State Poll found that in a hypothetical matchup between incumbent Democratic Senator Maggie Hassan and potential challenger GOP Gov. Chris Sununu. The poll found that Sununu and Hassan are statistically tied, 49 percent to 48 percent, with just 2 percent of … Read more
President Joe Biden charts the outer limits of comprehension so frequently that, even when we hear him clearly, it’s still difficult to believe what’s coming out of his mouth. So when we don’t hear him clearly, just about anything is possible. Nowhere was that more apparent than in an incident Sunday, where the president emitted a … Read more
Even NPR is concerned about rising crime now. Of course, the folks there see it as a public relations issue for the Democratic Party rather than a problem to be solved, but whatever. Three years ago the U.S. Commission on Civil Rights issued a report on “Police Use of Force.” I used the opportunity to write a bit … Read more
via washingtonexaminer: House Speaker Nancy Pelosi said she barred Representatives Jim Jordan and Jim Banks from the Capitol riot investigating committee because the two Republicans “had made statements and taken actions that I think would impact the integrity of the committee.” Pelosi said Jordan and Banks also “made statements and took actions that just made it … Read more
by confoundedinterest17 The expectation was for a 796k print for May, but new home sales checked in at 676k instead. That represents a decline of 6.6% from May to June. And the median price of new home sales fell 5% from May to June. At least the US is adding to its woefully low housing … Read more
Democrats are worried about winning the 2022 midterm elections after Republican state legislatures reformed 30 election integrity laws in 18 states and additional legislation may come. CEO of the Stacey Abrams-founded New Georgia Project, Nsé Ufot, told Politico, “If there isn’t a way for us to repeat what happened in November 2020, we’re f—ed.” Latosha … Read more
Why are Democrats in Congress staging a series of show hearings to generate support for H.R. 4, “The John Lewis Voting Rights Advancement Act”? Because, they claim, there is a wave of “voter suppression” going on across the country. That is nothing more than a political fabrication. Requiring voters to show ID to authenticate their … Read more
Joe Biden on Monday delivered remarks on the 31st anniversary of the Americans with Disabilities Act from the Rose Garden. As usual, Joe Biden got confused and forgot a congressman’s name Then Biden confused whether a guest’s mother was attending the event. “Where’s mom? Mom?” Biden said looking around lost. https://www.thegatewaypundit.com/2021/07/mom-mom-joe-biden-confuses-congressmans-name-confuses-whether-guests-mother-attending-event-video/