Infrastructure Spending Could Be Good, But It Won’t Be.

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by Lance Roberts Infrastructure spending can be economically beneficial. But, unfortunately, the type of “spending” the Democrats are proposing will not be. We must begin our discussion with the textbook definition of “infrastructure.” “Infrastructure is the general term for the basic physical systems of a business, region, or nation. Examples of infrastructure include transportation systems, communication networks, sewage, water, and … Read more

Time is Running Out for the Banks

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by David Brady via Sprott Money Unfortunately, this week I have little to add to what I shared last week. We have not broken any major resistance or support levels, i.e., we have gone more or less nowhere. Gold is the perfect example. Resistance at 1815-1820 remains intact. Support at 1750 has yet to be tested. What has … Read more

UPDATE: California and other parts of West broil and burn…

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Firefighters working in searing heat struggled to contain the largest wildfire in California this year while state power operators urged people to conserve energy after a huge wildfire in neighboring Oregon disrupted the flow of electricity from three major transmission lines. A large swath of the West baked during the weekend in triple-digit temperatures that … Read more

Haiti announces the arrest of an alleged mastermind of the assassination – A Florida Doctor (3rd American)

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“When the advance of the bandits was blocked, the first person they called was Emmanuel Sanon,” said the director of the Haiti National Police. The Haitian authorities announced this Sunday the arrest of one of the alleged masterminds of the assassination of President Jovenel Moise, Dr. Emmanuel Sanon. “When the advance of the bandits was … Read more

Illinois Teacher Sues District, Claims “Anti-Racist” Curriculum Teaches That Whites Oppress, Violates Constitution

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https://www.zerohedge.com/political/illinois-teacher-sues-district-claims-anti-racist-curriculum-teaches-whites-oppress A middle school drama teacher in Illinois has filed a lawsuit against her school district, alleging that it is violating anti-discrimination laws and the U.S. Constitution through its curriculum that pits “different racial groups against each other” in the name of “anti-racism.” Teacher Stacy Deemar, in her lawsuit (pdf) filed in federal court on … Read more

Hero Plumber Has Helped 10,000 Vulnerable Families Fix Heating and Plumbing For FREE During Pandemic

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A kind-hearted plumber has spent $77,000 during the pandemic helping thousands of vulnerable families fix their heating and plumbing for free. In 2017, James Anderson was called to a home for a second opinion and caught a heating company who’d attempted to con an elderly and disabled man out of £5,500. Disgusted and disheartened by … Read more

Hunter Biden paid Joe’s AT&T bill and spent thousands on house repairs for him while he was Vice President, new laptop emails claim

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* 2010 emails between Hunter and his business partner Eric Schwerin detail payments for ‘JRB’ – likely Joseph Robinette Biden * They include $190-a-month on an AT&T bill and payments for house repairs * Thousands went on new walls, paint and AC fixes at Biden’s Wilmington home * At the time, he was earning $230,000-a-year as Vice President * He … Read more

SkyNewsAustralia: Delta Variant Less Chance of Dying.

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The Menzies Research Centre’s Nick Cater says it seems clear the chance of dying if you contract the Delta variant is “considerably smaller” than the Alpha variant. “Basically, if you’re under 50 it’s virtually zero – that’s according to public health UK,” he told Sky News host Cory Bernardi. “So it is mercifully less severe … Read more

China says it ‘drove away’ U.S. warship

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BEIJING: China’s military said it “drove away” a US warship that illegally entered Chinese waters near the Paracel Islands on Monday (Jul 12), the anniversary of an international court ruling that Beijing has no claim over the South China Sea. The USS Benfold entered the waters of the Paracels without the approval of the Chinese government, … Read more

Average rent USA $1,200, Average 1 bedroom California $2,600/month

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https://www.newsweek.com/apartment-rent-housing-costs-soar-average-us-rental-price-surpasses-1200-1st-time-1607257 Cheapest 1 bedroom in California $1,000/month in Turlock, CA — Rank City 1-BR Average Rent Average Rent YoY Change 1 Turlock $1,013 -0.67% 2 Lodi $1,019 -3.71% 3 Fresno $1,113 -10.84% 4 Merced $1,116 -14.97% 5 Stockton $1,122 -13.32% 6 Bakersfield $1,170 7.84% 7 Hemet $1,219 11.33% 8 Rancho Cordova $1,235 -14.50% 9 Carmichael … Read more

It takes effort to create a zombie economy.

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https://twitter.com/NorthmanTrader/status/1414552735123398657 S&P EARNINGS, VALUATION, YIELDS & PERFORMANCE 📈📊 pic.twitter.com/j0FCHjFC5x — Win Smart, CFA (@WinfieldSmart) July 12, 2021 https://twitter.com/NorthmanTrader/status/1414481550285094912 China 10y yield is falling apart — Alessio (@AlessioTMAD) July 12, 2021 https://twitter.com/NorthmanTrader/status/1414476385012404226 Boomers: Inflation 😱😱😱😱 Millennials: Inflation 🕊🕊🕊🕊 Boomers are running the Fed pic.twitter.com/THXGYppnlJ — Andreas Steno Larsen (@AndreasSteno) July 12, 2021

Jack Posobiec: I finally watched this all the way and The millennial doctor completely falls apart at the end, no idea how to deal with actual confrontation. Has probably never met any in his entire life

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I finally watched this all the way and The millennial doctor completely falls apart at the end, no idea how to deal with actual confrontation. Has probably never met any in his entire life https://t.co/O2NsXgRLgB — Jack Posobiec (@JackPosobiec) July 12, 2021

Everyone Noticed One Thing Missing From John Kerry’s Face Going through the Airport, Again

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https://www.youtube.com/watch?v=p-8CkVQhJwE Rebecca Downs from Townhall reports, Climate czar John Kerry was yet again spotted at the airport without his mask, despite federal law requiring passengers to wear them. The photographs of this recent incident were obtained by the Washington Free Beacon, and show the former Secretary of State without his mask while going through security … Read more

WATCH: Russian Fighter Jets Intercept US Navy Plane over Black Sea

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https://www.youtube.com/watch?v=o8hVhSCc4VY Ryan Morgan from American Military News reports, A pair of Russian Su-30SM fighter jets intercepted a U.S. Navy P-8A Poseidon maritime patrol aircraft over the Black Sea on Tuesday. On Wednesday, Russia’s Ministry of Defense tweeted, “#Footage On July 6 in the evening, two #Su30SM fighters of the Russian #BlackSeaFleet’s maritime aviation & air … Read more

Thinking of Bank-Stored Gold? Think Again.

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By Matthew Piepenburg For informed investors who have successfully traversed the tired Bitcoin vs. Gold debate and recognized the critical importance of owning physical (as opposed to paper/ETF) gold as an obvious antidote to globally debased currenciesand openly systemic financial and banking risk, you have, thankfully, recognized precious metals as historically unmatched safe-haven assets. For years, we have bluntly explained why precious metal ownership is so … Read more

Russell Brand: If you don’t trust the media, watch this … Joe Mazumdar: Why this commodity supercycle is different … Peter Grandich: We’re in the mother of all financial bubbles …

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BY JOHN RUBINO  Russell Brand: If you don’t trust the media, watch this … Joe Mazumdar: Why this commodity supercycle is different … Peter Grandich: We’re in the mother of all financial bubbles … Clem Chambers: Bitcoin winter is here, $10,000 coming … JP Sears: When the government comes knocking on your door … ——————————–