by Michael Lebowitz Is “Running Hot” Inflation Wise and Humane? “To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.” – Janet Yellen “To me, the weather is perfect when it’s 75 degrees.” Both statements have some truth to them but severely lack context. Even if … Read more
https://twitter.com/disclosetv/status/1404784364131696642 Kyle Bass: Actual Inflation Rate Is Around 12% Bass noted that the Federal Reserve’s easy-money policy has added about 34% more money to the system in the last 14 months, a move that effectively cuts into the consumer’s buying power. “That means people that have money in the bank, in their savings, are losing, … Read more
The headphone challenge, the long leg challenge, the 100 RMB challenge, the bellybutton challenge, the iPhone challenge… all of these challenges come from China, and they are all about how skinny women can get, and finding ways to flaunt it. It’s had real repercussions on society. Here’s why.
A sudden law change about university degrees sets off something the Chinese government did not expect. Why don’t Chinese people rise up? They do! Only to be met with the most brutal of punishments.
Patrick Karim and Lawrence Lepard on Palisades Gold Radio Tom welcomes back Patrick Karim and Lawrence Lepard to discuss the markets along with numerous charts. Patrick discusses the importance of knowing where you are in a market trend and how ratios are an excellent way to determine which will outperform. Silver compared with the Dow is helpful for this … Read more
by Michael Snyder For a moment, I would like you to take an imaginary tour of a major U.S. city with me, and I would like for you to try to guess which city I am talking about. As you stroll along the sidewalks in the heart of this city, it seems like tents have … Read more
Has investor psychology reached a manic peak? Well, some people are willing to fork over millions for pictures that they can see but not touch. Here’s more on the bizarre world of non-fungible tokens.
by Martin Armstrong In Germany during December 1922, the last straw that broke the back of the German economy was a forced loan of 10% of all your assets. This destroyed the confidence that remained in the Weimar Republic and thereafter people withdrew the money from banks and started to convert to other currencies and … Read more
Clif High interviewed on USA Watchdog by Greg Hunter So, the Democrats are killing off their own voters? High says, “Correct, and it’s more than that. They are killing off the true believer class, the activist class. (There is much more on this too in the interview.) High also sees huge changes to the political and economic system, and … Read more
The Pentagon is releasing a report on what the government knows about UFOs. According to a recent Gallup poll a third of Americans think an alien spacecraft has visited the U.S. NBC News’ Alex Seitz-Wald explains what we can learn from looking at the skies a little more scientifically. Jun 15, 2021, NBC News Pentagon … Read more
I just signed a Resolution asserting Texas sovereignty under the 10th Amendment over all powers not granted to the federal government by the US Constitution. The Resolution officially notifies the President & Congress to cease acts of encroaching upon the powers of states. — Greg Abbott (@GregAbbott_TX) June 15, 2021 Texas will finish what President … Read more
CNBC, Released on 6/15/21 Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday. Kyle Bass, founder and chief investment officer of Hayman Capital Management, joined “Squawk Box” on Tuesday to discuss. Kyle Bass is an American … Read more
WATCH: Russian President Putin calls out the US government for politically persecuting the Jan. 6 mob and provocatively implies the US government might have assassinated Ashli Babbit. pic.twitter.com/AUx9FBdEfK — Election Wizard (@ElectionWiz) June 15, 2021 https://www.thegatewaypundit.com/2021/06/order-assassination-woman-walked-congress-russian-president-putin/ h/t Dan
Full text after the image(s). View post on imgur.com NSFW version: View post on imgur.com Full text: https://www.thegatewaypundit.com/2021/06/arizona-attorney-general-mark-brnovich-responds-biden-admins-threats-office-not-amused-dojs-posturing/ Attorney General Merrick B. Garland U.S. Department of Justice 950 Pennsylvania Avenue, NW Washington, DC 20530-000 I Dear Attorney General Garland, June 14,2021 Late last week, you made troubling comments about the ongoing efforts in states to … Read more
by confoundedinterest17 The Producer Price Index Final Demand rose 0.8% MoM in May. ddd US CPI YoY and PPI Final Demand YoY are tracking nicely. Of course, home prices are growing at 13.19% YoY. Consumer purchasing power continues to decline. Will this be The Fed’s version of Haydn’s Surprise Symphony? “We swear! Inflation is transitory!!”
by confoundedinterest17 This reminds me of the movie “The NeverEnding Story.” (Bloomberg) — Money-market investors are intensifying their focus on what the Federal Reserve might need to do to maintain a firm hand on the short-term interest rates it uses to implement monetary policy and if it could start to tinker with its toolkit this week to … Read more
Fox News, Released on 6/15/21 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall … Read more
GoldSilver Pros, Released on 6/14/21 Not only is Perth mint net short on metal, but they appear to be using client accounts to generate interest income. A CFA explains how the Perth Mint is apparently using customer accounts for interest-earning purposes, essentially turning Perth into a regular bank. This our 3rd video on #PerthMint, unraveling the … Read more
“The Tesla and SpaceX CEO has sold or listed all of his $114 million in real estate holdings in the past year and now resides in a small, ranch-style house in Texas near the Boca Chica “Starbase,” a test site for many of SpaceX’s rockets located in Southeast Texas, two miles away from the southern … Read more
President Joe Biden’s administration announced their plans to create ways for Americans to report radicalized friends and family to the government, in an effort to fight domestic terrorism. In a conversation with reporters, one senior administration official explained the importance of stopping politically fueled violence before it started. “We will work to improve public awareness of … Read more