The Reaping! Fed’s Overnight Reverse Repo Hit New Record High Of $497.4 Billion (Fed Funds Effective Rate Only 6 Basis Points) 10Y Treasury Auction Sees High Yield Drop Below 1.5%

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by confoundedinterest17 This reminds me of the film “The Reaping.” The Fed’s overnight reverse repo facility hit a new record high on Tuesday, rising to an all-time high of $497.4 billion. The New York Fed conducts overnight reverse repo operations each day as a means to help keep the federal funds rate in the target range set … Read more

Biden to US Troops in EUROPE: “This is Not a Joke – The Greatest Threat Facing America is Global Warming” (VIDEO)

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https://www.thegatewaypundit.com/2021/06/biden-us-troops-not-joke-greatest-threat-facing-america-global-warming-video/ Joe Biden on Wednesday evening landed in the UK and addressed troops at Royal Air Force Mildenhall. Joe Biden’s speech was awkward and cringeworthy. Biden told the troops that he ‘keeps forgetting he’s president.’ Then he said this… “This is not a joke. You know what the Joint Chiefs told us the greatest threat … Read more

RINO Georgia AG Chris Carr Walks on Stage at GOP Convention – Gets hit with BRUTAL Backlash

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https://www.youtube.com/watch?v=yrR56FvO4yU Jim Hoft from The Gateway Pundit reports, In December 2020 Georgia Attorney General Chris Carr stepped down as chairman of a national group that advocates for Republican attorneys general. Carr cited a “significant difference of opinion” in the organization’s direction following a robocall that urged people to march to the U.S. Capitol on January … Read more

New York Times Claims Mara Gay’s Anti-Flag “comments on MSNBC have been irresponsibly taken out of context.”

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New York Times editorial board member Mara Gay's comments on MSNBC have been irresponsibly taken out of context. Her argument was that Trump and many of his supporters have politicized the American flag. The attacks on her today are ill-informed and grounded in bad-faith. — NYTimes Communications (@NYTimesPR) June 8, 2021 "I was on Long … Read more

El Salvador President Says They Will Now Become a Bitcoin Mining Nation Using 100% Renewable Energy from Their Volcanoes

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Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos 🌋 Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor 🇸🇻 pic.twitter.com/SVph4BEW1L — Nayib Bukele (@nayibbukele) … Read more

Cop uses pit maneuver on woman after she failed to pull over, crashes and flips SUV into median [VIDEO]

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She had her hazards on and wasn’t driving erratically… Totally uncalled for imho. Jail the cop. He had no call to do this. pic.twitter.com/KoRmZoz1Vt — Ian Miles Cheong (@ianmiles) June 9, 2021 A pit maneuver is considered deadly force, which is only justified if there is an imminent threat to life. Also, this happened in … Read more

BITCOIN CRASHING TO $16,000 WOULD BE COMPLETELY NORMAL IF WE LOOK AT ITS HISTORICAL PRICE ACTION

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by Chris Vermeulen of The Technical Traders Chris Vermeulen joins Greg Dickerson from Dickerson International for the first time to discuss the historical price action of bitcoin and what we can expect in the future. It may seem like the correction is over with bitcoin dropping 54% in a matter of weeks but when you look at its history, having … Read more

10Y Yields Plunge Below 1.50% As Record Short Squeeze Accelerates (Treasuries Resume Bull-Flattening Trend Ahead of 10-Year Auction)

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by confoundedinterest17 (Bloomberg) — The dollar slipped and benchmark Treasury yields slipped to a one-month low as investors braced for Thursday’s U.S. inflation report that may give clues on the direction of monetary policy. The greenback weakened against all of its nine developed-world peers. The 10-year rate traded a shade below 1.50%, at the lowest since May 7, … Read more

IRS Is Investigating Release of Tax Information of Wealthy Americans

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WASHINGTON—Federal authorities are investigating the release of wealthy Americans’ tax information, Internal Revenue Service Commissioner Charles Rettig said Tuesday. ProPublica, a nonprofit news organization, published details about the reported income and tax payments of some of the richest Americans, including Amazon.com Inc. Chief Executive Officer Jeff Bezos and Berkshire Hathaway Inc. CEO Warren Buffett. Taxpayer … Read more

Financial collapse is closer than most realize and will speed everything else up significantly in my opinion. I have been a trader for 15 years and never seen anything like this.

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by If_I_Was_Vespasian How can anyone look at all-time stock charts and NOT realize something is broken? Most people though simply believe that it WILL go on FOREVER. My dad is one of these folks. Retired on over $2M and thinks he will ride gains the rest of his life through the stock market. It’s worked … Read more

Senate passes a tech manufacturing bill to counter China. Numerous senators / house members purchased semi-conductor stock BEFOREHAND.

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🚨 BREAKING NEWS 🚨 Senate passes a tech manufacturing bill to counter China. Numerous senators / house members purchased semi-conductor stock BEFOREHAND. For example, Nancy Wyden bought $AAPL, $AMAT, $AVGO, $KLAC & $NVDA BEFORE the legislation. Link: https://t.co/kICdJpIP2u pic.twitter.com/JakvSrHWpU — unusual_whales (@unusual_whales) June 9, 2021

THE LEFT THINKS OF 1984 AS AN INSTRUCTION MANUAL:

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The ACLU has made the name of the organization Orwellian. The acronym “ACLU” stands for “American Civil Liberties Union.” Once a proud defender of free speech and other liberties, it stood by the principle of defending the right to speak even for those whose speech is offensive. But that’s so Twentieth Century. A brand new … Read more

LOOK OUT: The FED is draining liquidity at records

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the FED is draning liquidity at records pic.twitter.com/pVCe6529MA — Alessio (@AlessioTMAD) June 9, 2021 US FED ACCEPTS $502.904 BLN IN DAILY REVERSE REPO OPERATION, AWARDS AT 0.00 PCT TO 59 BIDDERS – NY FED — *Walter Bloomberg (@DeItaone) June 9, 2021 Bears are doubling down on short positions…$BTC priming up for a monster short squeeze. … Read more