Drowning in Cash, Money Markets Seek Another Life Raft From Fed (Repos, Inflation, Retail Miss)

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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

Tucker Carlson & Peter Schiff on Skyrocketing Prices

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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

Customers at Risk: Perth Mint Turns Itself Into a Bank, Using Client Accounts To Generate Interest Income?

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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

Biden Administration Asks Americans to Report ‘Potentially’ Radicalized Friends and Family

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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

9 out of the 10 House Republicans that voted to impeach Trump are now facing primary challenges.

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Nine out of ten House Republicans who voted to impeach former President Donald Trump over the January 6 riot at the U.S. capitol face primary challenges from America First candidates. Reps. Liz Cheney (R-WY), Tom Rice (R-SC) Jaime Herrera Beutler (R-WA), Adam Kinzinger (R-IL), Dan Newhouse (R-WA), Anthony Gonzalez (R-OH), Fred Upton (R-MI), Peter Meijer (R-MI), and David Valadao (R-CA) are all under pressure … Read more

The Secret to China’s Power Success in the U.S.

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“I’m really sorry. You have to understand that I love and respect China,” John Cena pleaded in a video posted to Weibo, a Chinese social network. The hulking wrestler made the mistake of referring to Taiwan as a country while giving a promotional interview—a mistake that reduced all six feet, two hundred and fifty pounds of him … Read more

Terry Schilling: Congress’s Postal “Reform” Would Deliver Nothing but Debt

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Congress wants to reform the U.S. Postal Service, which, to be sure, is desperately in need of reform. Unfortunately, its proposed legislation features little more than accounting changes that would take some retirement and healthcare costs off USPS’s balance sheet and dump them into the General Fund. Taxpayer losses would then be hidden, and Americans would be … Read more

Trump Exposes Why World Leaders Like Joe Biden…

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Trump released a statement exposing why world leaders like Joe Biden. Trump pointed out that world leaders know that they can continue to rip Americans off as long as Joe Biden is in office. “This was a quote by the President of France. He and many other Leaders before him, in France and throughout Europe, were … Read more

Bannon Drops NUKE… He’ll Be Next Target

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Stephen K. Bannon went on an epic rant explaining how traders known as the apes are in populist holy war against Wall Street. “This is not about economics, this is not about finance,” Bannon said on War Room, Monday. “This is about power.” Bannon reveals how Wall Street is trying to protect its corrupt system by … Read more

Producer Price Index Final Demand Hits All-time High Of 16.8% YoY! Consumer Purchasing Power Hits All-time Low

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by confoundedinterest17 Students, go to Fred and type in PPI Final Demand. Create a chart and choose Change From Year Ago. What you will find is that the PPI Final Demand is up 16.8% in May since the same month last year. Consumer purchasing power keeps declining since the creation of The Federal Reserve System in … Read more

Biden Administration hasn’t left damage control mode since they signed on.

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THERE HE GOES AGAIN: White House walks back Biden’s Russia cybercriminal swap comments. President Joe Biden reportedly gave an impressively off-the-cuff response to a reporter’s question at the G7 summit’s conclusion over the weekend. When asked yesterday about Russian President Vladimir Putin’s recent offer to swap respective countries’ cybercriminals, Uncle Joe said he was “open” to … Read more

Boris Johnson insists to Joe Biden that he already introduced the president of South Africa to a G7 meeting.

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Boris Johnson insists to Joe Biden that he already introduced the president of South Africa to a G7 meeting. Read the latest from the G7 here: https://t.co/LLt2KjJhOE pic.twitter.com/mjwKvbvDo6 — Sky News (@SkyNews) June 13, 2021 Walking disaster pic.twitter.com/psVp9AyROn — Jack Posobiec (@JackPosobiec) June 13, 2021 WATCH: America’s cognitively compromised President confuses Syria with Libya THREE … Read more

IRS Now Sending Millions More Additional Stimulus Checks

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The IRS said it is continuing to distribute federal stimulus checks to eligible Americans, with another 2.3 million payments issued on last week. Some of those payments include “plus-up” adjustments for people who received less money than they were entitled to in earlier checks. The latest round of payments is part of the Biden administration’s … Read more