Bitcoin headed toward worst month in a decade… SEC sues cryptocurrency promoters over $2 billion scheme

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Bitcoin prices are headed for their worst month since 2011 — and one prominent investor says that’s “great news.” “Bitcoin crashing. Great news,” tweeted “Rich Dad, Poor Dad” author Robert Kiyosaki on Sunday, saying it provides a good buying opportunity. “When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. … Read more

The IRS wants “reliable” tools to crack crypto wallets

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by: Franz Walker (Natural News) The Internal Revenue Service (IRS) wants access to tools that can crack crypto wallets of erstwhile digital tax evaders. The IRS’s Criminal Division Forensics Unit released a request for information (RFI) looking for “reliable” tools and processes to crack the crypto wallets used by many to store their cryptocurrency fortunes. “Though a few known cyber penetration … Read more

Civil war in Mexico as cartel members begin to kill elite police force members in their homes! Over 260 cops killed!

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MEXICO CITY (AP) — The notoriously violent Jalisco cartel has responded to Mexico’s “hugs, not bullets” policy with a policy of its own: The cartel kidnapped several members of an elite police force in the state of Guanajuato, tortured them to obtain names and addresses of fellow officers and is now hunting down and killing … Read more

China Announces Three-Child Policy

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China announced on Monday that each couple would be permitted to have up to three children, a major policy shift from the existing limit of two children after recent data showed a dramatic decline in births in the world’s most populous country. Early this month, China’s once-in-a-decade census showed that the population grew at its … Read more

Max Keiser: Dumb money is the new smart money … Willem Middelkoop: Currency debasement can’t be ignored any longer … Rick Rule: Big gold miners will have to buy the juniors …

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BY JOHN RUBINO Max Keiser: Dumb money is the new smart money … Willem Middelkoop: Currency debasement can’t be ignored any longer … Rick Rule: Big gold miners will have to buy the juniors … Alasdair Macleod: Basel III will end gold market manipulation … George Gammon: A new repo market crisis is coming …

The Upper Income Class Spending Boom

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by UPFINA We are on the eve of the May BLS labor report which should show job creation rebounded following the much weaker than expected reading in April. This will come right before the Fed’s June meeting. It probably won’t impact the Fed’s guidance unless it misses or beats estimates by a lot. Everything supports the … Read more

No inflation? Family pack of ribeye at Wegmans has risen from $9 plus change to over $15 in about a year.

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Family pack of ribeye at Wegmans has risen from $9 plus change to over $15 in about a year. People should ask the @federalreserve to flesh out their theories of inflation being contained by asking, "Where's the beef?" — Dave Collum (@DavidBCollum) May 30, 2021 No inflation? Meat on top was purchased (and frozen) in … Read more

THE ENTIRE CRYPTO MARKET ON THE PRECIPICE OF DISASTER

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THE ENTIRE CRYPTO MARKET ON THE PRECIPICE OF DISASTER; MORNING IN BEIJING LOOMS * — The_Real_Fly (@The_Real_Fly) May 30, 2021 ugly chart pic.twitter.com/MbMLlpSjHB — Matt Barrie (@matt_barrie) May 30, 2021 #Crypto markets are selling during thin volume trade over the weekend again. Expect this to continue for the next 24 hours then dip buyers step … Read more

“Rather than putting the debt on a stable and then downward path, the President’s budget would blow past the prior record and increase debt levels to 117% of GDP by 2031.

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"Rather than putting the debt on a stable and then downward path, the President’s budget would blow past the prior record and increase debt levels to 117% of GDP by 2031. The national debt is on an unsustainable path and headed to uncharted territory".https://t.co/9PR6EmatsS pic.twitter.com/UfBJonRcl2 — Daniel Lacalle (@dlacalle_IA) May 30, 2021 Biden's budget plan. … Read more

What if the the spike in the usage of the reverse repo is actually a sign that the US #economy is reaching ‘debt saturation’?

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What if the the spike in the usage of the reverse repo is actually a sign that the US #economy is reaching 'debt saturation'? This would effectively spell the end of QE. 🥶🥶@kansikas_lauri @bondstrategist @farrisbaba @DiMartinoBooth @KellyCNBC #Fed https://t.co/ixbhIYTT0x — Tuomas Malinen (@mtmalinen) May 29, 2021 The Fed has been aggressively buying MBS (mortgage backed … Read more

Largest “Organic Food” Fraud In American History! Missouri Man Sentenced for Role In Massive Scheme

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https://www.youtube.com/watch?v=rUQ2_lYsaFM A north Missouri businessman who was involved in the largest organic fraud scheme in American history has been sentenced to probation and fined. According to KTTN, federal prosecutors in Cedar Rapids, Iowa, sentenced Steven Whiteside of Chilicothe to three years probation and a fine of 45-thousand dollars.- Learn More: https://www.zerohedge.com/commodities…