Let’s be clear who they are really taking care of.

https://twitter.com/NorthmanTrader/status/1390743210801176576 There's going to be a lot of inflationary soul searching this weekend. Monday is going to be interesting. — John Tuld (@BradHuston) May 7, 2021 still no senate hearing on hyperinflating lumber prices pic.twitter.com/zI0urtphOc — Alastair (@StockBoardAsset) May 7, 2021 A trend will continue until it forces a change of behavior. So, how high … Read more

More INSANE Policies From ECB & EU Banks: No More Cash Deposits & Higher Inflation Targets?

Over the last few months private bankers in the EU in Germany at Deutsche Bank and Commerzbank are turning customers away who want to deposit cash? Banks in Germany Tell Customers to Take Deposits Elsewhere https://www.wsj.com/articles/banks-in-germany-tell-customers-to-take-deposits-elsewhere-11614594601 And then central bankers at the European Central Bank (ECB) want a higher inflation target with an increase in … Read more

Unemployment Canceled, Inflation is Here

Greg Hunter gives the Weekly News Wrap-Up for Friday, May 7, 2021 Montana is the first state to cancel unemployment benefits.  It is in response to the very tight labor market as the economy opens back up to an unprecedented worker shortage.  16 million people are still on some form of unemployment at the state or federal … Read more

Roaring Twenties: Stocks Hit Another Record Despite Trouble Brewing in the Labor Market… East Bay Houses Are Selling For More Than $1M Over Asking Price

It may take more than a much-weaker-than-expected April jobs report to kill the U.S. stock market rally, analysts said, though the popular reflation trade — bets that stocks more sensitive to the economic cycle will outperform their peers — saw a modest setback on Friday. “The market is rallying as the disappointment leaves the door … Read more

Joe Biden: The Smart Thing to Do is Import Over 62,000 Refugees During a Pandemic

WASHINGTON – The Biden administration said Monday that it would allow 62,500 refugees to resettle in the United States this year, reversing course after the White House initially said it would keep a historically low Trump-era limit on those fleeing war, violence and persecution. President Joe Biden made the announcement weeks after he sparked a political uproar from human rights groups … Read more

Gold Pops as April Jobs Report Disappoints

by: Stefan Gleason Yesterday’s release of the April Non-Farm Payrolls report fueled a new gold rally. The yellow metal gained over $20 per ounce on the news. The jobs report was a major piece of economic data-possibly the most important of the month. Expectations were high-consensus estimates were looking for an additional 1 million jobs … Read more

Columbians without internet, cell, and in extreme lockdown whilst all hell is breaking loose…

Severe In the state of Columbia the fascist government has killed more then 19 protestors. Many of these protestors are people are fighting for there lives to make Columbia a country worth living in midst this violence. Solidarity to the brave people of Colombia https://t.co/y8Xj331nzn — Henry Ouzounyan 🌹🇦🇲🇵🇸🇾🇪 (@anubishouse223) May 5, 2021     … Read more