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

Uber investors finally see the costs of treating drivers as employees, and the stock is falling. Uber sets aside $600 million for U.K. drivers as a result of court finding

https://www.marketwatch.com/story/uber-investors-finally-see-the-costs-of-treating-drivers-as-employees-and-the-stock-is-falling-11620265604 Uber Technologies Inc. has spent and fought to keep its drivers from becoming classified as employees instead of contractors, and investors finally got a glimpse of the financial reasons on Wednesday. Uber UBER, -3.42% broke out $600 million from its total revenue of $3.5 billion to account “for the resolution of historical claims in … Read more

Can’t find chicken wings, diapers, or a new car? Here’s a list of all the shortages hitting the reopening economy

What shortages are you seeing? Please add your location https://www.businessinsider.com/why-supply-shortages-economy-inventory-chips-lumber-cars-toilet-paper-2021-5#plastics-and-palm-oil-4 Short summary from article : Computer chips Used cars and rental cars Gasoline Plastics and palm oil Trucking Homes and vacation houses Lumber Household products like toilet paper and tampons Furniture Chicken Bacon and hot dogs Imported foods like cheese, coffee, and olive oil Chlorine … Read more

Fed chart: Distribution of large institutional leveraged loan volumes by debt to EBITDA ratio.

https://twitter.com/NorthmanTrader/status/1390642011972292608 "If the “data available” is not capturing the full scale of risks between the hedge funds and the mega banks and the broker dealers they own, then there is zero evidentiary support for the Fed to state that “Banks remain well capitalized.”https://t.co/GCXX9Z6QaY pic.twitter.com/JwjmvyFlZK — M/1_LP (@MI_Investments) May 7, 2021

Angry Parents Take Over School Board Meeting

https://www.youtube.com/watch?v=0qYVDmFmWfg I’m NOT against these parents. The problem here is that they have delivered their children into the hands of the state. The state has rules. One of those rules is that they require the wearing of the ritualistic shame muzzle. To lay the souls of your offspring on the government alter (as the state … Read more

WATCH: MOOCHZILLA Obama Claims That Black Lives Matter is ‘Taking to the Streets Because They Have To’

Former first lady Michelle Obama told Gayle King on Friday’s episode of “CBS This Morning” that Black Lives Matter is “taking to the streets because they have to.” Obama also claimed that she is afraid every time her daughters get into a vehicle. Following the conviction of Minneapolis Police officer Derek Chauvin over the death … Read more