Jordan Roy-Byrne: Worse Than a Stock Market Crash…

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The Daily Gold, Released on 4/27/21 An inflationary bear market that persists for a decade is worse than a stock market crash. The 1968-1982 period was actually worse for the 60/40 portfolio than the 1929-1942 period. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher … Read more

Recent corporate executive comments on inflation

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The house of cards collapses the second they admit inflation is – obviously – well above 2%   Procter & Gamble “The commodity cost challenges we face this year will, obviously, be larger next fiscal year. We will offset a portion of this impact with price increases. Our Baby Care, Feminine Care, and Adult Incontinence … Read more

World historic transition: China is on brink of reporting first population decline since Mao’s Great Leap Forward Famine of the late 1950s.

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World historic transition: China is on brink of reporting first population decline since Mao’s Great Leap Forward Famine of the late 1950s. Population just < 1.4 billion reported for 2019. Time to put a big notch in the collective timeline of humanity. https://t.co/uXL77bXizh pic.twitter.com/IBC0SUXJwS — Adam Tooze (@adam_tooze) April 28, 2021

FED repo injections are increasing again… SPX/VIX ratio getting closer to break out

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FED repo injections are increasing again h/t @WalterFRSA pic.twitter.com/NV3piiBoW9 — Alessio (@AlessioTMAD) April 28, 2021 https://twitter.com/farrisbaba/status/1387376668440940546 Here's what seems to be a bet that inflation has already been priced into the bond market: Schwab's $16.7 billion TIPS ETF saw its biggest one-day withdrawal yesterday, of $883 million. pic.twitter.com/xgYV33Riwo — Lisa Abramowicz (@lisaabramowicz1) April 28, 2021 … Read more

Musk names himself the ‘Dogefather’

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ELON Musk has named himself the ‘Dogefather’ ahead of his appearance on SNL, in a tweet which appears to have sent the cryptocurrency soaring. The price of dogecoin shot up from $0.25 to $0.30 in less than 15 minutes after Musk posted a cryptic tweet reading: ‘The Dogefather” “SNL May 8” The spike came after a price … Read more

Pelosi Is Only Allowing 200 People to Attend Biden Speech, Most Republicans Shunned – Don’t Want Loud Noises to Trigger Joe’s Dement

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Speaker Nancy Pelosi only invited 200 individuals to Joe Biden’s speech to a limited joint session of Congress tonight. The chamber holds 1,600 individuals. Only 200 will be allowed in. During the last sham impeachment of Donald Trump at least 300 individuals were allowed into the House chamber to vote to impeach President Trump. This … Read more

France lurching to civil war as Macron threatens to punish soldiers calling for coup

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EMMANUEL MACRON has threatened to punish active soldiers that backed calls by 25 retired generals for a military takeover to halt France’s “disintegration” at the hands of Islamists. The Generals suggested that if nothing is done to respond to their concerns, there would be a sudden “explosion” and need for a military coup to topple … Read more

Republicans join Democrats to push warrantless federal gun confiscation

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Another great reason why we need to dump the duopoly and vote libertarian. Senator Marco Rubio (R-FL) has introduced S.292 — Extreme Risk Protection Order and Violence Prevention Act of 2021, and he has garnered support from the gun-grabbing Democrats and Republicans alike. On Wednesday, this latest Red Flag gun confiscation bill, gets a hearing … Read more

Bank Stocks Soar As Fed Stimulus Continues (Deutsche Bank Posts Tremendous Fixed-income Revenue Growth)

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by confoundedinterest17 KBW Bank Index (a modified cap-weighted index consisting of 24 exchange-listed National Market System stocks, representing national money center banks and leading regional institutions) rose to a record high .. with near-zero Fed Funds Target Rates. And seemingly endless asset purchases by The Federal Reserve. Deutsche Bank’s fixed-income trading revenue growth is second behind Morgan … Read more

Are Technicals Pointing to New Gold Rally?

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by: Stefan Gleason Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now. Many traders, investors, and momentum players will closely examine the market trend to determine if and when to enter or exit the market. A market with a strong … Read more

America’s Ruling Elite Problem

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By Chris Black There’s an old saying that goes something along the lines of: “if you can’t beat them, join them”.  One interpretation might be not that if you think that you’re losing to your opponent, that you go and join your opponent, but rather you start using the same tactics that your opponent is … Read more

New And Existing Home Sales: Fact vs Spin

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by Dave Kranzler of Investment Research Dynamics Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for struggling existing home sales is three-fold. First and most obvious is rising mortgage rates. If … Read more