On absolute fire. Precious metals miners just had their best quarter ever! 44% over the S&P 500. 33% over Nasdaq.51% over Gold.22% over Bitcoin. What a quarter. Only the beginning. pic.twitter.com/nww3BklJbd — Otavio (Tavi) Costa (@TaviCosta) July 1, 2020 This …
by Charles Hugh-Smith Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by the collapse of the bubbles won’t be evenly distributed, either. We’ve reached an interesting juncture in history, and I don’t mean …
https://www.youtube.com/watch?v=tv2-KifcF9A The [DS] 16 year plan has failed, they are no pushing everything they have but the people are now seeing through their propaganda. Slowly the people are being united, the Silent Majority will not be silent for much longer. …
To mark this moment in the history of insane stock prices where a tiny automaker with a global market share of 0.5% and a big loss in 2019 became the most valuable automaker in the world. By Wolf Richter for WOLF STREET. Shares …
Rents in San Francisco are still crazy-overpriced. By Wolf Richter for WOLF STREET. There are now at least three factors that have plowed into the US housing market – and the rental market is reacting in near-real time to them: The unicorn-startup bust …
https://www.sfchronicle.com/business/article/Uber-and-Lyft-say-regulator-can-t-make-drivers-15380707.php Uber and Lyft may be headed for a showdown with the California agency that regulates them. The San Francisco ride-hailing companies, along with two smaller ride services for children called HopSkipDrive and Zum, on Tuesday filed papers challenging the …
An #LA cop has been filmed trying to pepper spray a driver accused of speeding – only for his attempt to end in embarrassing failure. In a follow-up video, driver #JoshSude says he got out of the car when the …
As many as 6.7 million rent-burdened households could face eviction once enhanced federal unemployment insurance expires at the end of July and eviction bans across the country lift, according to a new analysis from UrbanFootprint, a tech company that makes urban planning software. “This …
by northmantrader Onto the dog days of summer. The first half of 2020 has been intense for all involved and the second half looks to be intense as well. Stepping back from the daily noise of headlines it may serve useful …
When Fed loses its jawboning power this market will collapse like a house of cards. Until then, ride the bubble wave $SPY $SPX $NDX — hks55 (@hks55) July 1, 2020 Wow. Nasdaq is up 1% while semis (SOX) down 1%. …
The oil crash is in progress but people can’t see it coming. With trillions of dollars of debt and low demand, it will be nearly impossible for the petrodollar system to recover. Henry Kissinger, the architect of current U.S. foreign …
by DCG Here we go again? Apparently there is another potential flu virus with “pandemic potential” coming from the Chicoms. From BBC: “A new strain of flu that has the potential to become a pandemic has been identified in China by …
by Frank Holmes, CEO, U.S. Global Investors As you may have already heard, the European Union (EU) just released its list of 15 countries that are permitted to visit the 27-country bloc starting today, and the U.S. was not among …
By Tsvetana Paraskova The coronavirus pandemic and the oil price collapse are accelerating the pace of bankruptcy filings in the U.S. shale patch this year. The number of filings had already started to trend up in 2019 after a drop …
HE’S RIGHT ABOUT A LOT: Rand Paul Is Right About Experts. The Internet is having a bit of fun with Rand Paul’s claim during a Tuesday Senate committee hearing that “We shouldn’t presume that a group of experts somehow knows what’s …
Update: City Councilman Jose Huizar was accused of accepting more than $1.5 million in bribes and other benefits to approve or stall large building projects and shape the Los Angeles development landscape, prosecutors said on June 23. Story: https://ktla.com/news/local-news/l-a-…
The time has come to leave big cities forever. Aw, the suburbs. They’re so charming, aren’t they? Where people might know your name, and you can sorta park your car and not have to deal with crap. In case you …
Today Lynette illustrates a clear picture of what it will look like when money becomes worthless…which is exactly where we’re headed. There are hundreds of examples throughout history (and also some very recent ones) which all point to exactly where …
Via International Man International Man: While many have been distracted by the unrest in the US, tensions with China are soaring. Recently, Beijing passed a national security law that would undermine Hong Kong’s autonomy. What comes next for US-China relations? …
TradersChoice.net, Released on 7/1/20 “This is all about CONTROL.” Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like …
Carry Permit Demand Skyrockets in Illinois. The Chicago Tribune reported last week that, “…more than 40,000 Illinoisans applied for a gun permit in a little more than two weeks this month, more than 500% over this time last year, according to Illinois State Police.” Applications for …
https://twitter.com/TokyoZooms/status/1278231883340447745
Protest Outside Police Precinct in CHOP h/t CrsCrpr
The reason why people go into politics is to fatten their pockets with tax paying money. It’s shameful. DW
by sundance In case you might have missed the latest faux-controversy assigned by political operatives to the media narrative engineers, the issue surrounds leaked sketchy intelligence reports, to the New York Times, claiming Russians were willing to pay Taliban members to kill …
The coronavirus pandemic in the US claimed at least 122,000 more lives than would be expected in a normal year, for a rise of 18 percent, says a study released Wednesday. But this is just a national average, and the …
