by Kimble Charting Is the stage set for Crude Oil to experience a decline of at least 50%? Possible This chart looks at Crude Oil on a monthly basis over the past 20-years. Crude oil created a Triple top over a 2-year period (2012 -2014), then selling pressure drove it down nearly 70% in the next two years. Crude … Read more
https://www.youtube.com/watch?v=lpRqRN7_i6M An Arizona sheriff says that President Bidens border crisis is worse than the Obama years, as the surge in illegal immigrants hits a 20-year-high, according to the Department of Homeland Security.- Learn More: https://www.zerohedge.com/political/w…
The ongoing tussle between the Reserve Bank of India (RBI) and government bond traders has seen a fresh twist. In a historic first for the Indian bond market, the central bank on Friday enabled quotes for negative yields on government securities in the negotiated dealing system – order matching (NDS-OM) to choke short sellers in … Read more
by Jim Quinn What have we become? This flu doesn’t rise to the level of a pandemic. The past year has been a pandemic of idiocy, fear mongering, government incompetence, and listening to pompous assholes like Fauci and Gates. Even the .03% is fake. Only 6% of all the deaths can actually be soley attributed … Read more
https://www.youtube.com/watch?v=P9AFvjGMXYw Speculative bubbles are pushing the U.S. middle-class to the brink of financial ruin, as the cost of living continues to soar, wages have been on a persistent downfall, and debt just keeps on accumulating throughout the current economic recession. Over the past year, more than 8 million middle-class workers have fallen straight into poverty, … Read more
by David Brady via Sprott Money When it comes to FOMC meetings, I always say “Don’t trust the first move” immediately after the announcement and the follow-up press conference. Yesterday was no different. The initial response to the announcement was that the Fed was “uber dovish.” Bond yields eased back from their peaks earlier in the day, the … Read more
President Biden was elected on a promise that he would not raise taxes on people earning less than $400,000. The administration’s recently announced tax hike on “big business” will break this promise in practice, if not under the letter of the law. Remember, there’s a difference between who owes a tax and who actually bears … Read more
https://www.aljazeera.com/economy/2021/3/8/elon-musks-tesla-building-giant-battery-to-plug-into-texas-gri https://arstechnica.com/science/2021/03/report-tesla-is-secretly-building-a-giant-100-mw-battery-in-texas/ https://abc13.com/tesla-batteries-battery-storage-facility-angleton-location-texas-power-grid/10407112/#:~:text=Electric%20carmaker%20and%20energy%20company,Street%20and%20Murray%20Ranch%20Road. 7 acre site packed with LION batteries. 100 MW capacity. (It would have been more useful if they stated the watt-hours of energy it can hold). Just a drop in the bucket compared to the actual power used in the region. Seems pointless but mildly interesting. A super high voltage DC power … Read more
It was all part of her political games… h/t Cool sounds
The White House revealed that a handful of staffers were let go over past pot use, even though Vice President Kamala Harris has publicly admitted to smoking weed in college. Then-senator Harris, who was also a 2020 presidential candidate, supported legalizing marijuana at the federal level in 2019, saying that she smoked pot in college during an interview with a radio … Read more
Alphabet CFO Ruth Porat joins ‘Influencers with Andy Serwer’ to discuss the possibility of a global minimum corporate tax and what it would mean for Google
MOSCOW — The Taliban warned Washington on Friday against defying a May 1 deadline for the withdrawal of American and NATO troops from Afghanistan, promising a “reaction,” which could mean increased attacks by the insurgent group. The Taliban issued their warning at a press conference in Moscow, the day after meeting with senior Afghan government negotiators and international … Read more
via theguardian: These days Democratic politicians lean on anyone with power over platforms to shut down the propaganda of the right. Former Democratic officials pen op-eds calling on us to get over free speech. Journalists fantasize about how easily and painlessly Silicon Valley might monitor and root out objectionable speech. In a recent HBO documentary on … Read more
Yahoo Finance’s Jared Blikre and IBD Multimedia Content Editor Alissa Coram discuss Tesla’s drop in price and why it may be worth considering skipping purchase of the stock.
From Birch Gold Group Is the market going insane? Is an enormous “everything bubble” – inflated with cash flowing into overvalued investments – headed for a historic explosion? Is the market in a “mania” phase right now? With every passing day, it’s getting more challenging to answer “no” to any of these questions. “Hyper-speculative,” “blindly courageous” stock market … Read more
by Charles Hugh-Smith Oops. Looks like the Fed’s magic (and our luck) have finally run out. Now that we’re teetering on the edge of the cliff, it might be a good idea to retrace how we stumbled down to this crumbling, precarious ledge. As I’ve discussed for the past 15 years, there are a handful of … Read more
