Crude Oil About To Decline 50% Following Triple Top
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
“Like The Wild West”: Arizona Sheriff Says Biden Border Crisis ‘Worse Than Obama Years’
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…
Negative yields come to India, as RBI tries to put a leash on short sellers
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
WE SHUT DOWN THE WORLD FOR THIS?
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
Total Collapse Of Middle Class: American Living Cost Soar 400% But Wages Only Increase By 29%
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
Peak in Yields Is Close
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
Biden’s tax hike on ‘big business’ will actually slap workers in the face
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
Tesla building a giant battery bank to stabilize grid power in Angleton, South of Houston.
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
DEMOCRATS WILL HIDE THEIR FACES IN SHAME After Hearing What Nancy Pelosi Admitted To – Truth Can’t Stay Hidden For Too Long
It was all part of her political games… h/t Cool sounds
VP Harris’ pot-smoking past draws scrutiny after WH purge
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
Google CFO discusses potential global minimum tax for corporations
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
Taliban expect US withdrawal in May; vow to restore Islamic rule..as the us spent blood and treasure for 20 years…
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
THOMAS FRANK: Liberals want to blame rightwing ‘misinformation’ for our problems. Get real.
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
Why investors should consider not buying Tesla on the dip
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.