RETAIL TRADERS AND REDDIT RATTLE WALL STREET

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by Chris Vermeulen of The Technical Traders The big news has been GameStop’s incredible rally from price levels below $10 to an incredibly high price peak near $483.  The ability of retail traders to pull small accounts and actively target heavily shorted stocks, pushing short-sellers into a “short squeeze” has everyone talking about it.  Many people are calling … Read more

Tik-Tok… Beware of a Bond Bomb

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by Marin Katusa via International Man A bull market can make an average or even rookie investor feel smarter than a Wall Street or Bay Street vet. First time investors are throwing darts at a board blindfolded and coming up with big winners. They’re putting their “Stimmy’s” (stimulus checks) to work in Robinhood—getting free stock for … Read more

CDC orders mandatory masks on airlines, trains and public transportation

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The Centers for Disease Control and Prevention is mandating for the first time that passengers must use masks on airlines, trains, taxis and other public transportation. Failure to wear a mask will be considered a federal offense, giving transportation companies extra leverage to enforce mask mandates they’ve already had for months. RThe sweeping CDC mandate was issued late Friday and … Read more

HAPPENING: NY JUDGE OVERTURNS HOUSE ELECTION RESULTS IN FAVOR OF GOP

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Breakdown from DelConte off the bat: -1,118 initial challenges-533 withdrawn during hearing by campaigns -3 not preserved for judicial review-43 challenges resolved by campaigns Leaving 609 remaining challenges RULING: Judge affirms 470 rulings and overrules 139 #NY22 — Tommy Sladek (@TommySladek) January 29, 2021 REMINDER: Final canvassing will be conducted this coming Monday starting at … Read more

DOJ Arrest records about Storming the Capitol

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by publius-varus A trove of documents released by the Department of Justice reveals that their investigations leading to arrests in the Capitol riot focused almost entirely on big tech platforms such as Facebook, Twitter and YouTube, with little to no mentions of Parler. A stunning (to some) revelation that exposes the Left’s claim that Parler was … Read more

China rejects plan to give millions of UK passports to Hong Kong citizens

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China has announced that it will not recognise the British National Overseas passport as a valid travel document, fuelling a row with London over plans to grant UK citizenship to millions of Hong Kong residents. The announcement by Chinese Foreign Ministry spokesperson Zhao Lijian on Friday creates confusion around the plan, just hours after London … Read more

First GameStop, Next…Silver?

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Something in the financial Universe just broke… In tonight’s must-watch update, Jeff Clark relays many of your questions from today including: “Mike, what’s your reaction to the Reddit community taking on silver and driving the price higher?”, “Do you see this rise in price as sustainable?”, and “What are the advantages and disadvantages of what’s … Read more

Record Bullion Sales Creating Shortages

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James Anderson on Palisades Gold Radio Tom welcomes back James Anderson from SD Bullion. James discusses the above-average volume of gold that moved into the US last year. The Comex has delivered a considerable amount, but he remains skeptical of their reserve claims. SLV has had some enormous single-day inflows of silver, and he suspects JP Morgan … Read more

Rent “Inflation” Plunges To 2.2% YoY While Core PCE YoY Prints At 1.45% (Taylor Rule Rudebusch Now At 1.45%)

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by confoundedinterest17 US equivalent rent of residences continues to fall like a paralyzed falcon to 2.2% YoY. Today’s report on PCE YoY printed at 1.45%. And the Taylor Rule (Rudebusch) based on a 1.45% Core PCE reading is …1.45%! IF Powell & Co pay attention to this specification of the Taylor Rule (they haven’t in the … Read more