by John Mauldin Before the coronavirus pandemic I expected the US would hit the debt wall in the late 2020s. Now, the debt is growing even faster and we will hit that wall a lot sooner. What happens when we come to the place where we have to deal with all that debt? Fortunately, my favorite central banker, Bill White … Read more
by Gary Savage of Smart Money Tracker Gold the bottom is near
Daniel Lacalle – YouTube, Released on 12/1/20 Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty … Read more
Wall St. For Main St., Released on 12/1/20 Wall Street banks say that subzero yields are good for selling even more corporate bonds and corporate credit? https://www.marketwatch.com/story/neg… WAIT WHAT??? Only a few weeks ago, Jason explained the entire Wall Street bank bond selling scheme that is back after the Fed unfroze credit markets in March and … Read more
by John Mauldin In 2010, the scientific journal Nature published a collection of opinions looking ahead 10 years, i.e., where we are right now. Nature then published a short response from zoologist Peter Turchin in its February 2010 issue. Quantitative historical analysis reveals that complex human societies are affected by recurrent — and predictable — waves of political instability (P. Turchin and S. … Read more
We have three whistleblowers who will reveal substantial evidence of unlawful actions made by election officials; and widespread illegal efforts by USPS workers to influence the outcome of the election. 2PM EST TODAY pic.twitter.com/VWUD593a1v — Phillip Kline (@PhillDKline) December 1, 2020 h/t Limpan
Right now, Barr DOJ protecting Hillary Clinton directly and trying to shutdown all @JudicialWatch Clinton email discovery and suits, holding up release of Obamagate emails/texts of Page/Strzok/McCabe. Outrageous. @RealDonaldTrump should issue an emergency transparency order. — Tom Fitton (@TomFitton) December 1, 2020
Steve St Angelo on Palisades Radio Tom welcomes a new guest to the show, Steve St. Angelo from the SRSrocco Report. Steve says, “You don’t have an economy unless your burning energy. Today, we take energy for granted.” For thousands of years, gold and silver represented that energy store. Steve discusses his video “The Energy Cliff,” which … Read more
Independent behavior in the investment world is rare – even among professionals. See how money managers participate in “crowd behavior” like most everyone else. Take a look at these two informative charts.
by confoundedinterest17 (Bloomberg) — Common shares of Fannie Mae and Freddie Mac pared double-digit percentage losses in Tuesday trading as Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell discussed the government’s control over the mortgage giants. Powell and Mnuchin testified before the Senate Banking Committee In response to a question from South Dakota Republican Mike Rounds on when the government can … Read more
The WH unveiled this years Christmas decorations. America the Beautiful h/t Spritzer
Attorney General William Barr said U.S. attorneys and FBI agents have been working to follow up specific complaints about the election, but they’ve uncovered no evidence that would change the outcome. — The Associated Press (@AP) December 1, 2020 https://twitter.com/VMontacue/status/1333863719072395267 AC
Just as AG Barr is spotted entering the White House, Giuliani & the Trump campaign release this statement 👀 pic.twitter.com/HFewXwsyxW — Gabby Orr (@GabbyOrr_) December 1, 2020
.@JanetYellen says she’ll use the Treasury Dept. to address racial inequality, “gender disparities,” and “the climate crisis” pic.twitter.com/gR95ssdUVH — Tom Elliott (@tomselliott) December 1, 2020 and i thought central banks weren’t into central planning AC
Far too often, people buy car insurance without first reading reviews. As a result, many of them end up with inadequate coverage and at a premium much higher than they should pay. Unfortunately, some individuals don’t realize their mistake until after they’ve been in a car accident, and by then, it’s too late. When it … Read more
US Billionaires Gained $1 Trillion Since The Pandemic Started, As Middle Class Loses Everything! #Breaking #News #Update https://t.co/biccvZxrKG — Dahboo7 🎙 (@dahboo7) December 1, 2020
https://twitter.com/GinkoHoz/status/1333858137829412864 Implied Volatility indices green pic.twitter.com/re1I0TEszt — Sunchartist (@sunchartist) December 1, 2020
This is an astonishing chart by Deutsche Bank. The surge in #debt-to-#GDP level between Q4 2019 and Q3 2020 is just unprecedented. pic.twitter.com/NkgLs5lhqL — jeroen blokland (@jsblokland) December 1, 2020 Stimulus: You get $1,000The country gets $1T in new debt 😉 pic.twitter.com/d5PqIv2JTo — Reminiscences of an American Capitalist (@4Awesometweet) December 1, 2020
by Przemyslaw Radomski via Sunshine Profits As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish Percent Index ($BPGDM) once again provides us with some … Read more
by Jason Burack of Wall St For Main St In under 18 months (barely 12 months) Saudi Aramco (a small portion of shares went IPO in 2019) has added $20 billion in debt to its balance sheet. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content … Read more