Jackson Hole: big dollar moves expected; sell gold now or hold? – Gary Wagner

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Kitco News, Released on 8/24/20 The annual Jackson Hole Symposium, a gathering of central bankers, economists, and financial institutions, will see its first ever virtual conference this week, and will likely set the tone for further U.S. dollar depreciation, said Gary Wagner, editor of TheGoldForecast.com. “When you’ve got all of the major central banks getting … Read more

Economists see chance of a double-dip recession… White-collar workers feel squeeze… Govt debt at WWII levels…

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Economists see chance of a double-dip recession… Eighty percent of economists surveyed by NABE said they see a 1-in-4 chance of a double-dip recession. The survey, by the National Association of Business Economists, also gave Congress a mixed review when considering its fiscal stimulus effort, but the Fed got the best grade since 2007 for … Read more

Portland businesses fleeing downtown offices due to nightly BLM riots

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by DCG The City of Portland is on day 80-something of demorat-approved nightly chaos: Rioting, looting, burning buildings and people being injured. It’s a dangerous place for residents to visit. Apparently some businesses have had enough and are packing up and leaving. From NY Post: “Large companies are fleeing offices in downtown Portland — because nightly Black Lives Matter … Read more

Democrats and Republicans are chipping in money and signing petition to get rid of Nancy Pelosi! Dems in congress fed up!

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People are sick of Pelosi. Mitch McConnell released a statement last night that all she cares about is getting fake votes from the post office so she can get re elected. Despite over 400 members of Democratic congress from the House and Senate begging her to do a stand alone bill for unemployment insurance and … Read more

The 4% Rule Is Dead. What Should Retirees Do Now?

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by Lance Roberts The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their assets and take out 4% each year. However, a little more than 20-years later, the “death of the withdrawal rate” has … Read more

Chris Martenson: Avoid the trap the system is setting to imprison you

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by Chris Martenson Millions of people are about to enter a financial purgatory, becoming little more than modern-day slaves. While they’ll be reported by the media as those “evicted” or “foreclosed on”, if we define a slave as someone forced to work for another by existing legal circumstances or approved cultural norms, then that’s exactly … Read more

When Will The Prosecution Of JP Morgan Gold Spoofer John Edmonds Ever Get Somewhere?

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Market analyst Jim Kim wonders aloud about the federal prosecution of former JPMorganChase gold and silver futures trader John Edmonds, who ages ago pleaded guilty to spoofing those markets and was cooperating with the prosecution in providing evidence against his superiors. But his … Read more

CNN editing videos to make Donald Trump more Orange.

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I found this funny. Somehow I ended up on CNN and noticed that Donald Trump looked a lot more “Orange” than normal. I decided to check some other channels and sure enough he was Umpa Lumpa orange on CNN. These people really are sick, funny but sick. https://www.youtube.com/watch?v=dvi-MX0VOsQ CNN Link https://www.youtube.com/watch?v=ZpTNeMSTv7Q Fox News https://www.youtube.com/watch?v=-d2D5NfnUNs MSNBC link https://youtu.be/XKPJ7ZtL74o CBS link … Read more

California liberal looters snatch firefighter’s wallet, drain bank account during massive fire

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Watch the latest video at foxnews.com A California fire commander had his wallet stolen and bank account drained over the weekend while helping to combat the massive CZU Lightning Complex Fire, according to a report. Looters invading an evacuation zone established in the Santa Cruz Mountains area in Northern California were blamed for the crime, said officials with Cal Fire (California … Read more

Video: The BLM movement is already turning on their Mayor in Chicago

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.#BlackLivesMatter activist in Chicago: “We have demands and they need to be met … we’re not asking you anything. We’re telling you what’s about to happen with your permission or not. … You can listen to us or you can get ran over.” pic.twitter.com/yEXFT4LOv9 — Tom Elliott (@tomselliott) August 22, 2020 https://tweetsave.com/tomselliott/status/1297131110674182144 https://nitter.net/tomselliott/status/1297131110674182144?s=20