Is Headline CPI Inflation “Fake News”?

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by Frank Holmes, CEO, U.S. Global Investors The Federal Reserve just tweaked how it thinks about inflation, and this could have a huge impact on gold and gold mining stocks. Speaking at Jackson Hole last week, Fed Chair Jerome Powell unveiled an adjustment in U.S. monetary policy that would allow inflation to average 2 percent over a … Read more

Rationalization: Low Rates Justify High Valuations

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by Lance Roberts The “rationalization” that low rates justify high valuations is but one of several arguments used to justify overpaying for value in a late-stage bull market. As discussed previously, one of the “bullish spins” for the market has been that “earnings are cheap” based on 2- and even 3-year forward estimates. As noted in “Is … Read more

China’s mega banks lost billions of dollars in profit as bad loans rise during coronavirus pandemic

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https://www.cnbc.com/2020/08/31/profit-declines-for-chinas-big-banks-in-first-half-of-2020-due-to-bad-loans-during-coronavirus.html Chinese banks, among the world’s largest by assets, have been placed at the front line of government effort to soften the economic blow on households and businesses. As a result, the five largest Chinese banks posted at least 10% year-on-year declines in profit for the first half of 2020 as they set aside more … Read more

This is civil war now. Democrats are fine with conservatives being murdered for wearing a hat they don’t like – James Woods

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This just starts with Trump. This will be extended to any republican voter. And then to anyone who won’t take a knee. And then to Catholics. They want to the defund the police so they can have their own justice and can silence the ones not aligned. True fascism — Dadah Umpah (@UmpahDadah) August 30, … Read more

Breaking explosions – in Dubai and Abu Dhabi – possibly 4 killed – restaurants targeted – first ever flight from Israel arrives today

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3 people were killed and several others were injured today in two separate explosions in the #UnitedArabEmirates’ capital #AbuDhabi (the @kfc and @Hardees restaurants ) and its tourism hub #Dubai ! — Tamer Yazar (@tameryazar) August 31, 2020 https://gulfnews.com/uae/fire-in-dubai-restaurant-one-person-dies-1.73537308 1.Explosion in Dubai 2. Explosion in Abu Dhabi 3. Explosion fire Dubai As EL AL flight … Read more

Suspected Murderer of Trump Supporter in Portland Turned Into Police by His Sister

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Reinoehl’s 36-year-old sister said she was awakened just before 8 a.m. Sunday by a threatening phone call from someone who told her that “our whole family was in danger unless we turned him over.” “That’s how I found out,” that her brother was allegedly involved, she told The Oregonian/OregonLive. She called Sandy police to report … Read more

Hedge Funds Start Piling Into “The Big Short 3.0”

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https://www.youtube.com/watch?v=JNGuUvUky6Q A very evident sign that an economic collapse is coming is the happening of the Big Short. With hundreds of bankruptcies happening in the retail sector, malls are in jeopardy. But you might be wondering: How malls are going to interfere with the downfall of the economy, in the worst economic collapse the world … Read more

MUST SEE: Mitch McConnell Comes in CLUTCH during RNC Speech – Previews What’s at Stake in November

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https://www.youtube.com/watch?v=uev0z1zVThE Reagan McCarthy from Townhall reports, The fourth and final night of the Republican National Convention (RNC) featured one of the GOP’s most talented legislators, Senate Majority Leader Mitch McConnell (R-KY). Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/reaganm…

Much Worse Is Coming

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by Michael Snyder It has been heartbreaking to watch what has been transpiring on the streets of America in recent months.  Our founders intended for us to be united by a common set of values, but now our differences are literally tearing our nation to pieces.  Americans are fighting other Americans in the streets, and … Read more

Who could have seen this coming

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https://twitter.com/QTRResearch/status/1300230349260193792 Wow, 192819291932193319862000 had great Augusts too! Anything bad happen around those years? 🤔 pic.twitter.com/GyVlKFrBWm — Win Smart, CFA (@WinfieldSmart) August 30, 2020 https://twitter.com/GreekFire23/status/1299076170445660161 Bubbles pic.twitter.com/q3gt7HpbGF — zerohedge (@zerohedge) August 30, 2020 In Q2, US banks posted the lowest lending margin in records going back to 1984. The average net interest margin shrank to 2.81% … Read more

What the Mainstream Financial Media Won’t Tell You About How to Invest in These Volatile Times

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Via International Man International Man: What is your approach to investing, and how does it differ from others? Chris MacIntosh: Firstly, when I look at things, it’s typically undervalued. It’s the old adage: You buy what’s cheap, and you sell what’s expensive. So, what’s cheap? That’s the first step—to look at relative value. The second … Read more