Cleanup On Constitution Avenue? A $1 Trillion Glut of Bonds Is Dwarfing Central-Bank Demand

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by confoundedinterest17 The world’s major central banks aren’t purchasing debt fast enough, leaving almost $1 trillion of new sovereign bonds looking for buyers in the months ahead. The flood of fresh debt, sold by governments to fund pandemic-rescue packages, threatens to dwarf central-bank buying and swamp markets in many countries, according to Bloomberg calculations. By contrast, most of … Read more

Believing In King$ About To End If This Breaks?

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by Kimble Charting Is King$ about to experience a dual breakdown of support? If so, will the world no longer believe in the US$? This chart looks at the U.S. Dollar over the past 22-years on a weekly basis. The 92 zone, which is line (1), has been support and resistance several times over the past couple … Read more

California Confirms First Case of PLAGUE in 5 Years, Says It Came From A Flea

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https://www.youtube.com/watch?v=TF8Ft59k5GY California health officials have reported that a resident of South Lake Tahoe has tested positive for plague, marking the first such case in the state in half a decade. The individual is recovering at home. It’s believed that the person was infected by a flea while walking their dog, El Dorado County’s Health and … Read more

Could Stocks and Bonds Peak At The Same Time?

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by Kimble Charting Its been an interesting year in the financial markets, to say the least. And today’s chart qualifies as “interesting” indeed. When the market crashed in March, bond prices surged as yields fell. And the 20+ Year US Treasury Bond ETF (TLT) hit $179 before reversing lower. This seemed like a somewhat normal market response. The … Read more

Why Warren Buffett Is Buying Precious Metals (Again)

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by jessefelder Almost two years ago I wrote, “Why Warren Buffett Would Be Buying Precious Metals Again (If He Could).” In that piece, I referenced a quote from his 1997 Letter to Berkshire Hathaway Shareholders: “Last year, we purchased 111.2 million ounces. Marked to market, that position produced a pre-tax gain of $97.4 million for us in … Read more

While everybody’s focused on the virus & senseless politics, DARPA has been pumping billions into a super soldier program that utilizes “off-world” technologies.

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https://youtu.be/6zM8iSLICE0 I’m not saying what’s going on in the news isn’t important, but ultimately we have to remain vigilant of what’s happening behind the scenes. This is how they distract us. And this video breaks down exactly what’s happening.     h/t  NoCensoredNewsNet

APPLE first company to reach $2 trillion market cap… Stock market would be in red without handful of familiar names

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Apple hit a market cap of $2 trillion, doubling in valuation in just over two years. It’s the first publicly traded U.S. company to reach a $2 trillion market cap. Apple was also the first publicly traded U.S. company to reach a $1 trillion market cap. Apple hit a market cap of $2 trillion Wednesday, doubling in … Read more

Egon von Greyerz: As the crash nears, these massively undervalued gold stocks are set to rally

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TCNTV, Released on 8/19/20 Egon von Greyerz predicts an economic destruction of markets and asset values and a major wealth transfer and tell’s The Capital Network’s Executive Director Lelde Smits who stands to loose and gain the most. Egon von Greyerz specialises in wealth management and wealth preservation for high net worth individuals. He’s the … Read more

How Fear and Uncertainty Drives Demand for Gold

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by Darren Brady Nelson via Mises Even those in the nonfinancial media have noticed the skyrocketing price of gold this year. Some partially identify, but don’t quite understand, some of the many (and more measurable) intermediary effects in the chain of causation such as a “weakened US dollar” and “low bond yields.” Those in the financial press add to these factors ones like “central bank … Read more

JPMorgan Chase held talks with U.S. Postal Service about installing ATMs in post offices

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https://www.cnbc.com/2020/08/19/jpmorgan-chase-held-talks-with-us-postal-service-about-installing-atms-in-post-offices.html JPMorgan Chase, the biggest U.S. bank by assets, has held talks with the U.S. Postal Service about placing ATMs in post office branches. “We had very preliminary conversations with the U.S. Postal Service several months ago about what it might look like to lease a small number of spaces to place ATMs to better … Read more